In 2019, Ukrainian low-cost airline SkyUp Airlines intends to launch direct flights between Ukraine and Portugal. Starting from June 1, SkyUp Airlines will launch direct flights from Kyiv to the resort city of Faro located near Cape St. Mary. Flights will be operated twice a week on Wednesdays and Saturdays until October 26. The lowest…
Kherson City Council and the European Bank for Reconstruction and Development (EBRD) have signed an agreement on the preparation of loan financing for the purchase of new trolleybuses. “On December 27, 2018 Kherson Mayor Volodymyr Mykolayenko and First Deputy Mayor Ihor Kozakov held a meeting with Deputy Head of the European Bank of Reconstruction and…
Roshen Confectionary Corporation has lost one position in the rating of Global Top 100 Candy Companies 2018 and was the 25th, retaining sales at the level of 2017 with $800 million. According to the rating posted on the website of the Candy Industry publication, Roshen Corporation has eight factories and over 10,000 employees. Konti Group…
Moody’s Public Sector Europe has upgraded the ratings of two Ukrainian cities – Kyiv and Kharkiv – to Caa1 from Caa2, which reflected Moody’s upgrade of Ukraine’s sovereign bond rating to Caa1, with a stable outlook, from Caa2 (positive outlook) on December 21. The outlook for the two cities was also changed to stable from…
Ukraine’s state and government-guaranteed debt in November grew by 0.6%, or by $0.44 billion, to $74.76 billion. The amount of the debt in the hryvnia equivalent increased by 1.4%, or by UAH 29.4 billion, to UAH 2.122 trillion, the Ukrainian Finance Ministry said. Since the beginning of the year, the country’s state debt in the…
Ukrainian Infrastructure Minister Volodymyr Omelyan has said he expects the construction of toll roads in Ukraine to begin next year. “The last word will be for Ukravtodor. I fully trust Ukravdotor Chief Slawomir Nowak. He has built many toll roads in Poland. I hope that we will be able to start it next year. We…
In January-November, water transport of Ukraine carried 5.3 million tons of cargo, down by 2.1% YoY, says State Statistics Committee of Ukraine. Cargo turnover fell by 20.8%, to 3,155.1 million ton-km. All types of transport carried 517 million tons of cargo (-1.5%). (PortNews/Business World Magazine)