The international foreign exchange reserves of Ukraine amount to more than $21 billion, President of Ukraine Petro Poroshenko said at the All-Ukrainian Public Forum “Open Dialogue” in Kyiv. “In 2014-2015, the level of foreign exchange reserves amounted to $5 billion, and payments amounted to $7 billion. The threat of Ukraine’s bankruptcy seemed inevitable. Today, the…
Last year, Ukraine produced 159.35 billion kWh of electricity, up by 2.5% YoY. As the Energy and Coal Industry Ministry of Ukraine reports, the electricity production in 2018 amounted to 159.35 billion kWh, up by 2.5% YoY. The share of nuclear power plants in overall Ukrainian electricity production was 53%, of thermal power stations and…
As part of the visit of a delegation of Ukraine’s Defense Ministry and State Concern Ukroboronprom to Jordan, Director General of Ukroboronprom Pavlo Bukin met with Prince Faisal bin Hussein. The parties discussed, in particular, the issues of military and technical cooperation, Ukroboronprom’s press service reported. “The parties discussed the issues of bilateral military and…
The agricultural company Olgopol commissions a milk factory in the Chechelnitsky district of Vinnytsya region, the company informs. The capacity of the enterprise provides for processing of 5 tons of milk daily. The factory will produce all types of dairy products, except for butter. The company has implemented a system for quality and food safety…
As of January 1, wage arrears in Ukraine amounted to UAH 2,645.1 million, up by 11.7% YoY, the State Statistics Service of Ukraine has reported. Among the leaders in terms of wage arrears were Luhansk region (UAH 505.9 million), Donetsk region (UAH 467.3 million) and Sumy region (UAH 275.3 million). The lowest salary debts as…
Lviv International Airport named after Danylo Halytsky is in talks with Qatar Airways on the launch of flights and expects a visit of the airline’s representatives late in February. “We are in talks with Asian countries. I really want to see the launch of flights to Asia. We are negotiating with Qatar Airways. We are…
Ukraine’s National Power Company Ukrenergo is implementing more than a hundred investment projects worth over EUR 1.5 billion, the company’s press service has reported on Facebook. According to the report, all of these projects are aimed at modernizing the Ukrainian power system, preparing it for integration with the European power grid, and transforming Ukrenergo into…