Category: 9. Business

The shipment volume of drinks and waters from IDS Ukraine brands (producer of mineral waters Morshynska and Myrhorodska) increased to 5.4 million bottles per day to a new record for the company. Previously, the typical shipment volume during the summer peak was 2.5 million bottles per day. The… Continue Reading

Serhiy Vovk, director of the Center for Transport Strategies, stated: “The 70% tariff increase in July 2022 was a forced measure that helped stabilize the financial condition of Ukrainian Railways (UZ) against the background of a critical drop in freight flows under the influence of the war…. Continue Reading

State-owned PrivatBank will auction the Priozerny Shopping Center – one of the largest in Dnipro, the bank said in a statement. The starting price of the lot is more than ₴430M ($10.5M), including VAT. The sale takes place within the framework of the bank’s program for selling… Continue Reading

The USAID AGRO program offers co-financing for 15 projects aimed at developing the processing of agricultural products in Ukraine. It is expected that the financed projects will improve the processing of agricultural products, contribute to import substitution, satisfy domestic demand, and… Continue Reading

The head of the specialized committee of the parliament, Olena Shulyak, noted that one focus of the social housing fund can be long-term unfinished buildings – houses that have not been completed for many reasons. She noted that new housing legislation is currently being developed in Ukraine,… Continue Reading

On July 27, Russian military airfields in the city of Engels, Saratov region; the Diaghilev military airfield in the Ryazan region; and the Olenya military airfield in the Murmansk region were attacked by drones launched by the Defense Intelligence of Ukraine (GUR). In addition, an oil refinery… Continue Reading

According to the Chairman of the Board of Ukrenergo, Volodymyr Kudrytskyi, “We have every reason to expect that the most difficult period of the summer in the energy industry is behind us.” He added that the improvement occurred because the heat subsided, and some energy facilities have… Continue Reading

The US Treasury has warned that Indian banks will be subject to sanctions and will lose access to the US financial system if they cooperate with the Russian defense and industrial complex. “We know that the Russian military relies on the import of sensitive goods, such as machine tools and… Continue Reading

The American Chamber of Commerce in Ukraine (AmCham) called on Ukrainian authorities to strengthen their fight against Ukraine’s shadow economy before increasing the tax burden on honest taxpayers. AmCham’s biggest concern in the proposed tax changes is the 1% tax to be applied to corporate… Continue Reading

Ukrainian Railways (UZ) noted that significant progress has been made in cooperation between the railways of Ukraine and Poland over the past few years. New passenger routes have been launched, the cargo transportation situation has been regulated, and border crossing operations have been… Continue Reading