Category: 9. Business

In June, for the first time in a long time, there was a reduction in the volume and share of hryvnia time deposits in the banking system despite maintaining positive rates in real terms. The Committee on Monetary Policy noted similar trends in the OVDP market: Interest in government bonds on… Continue Reading

During the first five months of the year, the main volume of commodity exports was occupied by products of plant origin – 34.5%. Inexpensive metals (ferrous and non-ferrous) lost significant volume during the war; now, they are the third largest category, with a share of 10.6%. However, fats… Continue Reading

The EU Council concluded that Ukraine had fulfilled the necessary conditions and implemented the required reforms that were established in the plan as prerequisites in order to receive the first regular payment. The reform plan envisaged by the Ukraine Facility program contains nine indicators… Continue Reading

At the beginning of this summer, Ukraine lost the opportunity to destroy dozens of Russian Su-34 fighter-bombers because of the ban on strikes using Western long-range weapons inside Russia. The Russian military was then able to openly station dozens of Su-34s at the Malshevo Air Base near… Continue Reading

The National Review draws attention to another consequence of the Russian war against Ukraine – its control over a portion of Ukrainian natural resources. Considerable mineral resources are concentrated in the regions Russia has already occupied or is trying to capture. The estimated value of… Continue Reading

As of August 1, Ukraine’s international reserves amounted to $37.2B. In July, they decreased by 1.8%, the National Bank reported. Last month, the dynamics of international reserves were determined by: NBU operations on the foreign exchange market. The National Data Bank sold $3.307B and… Continue Reading

The National Bank reported that the ratio of mortgage loans to GDP in Ukraine is 1%, the lowest indicator in Europe. Obstacles to mortgage growth are the uncertain prospects in the real estate market and the high risk in mortgage lending, which are reflected in high rates. However, preferential… Continue Reading

The privatization auction for the Zaporizhzhia Industrial Aluminum Plant on August 6 did not take place because there were no parties interested in participating in it, according to the Prozorro.Sales auction platform. The starting price of the plant was set at ₴151.86M($3.8M). According to… Continue Reading

According to Deputy Minister of Economy Taras Kachka, a certain shift in emphasis occurred even before the war. After the invasion by the Russian Federation, many businesses completely updated their approach due to difficulties with logistics, realizing that added value could earn them more by… Continue Reading

The Cabinet of Ministers amended a resolution, opening the possibility for representative offices of foreign companies and organizations in Ukraine to engage in the construction of large facilities. This concerns the construction of objects with medium (СС2) and significant (СС3) classes of… Continue Reading