The Antonov State Enterprise and Aviall Services Inc., a subsidiary of the Boeing Company, have signed an agreement on cooperation in aircraft production, according to a report posted on Antonov’s page on Facebook. “On July 17 at Farnborough International Airshow 2018, Oleksandr Donets, President of Antonov Company, and Eric Strafel, CEO of Aviall Services, Inc.,…
Riga-Vilnius-Minsk-Kyiv train will be launched from the Ukrainian capital on September 28, Infrastructure Minister of Ukraine Volodymyr Omelyan said at a briefing upon the plenary session of the Intergovernmental Ukrainian-Lithuanian Commission on Trade-Economic and Scientific-Technical Cooperation, which was held in Lviv on July 17, the press service of the Infrastructure Ministry reports. “Last year’s agenda,…
The deficit of Ukraine’s foreign trade in goods in January-May amounted to $2,054.9 million, up by 44.4% YoY. This data was provided by the State Statistics Service of Ukraine. In January-May Ukraine’s total imports of goods made up $21,515.0 million, or 115.3% compared to January-May 2017. Ukraine’s total exports of goods over the reporting period…
The state-run railways operator JSC Ukrzaliznytsia may raise fares for passengers by 25% (+/-3%) in 2018-2019 and by 30% (+/-3%) in 2020-2021 annually. Such a forecast is given in the outlook for the social and economic development of Ukraine in 2019-2021. Freight transportation rates may also soar by 25% (+/-3%) in 2018-2019 annually. According to…
The Pension Fund of Ukraine continues to finance pension payments for July, the government’s portal reports with a reference to the Pension Fund. “As of July 13, UAH 16.8 billion was allocated for the payment of pensions, which is 56.2% of the monthly requirement,” reads the report. The Pension Fund added that financing and payment…
GE Transportation, a division of U.S. company General Electric, will provide Ukraine with first diesel locomotives this autumn, Prime Minister Volodymyr Groysman stated during the Government Question Hour meeting held in Parliament. “This year we will build more wagons than ever. And we will get a new rolling stock this autumn, which we built with…
In 2018 Ukraine will receive about $2 billion from the IMF, as well as loans from the EU and the World Bank, which will provide an opportunity to increase international reserves up to $20.7 billion by the end of this year. However, in 2019-2020, due to peak payments on external public debt, the balance of…