KYIV, May 15 – Restoring of upper upscale and luxury hotels in Kyiv to pre-quarantine rates can take from four to five years with a decrease in income by 60-80%, experts of consulting company Cushman & Wakefield said.

KYIV, May 15 – Adviser to Board Chairman of Naftogaz Ukrayiny Olena Zerkal has headed the organization of work and monitoring of international arbitration and foreign litigation and enforcement proceedings of the group in disputes with Gazprom and in cases against the Russian Federation.

KYIV, May 14 – The United States Department of Agriculture (USDA) released the first forecast for grain crop in the 2020/2021 marketing year (MY, July-June), according to which the wheat crop will be 28 million tons in Ukraine.

KYIV, May 15 - Ukraine may potentially strengthen its economy to a point that it will not need lending from the International Monetary Fund (IMF), Mikheil Saakashvili, the head of the executive committee of the National Reforms Council, said.

KYIV, May 17 - A foreign company has submitted its bid for a tender to lease part of the engineering facility of Chornobyl nuclear power plant's cooling system with an area of 2.5 million square meters for the construction of a solar power plant, said the State Property Fund (SPF) of Ukraine has said in the Vidomosti Pryvatyzatsii privatization bulletin.

KYIV, May 17 - The land reform will have a comprehensive impact on the Ukrainian economy and will bring tangible economic growth of up to $1.5 billion annually, World Bank Director for Ukraine, Belarus and Moldova Satu Kahkonen said.

KYIV, May 16 – The flow of agricultural goods between Ukraine and the European Union (EU) in January-March 2018 totaled $2.2 billion, according to a posting on the website of the Institute of Agrarian Economy research center.

KYIV, May 16 – Ukraine boosted natural gas consumption in January-April 2018 by 4%, or 600 million cubic meters (mcm) year-over-year, to 15.8 billion cubic meters (bcm).

KYIV, May 16 - Russia's Gazprom has stopped issuing invoices to Naftogaz of Ukraine for natural gas supplied to the occupied areas of Donbas, but continues to "write off" odd sums on this, Naftogaz's press service has said.

KIEV, May 17 – Ukraine's Infrastructure Ministry has called on haulers to observe legislation and warned that trucks weighing more than 40 tons would not be allowed on Ukrainian roads anymore.