(KYIV, UKRAINE) – The State Property Fund of Ukraine has put the Kotovsk winery up for sale in a privatisation auction with a starting price of 24.8 million hryvnias. At the current exchange rate, that equates to roughly 552,000 US dollars, 434,000 British pounds or 487,000 euros. The fund announcedContinue Reading
(KYIV, UKRAINE) – The state should widen its programme for insuring against military risks and offer extra relief to help farms cope with financial losses caused by the near halt of seaborne exports, according to the deputy head of the All Ukrainian Agrarian Council, Denys Marchuk. Speaking to media, MarchukContinue Reading
(KYIV, UKRAINE) – Pump prices across Ukraine rose sharply on Friday, with the average cost of A-95 petrol climbing above the 80 hryvnia mark and diesel jumping by more than two hryvnias per litre in a single day. Data published by the monitoring portal minfin.com.ua and reported by Ukrinform showedContinue Reading
(KYIV, UKRAINE) – President Volodymyr Zelensky has signed a new law designed to support the development of efficient and stable centralised heating across Ukraine. The legislation paves the way for the gradual installation of individual heating substations in buildings connected to district heating networks. The signing was confirmed by anContinue Reading
(MOSCOW, RUSSIA) – The board of directors of Russia’s central bank has lowered the key interest rate from 14.25 percent to 14 percent per annum. The decision came as a surprise to many market observers who had expected the bank to hold steady. The Moscow Times reported the move, whichContinue Reading
(KYIV, UKRAINE) – The National Bank of Ukraine has set the official exchange rates for Monday, 27 July, showing small declines for both the US dollar and the euro against the Ukrainian hryvnia. The official rate for one US dollar will stand at 44.80 hryvnias. This compares with 44.81 hryvniasContinue Reading
(KYIV, UKRAINE) – Ukrainian law enforcement authorities have served suspicion notices to three individuals accused of smuggling almost 97 million hryvnias worth of ethyl and methyl alcohol into the country. At the current exchange rate, that sum equals approximately 2.3 million US dollars or 1.8 million British pounds. The OfficeContinue Reading
(KYIV, UKRAINE) – Ukraine’s national electricity transmission system operator, Ukrenergo, said on Friday that it does not expect to impose any power cuts on Saturday. The announcement offers a brief moment of stability for households and businesses in a country where Russia’s attacks on energy infrastructure have made scheduled blackoutsContinue Reading
