On May 22, a delegation from the armed forces of the French Republic, led by General Thierry Burkhard, Chief of the Joint Staff of the French Army, paid an official visit to Ukraine
Tag: Business in Ukraine
$8.5 Billion More in Imports Than Exports: Key Importing Countries Revealed
The spring of 2022 posed significant challenges for all Ukrainian startups, including VanOnGo, a consumer delivery platform powered by artificial intelligence
The National Bank of Ukraine (NBU) has released data on the most profitable banks since the beginning of 2024
The Government of Ukraine has allocated over 1.5 billion hryvnias for the restoration of the Zmiivska Thermal Power Plant (TPP) in the Kharkiv region and the Trypilska TPP in the Kyiv region
Since the beginning of 2024, a total of 6,724 agricultural farms in Ukraine have received UAH 43.2 billion in bank loans for development
The business community welcomes the government’s climate policy initiatives but highlights several critical points that need to be addressed for these initiatives to be effective
JSC “Ukrgazvydobuvannya”, part of the Naftogaz group, has commissioned two new high-throughput wells at one of the deepest fields in eastern Ukraine
The German defense concern Rheinmetall is set to establish a joint production facility for air defense systems in Ukraine, according to the company’s CEO, Armin Papperger
Kernel, a major agroholding company, has successfully exported one million tons of sunflower oil to around 30 countries worldwide within just nine months
In 2023, Ukraine achieved a historic milestone in its agricultural sector by exporting over 4,000 tons of fresh blueberries, setting a new record despite the ongoing military aggression from Russia and significant logistical challenges
Ukraine’s “Ukrgazvydobuvannya” has successfully brought two high-capacity gas wells into operation at one of the deepest fields in Eastern Ukraine
Hyundai Engineering and Construction has partnered with NAEK “Energoatom,” Ukraine’s national nuclear energy generating company, to collaborate on the design, construction, and commissioning of new nuclear power units in Ukraine
The National Bank of Ukraine (NBU) has announced that Ukrainian banks have achieved an 18% increase in net profits since the start of 2024 compared to the same period in the previous year
The European Union has approved the extension of duty-free trade with Ukraine for an additional year, enabling continued tariff-free and quota-free trading for Ukrainian goods until June 5, 2025
The European Investment Bank (EIB) is set to provide up to 30 million euros to support small and medium-sized enterprises (SMEs) in Ukraine
In a recent meeting, the head of Ukraine’s State Property Fund (SPF) and a top manager from the National Joint-Stock Company “Ukragroleasing” discussed potential business opportunities with Daisuke Asan, a representative from Japan’s Ministry of Agriculture, Forestry and Fisheries
Ukrainian ice cream is increasingly popular globally, as evidenced by a record-breaking export year in 2023
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
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