Excerpts from the most important news on Ukraine
Hundreds of people protested against the “capitulation position” of Zelensky administration
12.06.2019
On June 10, around 19 o’clock, the action “No to Capitulation!” has started in Kyiv near the Presidential Administration, TV-channel “Pryamyi” reports. Similar actions took place throughout Ukraine – in Odesa, Kharkiv, Lviv, Ternopil, and other cities.After the victory in the presidential election, Volodymyr Zelensky and people from his team began making frequent statements about the possible concessions to moscow in the new peace talks with the aggressor. It was unclear, though, how it is possible without the surrender ...Ukrainian agricultural exports increase by 18.6%
10.06.2019
Ukraine boosted agricultural export volumes by 18.6% year-on-year during the January-April 2019 period to reach a new total of USD 7.1 billion, writes UkraineInvest Chairman Daniel Bilak.Corn was the leading commodity, accounting for USD 2.37 billion of overall exports. In a reflection of the Ukrainian agricultural sector’s broadening global horizons, Asian was the top destination market with a 41.6% share of total exports worth USD 2.96 billion. Next came the European Union (33%, USD 2.38 billion), followed by Africa (15.7%, USD ...Naftogaz to Gazprom: We don’t need your illusory discounts
10.06.2019
Six weeks before the parliamentary election, two leaders of Ukraine’s pro-russian coalition flew to St. Petersburg Friday and won an offer from Gazprom CEO Alexei Miller to sell gas at a 25% discount, reports ubn.news.Miller also asked for two-way, russia-Ukraine talks to renew Gazprom’s gas transit contract, cutting out the EU. Yuriy Boyko and Viktor Medvedchuk said Gazprom’s calculations show that Ukraine’s “government deliberately buys gas at exorbitant prices.”In response, Naftogaz officials said that, with European gas prices dropping, Ukraine ...Investments in Ukrainian energy efficiency projects exceed €2.5 bln
06.06.2019
More than EUR 2.5 billion has been invested in Ukraine’s energy efficiency projects since 2014. The chairman of the State Agency on Energy Efficiency and Energy Saving of Ukraine, Serhiy Savchuk, said this on Thursday, Ukrinform reports.“In 2014-15, we took the first steps in energy efficiency. This concerned both legislation and by-laws, work with businesses and investors in order to respond to the challenges that we faced after the Revolution , and we did it – more than ...Atlantic Council: Laundering at PrivatBank Cyprus reached $470 billion
05.06.2019
Atlantic Council think tank has published the details of the suit filed by PrivatBank in the state court of Delaware on May 21, Ukrinform reports.“On May 21, the nationalized Ukrainian PrivatBank filed a remarkable civil case against its prior owners Ihor Kolomoisky and Gennady Bogolyubov in the state court of Delaware. The three co-defendants are US citizens in Miami and nineteen anonymous companies,” reads the article by Atlantic Council senior fellow Anders Aslund.The defendants are accused “for hundreds of millions of dollars of ...The Ukrainian-Estonian Chamber of Commerce has opened in Tallinn
04.06.2019
A new Ukrainian-Estonian Chamber of Commerce (UECC) began work in the Estonian capital Tallinn at the end of May as part of efforts to strengthen growing trade ties between the two countries, writes UkraineInvest Chairman Daniel Bilak.The UECC board will include the head of the Tallinn office of the Ilyashev and Partners law firm Vitaliy Galitskih, and Elme Messer CFO in Estonia Aleksandr Timarov. Bilateral trade between the two countries grew by around 30% in 2017, with the IT sector ...Passenger traffic in Lviv Airport grew by 51%
04.06.2019
Lviv Airport handled 51% more passengers during the first five months of this year, than during the same January-May last year, writes ubn.news.With 90% of passengers flying on international routes, the airport served 722,300 passengers. For comparison the airport handled 708,000 for all of 2013. Lviv now has direct flights to 32 foreign cities, largely in the EU. On June 14, Earnest launches a Lviv-Venice flight. On July 21, Jonica launches a Lviv-Athens flight.As reported earlier, Ukraine’s leading international airport ...russia continues to steal Crimean artifacts
04.06.2019
To preserve cultural heritage sites in the occupied Crimea, the monitoring of a UNESCO special mission and prompt response to all violations committed by russia are needed.“It is critically important for Ukraine to ensure monitoring of the situation around cultural heritage in the territory of Crimea with the help of a special UNESCO mission and other mechanisms of prompt response to the violations related to cultural heritage sites, in particular, excavations, reconstructions, taking cultural heritage sites away from Crimea,” Deputy ...For five years of war, russian invaders killed over 240 Ukrainian children
01.06.2019
For five years of war in Donbas, russian invaders killed over 240 Ukrainian children, and another 56 went missing. The press service of the Naval Forces of the Armed Forces of Ukraine reported this on Facebook on June 1, writes Ukrinform.“russian invaders killed more than 240 Ukrainian children in Donbas for five years. Another 56 children were missing,” the report says. russian-led forces destroyed more than 700 schools using banned artillery systems and tanks.The report clarifies that about 15,000 ...Ukraine’s largest software developer reported a 32% increase in revenues
30.05.2019
Ukraine’s largest software developer GlobalLogic has reported a 32% increase in the company’s annual Ukraine revenues in 2018, placing it above the already impressive 20-25% growth curve of the country’s booming IT industry, writes Business Ukraine magazine Ukraine is a major focus for GlobalLogic’s international operations. The company currently maintains four Ukrainian offices located in Kyiv, Kharkiv, Lviv and Mykolaiv. GlobalLogic is now in the process of consolidating its 13 local development centers throughout Central and Eastern Europe into a single group led ...Ukrainian banks report 69.2% increase in profits
30.05.2019
Ukraine’s banking sector remains on a strong growth trajectory as the far-reaching reforms of the past five years continue to bear fruit, writes Business Ukraine.According to figures released in late May by the National Bank of Ukraine (NBU), Ukrainian banks posted a 69.2% year-on-year increase in profits during the January-April 2019 period to reach a new total of UAH 18.1 billion.This new figure puts the country’s banking sector firmly on track to surpass last year’s historic high of UAH 21.7 ...Ukraine and Georgia call for limitation of veto power in UN Security Council
30.05.2019
Ukraine and Georgia sent a joint letter to co-chairs of the intergovernmental talks on reforming the UN Security Council at the current session of the General Assembly, calling for limiting the use of veto power if one of the permanent members is a party to the conflict, writes Ukrinform.“As some member states have repeatedly stated during the intergovernmental negotiations , the veto power should be limited when a permanent member is a party to the ...
