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UBJ AM News: Apr. 25, 2017
Vitalii Dubenskyi
Ukraine's car imports up by 1.5 times; Kyiv's Diamantbank declared insolvent; Qatar Airways launches flights to Kyiv.
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

• Imports of cars to Ukraine rose by 1.5 times in February year-over-year to 8,500 units, according to the Ukravtoprom Association. In total, car imports to the country were $113.8 million in February.

• Ukraine's Deposit Guarantee Fund has introduced interim administration at Kyiv-based Diamantbank after the National Bank of Ukraine declared the bank insolvent. The administration headed by Tetiana Startseva will work for a month until May 23 inclusively, the Fund said on its website.

• The National Bank of Ukraine on April 21 transferred the first tranche of profit for 2016 in the amount of $375 million to the national budget, the press service of the central bank has told Interfax-Ukraine.

• Ukraine is preparing to raise pensions in October, Prime Minister Volodymyr Groysman at a briefing in Kharkiv, Ukrinform reported.

• Paul C. Warwick, a Briton, has been appointed head of the supervisory council of Naftogaz, the company reported to the National Commission on Securities and the Stock Market. Warwick is 31-year veteran of Conoco and ConocoPhillips.

• The airline company Qatar Airways will start flights to Kyiv in the next year, one of twelve new destinations of 2017-2018, Reuters reported.

• The Ukrainian Railways plans to establish direct rail links with neighboring Hungary, Slovakia and Romania, Ukrinform reported.

• Ukraine seeks to attract raise $200 million by 2020 on the international market to invest in transport infrastructure, rolling stock and quality of services, Interfax-Ukraine reported.

• China Railway International Group was shown six infrastructure projects for investment by the Ministry of Economic Development and Trade, the ministry alerted by Twitter.

• Luhansk Energy Association (LEA) plans to shut down power supplies to the occupied part of Luhansk region starting April 25, LEA CEO Volodymyr Gritsai told Luhansk regional TV channel, Liga.net reported.


For comments and news tips, please email UBJ AM editor Vitalii Dubenskyi at vitalii.dubenskyi@theubj.com.

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