Investments

Monday, February 7

Ukrainian startup Audubon sells cancer cells and human plasma for $6.5M in 2021.

Ukrainian startup Audubon sells cancer cells and human plasma for $6.5M in 2021. Rostislav Semikov, from Zaporizhzhia, founded Audubon Bioscience, which collects human cancer tissues, cells and plasma for delivery to research institutes and companies. Semikov’s company is e...

Thursday, February 3

Agricultural land prices at auctions increased by 430%.

Agricultural land prices at auctions increased by 430%. As of February 2, the starting price at auctions for the sale or lease of agricultural land in the Prozorro.Sales system increased by 430%. The bidding platform announced 2,552 auctions of agricultura...

Ukrainian-American startup Cargofy raises $2M to build an ecosystem for truckers.

Ukrainian-American startup Cargofy raises $2M to build an ecosystem for truckers. The startup Cargofy allows truckers to optimize their route and take on additional cargo along the way, avoiding unprofitable, underloaded trips. Cargofy is a personal assistant for truck owners that...

The State Property Fund has put five distilleries up for sale.

The State Property Fund has put five distilleries up for sale. The State Property Fund has announced five online privatization auctions of distilleries, to take place between February 25 and March 4. The total starting price for all auctions is over UAH140M. The ...

Wednesday, February 2

The Odesa Champagne Factory was sold for UAH 195M.

The Odesa Champagne Factory was sold for UAH 195M. The 122-year-old Odessa Champagne Factory, located on French Boulevard, was sold at an online auction for UAH195M ($6.85M). According to State property fund officials, seven companies took part in the...

Tuesday, February 1

An “Investment nanny” will assist with a €30M Clear Energy Group project in Odessa.

An “Investment nanny” will assist with a €30M Clear Energy Group project in Odessa. The Office for Attracting and Supporting Investments, (UkraineInvest), signed a memorandum of understanding with the Clear Energy Group LLC (Kyiv) to implement a waste management complex in the Odessa...

The Dnipropetrovsk region is among the leaders attracting foreign investments.

The Dnipropetrovsk region is among the leaders attracting foreign investments. According to the results for the first three quarters of 2021, the Dnipropetrovsk region attracted the most foreign investments among all regions of Ukraine. The region’s investment volume grew by 15...

Monday, January 31

Ukrainian startup Promin Aerospace plans to launch its first suborbital flight.

Ukrainian startup Promin Aerospace plans to launch its first suborbital flight. Today, the company will test a solid-fuel engine for ultralight rockets and continues to make preparations for the first suborbital flight by the end of the year. According to the Founder, Mykhailo R...

Friday, January 28

Ukrainian Railways (UZ) will spend UAH 300M for consultations on the modernization of passenger traffic.

Ukrainian Railways (UZ) will spend UAH 300M for consultations on the modernization of passenger traffic. According to Prozorro, UZ Passenger announced a tender on March 14 to purchase consulting services to facilitate the modernization of the vertical of passenger traffic. The starting purchase price is ...

Thursday, January 27

Ukraine and the World Bank have completed the Second Road Improvement Project for $450M.

Ukraine and the World Bank have completed the Second Road Improvement Project for $450M. In the framework of the agreement with the International Bank for Reconstruction and Development (IBRD), Ukraine has implemented the “Second Road Improvement and Traffic Safety Project, as reported b...

The Lviv region will receive a $5B industrial project.

The Lviv region will receive a $5B industrial project. This was announced following a meeting of Lviv regional state administration representatives with a delegation of investors from Qatar, Saudi Arabia, and China reported the Lviv administration. The de...

Tuesday, January 25

Ukrainian aviation startup InputSoft valued at $3M.

Ukrainian aviation startup InputSoft valued at $3M. Ukrainian startup InputSoft went to the American accelerator Techstars and received a $120,000 investment. Now the startup valued at $3M, the founder and CEO Anastasia Smyk told AIN.UA. InputSoft is ...

