Economics
Ukraine is soon to have 150 new ATMs for both buying and selling cryptocurrencies such as Bitcoin and Ethereum, with around 30 of the machines in place by the end of August, according to the head of t
Aug. 8, 2017
Newly founded Ukrainian tech company Nimses wants to turn all the time that people waste online into pure profit. The plan? A smartphone social media application that creates one unit of a privately d
Jul. 21, 2017
Swedish clothing brand H&M will open its first store in Ukraine in 2018. The information appeared in the company’s six-month report for 2017. “New H&M store markets planned for 2018 are Urugua
Jun. 29, 2017
Ukraine, struggling after three years of war and economic upheaval, is in greater need than ever of foreign investment. The last thing it needs is an image-scarring, 1990s-style ownership dispute over
Jun. 23, 2017
Ukraine’s pension system has long been a fiscal time bomb threatening the country. And recently, the ticking got louder. Today, the ratio of Ukrainian workers to pensioners is roughly 1:1, compared to
Jun. 16, 2017
As Russia’s war rages on against Ukraine’s eastern industrial Donbas region, steel and chemical exports continue to take a hit. But as these big commodity exports whither, the country’s agricultural e
Jun. 16, 2017
Eurovision isn’t all about songs. It’s about business, too. Initially, it was to have cost Ukraine about $24 million to host the show. Instead, Ukraine’s taxpayer-funded national broadcaster is spendi
May. 12, 2017
Lots of cities have Chinatowns — areas where expat Chinese people live and do business in close proximity. And with good reason. Chinese account for nearly 20 percent of the world’s population. But th
May. 11, 2017
Sales of cigarettes by PJSC Imperial Tobacco Production Ukraine (Kyiv), one of the largest tobacco companies in Ukraine, in 2016 decreased by 15 percent, to 14.406 billion units in comparison with 201
Apr. 25, 2017
In 1996, Austrian aristocratic scion Julius Meinl V was ready to move back east. The Soviet Union had collapsed and Meinl — the fifth in a line of Julius Meinls extending back to the man who founded
Apr. 21, 2017
Volodymyr Lavrenchuk is chairman of the board of Raiffeisen Bank Aval in Ukraine, the nation’s 5th largest bank with an estimated $1.9 billion in assets and largest foreign lender. Its parent company
Apr. 21, 2017
The Pechersk Kyiv Court has arrested Rinat Akhmetov’s shares in monopoly fixed-phone operator Ukrtelecom and its subsidiary TriMob, “protecting the interests of the state and seeking to refund the los
Apr. 14, 2017
MYKOLAIV, Ukraine — Oleksandr Senkevych impressed many in November 2015, when he defeated a candidate from the old local elite for mayor of Mykolaiv, a southern provincial capital with a strong pro-Ru
Apr. 13, 2017
A Ukrainian startup may have created the successor to the hugely popular Lego and Meccano toys. The startup has come up with an ingenious toy made of small plastic cubes with built-in magnets that all
Apr. 6, 2017
Name: Emil Kurbedinov Position: Private lawyer Key Point: Helping Crimean Tatars fight persecution Crimean Tatar Emil Kurbedinov, a 35-year-old lawyer, has defended several prominent Crimean Tatar act
Apr. 3, 2017
For a country at war, Ukraine exports a lot of weapons. However, the country sells fewer than it did before Russia launched its war on Ukraine in 2014, seizing Crimea and instigating violence in the e
Mar. 16, 2017
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Riyadh denied the Bloomberg report, saying it did not threaten to sell euro and French bonds as a way to influence the G7 into not seizing $280 billion of Russia’s frozen assets.
Jul. 10