Ukraine imports 80% of the consumed fish, according to First Deputy Agrarian Policy Minister Maksym Martyniuk. He stated that Ukraine had huge potential for import substitution. “We need to develop the production of aquaculture: once the fish is produced in Ukraine and sold for the Ukrainian hryvnia, then poachers, who now receive fish for free…
PrivatBank has started an internal investigation into the leakage of bank secrecy, the bank has said in a press release. “We want an understanding of the need to conduct this complicated work in the bank and avoid public manipulation using unreliable information regarding the investigation process, both in statements by politicians and public figures with…
Naftogaz Ukrainy from March 1 will reduce the price of gas sold to industrial consumers on a prepayment basis by 10.8% (UAH 994.8) compared to February, to UAH 8,201 for 1,000 cubic meters (including VAT). According to the company, this price is relevant for consumers buying gas on a prepayment basis in the amount of…
A member of Ryanair board Juliusz Komorek has confirmed plans earlier announced by Ukrainian Infrastructure Minister Volodymyr Omelyan to launch flights from Ukraine in autumn. “This is a real date. I hope this happens,” he said, adding that changes would be made to the routes announced last year. Earlier Omelyan said that Ukraine was in…
The economic sentiment indicator in Ukraine, calculated by the State Statistics Service, in the first quarter of 2018 was 110.1% compared with 104.3% and 105% in the fourth and third quarters of 2017 respectively, indicating its transition to the stage of recovery. According to the service, three out of the five indicators of business confidence…
The public joint-stock company Ukrzaliznytsia intends to increase prices of passenger transportation by rail by 10% from April 1. The company plans to increase the prices two more times this year. According to a report of the Magistral media center of PJSC Ukrzaliznytsia posted on its website, the management of the company calls this decision…
Revenues of local budgets in Ukraine grew by 31% or by UAH 45.3 billion due to the decentralization reform carried out in 2017, Prime Minister Volodymyr Groysman wrote on his Facebook page. “665 united territorial communities have already been created in Ukraine. Territorial communities receive millions of hryvnias for infrastructure development: they buy equipment for…