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coronavirus - Latest news GMK Center

Photo – Metinvest cut revenue by 11% in Q1
Metinvest cut revenue by 11% in Q1

Revenue of the steel segment dropped by 14% to $2 billion

Photo – Business calls to impose moratorium on a hike in environmental tax
Business calls to impose moratorium on a hike in environmental tax

If environmental tax rate increases, the Ukrainian industrial sector may suffer significant losses

Photo – The Cabinet extended the quarantine until 22 June
The Cabinet extended the quarantine until 22 June

Passenger suburban and interregional rail transportation will resume on 1 June, air transportation on 15 June

Photo – The Cabinet of Ministers to launch program to support industry and exporters
The Cabinet of Ministers to launch program to support industry and exporters

The government program will provide for the preferential loan conditions and requirements for production localization

Photo – The Ministry of Economy says Ukraine’s GDP was 1.2% down in Q1
The Ministry of Economy says Ukraine’s GDP was 1.2% down in Q1

The results of the first three months of 2020 proved to be worse than expected

Photo – Interpipe allocated ₴36 million to support health care facilities
Interpipe allocated ₴36 million to support health care facilities

The Company purchased a large batch of individual protective means for doctors of Dnipro and of the oblast

Photo – Ukraine’s industrial production keeps falling
Ukraine’s industrial production keeps falling

The quarantine measures worsened the economic downfall in Ukraine observed since H2 2019

Photo – The rules have changed: protectionism is a new normal
The rules have changed: protectionism is a new normal

Ukraine needs to learn how to neutralize the effects of increased protectionism in foreign markets

Photo – Ferrexpo spent more than ₴21.5 million to help hospitals
Ferrexpo spent more than ₴21.5 million to help hospitals

Health care facilities of Gorishni Plavni, Kremenchuk and Poltava were provided with assistance

Photo – The National Bank says Ukraine’s GDP fell by 0.5% in Q1
The National Bank says Ukraine’s GDP fell by 0.5% in Q1

The country copes with this crisis better than before

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