Ukraine: GIZ to launch new project to support Energy Efficiency Fund

The German federal company Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) mbH launches a new project to support the Energy Efficiency Fund of Ukraine, Vice Prime Minister-Minister for Regional Development, Construction and Housing Hennadiy Zubko wrote on his Facebook page. “We continue to unite international partners around the energy efficiency reform and the launch of the…

Ukraine: AVK launches sweets exports to Malaysia

AVK confectionery company has launched exports to Malaysia. “We have already handled the first three deliveries of sweets and are working on new orders,” AVK Deputy Director General for Strategic Development Andriy Radchuk declared. As reported, the first 50 tons of Ukrainian sweets have already been supplied to Malaysia. Radchuk says the company plans to…

Ukraine: trade relations with UK to strengthen

Ukraine and the UK have welcomed ongoing consultations on ensuring the implementation of the Association Agreement between Ukraine and the EU, which includes a Deep and Comprehensive Free Trade Agreement (DCFTA), facilitating trade worth $2.35 billion between the two countries after the UK leaves the EU, the press service of the Ministry of Economic Development…

Ukraine: exports to Canada up in 2017

In 2017 exports of Ukrainian goods to Canada grew by 74.4% (or $21.5 million) and amounted to $50.4 million, the press service of the Economic Development and Trade Ministry wrote on Twitter. “Soon it will be two years since the Canada-Ukraine Free Trade Agreement was signed. In 2017 exports of Ukrainian goods to Canada rose…

Ukraine: wage arrears exceed $95.5 million

Arrears in wage payments across Ukraine as of June 1 increased by 3.5% YoY, amounting to UAH 2.561 billion ($95.46 million), the State Statistics Service reports.

Arrears in wages to employees of economically active enterprises increased by 6.5%, to UAH 1.411 billion ($53.87 million). (UNIAN/Business World Magazine)

Ukraine: number of electric cars growing

Over 7,000 electric vehicles have been registered in Ukraine and their number grows annually, the Ministry of Ecology and Natural Resources posted on Twitter. “The number of registered electric vehicles in Ukraine grows every year. In general, there are 7,439 electric vehicles in the country,” reads the report. The Ministry of Ecology reminded that the…

Ukraine: state debt down in May 2018

In May the overall government-guaranteed state debt of Ukraine decreased by $0.79 billion, to $76.26 billion, the Finance Ministry’s press service reports. According the ministry, the state debt in hryvnia equivalent over the reporting month declined by UAH 27.97 billion, to UAH 1.993 trillion. Earlier the National Bank reported it expected the state debt reduction…

Ukraine: energy efficiency at 9% to be reached by 2020

Ukraine is expected to reach energy efficiency at the level of 9% by 2020, compared with the situation in 2005-2009, by implementing the European energy efficiency directives. “Today all the international partners help Ukraine move towards energy efficiency. However, this path is impossible without the implementation of key European energy efficiency directives and a roadmap,…

Ukraine: 1 million people to receive raised pensions

About one million Ukrainians will receive raised pension payments from July 1, 2018, according to Deputy Prime Minister Pavlo Rozenko “From July 1 the minimum subsistence level will be raised for persons who have lost the ability to work. Pension payments will be increased for approximately one million Ukrainians,” Rozenko said, explaining that payments would…

Ukraine: local budget revenues up in January-May 2018

In January-May Ukraine’s local budget revenues increased to UAH 89.7 billion, up by 24.1% YoY, Vice Prime Minister – Minister for Regional Development, Construction, Housing and Utilities Hennadiy Zubko posted on his Facebook page. “In January-May local budget revenues increased to UAH 89.7 billion. The growth in revenues against the corresponding period last year amounted…