Prime Minister Oleksiy Honcharuk will announce the start of a program for financing Ukrainian startups, according to the Government portal. The meeting on the launch of the program will be attended by Deputy Prime Minister, Minister of Digital Transformation Mykhailo Fedorov, Finance Minister Oksana Markarova, and Chairperson of the Supervisory Board of the Ukrainian Startup…Details
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Deputy Governor of the National Bank of Ukraine (NBU) Serhiy Kholod says the regulator plans to have increased the share of cashless transactions with payment cards from 50% to 55% by the end of 2020. “The share of non-cash transactions by payment credit cards has already reached about 50%, which fully complies with the NBU…Details
The undersea portion of the Balticconector pipeline has been filled with natural gas, as a result of which, for the first time in history, the two countries’ gas networks are linked and the two-way transport of gas between them made possible. The undersea pipeline, which was installed this summer, was emptied of air with the…Details
Azerbaijani low-cost airline Buta Airways will launch direct flights from Baku to Lviv from December 23, the company has written on its Facebook page. “We are opening direct flights to one of the most beautiful cities in Eastern Europe – Lviv. Use our flights starting from December 23,” Buta Airways wrote. The company added that…Details
Uzavtotrans Service intends to launch regular bus services with Moscow, St. Petersburg, Ufa, Samara and several other Russian cities in December. During the year, Uzavtotrans Service has bought 168 buses from Chinese company Zhengzhou Yutong Bus for international trips to Russia and Kazakhstan, which are in demand among labor migrants. Vehicles were purchased through a…Details
High-quality roads and motorways will connect all major cities and regional centers in Ukraine in three to five years, Ukrainian Prime Minister Oleksiy Honcharuk says. He noted the key point was personnel upgrades. He has called on the new head of Ukravtodor road construction agency, Oleksandr Kubrakov to hire new people for top posts at…Details
Real wages of Ukrainians grew by 9.6% in January-September, Minister for Development of Economy, Trade and Agriculture of Ukraine Tymofiy Mylovanov wrote on his Facebook page. “Real wages (considering inflation) grew by 9.6% in the first nine months of 2019,” Mylovanov wrote. The minister also noted that real wages increased by 18% compared to the…Details