Ukrainian business

Ukrainian business backs Okhmatdyt: What assistance is provided?

Ukrainian businesses reacted to the brazen Russian massive attack on Ukraine and Kyiv Children Hospital Okhmatdyt and united their efforts to help deal with attack's devastating aftermath.

9 July 2024, 01:39 PM

Thousands of draft reservation applications remain unaddressed, says Ukrainian MP

The Economy and the Defense ministries are not reviewing documents on the reservation of defense company personnel, Deputy Head of the National Security Committee, Mariana Bezuhla, said in an interview with NV Business on July 6.

6 July 2024, 01:54 PM

EU duties on Ukrainian products aid Polish market reentry

The European Commission's "emergency braking" mechanism, which imposes duties on eggs from Ukraine, had an immediate effect, said Pawel Podstawka, head of the Polish Federation of Poultry and Egg Producers, PAP reported on July 4.

5 July 2024, 03:36 PM

European Business Association to oversee customs operations in Ukraine

Ukraine will criminalize the smuggling of goods, with the European Business Association (EBA) monitoring any cases of increased pressure on businesses starting July 1, the association's press service reported.

1 July 2024, 05:37 PM

Ukraine's largest oil producer starts key drilling projects

Ukrnafta, Ukraine's leading oil producer, has commenced construction of two new oil wells projected to yield over 100 tons of oil daily, the company's press service announced on July 1.

1 July 2024, 02:51 PM

Naftogaz, Ukraine’s state-owned oil company, reports $247 million profit in quarter

In the first quarter of 2024, Naftogaz Group reported a net profit of UAH 10.9 billion ($270 million), a significant turnaround from a net loss of UAH 1.4 billion ($34.6 billion) in the same period of 2023, the company announced on June 28.

28 June 2024, 10:31 PM

8,000 companies launched by Ukrainians in Poland post-Russian invasion

Since the beginning of Russia's full-scale aggression in February 2022, Ukrainian citizens have established about 8,000 small and medium-sized companies in Poland, and over 50,000 have registered as private entrepreneurs.

26 June 2024, 01:59 PM

IMF nears approval of $2.2 billion aid tranche for Ukraine

The International Monetary Fund (IMF) is poised to finalize its fourth review of the Extended Fund Facility (EFF) for Ukraine and is expected to disburse a fifth tranche worth approximately $2.2 billion in the coming days,, reported head of the National Bank of Ukraine Andriy Pyshnyi on Facebook on June 20.

21 June 2024, 05:51 PM

Ukraine seeks wider investor input on Eurobond restructuring terms

Ukraine's Finance Ministry announced on June 17 that the upcoming consultations on Eurobond restructuring will expand beyond the confines of the special creditors' committee, which currently represents about 20% of Eurobond holders.

17 June 2024, 04:10 PM

Volodymyr Zelenskyy's plan for 1GW power in 2024 is realistic

Providing Ukraine with a gigawatt of electricity in a year is feasible, but it requires $500 million in investments, Volodymyr Popereshnyuk, co-founder of NOVA group of companies (Nova Poshta), wrote on Facebook on June 11.

12 June 2024, 11:40 AM

Global companies create Business Advisory Council to bolster investments in Ukraine

11 June 2024, 03:10 PM

International money transfers available at Nova Poshta branches as NovaPay launches MoneyGram service

From now on it became possible to receive an international MoneyGram transfer at any Nova Poshta office – money to be issued immediately after the transfer is made, NovaPay press service reported.

29 May 2024, 03:46 PM

Partner project

Dragon Capital raises warning bells over increased pressure on business from authorities

Ukraine's largest investment management firm, Dragon Capital, is raising the alarm about increased pressure from law enforcement, the company said in a statement.

24 May 2024, 01:47 PM

Chairman of Ukrainian Parliamentary Committee proposes to raffle off conscripts reservations

Representative of the Servant of the People party, said that such an approach would be fair and compared it to the practice used in the United States in an interview with the Times of Ukraine on May 22.

23 May 2024, 10:57 AM

War raises insecurity among Ukrainian businesses to peak levels

For the first time in two years, 55% of Ukrainian businesses consider insecurity the biggest obstacle to business activity, according to the latest New Monthly Enterprises Survey (#NRES).

20 May 2024, 11:25 AM

Ukrainian mogul Akhmetov joins world's elite rich - Bloomberg report

Ukrainian businessman Rinat Akhmetov has been recognized among the world's wealthiest individuals, according to Bloomberg's latest report on May 1.

1 May 2024, 02:50 PM

How the Russian invasion reshaped Ukrainian business landscapes?

A recent study conducted by the Advanter Group and the United Nations Development Program (UNDP) highlights the profound changes in the Ukrainian business environment due to the Russian invasion.

1 May 2024, 12:29 PM

Revenue of top-10 Ukrainian power companies in 2023 revealed

In 2023, total revenue of top 10 energy companies in Ukraine amounted to $18.8 billion, which is 8% more than revenue of these companies in 2022, reported Opendatabot index on April 29.

29 April 2024, 11:50 AM

Ukraine's journey toward EU integration: A blend of opportunities and challenges

As Ukraine edges closer to the European Union, its businesses face a mix of opportunities and hurdles. Vitaly Sueta, director of Products and Resources at Interpipe, a major Ukrainian manufacturer of carbon steel pipes, train wheels, and structural sections, outlined the evolution and future expectations of Ukrainian business during an interview with NV on April 24.

24 April 2024, 02:14 PM

Epicenter retail giant to launch a chain of amusement parks in its aim to thrive — photo

The first Epiland amusement park will appear in Kyiv this summer marking the first step in Epicenter shopping mall owners’ ambitions to set up their own amusement parks chain, the press service of Epicenter reported.

17 April 2024, 07:00 PM

Ukrainian business

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