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Tag Archives: Ukraine

Frontera to Supply Ukraine with Liquid Gas from Georgia

National joint-stock company Naftogaz of Ukraine and U.S. Frontera Resources Corporation have signed a Memorandum of Understanding during the Ukrainian-U.S. Business Forum held in Washington on July 13, the press service of the holding has reported. According to the Memo, the sides agreed to cooperate in investing in exploration and …

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Ukrainian PrivatBank Sells Another Asset in Georgia

After selling PrivatBank Georgia, the Ukrainian PrivatBank is selling other assets in Georgia. This time — the Rustavi auto market, which has been put up for auction recently. Specifically, a complete property complex included in Rustavi auto market AUTOPAPA Georgia Group comes on sale, including: 100% stake  in  Mikado Georgia Ltd (the owner …

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Georgia Losing Positions on Ukrainian Tourist Market

Popularity of  holidays abroad has declined markedly among the Ukrainians. This is evidenced by the results of the survey conducted by HeadHunter Ukraine international HR portal. This applies to all countries the Ukrainians went on vacation, including Georgia. In general, according to the survey, office staff began to make plans …

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In June, the Number of Foreign Visitors to Georgia Increased by 9.3%

In June 2015,  the number of foreign visitors arrived in  Georgia increased by 9.3% compared with the same period in 2014. According to the Ministry of the Interior, in June 2015 Georgia was visited by 496 758 foreign nationals. Tourists account  for  39.8% of visitors  (197 537 people, which is 3.4% …

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EU Agrees 1.8bn-euro Loan to Cash-strapped Ukraine

EU Agrees 1.8bn-euro Loan to Cash-strapped Ukraine

The EU has agreed a €1.8bn (£1.3bn; $2bn) loan to Ukraine – described as a landmark deal for a non-EU member. The agreement was signed at an EU summit in Riga, Latvia, with the leaders of six post-Soviet nations. The loan aims to help cash-strapped Ukraine implement economic reforms, as fighting …

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“Georgia needs stronger economy for Euro-integration”, Says Parliament Speaker Usupashvili

“Georgia needs stronger economy for Euro-integration”, says Parliament Speaker Usupashvili

Ways Georgia, Moldova and Ukraine can strengthen their economies is being discussed at a trilateral parliamentary forum in Tbilisi today. Representatives of each country’s parliaments are in town for the two-day Georgia-Moldova-Ukraine inter-parliamentary forum. Today Georgia’s Parliament Speaker David Usupashvili spoke at the event and said it was “principally impossible” …

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EU: No New Funds for Ukraine to Cover its Gas Debt to Russia

The EU won’t provide any new funds for Ukraine to pay off its gas debt to Russia, and Moscow has no guarantees should Kiev use agreed funding elsewhere, said the EU Energy Commissioner’s spokeswoman Marlene Holzner. The European Commission is allocating €760 million ($954 million) of financial aid to Ukraine …

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