Deputy Prime Minister Volodymyr Kistion says that the Cabinet of Ministers has decided to allocate UAH 800 million for the construction of Lviv – Odesa – Mykolaiv highway. Kistion noted that the government approved amendments to the 2017 national budget under which additional UAH 800 million would be allocated for major repairs of roads. According…
The National Bank of Ukraine (NBU) has given six months to PrivatBank to settle relations with Football Club Dynamo (FC, both based in Kyiv) in line with regulatory requirements. According to the response of the central bank to PrivatBank, lending to persons connected with the previous owners of PrivatBank (including FC Dynamo) violates the restrictions…
Ukraine’s Cabinet of Ministers has approved an agreement on cooperation in the railway sphere signed by the Cabinet and the government of Serbia in Belgrade in June 2013. According to an explanatory note to the document, its endorsement would create a reliable international legal tool for implementing and stepping up bilateral intergovernmental relations, the conditions…
Ukraine’s State Service for Food Safety and Consumers Protection has reported that nine more Ukrainian enterprises have been permitted to supply dairy products to China. “Earlier 18 companies had the right to export dairy products to the Chinese market. Our Chinese colleagues expanded this list by nine companies, to 27 Ukrainian enterprises,” State Service for…
Auchan Retail Ukraine, which operates a chain of 11 hypermarkets in Kyiv, Lviv, Odessa, Zaporizhia, and Kryvy Rih, signed an agreement with the Ukrainian distributor Caravan on the acquisition of its assets, namely nine Ukrainian-based hypermarkets, which employ 3,300 people. “Auchan Retail Ukraine will strengthen its presence in Kyiv, and will also be present in…
Naftogaz Ukrainy from July 1 will reduce the price of gas for industrial consumers (prepayment basis) by 3% (by UAH 222), to UAH 7,208 per 1,000 cubic meters (including VAT). According to a company press release, this price is relevant for consumers purchasing gas in the amount of more than 50,000 cubic meters per month…
Last year, the trade turnover between Ukraine and Hungary grew after the fall in 2015 and amounted to $3 billion, Hungarian Extraordinary and Plenipotentiary Ambassador to Ukraine Erno Keskeny said during a roundtable in Kyiv on the topic “The Hungarian factor in domestic policy of Ukraine”. “We have a high trade turnover. Of course, it…