(KYIV, UKRAINE) – Ukraine’s taxi and ride hailing market is growing rapidly but more than 90% of drivers continue to operate outside the formal economy, according to a new study examining the economic impact of proposed reforms in the sector. The Ukrainian ride hailing market generated about US$1 billion, equivalentContinue Reading
(KYIV, UKRAINE) – Ukraine expects to open the Japanese market to its poultry products in the near future as both countries continue to strengthen agricultural trade and investment links. The planned market opening would give Ukrainian producers access to one of Asia’s most valuable food import markets while supporting theContinue Reading
(KYIV, UKRAINE) – Ukraine will increase its electricity transmission tariff by about 25% from 1 August 2026 after the national energy regulator approved higher charges for the country’s electricity transmission network. The move is expected to provide additional funding for the national grid operator and support renewable electricity producers underContinue Reading
(KYIV, UKRAINE) – Ukrainian iron ore producer Ferrexpo has suspended exports of iron ore pellets by sea after Russian attacks on ports in the Greater Odesa region disrupted shipping in the Black Sea, increasing pressure on one of Ukraine’s key export industries and creating new financial risks for the company.Continue Reading
(LONDON, UK) – Oil prices rose sharply on global markets after military action involving the United States and Saudi Arabia in Iraq and reports that ballistic missiles launched by Iran towards United States forces in the Middle East were intercepted. Concerns over regional security and tighter crude supplies also supportedContinue Reading
(KYIV, UKRAINE) – Passengers travelling from Ukraine will have a new rail connection to Germany from 1 August 2026 after Spanish railway operator Renfe launches a new international overnight service between Przemyśl in Poland and Frankfurt am Main. Ukrainian Railways, known as Ukrzaliznytsia, will provide connecting services from major UkrainianContinue Reading
(KYIV, UKRAINE) – Ukrainian banks expect business and household loan portfolios to keep growing over the next 12 months, and they forecast rising demand across all types of borrowing, according to a fresh survey by the National Bank of Ukraine. The central bank published the results of its bank lendingContinue Reading
(KYIV, UKRAINE) – Russian attacks on energy infrastructure have left consumers without power in four regions of Ukraine, while bad weather knocked out supply to more than 30 settlements in four other regions, national grid operator Ukrenergo reported on the morning of 29 July. The company said the affected regionsContinue Reading
(ODESA, UKRAINE) – Most of the Russian strikes on port infrastructure in Odesa during June and July were carried out using a type of loitering munition known as Bandero, and the weapons rely heavily on foreign made parts, including components produced as recently as 2025 and 2026. Vladyslav Vlasiuk, theContinue Reading
(KYIV, UKRAINE) – Ukraine’s national grid operator expects to keep electricity flowing without scheduled cuts on Thursday, according to an official statement. Ukrenergo, the state company that runs the country’s high voltage network, said on Wednesday that no consumption limits are planned for the next day. The update was publishedContinue Reading
