Tag: Business in Ukraine

Expand your business horizons by establishing a representative office in Kyiv, Ukraine’s vibrant capital, in 2025

The Ministry of Finance of Ukraine has announced a substantial allocation of UAH 23.4 billion in the national budget for 2025 aimed at bolstering the country’s business sector

As Ukraine continues to navigate its economic landscape amidst ongoing challenges, significant changes in tax legislation are set to take effect for Individual Entrepreneurs (IEPs) in 2025

A new Ukrainian Business Club has been established in Norway, spearheaded by the Norwegian Association of Small and Medium-sized Enterprises (SMB Norway)

Starting December 5, 2024, Ukraine has introduced comprehensive hygiene requirements for agri-food markets to enhance food safety and traceability

The Ministry of Education and Science of Ukraine has announced a substantial support initiative from UNICEF Ukraine aimed at enhancing the winter preparedness of educational institutions across the country

The Netherlands has pledged an additional €22 million to bolster Ukraine’s air defense and cyber resilience, reinforcing the country’s ongoing efforts to safeguard its sovereignty against Russian aggression

The Verkhovna Rada (Ukraine’s parliament) has approved in its second reading the Bill No. 9256-d aimed at strengthening control over the gambling market

Ukraine is making significant strides toward restoring air traffic and preserving its aviation infrastructure, with plans to reopen its airspace promptly once the security situation allows

Foreign Minister Andriy Sybiga and US Secretary of State Antony Blinken officially signed a memorandum of understanding (MoU) on Tuesday, December 3, aimed at bolstering Ukraine’s energy sector

Amidst ongoing economic reforms and efforts to modernize its business environment, Ukraine has faced significant criticism over the introduction of the “White Business Club”, an initiative spearheaded by the head of the parliamentary tax committee, Danylo Hetmantsev

Several international airlines have signaled their willingness to resume flights to Ukraine provided that security and insurance conditions see significant improvements

The Verkhovna Rada Committee on Finance, Tax and Customs Policy has approved an amendment to the draft law “On Amendments to the Tax Code of Ukraine and Some Other Legislative Acts on Stimulating the Development of the Digital Economy in Ukraine”

The Ukrainian government has awarded state grants to four additional agricultural enterprises as part of the “eWork” program, aimed at supporting small and medium-sized businesses in the horticulture, berry growing, viticulture, and greenhouse farming sectors

On December 1, 2024, the Ministry of Agrarian Policy and Food of Ukraine officially launched the “e-Plant Growing” electronic system of registers, marking a significant advancement in the management and regulation of the country’s plant growing sector

The Cabinet of Ministers of Ukraine has officially approved a new state property policy aimed at overhauling the management of state assets and attracting substantial investment into the country’s economy

As Ukraine approaches the end of the year, significant policy changes are set to take effect on December 1, 2024

António Costa, the newly elected President of the European Council, made a significant announcement during his visit to Kyiv on December 1, 2024, alongside Kaia Kallas, the EU High Representative for Foreign Affairs and Security Policy

German Chancellor Olaf Scholz arrived in Kyiv on Monday, December 2, for an unexpected and unannounced visit, underscoring Germany’s continued commitment to supporting Ukraine amid ongoing hostilities from Russia

The European wood panel manufacturer Kronospan, headquartered in Austria, has announced a significant investment of €200 million in a new production line for Oriented Strand Board (OSB) panels in the Rivne region of Ukraine

Ukraine is embarking on a significant partnership with Meta, the global technology giant formerly known as Facebook, to advance the development and implementation of Artificial Intelligence (AI) within the country

The Verkhovna Rada of Ukraine is witnessing a setback in its efforts to boost the renewable energy sector as the third of three planned pilot auctions for allocating quotas to support producers of electricity from alternative energy sources was canceled due to insufficient competition

DTEK RES, a leading player in Ukraine’s renewable energy sector, has officially commenced the issuance of Guarantees of Origin for Electricity from Renewable Energy Sources (GPEE)

The Verkhovna Rada of Ukraine is set to adopt significant changes in the regulation of the gambling industry, aiming to enhance control, combat illegal activities, and mitigate the social impact of gambling and lotteries