Investments

Thursday, December 9

The state received UAH 8.1 bln from privatization in two years.

The state received UAH 8.1 bln from privatization in two years. The Prime Minister, Denis Shmygal, announced this at the opening of the Ukrainian-Croatian business forum in Kyiv. “In 2020-2021, the state received UAH 8.1 bln ($298 mln) from privatization. Compared...

Distillery in the Lviv region sold 16 times more than the starting price.

Distillery in the Lviv region sold 16 times more than the starting price. At the privatization auction for the sale of property of Vuzlivsky MTD in the Lviv region, the price increased from the starting UAH 21 mln ($772,000) to UAH 333 mln ($12.2 mln), (Prozorro.Sale). The ...

Wednesday, December 8

Ukrainian taxi service Uklon will start operating in Moldova.

Ukrainian taxi service Uklon will start operating in Moldova. On December 6, Uklon started operating in Chisinau (Moldova), reported AIN.UA. Residents of Chisinau received a localized application Uklon, which works by analogy with the Ukrainian. Today, the compa...

Lviv will announce a Tender for the purchase of 100 city busses.

Lviv will announce a Tender for the purchase of 100 city busses. The tender documents have already been approved by the European Investment Bank (EIB). The bank plans to provide Lviv with more than €12 mln in loans for this purchase. It was announced by the head of...

Tuesday, December 7

State Property Fund has invited investors to take part in the OGHK privatization auction

State Property Fund has invited investors to take part in the OGHK privatization auction . Potential investors have until December 9, 2021, to apply to participate in the auction to privatize 100% of the shares of United Mining and Chemical Company (OGHK), which will take place on Decembe...

Ukrposhta will build a sorting center in Kharkiv.

Ukrposhta will build a sorting center in Kharkiv. The company has signed an agreement with Oleksandr Yaroslavskyi’s DCH group of companies to build a new automated sorting center at the Ecopolis HTZ high-tech park in Kharkiv, announced CEO of U...

Invest in international companies through Sense SuperApp.

Invest in international companies through Sense SuperApp. Alfa-Bank initiated the access of shares to circulation on the Ukrainian market and provided customers with a trading tool in the digital bank Sense SuperApp. This will allow Alfa-Bank’s clients...

Monday, December 6

PrivatBank and Oschadbank to approve plans for their privatization.

PrivatBank and Oschadbank to approve plans for their privatization. The two state-owned banks must adopt “roadmaps” for partial or full privatization in cooperation with the Ministry of Finance. To reduce the state’s share in banks to 25%, PrivatBank...

Ukraine will hold 4 concession tenders for the management of seaports in 2022.

Ukraine will hold 4 concession tenders for the management of seaports in 2022. The Ministry of Infrastructure announcement was reported in ukrinform referred to the concession projects being implemented in Berdyansk, Izmail, Odesa, and in three terminals of the Black Sea port. A...

Privatization of the Odesa Research Institute.

Privatization of the Odesa Research Institute. The State Property Fund of Ukraine (SPFU), has put up for sale the Odesa Research Institute of Television Technology (ORITT), which made “eyes” for submarines and equipment for presidential aircraft. ...

Friday, December 3

The EU has introduced an alternative to Chinese infrastructure investment.

The EU has introduced an alternative to Chinese infrastructure investment. The European Commission has approved the Global Gateway strategy, which should respond to China’s “One Belt, One Road” initiative, reported DW. According to the plan, Brussels offici...

The creation of 24 new industrial parks has begun.

The creation of 24 new industrial parks has begun. Since adopting the Law “On Amendments to the Law of Ukraine” On Industrial Parks, the country has already started developing 24 new industrial parks. According to Chairman of the Verkhovna Rada Commit...

Thursday, December 2

Ukraine and France will build five ships in Mykolayiv.

Ukraine and France will build five ships in Mykolayiv. Ukraine and France have signed a contract to construct five vessels for the State Border Guard Service. Locally, production will take place in Mykolayiv by the Ukrainian company Nubilon, announced by ...

16 airports are currently being built in Ukraine.

16 airports are currently being built in Ukraine. “For the first time in many years, the new national airline will be able to fly to the new regional airports that we are building. In total, we are currently building airports in 16 cities of Uk...

UAH 3.5 bln to upgrade train infrastructure.

UAH 3.5 bln to upgrade train infrastructure. The draft state budget for 2022 includes an investment of UAH 3.5 bln ($130 mln) for the purchase of new passenger cars, including 70 cars for day high-speed trains, said the Ukraine Ministry of Finan...

French sports brand Decathlon has started cooperation with Silpo. The French sports brand Decathlon and the supermarket chain Silpo have officially announced the start of the collaboration. Currently, you can buy equipment and accessories in 20 stores. These are mai...

Wednesday, December 1

Ukraine will receive a new loan from the EIB to upgrade public transport

Ukraine will receive a new loan from the EIB to upgrade public transport . On November 18, 2021, the Verkhovna Rada registered a bill to ratify the agreement “Urban Public Transport of Ukraine II”, which provides Ukraine with a loan of €200 mln from the Europea...

