GE Transportation, a division of U.S. company General Electric, will provide Ukraine with first diesel locomotives this autumn, Prime Minister Volodymyr Groysman stated during the Government Question Hour meeting held in Parliament. “This year we will build more wagons than ever. And we will get a new rolling stock this autumn, which we built with…
In 2018 Ukraine will receive about $2 billion from the IMF, as well as loans from the EU and the World Bank, which will provide an opportunity to increase international reserves up to $20.7 billion by the end of this year. However, in 2019-2020, due to peak payments on external public debt, the balance of…
Ukrainian banks in the first half of 2018 reduced the number of operating structural divisions by 361, to 9,128 as of July 1, according to the National Bank of Ukraine. According to the data published on the regulator’s website, the largest number of branches during the period under review was shut down by state-owned banks,…
Ukraine exported 67,600 tons of sugar in June of the current marketing year (2017-2018 MY, September through August), up by 25% MoM, the National Association of Sugar Producers, Ukrtsukor, has reported. “Large batches of sugar in June were shipped to Uzbekistan (51%) and Libya (35%), while smaller batches were exported to Azerbaijan (5%), Armenia and…
The positive dynamics of Ukraine’s GDP growth will remain at 3.2% by the end of 2018, and it may also increase by about 3% in 2019, First Vice Prime Minister – Minister of Economic Development and Trade Stepan Kubiv stated when presenting the government’s report for the first half of 2018 at a meeting of…
The Ukrainian State Air Traffic Service Enterprise (UkSATSE) and the European Aviation Safety Agency (EASA) have signed an agreement to carry out the audit of Uzhhorod International Airport, which is scheduled to be launched this year, Infrastructure Minister of Ukraine Volodymyr Omelyan said following the 36th session of the European Civil Aviation Conference, which was…
The Deposit Guarantee Fund has resumed payments to the depositors of insolvent PJSC Fidobank, the fund’s press service reports. “From July 9 the Deposit Guarantee Fund has been paying refunds to the depositors of PJSC Fidobank under bank deposit agreements, regardless of the date of their termination and under bank account agreements (including card accounts),…