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Tag Archives: economy

Ukraine: Groysman calls on French businessmen to invest

UkraineBy admin2016-10-31Leave a comment

Prime Minister of Ukraine Volodymyr Groysman during a meeting with French business representatives has urged the businessmen to invest in Ukraine. “Invest in Ukraine, earn profit, reinvest it and be successful, while we will do our best to promote this”, Groysman said at the opening of the French-Ukrainian business forum in Paris. The premier said…

Ukraine: budget deficit at 20.4 billion UAH in September 2016

UkraineBy admin2016-10-31Leave a comment

The deficit of Ukraine’s national budget in September amounted to 20.465 billion UAH, while in August its surplus reached 7.008 billion UAH, according to the website of the State Treasury Service of Ukraine. According to the report, in general the budget deficit in January-September amounted to 63.401 billion UAH, whereas in the same period of…

Ukraine: Poroshenko signs bill to ban farmland sale

UkraineBy admin2016-10-31Leave a comment

Ukrainian President Petro Poroshenko has signed a bill on prolongation of a moratorium to sell farmland in Ukraine until 2018 passed by Ukraine’s Verkhovna Rada on October 6. The press service of the head of state reported that the law amending Section X of the transition clauses of the Land Code of Ukraine regarding a…

Ukraine: Competition Agency fines seven oil traders for collusion

UkraineBy admin2016-10-31Leave a comment

Ukraine’s Antimonopoly Committee has fined seven oil traders 204.325 million UAH for collusion in setting fuel prices. According to the committee, OKKO Naftoproduct was fined for 77.881 million UAH, WOG Retail LLC – 54.036 million UAH, Alliance Holding LLC – 39.711 million UAH, Zoloty Ekvator (Golden Equator) LLC – 16.195 million UAH, AMIC Ukraine (before…

Ukraine: Kyiv city’s budget gets extra 4 billion UAH

UkraineBy admin2016-10-31Leave a comment

Lawmakers of Kyiv City Council have revised the budget and the city’s social and economic development program for 2016. The press service of Kyiv City Administration reported that in January-September the budget received 27.8 billion UAH, and this was 118% of the target. Kyiv received additional 4.3 billion UAH. “Kyiv City Council sent 280 million…

Ukraine: Roshen receives $72.1 million of dividends for 2014-2016 from operation of Lipetsk assets

UkraineBy admin2016-10-31Leave a comment

Roshen Corporation received $72.06 million of dividends from operation of its Lipetsk assets for 2014-2016 and the money was moved to Ukraine. The funds were invested in charity projects and production development. In 2014-2016 Roshen sent 165.85 million UAH to build the Theatre on Podol (Kyiv). The theatre will be opened in 2017. Some 54…

Ukraine counts on EP’s decision on visa-free travel by November 21, 2016

UkraineBy admin2016-10-31Leave a comment

Chairman of the Verkhovna Rada of Ukraine Andriy Parubiy and chairman of the European Parliament Committee on Foreign Affairs Elmar Brok called on the European Parliament to vote for the introduction of the visa-free regime with Ukraine by the Euromaidan anniversary dated November 21, 2016. Parubiy met with Brok at the Jean Monnet Conference, the…

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