Risoil S.A. voiced the modernization plans in the seaport of Chernomorsk including a $70-million investment in transshipment terminal. “This amount will be invested within the framework of the Memorandum of cooperation signed with the USPA. The administration is engaged in dredging the access channel to 16 meters. For the successful implementation of this project and…
Wizz Air launched four new flights from Ukraine on March 1-3, in particular, from Kyiv to Bremen (Germany), Billund (Denmark) and Riga (Latvia) and from Lviv to Copenhagen (Denmark), the company’s press service has reported. According to the report, Wizz Air performed its first flights from Kyiv to Bremen, Billund and Riga, as well as…
The state allocated UAH 1.3 billion for the repair of two roads of national significance, namely Mykolaiv-Dnipro and Mykolaiv-Kropyvnytsky, Ukrainian Infrastructure Minister Volodymyr Omelyan said during a meeting of the Mykolaiv Region Development Council. “I am aware of the state of these roads. Therefore, the government has allocated UAH 1.3 billion for the repair of…
Prices of vegetables comprising the so-called borsch kit have decreased in Ukraine. As of early March, the cost of most winter vegetables is lower than last year. Prices for carrots on wholesale markets fell by 6%, beets by 15%, and potatoes by almost 20% over the last week of February. However, the prices of onions…
Revenues of the state budget in February amounted to UAH 70.3 billion, up by 24.9% YoY, according to the press service of the Finance Ministry. “In February, according to the data provided by the State Treasury Service, revenues of the state budget (general and special funds) amounted to UAH 70.3 billion, or 108.6% of the…
Ukraine’s state-owned banks in 2018 reduced problem loans by UAH 5 billion, or by $185.3 million, and restructured debts by UAH 21 billion, or by $778.1 million. The country’s Financial Stability Council in July 2018 created a committee to regulate non-performing loans of state-run banks. It also developed recommendations for such banks, according to the…
From March 15, air service between Uzhhorod and Kyiv will be resumed with the Kyiv-Lviv-Uzhhorod flight, which will be operated once a week, President Petro Poroshenko wrote on Facebook. “As promised, we will resume regular air service with Uzhhorod in March. Finally, after a long period, the Uzhhorod airport will work! We will begin on…