G7 Ambassadors have welcomed the adoption at first reading of the bill lifting a moratorium on farmland sales in Ukraine, they said in a joint statement posted on the Twitter account of the French Presidency of the G7 Ambassadors’ Support Group in Kyiv. “G7 Ambassadors welcome the launch of a legislative process to end the…
Speaker of the Ukrainian Parliament Dmytro Razumkov says the national budget for 2020, which has recently been passed by the parliament, is not final and will be amended. “Parliamentarians also spoke about this, addressing the government. They said that not all proposals from representatives of various political forces had been taken into account. There will…
The Deposit Guarantee Fund has completed the liquidation of PJSC Unikombank, according to the Fund’s press service. “On November 14 relevant documents were submitted to the United State Register of Legal Entities, Individual Entrepreneurs and Public Organizations to register the termination of PJSC Unikombank as a legal entity, thus, the process of liquidation of the…
The European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) will provide EUR 75 million each for the road safety project in the cities of Kyiv, Dnipro, Kharkiv, Lviv, Kamianets-Podilskyi and Odesa, according to the Infrastructure Ministry of Ukraine. “This project will be implemented by Kyiv, Dnipro, Kharkiv, Lviv, Kamianets-Podilskyi and…
The Supervisory and Management Boards of Ukraine’s state-owned Ukreximbank have assured that the detention of the bank’s head, Oleksandr Hrytsenko, by the SBU Security Service of Ukraine will not affect the financial institution’s work. “The Supervisory Board and the Management Boards of the bank continue ensuring the financial institution’s efficient operation and guarantee its customers…
Ukrmetprom President Oleksandr Kalenkov says freight railway tariffs should be reduced by 10% in Ukraine under the current crisis conditions. “Amid the crisis in all industries in global markets, we need to consider the issue of lowering Ukrzaliznytsia’s tariffs by 10%, that is to set such a precedent. This will give an additional incentive to…
In January-September Astarta sugar revenues decreased by 10% YoY, to EUR 87 million on flat sugar price and decline in sugar sales volumes by 12%, to 240 thousand tons (including 16 thousand tons of export sales) amid unfavorable development of local and global sugar prices for the two consecutive years. The Ukrainian sugar production campaign…