Ukrainian business

Kryvyi Rih mine ups capacity with new block

Sukha Balka, a Kryvyi Rih iron ore mine within Oleksandr Yaroslavsky’s DCH Group, has activated a new production block at its Frunze Mine, boasting reserves of 41,500 tons, news agency Interfax-Ukraine reported on Feb. 28.

1 March 2025, 07:44 PM

Ukrainian pharma giant Darnytsia outlines future steps with focus on domestic security

The direction Europe is taking in the pharmaceutical business is not the path Ukraine should follow, Kateryna Zagoriy, the director of the board of directors at Darnytsia and co-founder of the Zagoriy Foundation, said during the NV event "Ukraine Changes the World: Dialogues on Opportunities" on Feb. 19.

19 February 2025, 02:25 PM

Business community urges Ukraine to declassify mineral deposit data

The business community is urging the Ukrainian government to declassify information regarding mineral deposits in the country, the press service of the European Business Association (EBA) reported on Feb. 13.

13 February 2025, 04:23 PM

Over 11,000 Ukrainian companies moved their legal addresses in 2024

In 2024, over 11,000 companies in Ukraine relocated their legal addresses, a decrease of 18% from the previous year, according to Opendatabot on Feb. 10.

10 February 2025, 12:48 PM

Ukrposhta makes global shipping more affordable for Ukrainian small businesses

Ukrposhta introduced new weight categories for international parcels with discounts - service primarily targets Ukrainian businesses selling on global marketplaces like Etsy and Amazon, the company wrote on Feb. 5.

5 February 2025, 02:04 PM

Foreign companies file trademarks in Ukraine despite war

2,573 applications for trademark registration by foreign companies were submitted in 2024, the Ukrainian National Office of Intellectual Property and Innovation (IP Office) data shows, Opendatabot analytical portal wrote on Feb. 3.

3 February 2025, 12:08 PM

Kernel suspends production at one plant despite increased processing

Kernel, Ukraine’s largest producer and exporter of sunflower oil, suspended operations at one of its plants due to limited sunflower availability. The decision is announced in a quarterly report dated Jan. 20, showing significant processing growth.

27 January 2025, 01:43 PM

Employment fears grow in Ukraine, but job market remains stable

Despite growing fears of job losses, most Ukrainian businesses are focused on retaining their workforce, as evidenced by the 2024 Labor Market Barometer survey, conducted by GRC.ua and published on Dec. 13, 2024.

21 January 2025, 02:15 PM

Naftogaz profits surge by 52% in 2024

The Naftogaz Group reported a 52% increase in consolidated net profit, rising from $0.41 billion to $0.63 billion in the first nine months of 2024 compared to the same period in the previous year, the company wrote on Dec. 25.

26 December 2024, 02:36 PM

Ukrainian cargo airline chooses Prague as its international hub

Supernova Airlines, a cargo airline owned by Nova Post founders Vyacheslav Klymov and Volodymyr Popereshnyuk, has chosen Prague as its base for international flights, Center for Transport Strategies wrote on Dec. 6.

6 December 2024, 03:34 PM

Ukraine's resilient businesses: 13% operate in frontline territories

More than 1.4 million companies are registered in Ukraine, with approximately one in eight (a little more than 180,000) operating in frontline areas, Opendatabot analytical portal wrote in its report on Nov. 29.

29 November 2024, 01:01 PM

Ukraine to build two more powerful biomethane plants

Vitagro group is planning to build two additional biomethane plants with a combined capacity of 8 million cubic meters of this natural gas substitute per year, the company's owner, Serhii Labaziuk, said in an interview with LIGA media outlet.

22 November 2024, 01:29 PM

Ukrainian business may face both opportunities and challenges with EU membership

Some Ukrainian businesses may face hurdles as Ukraine progresses toward EU membership, Anna Derevyanko, Executive Director of the European Business Association (EBA) said at NV’s Ukraine 2050: Dialogues About the Future event on Nov. 14.

15 November 2024, 09:51 AM

Ceasefire in Ukraine possible by early 2025 — Ukrainian investment leader

Ceasefire agreement possibility in Russia's full-scale war against Ukraine is over 50% for the first quarter of 2025, Dragon Capital investment CEO Tomáš Fiala said, Interfax reported.

13 November 2024, 10:01 AM

Ukrainian retailer becomes major player in Polish real estate market

Newgate Investment, owned by Comfy chain founder Stanislav Ronis, has become a leader in the Polish retail real estate market, local outlet Puls Biznesu reported on Nov. 11. The company's portfolio is valued at 300 million euros ($318 million).

12 November 2024, 02:55 PM

Nova Post’s Supernova airlines completes first Budapest - Chișinău cargo flight

The Ukrainian cargo airline, Supernova Airlines, operated its first commercial flight using its own aircraft on Nov. 10, Nova Post’s press service reported on Nov. 11.

12 November 2024, 01:57 PM

Ukraine to ban sanctioned software: European Business Association proposes transition plan

The European Business Association (EBA) appealed to the Ukrainian government and parliament with a proposal to finalize Bill No. 11492, which introduces a ban on the use of sanctioned software and access to electronic information resources.

7 November 2024, 02:45 PM

Nova Poshta enters Dutch market, expands European reach to sixteen countries

Nova Poshta clients can now arrange shipments from Ukraine or request courier pickup for deliveries to any address in the Netherlands, the company’s press service reported.

29 October 2024, 02:51 PM

Ukraine returns to list of economically unfree countries: Fraser Institute report

Ukraine has returned to the group of the world's most economically unfree countries based on data from 2022, according to the updated "Economic Freedom of the World" annual report by the Fraser Institute released on Oct. 16.

16 October 2024, 04:55 PM

Ukraine set to build 45 new hotels by 2026

Ukraine plans to develop at least 45 new hotel-apartment complexes with a total of 6,670 rooms and 108 hotel-style cottage towns comprising 3,097 houses between 2024-2026, Ribas Hotel Group wrote in its research.

3 October 2024, 01:25 PM

Ukrainian business

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