Investments

Wednesday, September 29

Zelensky changes the composition of the National Investment Council (Ukrinform). The National Investment Council now includes the Chairman of the Board of Directors at the Dutch company VEON Ltd, Gennady Gazin; the Chief Representative of the Polish State Oil and Gas ...

Candy factory will be built In Vinnytsia for $ 3.8 mln. The facility to manufacture the confectionary brand Snail Bob will create 350 new jobs, and boost the local economy. The Vinnytsia City Council assisted the investor in approving the design of the pro...

ABB’s E-mobility division strengthens global leadership with investment in Ukrainian startup GO TO-U. As part of its strategy to drive broader adoption of electric vehicles around the world, ABB’s E-mobility business has announced its investment in Los Angeles-based startup GO TO-U. Founded in 2017, G...

Tuesday, September 28

Prime Minister and USAID sign an agreement aimed at improving the healthcare system and providing economic growth. The Cabinet Minister of Ukraine and the U.S. government have signed an Additional agreement to the Contract on the implementation of task development” for a total of $9 million. “Thanks to this ...

Kernel Verevsky bought back $50 million of its shares. Kernel’s subsidiary Etrecom Investments Limited of Cyprus has repurchased 3.23 million shares of Kernel shares at PLN 60 per share for a total of PLN 193.62 million (approximately $ 49.3 million...

Friday, September 24

Ukraine startups presenting at World Web Summit. The event takes place in Lisbon, Portugal between November 1-4. Web Summit brings together the people and companies redefining the global tech industry, and this year the event expects 70,000 visitors...

GUAM foreign ministers discuss the development of international logistics across countries. Dmytro Kuleba took part in a meeting of the Council of Ministers for Foreign Affairs of the Organization for Democracy and Economic Development – GUAM (ukrinform). “We have outlined certain economic s...

The State Property Fund is selling a distillery in the Poltava region. For the fourth time, the State Property Fund has put the Vishnyakovsky distillery up for auction. The asset includes the separate property of the Vishnyakovo place of operation and the storage of alco...

Business confidence buoyed by financial strength by end-2021. In 2021, 90% of business representatives gave an upbeat forecast on their companies’ financial health at the end of the year: 62% will achieve planned financial results, 28% will achieve more th...

Thursday, September 23

Farmak opens an office in the UAE. The Ukrainian pharmaceutical company has opened an office in the United Arab Emirates and plans to further strengthen its expansion in the Middle East and localization in Saudi Arabia and Egypt. The c...

The EBRD will lend €13 mln to Nova Poshta. The European Bank for Reconstruction and Development (EBRD) will provide a loan of €13 mln to Nova Poshta for the construction of an automated parcel sorting terminal in Dnipro. Announced on the EBRD ...

Wednesday, September 22

The first caravan of 2 barges and 1 tug passed through the newly build Dnipro lock. It is planned to implement a series of such locks to improve Dnipro River logistics. This type of lock allows ships to save up to 8 hours in one pass. The saved time will allow the shipowner to make u...

“OdessaVinProm” was sold by the State Property Fund of Ukraine for UAH 234.9 mln ($8.8 mln). In the announcement, the fund said that 12 companies took part in the auction, and the starting price of the asset increased more than three-fold from 65 million to 234 million 900 tho...

Tuesday, September 21

The ports of Ust-Dunaisk, Belgorod-Dniester, and Skadovsk will be privatized. Local and cross-border investors will be able to participate in online auctions for the privatization of the three ports in the sea harbors of the Odessa region. The privatization was announced by the...

Metinvest enterprises will allocate UAH 26.7 billion for dividend payments. PrJSC Mariupol-based Illich Iron and Steel Works (Donetsk region) will pay UAH 11.004 bln for the payment of dividends from retained earnings, Azovstal – UAH 7.718 billion, PrJSC Dniprovsky Coke and C...

The Deputy Chairman of the Fund, Yuliya Byelova, announced that the new Automatic Real Estate Valuation Service has already issued 380 thousand certificates. The Automatic Real Estate Valuation Service is an innovative product that allows users to quickly and free of charge receive certificates with the appraised value of their real estate. The Valuation S...

Foreign direct investment growth in Ukraine. UkraineInvest has already received applications for almost $ 2 billion of investment, announced its CEO, Sergiy Tsivkach. In the first half of the year, foreign direct investments increased by $ 2.7 b...

