The World Bank predicts that inflation in Ukraine in 2018 may reach 10%, as inflation risks remain quite significant, World Bank Economist for Ukraine Anastasia Golovach said at a press conference. “Inflation reached almost 14% in 2017. Inflation risks remain significant, and we expect inflation to reach 10% in 2018,” Golovach said. According to her,…
A total of 50 companies intend to participate in a tender for the repairs of sections of the Kyiv – Chernihiv – Novi Yarylovychi road. Most of these companies are international ones, Director of State Enterprise Ukrdorivest (Road Projects in Ukraine), Olena Kryvoruchko, declared. “A new tender for the repairs of sections of the Kyiv…
Ukraine is resolutely carrying out reforms so that to significantly improve the investment climate, President Petro Poroshenko stated in an interview with the German business newspaper Handelsblatt, the president’s press service reports. “We are resolutely implementing reforms to improve the investment climate significantly. The evaluation of the World Bank can be more trustworthy than the…
On April 4 Nibulon completed another stage of dredging operations on the Southern Buh River. Despite the adverse weather conditions, low temperature, and wind, the dredging operations have been performed according to schedule. According to the company, the dredging has been finished before spawning, as promised. The operations have been performed by Mykolaivets self-propelled dredger.…
Dominique Ristori, the Director General of the Directorate-General for Energy within the European Commission, has expressed its support for Ukraine’s stance on construction of Russian gas pipeline Nord Stream 2. Ristori said this during a briefing upon the meeting with Energy and Coal Industry Minister of Ukraine Ihor Nasalyk, the government portal reports. “Ristori has…
Ukraine’s large and medium-sized plants produced 8.7 thousand tons of mayonnaise in February, up by 3% MoM (8.5 thousand tons) and by 5% YoY (8.3 thousand tons). Mayonnaise output in January-February grew by 7% YoY, to 17.2 thousand tons. Mayonnaise production has been staying stable at 124-126 thousand tons since three years ago. That is…
Ukrainian President Petro Poroshenko says local budgets within the decentralization reform accounted for more than 50% of the country’s consolidated budget. “For the first time in the history of Ukraine, if we take transfers to local budgets, more than 50% of the consolidated budget is local budgets,” he said at a meeting on decentralization in…