Friday, January 21

Ukraine expects to receive UAH 8B from privatization.

Ukraine expects to receive UAH 8B from privatization. “We expect to attract up to UAH 8B ($280M) to the state budget this year,” said Prime Minister Shmygal said. According to him, in 2021, the state budget received UAH 5.4B ($193M) from smal...

Turkish investors are interested in setting up a soda ash plant in the Donetsk region.

Turkish investors are interested in setting up a soda ash plant in the Donetsk region. This is because Ukraine may have the second most modern soda plant after Kazakhstan. According to the Turkish Business Association, one of the Turkish Investments companies is interested in the develo...

Thursday, January 20

Ukrainian Eurobonds are recovering from a sharp fall.

Ukrainian Eurobonds are recovering from a sharp fall. On Wednesday, January 19, quotations of Ukrainian foreign government bonds resumed growth after several days of significant decline, reported epravda. Thus, quotes for all issues of Ukrainian Eurobond...

Unit Capital Management fund will issue shares for UAH 492.5 M.

Unit Capital Management fund will issue shares for UAH 492.5 M. Venture capital investment fund ” UFuture Venture ” owned by Vasyl Khmelnytsky and the High-Tech Park investment fund owned by Igor Kryvetsky registered shares with the National Securities...

A Portuguese company plans to build a building materials plant in Vinnytsia.

A Portuguese company plans to build a building materials plant in Vinnytsia. The Portuguese company TISIES (TCS) has confirmed its intention to set up a building materials plant in Vinnytsia, with a planned investment of €33M. The area of the plant’s production facilitie...

Wednesday, January 19

The Kovel Educational Colony will be privatized on January 27.

The Kovel Educational Colony will be privatized on January 27. The Kovel Educational Colony was put up for auction, which will take place on January 27. The colony lot consists of 33 real estate objects exhibited for privatization, located on a land plot of 4.86 ...

New potential projects worth more than $2B will come to Ukraine.

New potential projects worth more than $2B will come to Ukraine. The UkraineInvest office, which provides support to large investors, has already received applications for potential projects totaling more than $2B. According to Prime Minister Denys Shmyhal, “Ukrain...

Epicentr K has attracted a $120M loan from the EIB.

Epicentr K has attracted a $120M loan from the EIB. The European Investment Bank (EIB) will provide the Epicentr K group with a $120M loan to develop agricultural infrastructure in Ukraine, announced the EIB. The $120 million loan from the EIB will be ...

Monday, January 17

Ukraine to gain a new green hydrogen production project.

Ukraine to gain a new green hydrogen production project. According to the MCL Group, Ukraine is set to gain a new green hydrogen production project being developed that will enable the production of hydrogen directly on consumer sites. The logistical costs ...

The State Property Fund (SPFU) sells Borshchiv distillery.

The State Property Fund (SPFU) sells Borshchiv distillery. On January 27, the State Property Fund will put up the Borshchiv distillery (Ukrspirt) for auction with a starting price of UAH 28.1M ($1.01M). The asset includes 32 real estate objects and contains 7...

Near Protocol, a Startup Co-Founded by Ukrainian Ilya Polosukhin, raised $150M.

Near Protocol, a Startup Co-Founded by Ukrainian Ilya Polosukhin, raised $150M. Near Protocol is a blockchain for building decentralized applications (daaps). Compared to other blockchains, Near is easier to use, cheaper, and faster. Near is also open source – every user ca...

Friday, January 14

The court seized 100% of the shares of the Bolshevik plant.

The court seized 100% of the shares of the Bolshevik plant. An investigating judge has seized 100% of shares of the First Kyiv Machine-Building Plant (“Bolshevik”). The Bureau stated that investigators are currently establishing all the circumstanc...

Lviv IT company enters the Latin American market.

Lviv IT company enters the Latin American market. Ukraine’s largest IT company, SoftServe, is opening some development centers in Mexico, Colombia and Chile, reported Ukrinform. Today, the company has provided over half a hundred vacancies in t...

