Estonia has pledged to allocate an annual sum of €14 million to aid Ukraine’s development. This commitment is outlined in the country’s state budget strategy, as explained by Marijn Ratnik, the Vice-Chancellor of Estonia’s Ministry of Foreign Affairs.
Tag: Business in Ukraine
Ukraine’s Deputy Minister of Defense, Ivan Havryliuk, emphasized the country’s keen interest in establishing joint production facilities with Western defense companies
Ukraine is actively working with international partners to reinstate air traffic, largely suspended since Russia’s invasion in February 2022
The recent agreement between Ukraine and the UK, signed by Ukrainian President Volodymyr Zelenskyi and British Prime Minister Rishi Sunak, marks a significant development in the international response to Russian aggression
Ukraine’s merchandise turnover for the year 2023 reached $99.4 billion, with the country importing goods worth approximately $63.5 billion and exporting goods valued at $36 billion.
During President Volodymyr Zelenskyi’s official visit to Lithuania, Ukraine and Lithuania have agreed to collaborate on the joint production of drones and electronic warfare (EW) equipment
Ukrgazvydobuvannya, a subsidiary of Naftogaz, achieved a historic milestone in 2023 by extracting over 1 billion cubic meters of gas from newly commissioned wells within a year, as reported by Naftogaz’s press service.
On January 8, White House officials convened with representatives from technology and defense companies to strategize on weapon production for Ukraine. This gathering was aimed at addressing key technological challenges faced by Ukraine in its ongoing conflict.
Ukraine is set to introduce medical cannabis following the passage of a new law, with its implementation expected in the second half of 2024
Ukraine has inaugurated its first mini cogeneration plant (CHP) in the Khmelnytskyi region, financed by USAID Ukraine, as announced by the Ministry of Community Development, Territories, and Infrastructure.
The National Bank of Ukraine (NBU) has announced the easing of several currency restrictions, aimed at facilitating financial support for Ukrainians affected by the war, enhancing the export and import of electricity, and upholding the rights of foreigners in Ukraine, especially regarding medical care.
Bloomberg Economics has released its forecast for the global economy in 2024, outlined by Danylo Hetmantsev, Chairman of the VRU Committee on Finance, Tax, and Customs Policy
Ukraine has inaugurated its first embassy in West Africa, situated in Accra, the capital of Ghana
The British High Court has acknowledged the decision of The Hague Arbitration, which mandates a $5 billion compensation to Ukrainian energy company Naftogaz for assets seized in Crimea
Ukrainian President Volodymyr Zelenskyi’s forthcoming meeting with American senators is primarily aimed at influencing them to support new financial aid for Ukraine
On Friday, December 8, the Verkhovna Rada, Ukraine’s parliament, passed two significant legislative drafts, #10203-1 and 10262, essential for Ukraine’s path towards European integration
Opening a branch office in Ukraine in 2024 can be a strategic move for businesses looking to expand their global presence
In 2023, establishing efficient warehousing operations is essential for businesses operating in Ukraine, given the country’s growing role as a logistical hub in Eastern Europe
In 2023, investing in a vineyard in Ukraine presents a unique opportunity for those interested in the world of viticulture and wine production
For business investors eyeing Ukraine in 2023, navigating the investment landscape requires a comprehensive understanding of various services essential for successful business operations
Investing in Ukraine’s automobile industry in 2023 can be a strategic move for global investors
In the digital era of 2023, starting an online business in Ukraine offers promising opportunities, given the country’s increasing internet penetration and tech-savvy population
The European Union has reached a unanimous agreement on a groundbreaking financial support package for Ukraine, amounting to 50 billion euros to be disbursed by 2027
Creating a comprehensive business plan is a crucial step for any entrepreneur looking to establish or expand a business in Ukraine