Contents tagged with ukraine economy of ukraine

  • Germany abandoning Russian gas

    The German authorities decided to abandon gas imports from Russia. This was stated by Chancellor Olaf Scholz during a speech in the German parliament on Sunday, February 27.

    According to him, Moscow has unreasonably inflated the price of gas, threatens the security of the entire continent and can no longer be considered a stable partner.

    "February 24, 2022, marks a turning point in the history of our continent. Vladimir Putin wants to recreate the Russian Empire and govern Europe as he sees …

  • Belarus to stop electricity supply to Ukraine

    Beginning November 18, Belarus is stopping the electricity supplies to Ukraine . According to the Belarusian Ministry of Energy, electricity supplies to Ukraine will be stopped "in accordance with the established procedure within the framework of contractual relations."

    The report states that "the Belarusian side will consider the possibility of further electricity supplies to Ukraine taking into account technical capabilities."

    The reasons for the termination of delivery have not be …

  • US commerce secretary visits her roots in Ukraine.

    Penny Pritzker, US Commerce Secretary and Hyatt Hotel heiress, visits her great-grandfather's birthplace in central Ukraine.

    This is the first time Pritzker is visiting the small town of Velyki Pryts'ky, 50 miles southeast of Kyiv, with a population of just 800. Pritzker's great-grandfather emigrated from Ukraine to the US over one hundred years ago

    After the informal press conference she was whisked off on a tour of the town by a rabbi.

    Local residents were in awe of the high-profile …

  • Ukraine to supply engines for Boeing

    Ukraine and Boeing company have agreed on sales of Ukrainian engines and carrier rockets 

    According to the head of Ukraine's National Space Agency Liubomyr Sabodash, as agreed in Washington,  The Boeing Company will be buying ukrainian engines and carrier rockets produced by Pivdenne (Yuzhnoe) Construction Bureau and Pivdenmash plant. Conditional that Ukraine would not cooperate with the countries covered by the U.S. sanctions.At the moment, the U.S. buys Russian engines. Pivdenne bureau will …

  • Antonov to produce aircrafts for Saudi Arabia

    Antonov to produce aircrafts for Saudi Arabia

    September 8, 2015

    According to Interfax-Ukraine, Antonov State Enterprise (Kyiv) has started manufacturing the first sample of its new multipurpose An-132 aircraft with a cargo capacity 9.2 tonnes under a contract signed with Saudi Arabia.

    Antonov State Enterprise Acting President Mykhailo Hvozdev told reporters on Monday that the test aircraft of the new An-132 aircraft is being manufactured under the contract signed in April with Saudi Arabian …