russia’s ‘inspections’ cost $45 million to shippers
russia has detained 2,249 ships since Kerch Strait naval clash of November 2018, Andriy Klimenko, editor in chief of the BlackSeaNews portal. With each detention for...
Antitrust authority prepares to block purchase of Motor Sich by China
Ukraine’s antitrust authority is preparing a case to potentially block a deal that would give Beijing access to unique defense technology, and the U.S. diplomacy...
Ukrainian company launches vegetable milk plant near Odesa
Ukrainian beverage company Vitmark-Ukraine has launched its production of vegetable milk under the brand “Vega Milk” at a new plant in Ukraine’s Odesa region, according to the...
Ukraine received almost $12 billion in remittances in 2019
Ukraine received almost $12 billion in remittances in 2019, while $600M was transferred from Ukraine abroad, NBU reports. A fifth of money transfer transactions worth...
Loan portfolio improved across all bank groups, except banks with russian capital
In 2019, nonperforming loans (NPLs) in Ukrainian banks reduced for the first time in three years below 50% and as of 1 January 2020 made...
Boryspil ranked as fastest growing airport in Europe
Kyiv Boryspil was Europe’s fastest-growing major airport last year, ACI Europe, the European airport trade association, reports from Brussels. Growing by 21.1%, Boryspil was the fastest...
DP World acquires majority stake in TIS Container Terminal Ukraine
DP World, one of the world’s leading port operators, acquires a majority stake of 51% in TIS Container Terminal Ukraine, UkraineInvest reported. “DP World will introduce...
Noncash Payments Positively Affects Financial Habits of Ukrainians
The development of innovative services and noncash card settlements in Ukraine positively affects the financial habits of Ukrainians. If previously payment cardholders used to withdraw...
russian disinformation blurs lines between fact and fiction
Following the illegal occupation of the Crimean Peninsula by russia and the outbreak of the war in eastern Ukraine, moscow has shown one more time...