In April 2024, Ukrainian mining companies exported 3.4 million tons of iron ore, marking a 2% increase from the previous month and doubling the figure from April 2023
Tag: Business in Ukraine
The Ukrainian grain corridor, operational for almost nine months, has successfully exported 45 million tons of cargo via 1,600 ships from the ports of Odessa, as announced by Ukraine’s Ministry of Community Development, Territories, and Infrastructure.
Roshel Smart Armored Vehicles, a Canadian firm, is set to begin the local production of MRAP (Mine-Resistant Ambush Protected) vehicles in Ukraine, according to the company’s CEO, Roman Shimonov, in an interview with Defense Archives
Ukraine and Ireland have agreed to commence discussions on a bilateral security agreement, as announced by Ukrainian President Volodymyr Zelenskyy
On May 7, the Ukrainian Cabinet of Ministers approved a significant decision aimed at improving the business environment by canceling Resolution No. 153, which previously imposed restrictions on payments for the import of goods and services
The Cabinet of Ministers of Ukraine has given its approval to a draft law for the ratification of the Free Trade Agreement with the Republic of Turkey
The National Bank of Ukraine (NBU) announced the implementation of a significant package of currency deregulations for businesses, marking the most extensive relaxation since the onset of the full-scale war
The United States Agency for International Development (USAID) has introduced a new $250 million initiative named “USAID Harvest” to support Ukrainian farmers, announced Isobel Coleman, the deputy administrator of USAID
Aylo, the company owning PornHub, has registered as a VAT payer in Ukraine, according to Danylo Hetmantsev, the Chairman of the Finance Committee of the Verkhovna Rada
The German Society for International Cooperation (GIZ) has launched a new grant program aimed at supporting Ukrainian businesses in implementing eco-modernization projects
Ukraine’s Minister of Digital Transformation, Mykhailo Fedorov, unveiled the new PARASOL entrenched electronic security system, developed by MixSteel and part of the Brave1 cluster
NATO Secretary General Jens Stoltenberg visited Ukraine on a working trip on April 29, meeting with President Volodymyr Zelensky
The Minister of Economy of Ukraine, Yulia Svyridenko, and the UAE Minister of State for Foreign Trade, Thani bin Ahmed Al Zeyoudi, have officially concluded negotiations on the Comprehensive Economic Partnership Agreement between their respective governments
Oksana Markarova, the Ambassador of Ukraine to the United States, has reported that Ukraine is actively collaborating with Washington to initiate domestic production of Patriot anti-aircraft missile systems
Ukraine’s “Grain from Ukraine” initiative has successfully dispatched over 195,000 tons of grain and 7,600 tons of flour to countries in need, including Somalia, Ethiopia, Kenya, Yemen, and Nigeria. This was reported by the Ministry of Agrarian Policy and Food of Ukraine
Quantum-Systems GmbH, a leading German drone manufacturer, has inaugurated a new factory in Ukraine, marking a significant expansion of its operations within the country
During the US-Ukraine 2024 Partnership Forum held in Washington, Ukrainian Prime Minister Denys Shmyhal highlighted the critical need for American business investments in Ukraine’s recovery and reconstruction
Ferrexpo, a leading iron ore company, is set to enhance its renewable energy capabilities by constructing a new 10.8 MW solar power plant specifically for its production needs
Kernel, a major corporation in Ukraine, has been actively supporting the country’s defense efforts since the onset of the full-scale war
On April 15, 2024, Ukraine marked a significant expansion of its diplomatic presence in Africa by officially opening an embassy in Maputo, Mozambique
Since the onset of the full-scale Russian invasion in 2022, close to 19,000 companies have relocated within Ukraine, with more than 1,000 businesses moving from cities to regions, according to data from Opendatabot
The Dutch government has announced a significant increase in its support for Ukraine, committing an additional €4.4 billion for military and humanitarian aid from 2024 to 2026
Interior ministers from Ukraine, Estonia, Lithuania, and Latvia convened in Lviv to tackle pressing regional security issues, including the problems of landmines, border security, educational environment safety, migration, and arms control
Ukraine has commenced construction on its first non-Soviet nuclear power unit at the Khmelnytskyi Nuclear Power Plant, employing Westinghouse’s AR1000 technology