In a ceremony attended by Ukraine’s president Petro Poroshenko and Norwegian foreign minister Ine Soereide Eriksen, the Norwegian wind power developer NBT AS and its partners announced an agreement to build a 250 MW wind farm in the southern Kherson region of Ukraine. In close cooperation with leading international industrial companies and financial investors, NBT…
The Deposit Guarantee Fund of Ukraine has extended the term of liquidation of PJSC Commercial Bank Ukrainian Financial World, the Fund’s press service reports. “Under point 2 of Part 5 of Article 12, Part 1 of Article 35, Part 5 of Article 44, Part 3 of Article 48 of the Law of Ukraine “On Individuals’…
German company Bayer has opened a modern factory for production of seeds of agricultural crops in Zhytomyr region, northwestern Ukraine. “The Bayer company has opened a new modern factory for the production of seeds of agricultural crops in Zhytomyr region. The company has created 85 permanent and 220 seasonal jobs for Ukrainians,” President of Ukraine…
In July Ukrainian banks reduced the share of problem non-performing loans by 0.6%, to 55.1%, according to the data provided by the National Bank of Ukraine. According to the NBU, as of August 1, the total volume of provided loans grew by UAH 21.9 billion, to UAH 1.2 trillion. Of which non-performing loans amounted to…
The state enterprise “Berdiansk Commercial Sea Port” upgraded its material and technical base and introduced a new technology for grain handling. The state port operator purchased two ship loaders, one of which is already operating. The new equipment allows loading about 300 tons of grain per hour. The introduction of new technologies should provide stable…
In January-June Ukraine exported goods and services to the EU countries to the tune of $11.2 billion. The exports to the EU countries in the first six months of 2018 totaled $11.2 billion (the exports in goods totaled $9.7 billion). Ukraine’s exports to the EU grew by $1.8 billion compared to the same period last…
The Ukrainian market of new passenger cars increased by 11% YoY in August, the Ukrainian Motor Vehicle Manufacturers Association UkrAutoProm reports. Also, the demand for new passenger cars over the reporting month grew by 10% MoM. Renault passenger cars had the largest demand in August, with 986 vehicles registered. Its share on the market of…