Turkish company Onur Construction International LLC has won two tenders to build sections of public roads in Lviv region for a total amount of UAH 968 million. According to data from the ProZorro procurement system, Onur Construction International won a tender for the repairs of the public highway T-18-06 Rivne – Mlyniv – Berestechko –…
The growth of Ukraine’s gross domestic product (GDP) will accelerate from 1.8% in 2017 to 3% in 2018, 3.6% in 2019 and 4% in 2020, such a basic macro scenario was approved by the Ukrainian government at a meeting on May 31. “According to this scenario, the rates of business’ adaptation to new conditions, preservation…
About UAH 6 billion in additional funds will be spent on construction and reconstruction of roads in the regions of Ukraine, Prime Minister of Ukraine Volodymyr Groysman said at the Cabinet’s meeting on May 31. “In fact, we managed to mobilize by the efforts of the State Fiscal Service about UAH 6 billion in additional…
Kernel, one of the largest Ukrainian agricultural groups, is completing negotiations on the acquisition of two agricultural companies with the land bank of 40,000 hectares and 190,000 hectares. “We are close to completing two transactions, which we are going to announce soon. We are talking about two deals: one of them is for 190,000 hectares,…
Three solar power plants with a total capacity of 86 MW are to be built in Odessa region before June 1, 2018. Kness Group CEO Serhiy Shakalov and Chairman of Odessa Regional Administration Maksym Stepanov signed a memorandum on cooperation on May 25. The facilities will be located in Oknyansky and Artsyzky districts of the…
DTEK Prydniprovska Thermal Power Plant re-connected one of its power units to the grid. DTEK Kryvorizka TPP reactivated its powers units earlier. Thus, the thermal power plants have confirmed their readiness to ensure stable operation of Ukraine’s energy system during summer peaks. This is the first unit reactivation since April when DTEK Prydniprovska and Kryvorizka…
In April the average salary of a full-time employee across Ukraine totaled UAH 6,659, down by 1.4% MoM and up by 36% YoY, according to the State Statistics Service of Ukraine. The average salary in April exceeded the minimum wage of UAH 3,200, 2.1-fold. According to the State Statistics Service, the actual salary decreased by…