Hungarian low-cost carrier Wizz Air intends to launch new London-Lviv flights from May 1, 2018, not September 1 as previously announced, according to the renewed airline reservation system. The company has confirmed this information. The flights will be performed three times a week. In London, the flights will be carried out from Luton airport located…
Low-cost airline Wizz Air has postponed the launch of flights from Kyiv to Lisbon, Portugal, and Tallinn, Estonia, by two months: from April 19 to June 21, 2018. Air’s call center confirmed this information, however, it did not mention the cause behind the decision. In addition to the postponement of the launch of the new…
The United States has decided to suspend a number of preferences regarding duty-free trade with Ukraine, according to a letter from U.S. President Donald Trump to the Speaker of the House of Representatives and the President of the Senate, published on the White House’s website. “Pursuant to section 502(d)(3) of the Trade Act of 1974,…
In January-November the general fund of local budgets received UAH 173.5 billion, which is 96.7% of the annual projected figures, Vice Prime Minister – Minister of Regional Development, Construction, Housing and Utilities Service Hennadiy Zubko declared. According to him, 692 united territorial communities have been created in Ukraine. A total 3,327 local councils have united,…
The nationalized Ukrainian-based PrivatBank has hired a leading Ukrainian company that is Rothschild’s partner in Ukraine to find buyers of PrivatBank’s 46.5% stake in AS PrivatBank Latvia, the Ukrainian bank said in a statement. PrivatBank’s supervisory council has given the green light to hiring, the bank said. The partner will also have to prepare and…
Ukrzaliznytsia seeks to send UAH 18 billion for top priority investment projects, acting Board Chairman of Ukrzaliznytsia Yevhen Kravtsov has said. “We plan to use mainly these funds in 2018 and early 2019,” he said, presenting a plan of priority investment projects in the Cabinet of Ministers of Ukraine. Kravtsov said that the funds would…
The National Bank of Ukraine (NBU) has decided to withdraw a license of PJSC Rodovid Bank nationalized in 2009 and then recognized insolvent under the Finance Ministry’s decision as of February 2016. This has been reported by the central bank’s press service. The NBU approved of a decision to revoke a banking license and liquidate…