German State Bank will modernize educational institutions In Zhytomyr and Zaporizhzhia.

German State Bank will modernize educational institutions In Zhytomyr and Zaporizhzhia. Within the realms of the implementation of the “Energy Efficiency in Communities” project, an Agreement was signed between: the Cabinet of Ministers of Ukraine; the German state bank, the ...

Friday, November 26

LeoMed has purchased the Ukrainian telemedicine service Doctor Online.

LeoMed has purchased the Ukrainian telemedicine service Doctor Online. Doctor Online is merging with the LeoDoc service, reported ain.ua. Now any clinic or private practice doctor can be included in the service and consult their patients. In 2022, they plan to introduce ...

Cashflow management startup Settle which is based in Lviv raises $60M.

Cashflow management startup Settle which is based in Lviv raises $60M. The company raised $60M in a Series B funding round led by Ribbit Capital, reported ain.ua. The startup has a team in Ukraine that participates in Settle’s establishment and is fully responsible for i...

Odessa winery was privatized for UAH 235 mln.

Odessa winery was privatized for UAH 235 mln. The winner of the auction Odesavinprom plant paid UAH 235 mln ($8.7 mln), announced the State Property Fund. Under the terms of privatization, the new owner must ensure the preservation of the core bu...

Kovalska invested UAH 200 mln in lime production in the Lviv region.

Kovalska invested UAH 200 mln in lime production in the Lviv region. Kovalska Industrial-Construction Group invested UAH 200 mln ($7.4 mln) in lime burning. The company said that lime kilns were built in Rozvadov, Lviv region. They will work 24/7, which will create an ...

Thursday, November 25

The Guarantee Fund has received UAH 630 bln ($23.6 bln) in private investments.

The Guarantee Fund has received UAH 630 bln ($23.6 bln) in private investments. The total amount of deposits of individuals at the beginning of November 2021 includes deposits in national currency, UAH 385.84 bln ($14.4 bln), and deposits in foreign currency valued at UAH 243.52 ...

The Mayor of Lviv will meet with EBRD Vice Presidents Alan Pius and Mark Bowman to discuss building a plant to manufacture electric vehicles.

The Mayor of Lviv will meet with EBRD Vice Presidents Alan Pius and Mark Bowman to discuss building a plant to manufacture electric vehicles. “We are strengthening our relationship with the European Bank for Reconstruction and Development”, said the Mayor of Lviv, Andriy Sadovyi. “We already have nine successful projects that have made it p...

The Japanese automotive manufacturer, Nissan, has opened its 32nd Center in Ukraine.

The Japanese automotive manufacturer, Nissan, has opened its 32nd Center in Ukraine. Nissan’s dealer network will now include Autocentre Kherson, as reported in open4business. According to the Ukrautoprom Association, 355 Nissan cars were sold in Ukraine in October 2021 (11% les...

The “Minfin” and Dragon Capital launched a mobile investment application Multi Invest.

The “Minfin” and Dragon Capital launched a mobile investment application Multi Invest. Using the application will make it possible to invest in shares of foreign companies, exchange-traded funds (ETF), cryptocurrency, and domestic government bonds. “The idea of Multi Invest is to make i...

Ukrainian startup MaxAh develops the most powerful graphene-based battery in the world.

Ukrainian startup MaxAh develops the most powerful graphene-based battery in the world. The engineering and technology startup MaxAh works with the technology of lithium power supply production using the Ukrainian graphene has been recognized as a promising project by the Ukrainian State...

Wednesday, November 24

Ukraine is implementing 8 EBRD projects worth € 1.68 bln,

Ukraine is implementing 8 EBRD projects worth € 1.68 bln, announced the finance minister, Serhiy Marchenko, at a meeting with the newly appointed EBRD Vice President for Policy and Partnership, Mark Bowman. During the meeting, the issues of the current state...

The Ministry of Finance has sold UAH 4.4 bln of bonds.

The Ministry of Finance has sold UAH 4.4 bln of bonds. On November 23, the Ministry of Finance raised UAH 4.4 bln ($166 mln) in equivalent at the auction for the placement of domestic government bonds (IGLBs), reported minfin.ua The weighted average yield...

Tuesday, November 23

Ukrainian grocery delivery business, Zakaz.ua has attracted $10 mln in investments over the ten-year period of its operations.

Ukrainian grocery delivery business, Zakaz.ua has attracted $10 mln in investments over the ten-year period of its operations. Currently, 100,000 customers use the company’s application. The company’s Commercial Director, Evgeniy Netreba said, “We want to build not just an e-commerce company, but also understand w...

Monday, November 22

European Investment Bank (EIB) will assist in financing the modernization of hospitals in Ukraine.

European Investment Bank (EIB) will assist in financing the modernization of hospitals in Ukraine. The Ministry of Community and Territorial Development of Ukraine signed a grant agreement with the EIB for the thermal modernization of hospitals in Ukraine, announced Prime Minister, Denys Smyhal. Th...

Applications for “investment nannies”: 17 from Ukrainian investors, and 10 from international companies.

