Economy
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The state-owned oil and gas company Naftohaz Ukrayiny will post over 20bn hryvnyas (0.8bn dollars) in profit for January-June 2016, Ukrainian Prime Minister Volodymyr Groysman has…
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Russia reveals signs of serious economic recession. Interview with former Russian economics ministerRussia's economic model, focused on raw stock and government domination, has hit a dead end, with the state going through a serious economic recession. As a result, life standards are visibly deteriorating, which "creates certain political… -
Finance Minister Oleksandr Danyluk believes the level of the shadow economy in the country is at around 30%.
"There are different estimates. Some official estimates say it is in the…
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The Russian mining and metals company Mechel has said it has been informed by the self-proclaimed Donetsk People’s Republic (DPR) that it has introduced temporary administration with…
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The first in three years industry growth in Ukraine has proved to be short-lived. After four months of growing, the index took a 3.4% dive in June.
"In June 2016 over May 2016, the…
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The State Property Fund of Ukraine (SPFU) has announced that a tender to sell 99.6 per cent of shares of Odesa Portside Chemical Plant failed due to the lack of interest, according…
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Ukraine's forex reserves grew by 3.3 per cent or 452m dollars in June, to 13.988bn dollars, the National Bank of Ukraine (NBU) has reported on its website.
The central bank said that…
- The British-Dutch Unilever company has opened a factory in Hostomel, Kyiv Region to produce the Lipton, Brooke Bond and Besida teabags out of tea leaves brought from Kenya, Sri Lanka…
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The forecast of economic and social development of Ukraine for 2017 envisages the growth of GDP at 3%, subject to successful economic reforms, Vice-Premier and Economy Minister Stepan…
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Ukraine will receive the third tranche of 1.7bn dollars from the IMF under the Extended Fund Facility programme in 2016 (possibly in two instalments), however the probability of further…
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Great Britain is the first out of 28 member states to leave the EU. LB.ua has collected expert opinions on the possible consequences of the Brexit for the global and Ukrainian economy, and Kiev's
European integration.
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As of 24 June, the National Bank of Ukraine is lowering the refinancing rate from 18 per cent to 16.5 per cent, according to its official website.
"The further softening of monetary…
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Industrial production in Ukraine has been on increase for four straight months now, according to the State Statistics Service findings published on 22 June. However the growth almost…
- Ukraine and Canada have signed an intergovernmental memorandum on export support, trade and investment, Ukraine's Ministry of Economic Development and Trade reports on Twitter, according…
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On 14 June, the Diplomatic Academy of Ukraine hosted the 2016 Korea-Ukraine Economic Cooperation Forum.
Among the participants of the event were the ambassador of the Republic of…