Ukrzaliznytsia agrees to pay some of the Debt to VR Global Partners L.P. In 2019, Ukrzaliznytsia’s debts to PJSC Prominvestbank valued at $153.25 million were sold to VR Global Partners L.P. UZ stating that they are ready to pay only confirmed debt obligations and ar...

Kharkiv’s IT success shows the way for other Ukrainian cities. Ukraine’s second-largest city, Kharkiv, is well on its way to becoming a major regional IT powerhouse, according to a new report from the Kharkiv IT Cluster. Carried out in partnership with KPMG, the ...

Monday, September 20

New Technology Park in Kyiv planned. The National University Kyiv-Mohyla Academy (NaUKMA) together with the Bureau of Investment Programs (BIP) NGO are planning to create a technology park in an educational building located at 2/4, Glazu...

NovaPay payment system becomes a partner of Visa and MasterCard. The NovaPay payment system has become a member of the international payment systems Visa and MasterCard. The company claims that NovaPay is the first among private non-bank financial institutions to h...

Ukrainian startup GitLab has applied for an IPO on the US stock exchange. So far, GitLab has attracted more than $ 400 million in investment. The initial public offering will take place on the US Stock Exchange NASDAQ. Placement will take place under the GTLB ticker. In 201...

Friday, September 17

UkraineInvest plans to launch “Make in UA” program aimed at stimulating the investment market development for the entire country. “Make in UA” program highlights the most promising sectors and regions for placing production facilities in U...

Thursday, September 16

Lithuanian business invested EUR 180 mln in Ukraine last year. Investments were concentrated in the financial sector, insurance, wholesale and retail trade reported ukrinform. In addition to direct investment, the trade turnover between our countries reached € 1....

Private laboratory market to exceed EUR 1 bln by late 2021 reported Interfax-ukraine. According to the Commercial Director of Synevo, Mykola Skavronsky, the value of turnover in the private laboratory market in 2021 will exceed EUR 1 billion. Prior to the Covid19 outbreak, the private ...

Wednesday, September 15

Over the two years of the “Great Privatization” and the “Small Privatization”, the budget of Ukraine received a boost in revenue valued at 4.5 bln hryvnias ($165 mln) . Speaking with TV channel DOM, the Deputy Chairman of the State Property Fund of Ukraine, Kostiantyn Koshelenko announced. Legislatively, privatization is divided into large and small. “Large-s...

UkraineInvest has received 23 project applications from potential investors totaling more than $ 2 billion. “There are investment nannies in Ukraine. UkraineInvest has been identified as a key institution with nine team members guiding large investment projects. To date, 23 investors have applied to t...

The Ministry of Agrarian Policy and Food of Ukraine is working with investors from the UAE who have expressed interest in investments in Ukraine’s agricultural sector. This includes UAE institutions and companies in the irrigation sector. The subject was the matter of discussion during a meeting of the Agrarian Policy Ministry representatives with the UAE government...

Direct investment projects of Shanghai in Ukraine in telecommunications, energy, and agriculture sectors, reported the Odessa Journal. Shanghai is developing a number of projects in Ukraine in the agro-industrial sector and foresees prospects for cooperation in energy, infrastructure, agriculture, accordi...

When should we expect foreign investors? “There are more foreign investors coming to us. I hope Concorde Capital and I will become pioneers in the sense of attracting Western investments to Ukraine. I’m sure we’re going to have a...

Tuesday, September 14

In other upgrades to its network, Smilyanksy announced Ukrposhta plans to computerize another 1,250 villages with a population of up to 1,200 people by February 2022. “We will launch 800 more vehicles this year and about 900 more next year so that the whole country will be covered with mobile units by June 2022”. (Interfax-Ukraine)

Fund of Funds in Ukraine for US investors. The Minister of Digital Transformation of Ukraine, Mykhailo Fedorov, has presented an idea of launching a Fund of Funds in Ukraine for US investors. “The state will not only invest in startups b...

Monday, September 13

Bosch will open a new plant in Ukraine. The German Company manufacturing company will build a facility which will manufacture power tools. It will be considering the location of the manufacturing hub after meeting with Minister of Economy, ...

