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Business World Magazine (Ukraine)
Business World Magazine (Ukraine) is the informational portal.
BWM (Ukraine) informs on doing business in various countries, with special attention paid to Ukraine, Russia, Belarus, Azerbaijan and other ex-USSR countries, their business relations, investments and innovations.
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In December 2020, consumer prices in Ukraine increased by 0.9% MoM, according to the Ukrainian State Statistics Service. Consumer prices in December 2020 grew by 0.9% MoM and by 5% YoY. In general, consumer prices in 2020 increased by 2.7%. Core inflation in December 2020 was 0.3% compared to November 2020 and 4.2% for the…
DetailsUkraine’s supermarkets are allowed to sell goods required for daily living activities of citizens, with certain exceptions in the trade amid the strict quarantine across the country introduced from January 8 to January 24. During the lockdown, the authorities allowed the operation of only those facilities that provided livelihoods for citizens. Therefore, supermarkets are allowed…
DetailsLTG Cargo, a part of Lithuania’s state-owned railway company Lietuvos Gelezinkeliai (LTG), has established a subsidiary in Ukraine, according to the company’s press release. LTG Cargo Ukraine will first offer rolling stock rental, forwarding and other freight transportation services as part of its expansion strategy. “Our new line of business is a planned strategic step…
DetailsAccording to data from Statistics Estonia (Statistikaamet), in November 2020, the exports of goods increased by 9% and imports by 7% YoY. Trade with non-EU countries saw the largest increase. In November 2020, Estonia’s exports of goods amounted to EUR 1.3 billion and imports to EUR 1.4 billion at current prices. The trade deficit was…
DetailsIn 2020, the port of Ventspils handled 12.9 million tons of cargo, down by 37% YoY, the Port Authority statistics said. In December 2020, the port handled 1.07 million tons of cargo, including 697,000 tons of liquid bulk cargo, 183,000 tons of dry bulk cargo and 188,000 tons of general cargo. In the reporting period,…
DetailsThe Irish low-cost airline Ryanair will suspend flights on 70% of its routes from Kyiv until the end of March. Until the spring of 2021, the airline will continue to operate only three out of 30 flights from the Boryspil International Airport – to Vienna, Berlin and Valencia. At the same time, Ryanair plans to…
DetailsUkraine will receive from the United States two new MK VI patrol boats. That’s according to Army Inform, Defense Ministry’s information agency, referring to a Pentagon report. The construction will cost nearly $20 million. The first batch of boats is expected to be built until December 2022. “The vessels for our country will be manufactured…
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