The United Kingdom intends to deepen economic cooperation with Ukraine after withdrawal from the EU. “We have designated Ukraine as one of the UK’s post-Brexit priority markets, and our ambition is to further improve and liberalize the trading relationship between us,” UK Secretary of State for International Trade Liam Fox said at the Ukraine Week…
Dairy food exports from Ukraine in September shrank by 40% YoY, to $18.3 million, which was the lowest rate ever reported. “A significant drop in the prices of creamery butter and powdered milk on the world market led to the fact that Ukraine had the lowest export revenue from the sale of dairy products in…
The State Fiscal Service of Ukraine paid UAH 97.6 billion ($3.5 billion) in value-added tax (VAT) refunds to taxpayers in January-September, up by 11.5% YoY. Taxpayers obtained UAH 12.4 billion ($441.6 million) in VAT reimbursement in September alone, up by 28% YoY. “The average monthly VAT refunds also increased by 11.3%, or by UAH 1.1…
During the summer of 2018 Wizz Air carried more than 450,000 passengers on its Ukrainian routes, showing a 145% growth compared with June-August last year. This summer the most popular destinations from Kyiv were Budapest, Memmingen, Dortmund, Frankfurt, Berlin-Schonefeld (Germany), Warsaw and Copenhagen. Wizz Air now offers flights on 42 routes to 12 countries from…
In January-September the local budget revenues grew by UAH 32.7 billion compared to the same period last year and totaled UAH 167.6 billion. “In 9 months the local budget revenues grew by 25%,” Vice Prime Minister – Minister of Regional Development, Construction and Housing and Communal Services of Ukraine Hennady Zubko announced, the government portal…
Ukraine has unveiled a solar plant in Chornobyl, just across from where a power station, now encased in a giant sarcophagus, caused the world’s worst nuclear disaster three decades ago. Built in a contaminated area, which remains largely uninhabitable and where visitors are accompanied by guides carrying radiation meters, 3,800 panels produce energy to power…
Trade and economic relations between Ukraine and Moldova are developing in a positive manner, and they are not subject to any restrictions, Ukrainian Prime Minister Volodymyr Groysman has said. “First and foremost, I want to note a high level of the development of Moldovan-Ukrainian trade and economic relations. We also see the prospect of their…