Economics
Ukraine has started negotiating a free trade agreement with Japan with the aim of abolishing most import duties to strengthen their economic ties. “The scale of the financial assistance provided by th
Feb. 18, 2021
A Ukrainian delegation to the United Arab Emirates, led by President Volodymyr Zelensky, signed memorandums and contracts worth $3 billion during a diplomatic visit on Feb. 14-15. The bilateral agreem
Feb. 15, 2021
Ukrainian tech companies are losing money because they lack tech specialists. Judging by how quickly they grow, tech firms need about 50,000 techies a year, while there are only a bit over 16,000 tech
Feb. 15, 2021
A Ukrainian immigrant to America has received $120,000 from a panel of U.S. investors on the television show “Shark Tank,” where entrepreneurs pitch ideas to get funding. In the episode, aired on Jan.
Feb. 10, 2021
Ukraine’s economy operates notoriously in the shadows: people get paid under the table and sell goods under the counter. Overall, tax evasion may cost the country $30 billion a year. Last year, Ukrain
Feb. 4, 2021
The Ukrainian sky has been virtually empty last year — the air traffic dropped by 58% since 2019. Ukrainian airlines have lost millions of dollars, teetering on the edge of bankruptcy without state su
Feb. 1, 2021
The Swedish company IKEA, the world’s largest retailer of furniture and household goods, opened its first city-format store with an area of 5,000 square meters in Ukraine in the shopping and entertain
Feb. 1, 2021
Swedish furniture retailer IKEA will open its first brick and mortar store in Kyiv’s Blockbuster Mall on Feb. 1, the company announced on Jan. 29. IKEA promised to enter Ukraine in 2005 but scraped th
Jan. 30, 2021
Editor’s Note: After the publication of this story, Kurt Groszhans withdrew the second case against Roman Leshchenko. Leshchenko says it proves that the lawsuit against him was unsubstantiated, while
Jan. 28, 2021
Israeli tech firm Playtika, which has three offices in Ukraine, raised $1.9 billion in an initial public offering on the Nasdaq stock exchange. A developer of mobile casino games, Playtika sold 79.9 m
Jan. 25, 2021
Ukraine ranked second in the ranking of world grain exporters in terms of total exports in the past 2019/2020 agricultural year, including the second in barley supplies, fourth in maize supplies, and
Jan. 25, 2021
Turkish company Dogus Insaat Ve Ticaret will build a new 3-kilometer bridge across the Dnipro River in Kremenchuk, a city of 225,000, located 290 kilometers southeast of Kyiv. The bridge will cost Hr
Jan. 25, 2021
Streaming giant Netflix has released its first feature film with Ukrainian dubbing. Called “Outside the Wire”, it is the first feature-length motion picture that has premiered on Netflix with an audio
Jan. 20, 2021
Ukrainian retail giant Epicenter K has announced its plans to invest over $1.2 billion in the company’s development in 2021–2022. Epicenter K, a leading construction materials and home improvement ret
Jan. 15, 2021
Swiss-based food producer Nestle has partnered with Starbucks, a U.S. chain of coffee houses, to bring more coffee products to Ukraine, according to news agency Interfax-Ukraine. The international gia
Jan. 9, 2021
Suspects awaiting trial in a Kyiv-based detention center could spend the new year in new jail cells. Ukrainian Justice Ministry invested nearly $2,390 to remove mold from the cell’s walls, to paint th
Jan. 4, 2021
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Could Russia be forced out of Ukraine, not due to a military victory, but due to the Russian economy's collapse? Increasingly there are signs in Moscow that Russia's war may soon run out of money.
Oct. 3