Category: economy

Special rules of labor relations during the war came into force in Ukraine

The law is designed to deregulate and liberalize certain conditions of employment in martial law to eliminate staff shortages. In Ukraine, for the period of martial law, special labor relations began to operate for employees of all enterprises, institutions, organizations, regardless of ownership, type of activity and industry affiliation, as well as persons working under…

Ukraine has lost up to 40% of its metallurgical capacity due to the war – Metinvest CEO

Mariupol accounted for a third of all steel production in Ukraine. Ukraine has lost 30-40% of its metallurgical capacity due to the Russian-Ukrainian war. This was announced in an interview with Ukraine 24 TV channel by the general director of the Metinvest mining and metallurgical holding Yuri Ryzhenkov. According to him, Mariupol accounts for a…

Trucks trying to take property of Belarusian and Russian companies out of Ukraine will be nationalized

BEB continues to analyze the assets of Russian and Belarusian companies that have operated or continue to operate in Ukraine. The Bureau of Economic Security (BEB) together with the Volyn Regional Civil-Military Administration found 7 trucks trying to take property of Belarusian and Russian companies out of Ukraine at one of the state border checkpoints.…

The pumping of Russian gas through the Yamal-Europe pipeline has dropped to zero – Reuters

Russia wants to pay for the supplied gas in rubles. European countries refuse to pay in foreign currency under sanctions. The pumping of Russian gas through the Yamal-Europe gas pipeline at the Malnov compressor station in Germany fell to zero on the afternoon of March 29, Reuters reported, citing data from the German gas transmission…

Moscow Exchange Supervisory Board recommends refraining from paying dividends to shareholders for 2021

They promised to return to the issue of dividends later. The Moscow Exchange Supervisory Board recommended that the annual general meeting of shareholders, despite the positive results of 2021, not to pay dividends for the previous year. This is stated in the company's statement. “This decision is based on the dividend policy, which provides for…

EU sanctions in force: Luxembourg froze Russian assets by 2.5 billion euros

Ukraine also asks Luxembourg to recognize Russia as a country that finances terrorism. Luxembourg authorities have frozen the assets of Russians by 2.5 billion euros, said Finance Minister Yuriko Bakes . The decision was made in the framework of the implementation of European sanctions imposed against Russia for the attack on Ukraine. “Minister Yuriko Bakes…

Occupiers do not allow 94 ships with Ukrainian grain into the Mediterranean – Sherman

The Russian military is provoking a global food crisis. Russia's war in Ukraine could trigger a global food crisis, according to US Deputy Secretary of State Wendy Sherman . One of the reasons is the blockade by the occupiers of supplies of Ukrainian grain to other countries , Sherman quotes CNN. Russian troops have bombed…

One of the three French companies, which continued to operate in both Ukraine and Russia, is forced to leave Russia

Apparently, the company did not draw any fundamental conclusions about the aggressor country. The Decathlon sporting goods chain, one of three present in Ukraine and declaring its intention to continue operating in Russia , is forced to leave Russia. This was reported by the French media with reference to the company's press release. According to…