EU Enlargement Commissioner Stefan Fuele pledged 12 million euros ($16.9 million) in technical assistance over the next two years to develop the Crimean port city of Sevastopol and the surrounding region, upgrade the area’s infrastructure, and to modernize the tourism sector.

Kyiv City Council has introduced 1% tourist tax on hotels, campgrounds, motels, hostels, and other resort establishments bills. Housing and intermediary organizations, as well as entrepreneurs authorized by Kyiv City Council and who signed relevant agreements are entitled to collect the tourist tax.

Wyndham Hotel Group International (USA) intends to open 15 three-star Ramada Encore Hotels in Ukraine before 2018, according to a joint press release of Wyndham Hotel Group International and a group of companies DeVision (Kyiv).

On January 28, users who tried to use services of I-Box payment terminals discovered, that the money they’ve sent via I-Box didn’t reach accounts of service providers. Considering the fact, that lots of money go through these payment terminals, including the replenishment of mobile phone credits and repayment of bank loans, people began to panic.

Ukraine is among the five biggest honey producers of the world in terms of gross volume of production as well as honey consumption per capita. There are about 30 varieties of honey produced in Ukraine. The country aproximately exports 83% of honey to Europe.

Al-Bader Trading Co Group of Companies is studying Ukrainian legislation with an intent to possibly invest in the construction of the new city on an area of about 900 hectares in about 30-100 kilometers from Kiev.

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