Big Data

  • Ukrzaliznytsia launches new Lviv-Berlin service

    17.12.2019

    Ukrzaliznytsia launches new Lviv-Berlin service
    Ukrainian railway operator launches a new Lviv-Berlin service in mid-December as the country continues to expand its rail connectivity with the rest of Europe. The new overnight 18-hour service, which is being unveiled in partnership with Polish Railways, will involve a single transfer in Poland. It is the latest in a series of new train routes introduced in recent years connecting Ukraine ...
  • Ukraine makes progress in taming inflation

    09.12.2019

    Ukraine makes progress in taming inflation
  • Ukraine’s seaports showed 20.2% year-on-year increase in cargo volumes

    23.11.2019

    Ukraine's seaports showed 20.2% year-on-year increase in cargo volumes
    The seaports of southern Ukraine handled 129.8 million tons of cargo during the first ten months of 2019, representing a 20.2% year-on-year increase according to the Ukrainian Sea Ports Authority. The biggest gains came in the agribusiness sector, with Ukrainian ports handling 37% more grain in the January-October period compared to the same period in 2018. Meanwhile, more volumes increased by around ...
  • NBU removed restrictions on the purchase of foreign currency

    11.11.2019

    NBU removed restrictions on the purchase of foreign currency
    The National Bank of Ukraine has removed restrictions on the purchase of foreign currency and precious metals up to a value of UAH 150,000 per day as efforts to liberalize the country’s currency regulations continue. Following the move, individuals are now able to buy foreign currencies and precious metals via the cash desks of banks without submitting any additional paperwork. The ...
  • NBU reduces the interest rate to 15,5%

    28.10.2019

    NBU reduces the interest rate to 15,5%
    The National Bank of Ukraine (NBU) announced a reduction in the interest rate from 16,5% to 15,5% on 25 October, as inflationary pressures on the Ukrainian economy continued to ease. This was the fourth time the NBU had reduced its main interest rate so far in 2019, and represented a steeper than expected cut of one percent. Officials from the ...
  • Ukraine’s Budget 2020 in figures

    20.10.2019

    Ukraine's Budget 2020 in figures
    The Cabinet of Ministers has drafted Ukraine’s 2020 national budget and passed it to the Parliament for a vote. The budget is expected to have an income of $43 billion and feature $46.5 billion in expenditure. Source: Ukraine World
  • AccorHotels is entering Ukrainian market

    10.10.2019

    AccorHotels is entering Ukrainian market
    France-based international hotel operator Accor Group has signed an agreement to enter the Ukrainian market with a Swissotel Living hotel in central Kyiv. The new hotel is set to open in the city’s Pechersk district in 2021-2022. It will be located inside an existing historic building that will undergo a complete renovation. Following conversion, the property will serve as an aparthotel aimed at ...
  • Morgan Stanley upgrades Ukrainian GDP forecasts

    09.10.2019

    Morgan Stanley upgrades Ukrainian GDP forecasts
    Morgan Stanley has upgraded its Ukrainian GDP growth forecasts for the coming two years as international optimism over the country’s economic outlook continues to strengthen. The US-based financial sector giant now expects Ukraine to record 3.2% GDP growth in 2020, with the figure rising to 3.6% in 2021. This is the latest in a series of international upgrades in recent weeks ...
  • Literacy and Education in Ukraine

    30.09.2019

    Literacy and Education in Ukraine
    Ukraine is one of the countries with the highest literacy rate reaching 100%. Its adult literacy rate has increased from 99.4% in 2001 to 99.8% in 2015. Because of the Soviet Union’s emphasis on total access to education for all citizens, which continues today, the country boasts a highly-educated workforce. Therefore, 70% of Ukrainians have a secondary or higher education. ...
  • Sales of new passenger cars grew 12.5% year-on-year

    29.09.2019

    Sales of new passenger cars grew 12.5% year-on-year
    Sales of new passenger cars grew 12.5% year-on-year in August to reach 8,300 vehicles, representing the best monthly result for the Ukrainian auto industry in over one-and-a-half years, according to figures from the country’s Ukrautoprom Association. This strong late summer performance helped overall figures for the first eight months of the year to edge up by 2%, with 54,600 new passenger ...