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19:28 PM Monday, July 24, 2017
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UBJ AM News: Jan. 31, 2017
Ukraine's sees an improving employment picture, the turn away from Russia benefits the EU, and an airport store is shuttered in the dead of night.
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 number of job openings in Ukraine climbed by almost half in 2016, leading Prime Minister Volodomyr Groysman to suggest that the country had weathered the economic crisis well enough that companies are growing again, Unian reported. Job vacancies were up 46 percent for the year.

Ukraine's exports to EU countries increased 3 percent, or $372.3 million, over the first 11 months of 2016, Ukrinform reported. The range of exports is expanding as well. Companies that used to export their products to Russia, mainly engineering and food businesses, have switched to the EU market.

The volume of direct German investments in the Ukrainian economy is rising sharply, President Petro Poroshenko said, capping off a visit to the country that is the EU's economic engine. Poroshenko said he'd heard a favorable assessment from German business owners in Ukraine, and he noted that imports from Germany to Ukraine have risen almost 20 percent.

Ukraine and the European Commission agreed to resume exports of poultry products from Ukraine to EU countries. Chicken exports to the European market resumed Tuesday, the press service of the Agrarian Policy and Food Ministry reported.

Dragon Capital CEO Tomas Fiala said in an interview with Ekonomicheskaya Pravda that Ukraine would gain $2 billion to $3 billion in investment by opening a market for land sales. "These investments would be an immediate and forceful stimulant for economic growth," he said.

Authorities at Kyiv (Zhuliany) International Airport implement an overnight shutdown of the Pavo Group duty-free store, Novoe Vremya reported. Attorney Andriy Guck announced the closure on Facebook, adding that he believes it is illegal.

Ukrainian arms exports grew 25 percent year over year in 2016, amounting to $750 million, Ukroboronprom official Denis Hurak said at a press conference.

The Ukrainian internet retailer Rozetka acquired the warehouse complex in the Kyiv region city of Brovary for $16 million, Novoe Vremya reported, citing Ukrainski Noviny.

Budget revenues in 2016 were up 15.3 percent from the previous year, according to the National Bank of Ukraine, Unian reported.

For comments and news tips, please email UBJ AM editor David Edwards at david.edwards@theubj.com.

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