OneNotary raised $ 1.75 M for an online notary in the US.

OneNotary raised $ 1.75 M for an online notary in the US. OneNotary, founded by a Ukrainian team, said on Thursday that it has raised the sum of $ 1.75 M in venture funding in order to develop an online notary infrastructure in the United States. The leading...

Thursday, January 13

Kolomoisky and Verevsky are leaders in cryptocurrencies mining.

Kolomoisky and Verevsky are leaders in cryptocurrencies mining. The leaders in the importation of specialized equipment for crypto mining into Ukraine are enterprises associated with businessmen, Igor Kolomoisky and Andrey Verevsky, reports NV. Zaporizhzhia Ferroa...

Three significant privatizations are expected in 2022.

Three significant privatizations are expected in 2022. The President’s Office expects to see the privatization of three large enterprises: The United Mining and Chemical Company (OGHC); The Centrenergo, and The Odesa Port Plant, in 2022. The privati...

Wednesday, January 12

European Uber rival Bolt valued at $8.4 B.

European Uber rival Bolt valued at $8.4 B. The Estonian-based ride-hailing start-up, Bolt said on Tuesday that it has raised the sum of € 628 M ($711 M) in a new funding round led by Sequoia Capital and Fidelity. Just in 8 years, the company w...

Tuesday, January 11

Ukreximbank is selling assets of the Zaporizhzhya Cable Plant.

Ukreximbank is selling assets of the Zaporizhzhya Cable Plant. The property of the Zaporizhzhya Cable Plant, which was used as collateral for bad loans, is being sold at auction. The auction will take place on the OpenMarket site (SE “SETAM” of the Mi...

Odesa coffee plant is up for sale at a Dutch auction.

Odesa coffee plant is up for sale at a Dutch auction. Oschadbank will sell a coffee plant in the Odessa region at a Dutch auction for the first time. The State Savings Bank has put the right of monetary claim for sale under a loan agreement with Ukrkava ...

An industrial park with five productions will be created in the Kharkiv region of Ukraine.

An industrial park with five productions will be created in the Kharkiv region of Ukraine. An industrial park with five chemical facilities and a garbage sorting line will be set up in the Kharkiv region, this was announced by the Kharkiv Regional State Administration. Valkiv City Council i...

The Bill Gates Fund is investing $15 B in clean technologies.

The Bill Gates Fund is investing $15 B in clean technologies. The Breakthrough Energy Catalyst Foundation, which is supported by the world’s billionaire Bill Gates, plans to invest up to $ 15 B in clean technology projects in the United States, the European Unio...

UFuture will build five plants in the territory of the industrial park in Bila Tserkva.

UFuture will build five plants in the territory of the industrial park in Bila Tserkva. The holding company UFuture, owned by a businessman named Vasily Khmelnitsky, announced a change in its configuration and completion of the first phase of the industrial park in Bila Tserkva. Accordin...

Thursday, January 6

Farmak invested more than $1.2M in HealthCare projects and startups.

Farmak invested more than $1.2M in HealthCare projects and startups. According to Farmak director Volodymyr Kostyuk, the company started investing in the venture capital market in 2020. The company is interested in advanced rapid diagnostics, digital medicine, and inte...

Wednesday, January 5

SPFU sells Odessa Champagne Factory.

SPFU sells Odessa Champagne Factory. The State Property Fund of Ukraine (SPFU) is putting the Odesa Champagne Factory up for sale at a starting price of UAH 87.4 M ($3.22 M). The wine factory with cellars was built to hold 2 M bottles of...

The taxation of real estate transactions has changed.

The taxation of real estate transactions has changed. Previously, income from the sale of one property per year was not taxed, and the sale of the second and subsequent properties were taxed at a rate of 5%. The new tax law #5600 should close this possib...

Tuesday, January 4

Delivery Hero acquires majority stake of Glovo.

