Industrial production in Ukraine in July declined by 2.6% YoY, against a 3.8% rise in June and a 1.2% rise in May, the State Statistics Service of Ukraine has said. The authority said that this was linked to a decline in mining and quarry development industry by 9.4%, a 10.2% decrease in the supply of…
This year, UAH 20 billion should be spent on the construction of roads, and UAH 30 billion next year, president Petro Poroshenko said. “We set a task to allocate UAH 20 billion for the construction of roads this year, and UAH 30 billion in the next year. This is the dynamics that I want to…
Retail trade in Ukraine grew by 8% YoY in January-July, according to the Ukrainian State Statistics Service’s website. Retail turnover increased the most in Zakarpattia, Vinnytsia, Odessa, Sumy, Mykolaiv, Cherkasy, and Lviv regions – by 21%, 17.7%, 12.8%, 10.8%, 10.6%, 9.5% and 9.5%, respectively. Retail trade in July alone rose by 6.7% against June, while…
Ukraine International Airlines (UIA, Kyiv), the country’s largest air carrier, intends to launch long-haul flights to India and Canada in summer 2018. According to the press service of the company, the matter concerns flights to Delhi and Toronto to be performed four and three times a week respectively. As reported, the commission of the State…
On August 22, Ukraine and Israel will hold the tenth meeting of the joint Ukrainian-Israeli Commission on Trade and Economic Cooperation in Kyiv. This was reported by the press service of the Foreign Ministry of Ukraine. “The tenth meeting of the joint Ukrainian-Israeli Commission on Trade and Economic Cooperation will be held in Kyiv on…
The total loss of Ukrainian solvent banks was estimated at UAH 223 million in January-July, down 41.5-fold YoY, according to the National Bank of Ukraine (NBU). Ukraine’s solvent banks received UAH 1.43 billion in profit over the period under review. According to the NBU, incomes of banks for January-July amounted to UAH 101.624 billion, which…
Ukrainian Prosecutor General’s Office (PGO) is conducting a pretrial investigation into a criminal case regarding abuse of office by officials of Ukrspyrt causing large loss to the state. The press service of the PGO said that the investigators had established that officials of Ukrspyrt abused office when holding tenders to procure natural gas for the…