Ukrainian Prime Minister Volodymyr Groysman says Ukraine needs about 10 years to become a self-sufficient economy. “We will need some time to become self-sufficient from the economic point of view. I can cope with this task within 10 years. This means that our economy will undergo positive changes every year,” the prime minister said at…
Since the start of the year individuals have paid UAH 97.2 million of luxury car taxes, up by UAH 55.2 million YoY, the press service of the State Fiscal Service reports. “In January-July owners of luxury cars paid UAH 97.2 million of vehicle tax to local budgets. Compared to the corresponding period of the last…
In June mayonnaise production by Ukraine’s large and medium-sized plants totaled 10.5 thousand tons, i.e. it recovered to the level of June 2017. Mayonnaise output in the reporting month was the second largest this year, but it still remained below the four-year average of 11.2 thousand tons. Although it gained almost 2% from May, this…
Ukraine is moving steadily towards European and Euro-Atlantic integration, but the economic development is also a key task. “We can move forward only when we have economic successes. Yes, we have created the army. Yes, we have reached the international solidarity around Ukraine. Yes, I firmly advance Ukraine towards European and Euro-Atlantic integration. However, the…
The “Zorya-Mashproekt” Gas Turbine Research and Production Complex has successfully tested a new 32 MW turbine, which has no analogues in the world, President of Ukraine Petro Poroshenko said to the staff of the complex within the framework of his working trip to Mykolayiv region. “Today the first tests of the new 32 MW turbine,…
Ukraine’s Infrastructure Minister Volodymyr Omelyan says interim or major overhauls of roads in Ukraine cost about UAH 10 million ($358,551) per kilometer. “Some 4,000 kilometers of roads have been repaired this year. This is a large figure. Interim or major overhauls of roads in Ukraine cost about UAH 10 million per kilometer, which is a…
Ukrainian President Petro Poroshenko has announced that the country’s defense industry has virtually gotten rid of dependence on the supply of components from Russia. “The defense industry’s efforts are now focused on the production of high-tech modern weapons, which fully meet world standards, and on the modernization of the existing types of armament,” he said…