Delivery Hero acquires majority stake of Glovo. German food delivery group Delivery Hero signed an agreement to obtain a 39.4% stake in the Spanish delivery app Glovo. The company currently holds about 43.8% of Glovo shares on a non-diluted basis. ...

Trident Capital has invested $5 M in Deus Robots startup.

Trident Capital has invested $5 M in Deus Robots startup. BGV Trident Capital, founded by Ilya Ponomarev and Co-Founder of ATB Gennady Butkevich, has invested $5 M in the Deus Robots startup created by Pavel Pikulin in 2018. The attracted investments will be...

Thursday, December 30

The EBRD to finance the construction of a new hub for Nova Poshta.

The EBRD to finance the construction of a new hub for Nova Poshta. The bank and Nova Poshta have signed a €13 mln loan agreement to finance the company’s expansion. The loan will be used to build an innovative, automated sorting hub in the south-central Ukraini...

Monday, December 27

Monobank plans to launch the sale of shares and install ATMs in Kyiv.

Monobank plans to launch the sale of shares and install ATMs in Kyiv. The bank plans to launch the sale of shares in the first quarter of 2022, starting with the S&P 500, said the Co-founder of monobank, Oleg Gorokhovsky. “We have made a product for unskilled invest...

One of the largest construction companies plans to triple its investments.

One of the largest construction companies plans to triple its investments. In 2022, the Kovalska Industrial and Construction Group plans to invest UAH 2.4 bln ($88 mln) in developing industrial assets. Kovalska is investing UAH 1.2 bln ($ 44 mln) in production in the Lviv re...

Kherson Airport will receive the first flight.

Kherson Airport will receive the first flight. After reconstruction of a runway, Kherson International Airport will receive its first flight in March 2022, reported open4business. The rebuilding of the runaway is 95% ready, and the installation of...

Thursday, December 23

Shmygal instructed to intensify 2022 the privatization and corporatization of state assets.

Shmygal instructed to intensify 2022 the privatization and corporatization of state assets. Prime Minister Denis Shmygal has set a task for the Ministry of Economy to strengthen reforms in the privatization and corporatization of state assets next year. “Last year, we started the proce...

Slovak NAFTA International B.V. buys out Ukrainian Cub Energy Inc.

Slovak NAFTA International B.V. buys out Ukrainian Cub Energy Inc. CMS Cameron McKenna Nabarro Olswang in Ukraine has advised NAFTA International B.V. (NAFTA), a Slovak oil and gas exploration, production, and gas storage company, on the buyout of its joint venture p...

EBRD, IFC to help structure the first PPP projects in Ukraine’s road sector.

EBRD, IFC to help structure the first PPP projects in Ukraine’s road sector. The EBRD and the IFC will work with the Ukrainian government to attract private-sector investment and improve the country’s infrastructure while creating jobs and accelerating economic recovery. Accor...

Wednesday, December 22

The Ministry of Finance raised UAH 12.1 bln from the sale of domestic government hryvnia bonds.

The Ministry of Finance raised UAH 12.1 bln from the sale of domestic government hryvnia bonds. The volume of sale was similar to sales a week earlier (UAH 5.8 billion), for which it increased the number of auctions to 9 and again slightly raised rates. As a result, the bond rates were: 22-month...

2021 will be a record year for investments in startups.

2021 will be a record year for investments in startups. According to mind.ua, in the first three quarters of 2021, startups worldwide have already managed to attract about $454 bln, while in 2020, the global venture industry reached the level of $ 332 bln....

Ajax Systems to open Research and development in Lviv.

Ajax Systems to open Research and development in Lviv. The CEO of Ajax Systems, Aleksandr Konotopskyi said, “We see a high potential in local developers and students and expect the team to create several new devices during the year. This experience is bei...

Tuesday, December 21

Rozetka is preparing for an IPO.

Rozetka is preparing for an IPO. The initial public offering of shares would allow the online marketplace Rozetka to expand its operations, announced the co-founder, Vladislav Chechotkin. Chechotkin added, “Rozetka’s ambition i...

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