Excerpts from the most important news on Ukraine
Over 2,700 persons convicted of corruption over past two years in Ukraine
06.02.2019
Over the past two years, the law enforcement officers arrested 5,471 persons for corruption, Ukrinform reports.“The Prosecutor General’s Office of Ukraine in cooperation with the Security Service of Ukraine, the National Police, the State Investigation Bureau and the State Fiscal Service detained 5,471 individuals on corruption charges over the past two years. 2,765 people are already convicted, the sentences have taken effect,” Prosecutor General of Ukraine Yuri Lutsenko said at a meeting of the committee on legislative support for ...Ukraine launches corruption registry
06.02.2019
Ukraine’s National Agency on Corruption Prevention (NACP) has created and launched a register of persons who committed corruption or corruption-related offenses, Ukrinform reports.“The single state register of persons who committed corruption or corruption-related offenses has begun to function,” the report reads.The register contains information about individuals who have been brought to criminal, administrative, disciplinary or civil liability for committing corruption or corruption-related offenses, as well as legal entities to which criminal law measures have been applied in connection with the ...Private company wants to build spaceport in Ukraine
06.02.2019
The Space Logistics Ukraine company intends to build a spaceport on the territory of Ukraine and is ready to invest in research and development in this area. The negotiations with experts are underway, Ukrinform reports.Founder of Space Logistics Ukraine, Dmytro Leheza said at the Sergey Korolev Space Museum in Zhytomyr within the framework of the all-Ukrainian space tour.The Space Logistics Ukraine company, which began operating last year, aims to amend the Ukrainian legislation so that the private companies could work in the domestic ...Ukrenergo implements investment projects worth over EUR 1.5 billion
06.02.2019
Ukraine’s National Power Company Ukrenergo is implementing more than a hundred investment projects worth over EUR 1.5 billion, Ukrinform reports.According to the report, all of these projects are aimed at modernizing the Ukrainian power system, preparing it for integration with the European power grid, and transforming Ukrenergo into a transmission system operator of the European model.Mingarelli: Ukraine has huge potential
04.02.2019
Trade in goods between the EU and Ukraine is growing fast. In 2017 it rose by nearly a quarter to 37 billion euros. Business Planet speaks to Hugues Mingarelli, the EU’s Ambassador to the country, about the deepening ties between Europe and Ukraine, euronews reports.“Ukraine has huge potential for investors because this country has an exceptionally skilled labour force. They have an exceptional industrial tradition. This is a country which produces aircraft engines, satellites, rockets. This is a country ...Ukraine’s spy chief: Sanctions hurting putin
04.02.2019
EU and US economic sanctions on russia had a much bigger impact than previously thought, Ukraine’s spy chief has said, euobserver reports.“One of the estimates which we managed to learn, russian internal estimates, is that Western sanctions … forced the russian budget to lose $173bn already, which is quite a lot,” Yehor Bozhok, the head of Ukraine’s foreign intelligence service, the SZRU, told EUobserver in an interview in Kiev in January.“This is their internal assessment, which they prefer ...Congress is looking into Deutsche Bank’s loan to russian VTB
04.02.2019
Deutsche Bank AG, seeking to slash its exposure to russia in late 2016, scrambled to shed a $600 million loan it had outstanding to VTB Group, a large russian state-owned bank, according to documents and people familiar with the funding, The Wall Street Journal reports.The German lender sold $300 million of the loan to another russian financial institution, Alfa Bank, in December 2016; Deutsche wasn’t able to sell the rest of the loan, and VTB paid it back in August ...European Commission to allocate almost EUR 900 mln for Ukraine’s railways
01.02.2019
The European Commission and the World Bank have co-authored an Indicative trans-European Transport Network (TEN-T) Investment Action Plan, which implies the allocation of EUR 851 million to Ukraine for upgrading the country’s railway infrastructure, UNIAN reports.The plan identifies priority projects to boost connectivity and economic growth in the Eastern Partnership countries of Armenia, Azerbaijan, Belarus, Georgia, Moldova, and Ukraine, Railwaygazette reported on January 30.Ukraine’s funds will be injected into upgrading, electrification and capacity projects, including routes to the western ...In 2018 labor migrants transferred nearly $11 bln to Ukraine
01.02.2019
The volume of remittances from labor migrants to Ukraine in 2018 was about $11 billion, acting NBU Governor Kateryna Rozhkova told a briefing in Kyiv, UNIAN reports.“The volume of remittances from labor migrants last year was about $11 billion,” Rozhkova said. According to the official, the National Bank expects a slowdown in labor migration; however, it predicts some growth in remittances from labor migrants due to a nominal increase in their income.As earlier reported, labor migrants in January-July ...Eleven assassination attempts on Ukrainian president prevented last year
31.01.2019
Eleven assassination attempts on the President of Ukraine were prevented last year, Ukrinform reports.“In 2018, about eleven assassination attempts on the President of Ukraine were prevented,” Chief of the State Guard Department Valeriy Heletey said in an interview with the UA: Ukrainian Radio.He noted that the State Guard Department staff works closely with the Security Service of Ukraine, the police and the intelligence in the process of preparing for any events involving a large number of people, especially with participation ...Ukraine ranks fourth in the world for NFC payments
30.01.2019
Ukraine has the fourth highest share of contactless payments in the world, Ukrinform reports.“Ukraine has the fourth highest share of contactless payments in the world for the fourth quarter of 2018,” CEO of Mastercard Europe SA Inga Andreieva announced.Andreeva also stressed that such statistics testified to the demand for the latest payment technologies and the ability of Ukrainians to learn quickly.More than Five Thousand russian Officers Took Part in Warfare against Ukraine
30.01.2019
The Ukraine’s Military Intelligence has identified the names of russian officers involved in war against Ukraine in Donbass, Ministry of defense reports. The names of the war criminals transferred to law enforcement agencies.According to a representative of the Defence Intelligence of Ukraine Vadym Skibitsky, russian officers who are stationed in the temporarily occupied territories of Ukraine have fake documents. These documents are issued in russia.The Main Directorate of Intelligence of the Ministry of Defence of Ukraine states that in 2018, ...
