Valentyn Badrak, military expert and writer, the director of the Center for Army, Conversion and Disarmament Studies, says Ukrainian Skif and Korsar anti-tank guided missiles (ATGM) have recently proved to be no worse than the U.S. Javelin systems. “To date, there is a whole line of ATGMs, among which the most famous are Skif and…
Ukraine’s State Fiscal Service (SFS) reimbursed UAH 54.8 billion worth of value added tax (VAT) in January-May, according to a report on the SFS official page on Facebook. “In January-May UAH 54.8 billion worth of VAT was reimbursed to taxpayers, up by 14.4% or by UAH 6.9 billion YoY. UAH 47.9 billion worth of VAT…
Yanair has started operating direct scheduled flights between Lviv and Batumi from June 8. “It was very difficult for us to abandon numerous applications of the Lviv airport and the wishes of our passengers in Batumi, who were forced to fly to Kyiv and return to Lviv in transit. Therefore, we tried to satisfy their…
In May Ukrainian producers delivered 54,000 tons of sugar to foreign markets, up by 29% YoY, the press service of the Ukrtsukor National Association of Sugar Producers of Ukraine reported. “In May the main importer of Ukrainian sugar was again Uzbekistan (72%). In addition, 11% of deliveries were made to the UK, 5% to Azerbaijan…
Ukraine boosted electricity exports by 25% YoY in January-May (in monetary terms), to $137.2 million. Hungary accounted for 62.2% of the electricity sales abroad (estimated at $85.3 million), while the share of Poland was nearly 23.8% ($32.6 million) and that of Moldova 11.4% ($15.6 million), the Ukrainian State Fiscal Service said. (UNIAN/Business World Magazine)
The positive dynamics of Ukrainian exports growth is largely triggered by the attraction of foreign investment in the production located in Ukraine. “Attraction of investments in Ukrainian production is one of the factors in growing exports as the investors, apart from establishing production and putting money in modernization of enterprises, also attract their distribution networks,…
The United States has imposed sanctions on the Ukrainian Dart Airlines. The sanctions are being applied due to the fact that the Ukrainian airline cooperated with the Iran’s Caspian Air. “For assisting in, sponsoring, or providing financial, material, technological support for, or financial or other services to or in support of, Iran’s Caspian Air,” reads…