State CHPs for the management of the State Property Fund will be transferred to NJSC Naftogaz of Ukraine. The Prime Minister of Ukraine Denis Shmygal reported about it in Telegram.
According to the head of the Cabinet of Ministers, the uninterrupted operation of thermal power plants, which provide people with heat and hot water, is one of the main issues in the context of preparation for the heating season.
“I also appeal to local leaders, on the territory of which these CHPs are located: if you have confidence and resources, and you can better manage these enterprises – then you have the opportunity to apply to the Cabinet.
The Fund for Economic Stability (WSF), created by the German government, saved the largest German airline from bankruptcy after the collapse of air traffic in March 2020 with billions of infusions, but now there is a way out of the crisis, the concern said. Lufthansa intends to return to the state by the end of […]
The German concern Lufthansa plans to remove the state from its co-owners by increasing its capital by 2.14 billion euros and returning the state anti-crisis aid received during the COVID-19 pandemic. These measures will begin before the elections to the Bundestag on September 26, the airline said on Sunday evening, September 19. From September 22 […]
In 2021, Russia’s Gazprom supplied 20.3 billion cubic meters of gas to Turkey, which is the maximum figure in less than nine months. This was reported by the company’s press service following a meeting of its chairman Alexei Miller with Turkish Minister of Energy and Natural Resources Fatih Donmez on Monday, September 20. At the […]
According to the updated data of the State Statistics Service, Ukraine’s GDP growth in the second quarter of 2021 was 5.7% in annual terms, which is 0.3% higher than the previous estimate. In particular, for six months the nominal GDP was UAH 1 trillion 169.4 billion, and per capita – UAH 28.19 thousand. Compared to […]
Exports of goods accounts for a third of Ukraine’s GDP.But we sell primarily raw materials abroad. It is a marker of underdeveloped countries and a path that does not contribute to economic development. Our state’s strategic task is to increase the exports of high-tech goods with high added value: that is, not just to grow […]
Next year, Ukraine may face a number of macroeconomic risks that will greatly affect economic growth. The Ministry of Finance listed these risks. In particular, Ukraine may lose 0.6-0.8 percentage points of GDP growth due to too low grain yields, due to which the budget will not receive UAH 8.5 billion. At the same time, […]
The low-cost airline Ryanair plans to expand in Ukraine if the open skies agreement with the EU is approved in the coming months. CEO Michael O’Leary stated this. O’Leary predicts the signing of an agreement between Ukraine and the EU by the end of 2021. “One of the markets I would single out is Ukraine. […]
Ukraine plans to privatize 737 state-owned enterprises during 2021-2023. The Ministry of Economy published the list of objects for sale. Although some companies will be able to sell only after the amendments to the legislation. In particular, such large enterprises as Centerenergo, the United Mining and Chemical Company, Turboatom, the Zaporizhia Titanium and Magnesium Plant, […]
Amazon, an online retailer, has received permission from the US Federal Aviation Administration (FAA) to use drones to deliver parcels to customers. The permit was issued for the Prime Air service. Bloomberg writes that now Amazon will be able to start delivering their orders to customers on a commercial basis. The company and its competitors […]
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1000 business and political leaders from around the world and 30 speakers will gather over three days. Hosted in-person in Kyiv from 20-22 October 2021, they will discuss and create commercial and partnership opportunities to deliver a secure energy future. The event showcases Ukraine’s natural gas opportunities and attractive investment climate as well as the […]
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One of the largest airlines in Singapore – Singapore Airlines recently named the price for the shares in the acquisition of the budget carrier Tiger Airways, which is about $ 0.10 per share. Today the Singapore Airlines company already owns a 77% stake in the Tiger Airways, a final deal on the acquisition initially planned […]
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In Ukraine Boyden Global,one of the leaders in the market of personnel recruitment and provision of consulting services will begin work in the nearest future.Executive Search multi-national company. According to Aleksei Dolgikh,the head of the Ukrainian Boyden office: “the working group of specialists is already created and ready to work”. The former director of Pedersen&Partners […]
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Deutsche Bank was able to resolve the conflict with the US regulator, agreeing with the charges of tax evasion and taking on the obligation to pay a fine in the amount of $ 95 million. It is reported by financial portal MinFin with reference to the foreign sources. In a statement, the bank’s press secretary […]
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Kyiv, Ukraine – February 10, 2021 – Visa announced the 2021 edition of the Everywhere Initiative – a global innovation program and competition for fintechs. This year, the focus is on expansion and accessibility, with Visa offering a one-stop experience to register and learn about upcoming opportunities and competitions – via the global website. Fintechs […]
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Tesla published statistics on cars produced and delivered in the first quarter of 2021. According to the company, it produced 180,338 cars in three months, delivered 184,800 cars to buyers. For comparison: for the same period in 2020, Tesla produced 102,672 cars, delivered – 88,400. During the year, production and deliveries increased by almost 76% […]
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In the US, customers in Starbucks stores will be told the code of the drink, with which they can get information about where the grain of their choice was delivered, in what conditions it was grown and fried. Farmers who cooperate with the network, also can track their products. “We’ve been able to keep track […]
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In Ukraine this year can begin flow the investment from Korea and China. It became known from the message of the investment portal InVenture. This development scenario is possible with the signing of an agreement on free trade zone with China. About potential investment operations notified Oleh Ustenko – Executive Director of the company, which […]
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Analytical Internet edition Ars Technica has published an updated list of representatives of IT-business, who will be under the threat of extinction in the new 2017 year. At this time, the list is made up of 7 contenders. Among them are: the social network Twitter, the search engine Yahoo, Messenger Yik Yak, medical startup Theranos, […]
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International financial company Fairfax Financial Holdings Limited (Toronto headquarters, Canada) purchased 9.99% of shares of agricultural Ukrainian holding Astarta, which is the flagship of the domestic sugar market, which also is one of the largest provider of milk in the country. In addition,a new owner of shares acquired the right to purchase the remaining interest […]
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Recently, foreign automobile corporations are increasingly exposed to multi-million dollar fines from regulators. The reason is negligence of manufacturers who violate the road safety legislation at the stage of cars’ production. Scandals accompanied by multi-million dollar fines recently occurred in companies BMW, Volkswagen, and Fiat Chrysler, which subjected the charges from the regulatory authorities for […]
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According to Interfax-Ukraine, the State Food and Grain Corporation of Ukraine (SFGCU) will initiate a rate decrease. The Eximbank of China issued the credit to the corporation under Ukraine state guarantees in the amount of 1,5 milliard dollars in 2012. Oleksandr Hryhorovych, the acting CEO of SFGCU said: “We work on the very important issue. […]
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Chinese companies continue to actively increase their presence in the business world. Recently it became known that the company Dalian Wanda Group, which specializes in the construction of residential and commercial property, acquires the major USA cinema-company Legendary Entertainment for $ 4 billion. After the implementation of the agreement, most of the shares will pass […]
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“Danone Ukraine” Company has launched a new production facility for the manufacture of milk food for babies of TM “Tema” at the state milk plant in Kremenchug. This was said to AgroPortal.ua by the press-service of the company. Investments amounted to 200 million UAH and the production capacity estimates at 700 tons per month, or […]
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Production and supplies of the American manufacturer of the electric vehicles Tesla grew in the third quarter of 2020 by almost 1.5 times a year, the company said in the release. Therefore, Tesla’s deliveries in the third quarter amounted to 139.3 thousand against 97 thousand in 2019, and the production – 145.036 thousand compared with […]
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