Ukraine has announced that it is set to begin delivery of the first trams to Egypt by July, according to a statement by the Ukrainian manufacturer Tatra-Yug. The first batch of trams will be docked in Alexandria in early June, the statement said, adding that the delivery of the trams would be completed by the…
Ukraine’s railways operator, the state-run JSC Ukrzaliznytsia, tripled investment in the first quarter of 2018, to UAH 3.869 billion ($147.5 million). “Capital investment of Ukrzaliznytsia was estimated at UAH 3.869 billion in the first quarter of 2018. The major part of funds, that is UAH 2.43 billion, accounting for almost 63%, was spent on the…
The volume of public and government-guaranteed debt of Ukraine in the first quarter of 2018 increased by $1.06 billion in dollar terms, or by 1.4%, to $77.37 billion as of March 31. In hryvnia equivalent, public debt over the said period decreased by UAH 88.09 billion, or by 4.1%, to UAH 2.054 trillion, according to…
Ukrainian President Petro Poroshenko has ordered to start the large-scale production of Ukraine’s brand new Vilkha (Alder) missile system in 2018. “The Ukrainian army will get high-precision weapons. I attended the final testing of our Vilkha missile complex,” he wrote on Facebook on April 25. “Why is it so important? Not only because the Ukrainian…
Ukraine is working on the signing of a number of international contracts in the aerospace sector, Ukrainian Deputy Minister for Economic Development and Trade Yuriy Brovchenko, who heads the Ukrainian delegation at the 2018 ILA Berlin Air Show, declared. “We are reaching the finish line in terms of signing some contracts, procedures for joining the…
In January-March Ukrainian enterprises completed construction works worth UAH 18.3 billion, the index of construction products made up 99.7% compared with the same period in 2017, Deputy Minister of Regional Development, Construction, Housing and Utilities Lev Partskhaladze stated, the government’s press service reports. “In the first three months of 2018 Ukrainian enterprises carried out construction…
Deputy Governor of the National Bank of Ukraine (NBU) Dmytro Sologub says the central bank’s tighter monetary policy will help to curb inflation to 5% by the end of 2020. “A tighter monetary policy will help to return inflation to the target range in the second half of 2019 and reduce it to 5% at…