Prime Minister of Ukraine Volodymyr Groysman says that government spent about UAH 10 billion on road repairs and construction last year; however some of these repaired roads are again in poor condition. “Last year we spent UAH 10 billion on roads and the situation in many regions was noticeably better, but there are many new…
The sale of Alfa-Bank Ukraine is not being planned, one of the bank’s major shareholders Petr Aven declared. “We are not preparing to sell,” Aven said, adding that Alfa-Bank currently had a “normal working relationship” with the National Bank of Ukraine. Earlier, the director of strategic communication of Alfa-Bank Ukraine Denis Kazvan said that after…
The State Road Agency of Ukraine (Ukravtodor) and China Road and Bridge Corporation (CRBC) have begun working on a joint project for the construction of a road bypassing the city of Kremenchuk with a bridge across the River Dnipro, Ukravtodor posted on its official Facebook page. “On March 21, the Memorandum of Cooperation between the…
The National Bank of Ukraine (NBU) due to the blockade of trade with the certain areas of Donetsk and Luhansk regions and the improvement of situation on foreign markets has revised macro indicators for 2017 and 2018, in particular, worsening the forecast for the growth of the country’s gross domestic product (GDP) for 2017 from…
According to preliminary information, Ukraine exported 840 KMT of wheat in February that is basically comparable with its exports in the same month last year (855 KMT). In total, the country supplied 13.56 MMT of wheat to foreign markets in the first eight months of the current season, or 14.5% more than at the same…
In January-February, PJSC Ukrzaliznytsia, Ukrainian railways, transported 53.7 million tons of cargo, which is by 9% more compared with the same period last year, according to a report on the company’s website. In particular, Ukrzaliznytsia transported 26 million tons of cargo within the country, which is by 10.1% more than in January-February 2016, 6 million…
This year the spring weather processes influencing the plant development started almost a month ahead of the multi-year average. According to meteorologists, the meteorological and actual resumption of winter crops growth happened on March 1-5 against the multi-year average of April 1-4. Last year their growth started on April 1. In general, winter crops have…