The Security Service of Ukraine has arrested four men suspected in a plot to bomb a donation center for nationalist group Right Sector, the agency, known as the SBU, said in a statement posted on its website on Sept. 4.
Parliament on Sept. 2 approved a $900 million loan from Japan to upgrade Kyiv’s Bortnychi aeration station, which treats the city’s sewage water.
Two Ukrainian squads – Dynamo Kyiv and Shakhtar Donetsk – are set to play in this season’s Champions League, the European continent’s most prestigious tournament for soccer clubs.
After five months of talks with private creditors and the unpredictable consequence of a debt moratorium looming, Ukrainian Finance Minister Natalie Jaresko triumphantly announced on Aug. 27 that she had achieved a write-down of up to $3.8 billion of the nation’s debt.
Residents of Artemivsk in Donetsk Oblast decided to return the city’s historical name of Bakhmut, following a series of public hearings held last week, the city’s governing council announced on Aug. 25.
Barcelona’s most read soccer newspaper Sport on Aug. 25-26 has reported that Dynamo Kyiv forward Andriy Yarmolenko is wanted at Camp Nou as a replacement.
Ukraine national soccer team coach Mykhailo Fomenko is giving youth a chance in the next two penultimate European championship qualifiers against Belarus and Slovakia on Sept. 5 and Sept. 8, respectively.
Ukraine has secured a 20 percent writedown on principal payments for $19 billion of its publicly traded eurobonds, Dow Jones Newswires and Bloomberg reported on Aug. 24, citing unnamed sources.
Last year’s popular uprising that ousted disgraced ex-President Viktor Yanukovych is often referred to as the Revolution of Dignity. It appears that the public’s self-respect has indeed surged as Russia's war against Ukraine has united the country.
Ukrainian Prime Minister Arseniy Yatsenyuk during a weekly government meeting on Aug. 19 ordered to cancel the sale of a 5 percent stake in the most valued asset that is slated for privatization this year.
Four Ukrainian photographers on Aug. 10 put their images of the most decisive military defeat in Ukraine’s modern history on display in Kyiv’s Taras Shevchenko Museum. Chronicling Ukraine’s failed military operation to hold the strategic railroad junction town of Ilovaisk in Donetsk Oblast, the four dedicated their exhibit to “those who fell and those who survived her tragic fire.”
Ilovaisk photo exhibit. Aug. 11-30, Taras Shevchenko Museum, 12 Shevchenko Blvd.
GDP drops 16 percent from January-July
Ukraine's gross domestic product, when adjusted for inflation, plunged by more than 16 percent in the first six months on a yearly basis, the Economy Ministry reported on Aug. 11. Because the economy ministry expects stronger economic results in August-December, annual GDP will decline by 8.9 percent, investment bank Concorde Capital said in an emailed note.
Slovak customs officials confiscated more than 130 kilograms of what they suspect to be undeclared amber at the Vysne Nemecke border crossing from a vehicle driven by a Ukrainian with a Hungarian passenger inside, Slovak newspaper Michalovsky Korzar reported on Aug. 11.
Business journalism pioneer Forbes Media has taken further steps to deny fugitive Serhiy Kurchenko and his Ukraine Media Holding publishing rights to the local edition of Forbes Ukraine, according to an emailed message that Forbes’ corporate communications head Mia Carbonell wrote to Liga news on Aug. 6.
To foreign investors, the following scenario is all too familiar.
A Western firm buys an asset in Ukraine, makes millions of dollars of upgrades, and then loses the business in court to a local entity or erstwhile partner.
ZHYTOMYR, Ukraine – Acting on orders from Ukrainian President Petro Poroshenko to crack down on the illegal $500 million amber mining business, an Interior Ministry task force on Aug. 4 seized 2.6 tons of the gemstone in Rivne Oblast that was said to be headed for the black market.
Ukraine will take a break until Aug. 10-11 from its tug of war with creditors over the restructuring of some $19 billion in external debt, according to a statement published on Aug. 6 on the Finance Ministry's website.
The Kyiv Economic Court on July 30 reversed the sale of a 25 percent stake in Dniproenergo, the nation’s largest thermal power generating company, which belongs to Ukraine’s richest billionaire Rinat Akhmetov through his DTEK energy conglomerate.
Ukraine’s largest homegrown brewery Obolon has plans to renew sales in Russia, which accounted for up to 45 percent of its exports before sanctions were imposed in September banning the company’s suds.