Friday, September 10

Conference on the investment potential of Vinnytsia region. It’s taking place in Vinnytsia on September 10 and will be organized jointly by the Government Investment Promotion Office UkraineInvest and Vinnytsia Regional State Administration. The event is an ex...

Thursday, September 9

Ambassadors discuss preparations for Ukraine Reform Conference. The Ambassadors of the G7 countries exchanged views on plans for the Ukraine Reform Conference 2022 with representatives of the Swiss embassy. The 5th Ukraine Reform Conference will be held in the Swi...

Tuesday, September 7

Ukraine’s embassy in Beijing hosts an investment forum. On September 5, the Embassy organized and hosted the 3rd Ukrainian Investment Forum for Chinese entrepreneurs within the China Beijing International Fair for Trade in Services (CIFTIS-2021). The focus...

Large-scale privatization is underway . The process was unlocked by the parliament in March 2021. According to Deputy Head of the President’s Office, Kyrylo Tymoshenko, a four-fold increase in state budget revenues from privatizatio...

A starting price of almost UAH 1.4 bln was proposed for the Bilshovyk plant. The Auction Commission for the privatization of the First Kyiv Machine-Building Plant (formerly Bilshovyk), has proposed a starting price of UAH 1.398 billion, the Head of the State Property Fund (SPF...

The Verkhovna Rada to consider the bill on industrial parks. According to the Speaker, Dmytro Razumkov, during their first week back after the summer recess, lawmakers are planning to vote on a bill on industrial parks aimed at attracting investment in the indu...

Thursday, September 2

Master Agreement on Research, Development, Testing and Evaluation Projects signed. Its purpose is to deepen bilateral cooperation in science, technology, and military-technical areas, and contribute to the development of an international legal base for the conclusion of contracts on...

Wednesday, September 1

Motor Sich and Antonov sign UAH 920 million agreement. Motor Sich has signed a major contract with Antonov aimed at increasing engine life for the Mriya and Ruslan cargo aircraft, Defense Express reports. According to the ProZorro site, the expected volum...

Monday, August 30

Ukraine seeking Swiss investment for railway development. The Ministry of Infrastructure, and JSC and Stadler CIS AG, Stadler Rail AG (Switzerland) and the Swiss Export Risk Insurance Agency SERV have signed a memorandum determining the principles and mechan...

LUN housing search service wants to attract foreign investment. It has launched a campaign to attract international investment in residential real estate in Ukraine. According to LUN, the volume of the market for new buildings in Ukraine is about $4 billion per ye...

Kyiv Investment Forum to focus on smart development of Kyiv region. According to Kyiv mayor Vitali Klitschko, this year’s Forum will be held on September 10 and will be dedicated to the smart development of Kyiv region and its creative transformation. The city is hopi...

Thursday, August 26

Saudi Arabians interested in Ukrainian startups. The CEO of the TaibahVally investment campaign and one of the leaders of the national investment program “Saudi Vision 2030”, is in Ukraine looking for profitable and innovative areas for ...

Wednesday, August 25

Metinvest offers to buy out shares from minority shareholders of Pokrovske Colliery. Along with its affiliates, Metinvest wants to buy out shares from minority shareholders in Ukraine’s largest coking coal producer, PrJSC Pokrovske Colliery (Donetsk region), under the squeeze-ou...

Thursday, August 19

To promote exports to nontraditional markets, the Cabinet of Ministers allocated $67.5 million yesterday to Ukraine’s Export Credit Agency, Prime Minister Shmyhal announced on Telegram. Noting that Ukraine’s exports were up 31% yoy in the first h...

New foreign investment in construction in Ukraine should add up to $2 billion by 2025, Valeriy Kodetsky, president of City One Development, tells Interfax-Ukraine. “Powerful foreign investors” are interested in building new factories and production facilities, participating in large infrastructure projects, and building commercial and res...

Foreign investors plan to spend $80 million to build in a Ukraine a plant for float glass – the kind of glass used for modern windows. Without naming the investors, Kodetsky said this plant could supply up to 30% of Ukraine’s needs and would cut building glass costs by 20%.

Pushing a plan to create a national airline for Ukraine, President Zelenskiy met yesterday in Kyiv with Marc Rochet, CEO of Aerogestion, a Paris-based airline consultancy. Noting the modernization of regional airports, Zelenskiy said a regional airline woul...