The Nova group, parent company of the prominent Ukrainian delivery service Nova Poshta, has expanded its business horizon by establishing “Nova Energy,” a new venture set to generate electricity
Tag: Business in Ukraine
The YeRobota project, since its inception, has facilitated the awarding of grants totaling UAH 7.3 billion to almost 15,000 entrepreneurs for either starting or expanding their businesses, as announced by the Ministry of Economy’s press service
Kyivstar, Ukraine’s leading mobile operator, has embarked on a strategic partnership with British company OneWeb, aiming to provide broadband satellite Internet services across Ukraine
The National Nuclear Energy Generating Company “Energoatom” is gearing up to construct a new facility dedicated to producing heat-separating assemblies, located near Yuzhnoukrainsk city
The German defense contractor Rheinmetall is set to supply Ukraine with 20 more Marder infantry fighting vehicles (IFVs), following instructions from the German government
Ukraine’s Minister of Energy, Herman Galushchenko, alongside Denmark’s Minister of Energy, Lars Aagard, has officially signed a Memorandum of Understanding (MoU) aimed at fostering cooperation in the realm of bioenergy.
The State Statistics Service of Ukraine has reported a significant increase in the volume of construction work throughout the country in 2023, marking a 22.6% rise compared to the figures of 2022.
n a significant development, Ukraine and Latvia have announced a collaborative venture to commence the production of projectiles, a move that could have substantial implications for investors watching the defense sector
In February 2024, Ukraine witnessed a significant increase in land transactions, with 9,600 land purchase and sale agreements covering a total of 22,000 hectares
Ukraine successfully exported goods valued at $3.2 billion in March, with a total volume of 11.8 million tons. This announcement was made by Yuliya Svyridenko, the First Deputy Prime Minister and Minister of Economy.
The Ukrainian government has sanctioned the establishment of two new industrial parks, “Dniester” in the Yampilsk urban territorial community of Mohyliv-Podilskyi district, Vinnytsia region, and “Galitsia” in Kalush, Ivano-Frankivsk region
Unilever, a global leader in the supply of food, home care, and personal care products, has commenced the construction of a new manufacturing facility in Bila Tserkva, located in the Kyiv region of Ukraine
President Volodymyr Zelenskyi of Ukraine has signed into law significant amendments aimed at regulating the nation’s capital markets and organized commodity markets
Ukraine is witnessing a significant expansion in its defense industry, with domestic weapons production seeing substantial growth amidst ongoing challenges, including delays in receiving assistance from the United States
Ukraine experienced a significant increase in international investments last year, reaching $1.2 billion, up from $0.5 billion in 2022, as reported by Natalia Shapoval, the head of the KSE Institute, during the first Ukraine Business Compact (UBC) Workshop
The Palantir Artificial Intelligence Platform (AIP) Bootcamp, a recent event in Kyiv, saw the participation of 32 individuals from the Ministry of Digital Transformation, the Ministry of Education and Science, and TAPAS
The European Union’s Foreign Affairs Ministers have reached a consensus to allocate an additional €5 billion in military aid to Ukraine from the European Peace Fund, as confirmed by the Ministry of Foreign Affairs of Ukraine
US Senator Lindsey Graham has made a visit to Kyiv on March 18, as announced by the US Embassy in Ukraine
The Cabinet of Ministers of Ukraine has officially approved the procedure for providing compensation for the construction of engineering and transport infrastructure facilities by investors undertaking significant investment projects
Rheinmetall, a leading German defense contractor, has announced plans to construct four manufacturing facilities in Ukraine, aimed at producing projectiles, military vehicles, gunpowder, and air defense systems
The National Bank of Ukraine has decided to reduce the discount rate from 15.0% to 14.5% per annum starting from March 15, 2024
The State Statistics Service of Ukraine revealed the financial performance of Ukrainian enterprises for 2023, showcasing a dominance of state-owned entities among the top revenue earners, with 7 out of the top 10 positions
In a strategic move to bolster Ukraine’s defense capabilities amid ongoing conflicts, France has announced plans to establish weapon manufacturing operations within Ukraine
On March 8, 2024, Ukraine implemented the “Law on Amendments to Certain Legislative Acts of Ukraine Regarding the Improvement of Corporate Governance in Legal Entities where the State is a Shareholder (Founder, Participant).”