• Yanukovych filed a complaint with the European Court of Human Rights

    Former President of Ukraine Viktor Yanukovych sent an appeal to the European Court of Human Rights or ECHR claiming "the violation of his right to participate in court hearings in the case, where he is accused by the Ukrainian Prosecutor's Office of state treason." This was announced by Yanukovych's lawyer, Vitaly Serdyuk on Espresso TV.

    "Viktor Yanukovych has already signed a complaint with the European Court of Human Rights, which refers to the violation of the right for access to justice, …

  • Media: World Bank granted a $150 million loan to Ukraine

    The World Bank has decided to issue a loan of $ 150 million to Ukraine, as reported by TASS citing informed sources in the organization.

    As noted, the money was provided to the State Export-Import Bank of Ukraine under the sovereign guarantees of Kyiv. The purpose of this project, as noted by Ukreximbank, is to expand the access to long-term financing for "export-oriented small and medium-sized enterprises."

    Earlier, the project was planned to be approved without consideration, under a …

  • Booking.com has corrected its data on which country Crimea belongs to

    The world leader in online apartment booking, Booking.com has corrected its data regarding the ownership of the Crimea.

    "Booking.com has changed its opinion on which country the Crimean Peninsula belongs to. Today, on the company's website, the information about hotels and health centers located on the peninsula notes that these sites are located in the territory of Ukraine," the Prosecutor's Office of the Autonomous Republic of Crimea states.

    In December, 2016, at the request of the People's …

  • Naftogaz intends to dramatically reduce the tariff for Russian gas transit beginning in 2020

    NJSC Naftogaz of Ukraine plans to significantly reduce tariffs on natural gas transit after the expiration of the contract with the Russian company, Gazprom, in 2019, as stated by the Group Chief Commercial Officer of Naftogaz, Yuriy Vitrenko, in an interview with the DPA news agency which was published on Monday, May 1st, Deutsche Welle reported.

    "Starting in 2020, the tariffs will reduce to nearly one tenth [of the current], and this will make transit through the Ukrainian gas transportation …

  • Ukraine's Motor Sich JSC will produce parts for Mi-24 helicopters that had been purchased from Russia

    Ukrainian Motor Sich JSC plans to manufacture helicopter blades for the Mi-24 military attack helicopter before the end of 2017, which previously had been purchased in Russia. This was stated at a press conference by Deputy Minister of Economic Development and Trade of Ukraine Yuriy Brovchenko.

    According to him, the company is currently testing blades that it manufactured on its own using its own funding and that of foreign investors.

    Motor Sich’s design experts, together with the Sate Design …