Ukraine

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15:16 PM Thursday, September 21, 2017
Tech
UBJ AM News: Apr. 14, 2017
Ukraine to launch big blockchain deal with tech firm Bitfury; The charter capital of Naftogaz of Ukraine has grown by $1.1 billion; Wizz Air launches flights between Lviv and Wroclaw.
image/svg+xml Kyiv Lutsk Rivne Zhytomyr Lviv Ternopil Khmelnytskyi Uzhgorod Chernivtsi Vinnytsia Chernigiv Sumy Kharkiv Poltava Cherkasy Kirovohrad Lugansk Dnipropetrovsk Donetsk Zaporizhzhia Mykolaiv Odesa Kherson Simferopol Sevastopol Ivano- Frankivsk

The charter capital of Naftogaz of Ukraine has grown by $1.1 billion to $7.07 billion, according to Ukraine's National Securities and the Stock Market Commission.

Ukraine has partnered with global technology company the Bitfury Group to put a sweeping range of government data on a blockchain platform, the firm's CEO Valery Vavilov told Reuters. According to him, this project is the largest of its kind anywhere.

State-run Oschadbank saw $5.88 million in net profit in January-March, which was up 41.3% on the same period of 2016, the bank said in a press release. In the reporting period its assets increased by $588 million, or by 7.5%, to $8.41 billion.

The price of natural gas bought by Naftogaz from European suppliers, which is to be delivered in May, is $25-30 per 1,000 cubic meters lower than the price stipulated in a contract with Gazprom, Naftogaz Chief Commercial Officer Yuriy Vitrenko said, Interfax-Ukraine reported.

Hungary’s low-cost airlines, Wizz Air, launched flights between Lviv's Danyla Halytsky airport and the Polish city of Wroclaw on Thursday, Interfax-Ukraine reported.

Deputy Governor of the National Bank of Ukraine Dmytro Solohub projects that this year’s inflow of foreign direct investment in Ukraine will total $1 billion, the same level as in 2016, UNIAN reported.

The Board of the National Bank of Ukraine has decided to cut the key policy rate to 13%, effective today. Resumed monetary policy easing is in accord with inflation targets set for 2017-2019, the central bank said in a press release Thursday.

Ukraine's parliament has voted to authorize the resignation of head of the State Property Fund (SPF) Ihor Bilous, UNIAN reported.

In January-February, the minimum average wage grew by 36%, and the real one - by 20% on a year-on-year basis. Chairman of the National Bank of Ukraine Valeriya Gontareva said this at a press conference, an Ukrinform correspondent reported.

The Economic Development and Trade Ministry expects that Ukraine will improve by 10 positions in the 2018 ranking of Doing Business. This was stated by Vice Prime Minister – Economic Development and Trade Minister Taras Kutovyi, the ministry’s press service reports.

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