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…
A regular dialogue between Ukraine and Moldova at the governmental level has contributed to a significant increase in trade between the countries, which amounted to $885 million in 2017, and is expected to grow to $1 billion in 2018, Deputy Prime Minister of Ukraine Volodymyr Kistion said at a meeting with Minister of Economy and…
The Chornomorsk maritime merchandise port increased cargo handling in January-May by 32.51% YoY, to 8.735 million tons. According to data from the Ukrainian Sea Port Authority, over the period the port boosted transshipment of export cargo by 15.65%, to 6.42 million tons, while handling of imported cargo grew 2.45-fold, to 1.867 million tons. Transit cargo…
Norwegian company Scatec Solar plans to enter the Ukrainian market and build two solar power plants in Cherkasy region. “Norwegian company Scatec Solar, which has installed 322 MW of solar power plants in the Czech Republic, South Africa and other countries and has more than 1,092 MW in the pipeline, intends to enter the Ukrainian…
The Armed Forces of Ukraine may receive a new Novator armored car – it is considered as one of the possible options for this type of equipment to be put into service. “I’ve heard the report of those responsible regarding the testing process on the possibility of this vehicle’s further supply to the Ukrainian troops.…
Ukrainian Infrastructure Minister Volodymyr Omelyan says the first Hyperloop line may be launched in Ukraine within the next five years. “For the first time, Hyperloop will be tested at a pilot site in Toulouse. The first commercial launch is possible in Toulouse. We want to see at least one Hyperloop line in Ukraine in the…
The Infrastructure Ministry of Ukraine has signed a memorandum with Hyperloop Transportation Technologies, the largest company developing the Hyperloop high-speed transport systems, Infrastructure Minister Volodymyr Omelian said following the public discussion “Hyperloop in Ukraine” within the HypeUa project, with the participation of Hyperloop Transportation Technologies CEO Dirk Ahlborn. “We have signed a memorandum with the…