Investments

Tuesday, October 12

€6.5 bln EU investment program for Ukraine. At the EU-Ukraine summit, there will also be announcements of EU support which should attract several billion in investments to Ukraine. “An investment package of 6.5 billion euros will be launc...

Kovalevsky distillery was privatized for UAH 23.2 mln ($880,000). Three participants registered to participate in the auction. The price of the distillery during the auction increased two-fold against the starting price. “The new owner will receive 33 properties wit...

Friday, October 8

The auction for the sale of frequencies for 5G communication will be held in Ukraine in 2022, said the Minister of Digital Transformation Mykhailo Fedorov. “Next year we plan to put up frequencies [for 5G communication] at tenders for the operators,” said Fedor...

Five projects for the construction of highways attract the interest of investors. Ukraine is actively looking for ways of effective cooperation between business and the state. Speaking at the Kyiv International Economic Forum, the Prime Minister, Denys Shmyhal, said, “Next year, I ...

Boeing maintenance hangars to be built at Kharkiv airport. At the International Conference in Kharkiv: “Development and Investment”, Kharkiv City Council and Avia Solutions Group signed a Memorandum of Cooperation. The parties agreed to build hangars fo...

The first land auction in the Prozorro.Sales system has been announced. The first auction for the lease of communal agricultural land has been announced in the state electronic trading system Prozorro.Sales on November 9, 2021. A 2.1-hectare plot of land was put up for au...

Ukrainians purchased UAH 2 bln ($75.5) in Government bonds from PrivatBank. Since the beginning of 2021, Ukrainians have purchased more than UAH 2 bln worth of domestic government bonds through Privatbank, of which 65% (almost UAH 1.3 billion) are online through Privat24. At ...

Thursday, October 7

The investment firm, Dragon Capital, has entered the banking sector. They will develop Unex-Bank as a separate business, as an independent universal bank, which will service both retail clients, and those in the corporate sector, namely SMEs, said the founder of Dragon...

Ukrzaliznytsia sells non-core assets. UZ will sell real estate on October 19 and November 4 on Prozorro.Sales platform. The company plans to sell 9 lots of real estate and another 7 assets which were not sold in the last auction. These as...

The US firm, Virtuozzo, has purchased the Ukrainian developer of cloud services Jelastic. Virtuozzo is a company that specializes in virtualization software has bought the Ukrainian IT developer of cloud services Jelastic. The transaction was announced by the CEO of Jelastic, Ruslan Sinits...

Wednesday, October 6

The Black Sea Trade and Development Bank has approved 53 investment projects in Ukraine valued at €842.7 mln. Full funding has already been allocated for 48 projects valued at €776.2 mln in Ukraine. “This confirms the status of Ukraine as an active participant in international economic relations”, said the De...

The Ministry of Finance has sold bonds to the value of UAH 2.465 bln ($93 mln) . At the Bond auctions, the Ministry of Finance offered investors six issues of securities in the national currency. The weighted average yield of 6-month was 9.70%, 1-year – 11.50%, 1.5-year &#...

Vinnytsa Airport to borrow UAH 300 mln ($11.32 mln) from Ukreximbank. The Vinnytsia City Council has signed a loan agreement to finance the reconstruction of Vinnytsia Airport. The loan will be used for construction in the amount of UAH 300 mln ($11.32...

FM Logistic Ukraine will invest $ 25-30 mln in the construction of 20,000 square meters, the fifth phase of their logistics complex in the Kyiv region. “The construction of these buildings, plus their equipment, will require $ 25-30 mln in inve...

IT is the road to Ukraine’s brighter future. This is the theme of the EBA IT Conference which will be held on October 11, 2021. It will provide participants the opportunity to hear presentations by industry leaders in the IT sector, CEOs of lead...

Ukraine presented the country’s investment potential at a forum in Paris, France. The Ukrainian delegation has presented investment opportunities within the framework of Paris InfraWeek, the annual international investment forum dedicated to infrastructure, according to the Ukraini...

Tuesday, October 5

Efficient industrial parks in Ukraine can create more than a thousand jobs , said Oleksii Chernyshov, the Minister for Communities and Territories Development. He said that “An efficient regional network of industrial parks can create thousands of new jobs in the regions. Th...

Air taxi from Kharkiv. Kharkiv FED has signed agreements with European industrial firms to implement an air taxi project. The announcement was reported in the Kharkiv Region administration press service. Working with the pa...

The State Property Fund held more than 1,500 auctions since the beginning of 2021. The State Property Fund of Ukraine (SPFU) earned more than UAH 2.2 billion ($83 mln) from the auctions “Privatization is, first of all, the transformation of unprodu...

Foreign direct investment in Ukraine in the first half of 2021 reaches record levels for the first time in four years. “In the first half of 2021, foreign direct investment in Ukraine amounted to $ 2.83 billion, of which $ 2.33 billion came from the European Union. Investment growth in the first half of the year...

Crypto ownership in Ukraine is a higher investment in this currency than in the US. As of 2021, Ukraine tops the ranking, beating the US. It is estimated that over 5.5 million people, 12.7% of Ukraine’s total population, currently own cryptocurrency (ukrinform). According to Triple-A...

Eco Baltia looking at opportunities to build waste processing infrastructure in the Cherkasy region. The Latvian waste processor, Eco Baltia Vide, is undertaking preliminary work to develop waste processing infrastructure in the Cherkasy region. Working with EBRD programs, the company is looking at a...

Monday, October 4

September Business Outlook Survey (BOS) shows that businesses remain upbeat about their performance outlook. In the first month of fall, businesses remained upbeat about their performance outlook on the back of robust consumer demand, a favorable...

The Ukrainian pavilion at the World Expo 2020 Dubai is open for visitors. For the first time, Ukraine is presenting its national pavilion at the Expo to the world. According to the Deputy Minister of Economy, Mykhailo Lev, “The goal is to demonstrate that Ukraine is about i...

New Solar power plants for Vinnytsia City. Vinnytsia City Council a program for the construction of solar power plants for their own consumption by healthcare institutions, and utilities of Vinnytsia city territorial community for 2022-2026. T...

Technology companies have the best opportunity to attract strategic investors. “Quantitative changes in technology, the introduction of state-of-the-art solutions based on “smart systems”, associated with the widespread introduction of so-called smart, cyber-physical...

Friday, October 1

Ukrainian stock market has its first IPO The first for many years with the placement of 500,000 common shares of the Football Club Veres at the PFTS stock exchange in Kyiv. The announcement was made by Taras Teryuchnyi on Linkedin. The share...

Thursday, September 30

Producers of Renewable Energy have received UAH 80 billion ($3 bln) in “green” tariffs. The payments made by the state enterprise “Guaranteed Buyer” to Renewable Energy producers have exceeded UAH 80 billion ($3 bln). At the same time, the share of “clean” generat...

Prozorro Auction for the lease and sale of the land. The online auction site began accepting bids for the lease of state and communal agricultural land, and the sale and lease of non-agricultural land. The function of https://prozorro.sale/ was to ensur...

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...