Several big tobacco companies fined USD 265m in Ukraine
The Antimonopoly Committee issues $265 million fine for several big tobacco companies and distribution company TEDIS. Committee Chairman Yuriy Terentyev said the...
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...
Big tobacco companies threaten to pull out of Ukraine
Big tobacco companies including Phillip Morris and British American Tobacco claim a new law targeting profit margins could cause a...
PrivatBank posts a record profit of $1.11 bln
PrivatBank posts a record profit of $1.11 billion in the first nine months of 2019, according to Board Chairman Petr Krumhanzl....
EBRD will loan Ukrzaliznytsia $100 mln to modernize infrastructure
The EBRD plans to loan Ukrzaliznytsia $100 million to modernize Ukraine’s portion of the Trans-European Transport Network [TEN-T], Yevhen Kravtsov, the...
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...
Government burns reserves to pay down debt
Ukraine’s international reserves fell from $22 billion in September to $21.44 billion this month, or a 2.6 percent decrease, due...
Ukraine reaffirms its future role as a transit country for Chinese goods
Ukraine’s future role as a transit country for Chinese goods to Central Europe was reaffirmed Wednesday by the arrival from China...
Ukraine plans to legalize gambling in high-end hotels
The Cabinet of Ministers has approved a bill to legalize gambling in hotels in Ukraine. The version that goes to...