Bank Lviv and the German-Ukrainian Fund (GUF) have signed an agreement for EUR 3 million to provide lending for small and medium-sized enterprises (SMEs). “In accordance with the signed loan agreements, Bank Lviv will provide loans to SMEs as part of a micro-lending program and a new SME program to support the financing of SME…
Coca-Cola Beverages Ukraine has launched a new PET line at a plant in the Kyiv region. The production capacity of the line is 42,000 bottles per hour. The project was implemented in 2.5 months, and the volume of investments in the project was 10.5 million euros. As of December 12, the plant utilized 12 lines…
The Board of the National Bank of Ukraine has decided to keep its key policy rate at 18% per annum. In November, annual consumer price inflation came in at 10% and was close to the NBU’s latest forecast published in the October Inflation Report. The acceleration of inflation as compared to previous months was anticipated…
Before martial law period expires, Ukrainian troops are expected to have received more than 200 units of military equipment, according to Defense of Ukraine Stepan Poltorak. Martial law is introduced in the country for two main reasons. The first is aggression against Ukraine. The second is when there is a threat of open aggression. “Thanks…
The most popular international flights from Igor Sikorsky Kyiv International Airport (Zhuliany) in 2018 were Minsk, Warsaw, Sharm el-Sheik, Ankara, Dubai, and Antalya, the airport’s press service wrote on Facebook. “And domestic flights – Odesa, Zaporizhzhia, and Lviv,” reads the report. In January-November Kyiv International Airport serviced 2.606 million passengers, up by 53.7% YoY. “The…
Lviv region has approved the main financial document for 2019. “The Lviv Regional Council at an extraordinary session on December 11 adopted the budget for 2019. The main financial document envisages expenditures at UAH 14.5 billion. Almost UAH 1.42 billion will be spent on the implementation of regional programs in Lviv region next year,” press…
Prime Minister Volodymyr Groysman has said that the economy of Ukraine has been growing for 11 quarters in a row, although it’s not enough and much still needs to be done. “Our goal is to reach 5-7% of GDP growth. We need to attract investments for this. We are moving in the ease of doing…