Applications for “investment nannies”: 17 from Ukrainian investors, and 10 from international companies. UkraineInvest has received 27 preliminary project applications from investors totaling more than $2 bln, reported epravda.com. Business representatives from Switzerland, Mexico, China, Turkey, Cyprus,...

On November 18, the space agencies of Ukraine and Canada signed a joint statement of partnership in Halifax Canada.

On November 18, the space agencies of Ukraine and Canada signed a joint statement of partnership in Halifax Canada. Both sides laid the first stone of the space launch complex. The collaborative Ukrainian Canadian project to create a space launch complex in Nova Scotia is unique to both countries. The project is im...

Friday, November 19

The EU plans to provide Ukraine with up to €7 bln in investments in seven years, reported Interfax. The EU has adopted an economic investment plan for three regions: the Eastern Partnership, the Western Balkans, and the Southern Neighborhood. Ukraine hopes to mobil...

As part of its plan to diversify its business, MHP has started to produce beef. The company purchased the beef producer, Lubnymyaso for $1.84 mln. Located in Lubny in the Poltava region, the company produces and sells beef under the Scott Meat brand. “The move into beef productio...

Grammarly is now valued at $13 bln after a new round of investment. The Ukrainian startup Grammarly is developing an online platform to help communicate effectively in English has attracted a new round of investment of more than $200 mln. As of November 2021, Grammarl...

The Kovel Educational Colony will be auctioned on December 7 with a starting price of UAH 41 mln. The State Property Fund (SPFU) will privatize the Kovel educational colony, which is located in the Volyn region. The asset includes 26 real estate assets, buildings with a total of 19,476 square mete...

The development of the processing industry in 10 years might double GDP to $300 bln. As of today, the structure of Ukrainian GDP, the processing industry accounts for only 10.1%, while in Poland this figure is 19%, and in Turkey 20%. On average, the added value of selling one ton of w...

Thursday, November 18

British neobank Revolut has registered a subsidiary in Ukraine in September 2021. According to the state register of legal entities, the company is called LLC “Revolution Technologies Ukraine”, its beneficiary is Revolut Ltd. In May 2021, Revolut is now actively hiring ...

The State Property Fund (SPF) will put a diamond processing plant up for auction for the second time. The Vinnytsia Crystal Plant will be auctioned on December 17, announced the Prozorro.Sales website. The starting price is UAH 89.9 mln ($ 3.4 mln).

Nova Poshta to deliver parcels from Kyiv to Lviv by drone. The company delivered 10 parcels weighing 2 kg from Kyiv to Lviv by a drone that flew 500 km with a payload of up to 16 kg. In addition to that, it can climb to a height of 900 meters and spend up to ...

Carpathian Mineral waters to invest €20 mln to increase production volumes. The company plans to increase production volumes threefold by investing €20 mln in the construction of a new plant in the Lviv region. According to Lviv the administration, the expansion will create 2...

Wednesday, November 17

The Ministry of Finance raised UAH 8.159 bln ($ 311 mln) in the placement of domestic government bonds. Investors were offered seven issues of securities in the national currency. The weighted average yield of 6-month IGLBs was 10.5%, 1-year – 11.55%, 1.5-year – 11.57%, 2-year – 12.47%...

This week is European SME Week. It is aimed to promote the development of small and medium businesses and encourage more people to launch their own companies across Europe, including Ukraine. It remains challenging for many entrepreneurs to access financing and advanced green technologies and meet ind...

Vuzliv distillery will be privatized with a starting price of UAH 21 mln ($0.8 mln). The State Property Fund (SPFU) has announced an auction for the privatization of the Vuzlivsky complex which includes manufacturing facilities and alcohol storage, located in the Lviv region. The auct...

Tuesday, November 16

Ukraine- EU cooperation plan with € 2.3 bln investment package. At a meeting with EU Neighborhood and Enlargement Commissioner Oliver Vargei, Ukrainian Foreign Minister Dmytro Kuleba discussed the Eastern Partnership’s economic and investment plan. The plan ...

The world leader in the production of irrigation systems plans to enter the Ukrainian market. The entry of the US company, Valmont Industries, was announced by the Minister of Agrarian Policy and Food, Roman Leshchenko. Valmont Industries has a 75-year history of full-cycle irrigation equipmen...

Monday, November 15

UAH 1.9 bln to be invested in Ukraine’s oil and gas industry, announced the Prime Minister, Denys Shmygal, on Facebook. According to preliminary estimates, UAH 1.9 bln ($72.2 mln) will be invested in the oil and gas industry under two agreements that were signed...

Monobank’s new card, the cryptocurrency card, is awaiting approval from the NBU. “The has been waiting for approval from the NBU for three months. The launch of shares in Monobank that was scheduled for 2022 has been postponed”, said the co-founder of Monobank, Oleg Gorokhovsky. H...

One of the largest shopping malls in Europe has opened in Kyiv. On November 12, the Respublika Park shopping mall opened with a total area of 300,000 square meters in Teremky. With a net usable space of 135,000 square meters, the mall is considered to be one of th...

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