The number of businesses closed in Ukraine decreased from 32% to 17%. As of the end of April, the number of enterprises that had entirely ceased operations fell to 17% from 32% at the beginning of the full-scale war, as stated in the monthly macroeconomic and monetary r... #business #BusinessduringWar #businessinukraine
According to AmCham Ukraine, most businesses in Ukraine have kept working, even after 50 days of the war. According to a survey, “Doing Business during War in Ukraine. Week 8”, 41% of AmCham Ukraine member companies are fully operational, 50% continue to partially work, 29% have relocated with... #AmChamUkraine #businessinukraine
The Ukrainian government has been instructed to “return small and medium-sized businesses to work.” Volodymyr Zelensky said, “Life should appear on the streets of cities where security allows. Pharmacies, commerce, any business that can just work today. For the country to live. It depends on ... #BusinessduringWar #businessinukraine #WarinUkraine #Zelenskyy
Despite the Russian threat, businesses in Ukraine continue to work, said Andy Hunder. The biggest threat to companies is cyberattacks, said the American Chamber of Commerce president in Ukraine, Andy Hunder. “Companies are now focusing their preparations on cyberattacks, setting... #AndyHunder #businessinukraine
Ukrainian business activity expectations have declined due to quarantine restrictions. The business activity expectations index (IODA) in October 2021 was 51.4 (in September – 53.1), reported the NBU. A month of hard lockdown will cost the economy 0.3% of ... #BusinessActivityExpectations #businessinukraine #UkraineBusinessActivity
The profit of medium and large Ukrainian enterprises has also risen. In the first half of the year, it amounted to UAH 462 billion, which is 76% more than last year. These funds are becoming an important source of domestic investment and wage growth, Shmyhal said. #businessinukraine #Ukrainecompaniesperformance #ukraineprofitsrising
International logistics companies will be able to manage UZ’s container terminals through long term concessions, International logistics companies will be able to manage UZ’s container terminals through long term concessions, Ezugbaya said in the same interview. “International logistics operators will be interes... #businessinukraine #newsukraine #tradeDeficitUkraine Ukrainenews #ukrzalyznitsainvestments #UZ #UZinvestments
German logistics company Hamburger Hafen und Logistik AG, or HHLA, has set up a Ukraine unit to send containers by rail to major cities from Odesa’s German logistics company Hamburger Hafen und Logistik AG, or HHLA, has set up a Ukraine unit to send containers by rail to major cities from Odesa’s Container Terminal. Although container traffic was ... #businessinukraine #newsukraine #tradeDeficitUkraine Ukrainenews #ukrzalyznitsainvestments #UZ #UZinvestments
Through October, Ukraine’s foreign trade was down 9% yoy, to $82.7 billion Through October, Ukraine’s foreign trade was down 9% yoy, to $82.7 billion, reported the State Customs Service. Imports were down 12%, to $43 billion. Exports were down 5%, to $39.6 billion. The trade... #businessinukraine #newsukraine #tradeDeficitUkraine Ukrainenews #ukrzalyznitsainvestments #UZ #UZinvestments
Low oil prices have cut 37% off Ukraine’s oil import bill through October Low oil prices have cut 37% off Ukraine’s oil import bill through October, compared to the first 10 months of last year, reported the State Customs Service. Ukraine paid $2.8 billion for oil imports. ... #businessinukraine #newsukraine #tradeDeficitUkraine Ukrainenews #ukrzalyznitsainvestments #UZ #UZinvestments
Food exports are down 1.7% through October yoy, to $17.6 billion Food exports are down 1.7% through October yoy, to $17.6 billion, reports the Ukrainian Club of Agrarian Business. Trends of major export commodities were: sunflower oil +21%; corn -12%; wheat +6%; so... #businessinukraine #newsukraine #tradeDeficitUkraine Ukrainenews #ukrzalyznitsainvestments #UZ #UZinvestments
Ukraine’s seaports handled 132 million tons of cargo through October, 2% more than during the first 10 months of last year, Ukraine’s seaports handled 132 million tons of cargo through October, 2% more than during the first 10 months of last year, reports the Ukrainian Sea Ports Authority. Exports were up 4%, to 101 millio... #businessinukraine #newsukraine #tradeDeficitUkraine Ukrainenews #ukrzalyznitsainvestments #UZ #UZinvestments
China was the fastest growing buyer of Ukraine’s exports China was the fastest growing buyer of Ukraine’s exports, Prime Minister Shmyhal told the Rada Friday. In October, he said that Ukraine’s exports to China were up by 88%, or by $2.6 billion. To attrac... #businessinukraine #newsukraine #tradeDeficitUkraine Ukrainenews #ukrzalyznitsainvestments #UZ #UZinvestments
Odesa region’s Pivdenniy (Yuzhny) handled 18% more cargo through October, growing at the expense of the three other big Black Sea Ports, Odesa region’s Pivdenniy (Yuzhny) handled 18% more cargo through October, growing at the expense of the three other big Black Sea Ports, according to new figures from the Sea Ports Authority. Almost 4... #businessinukraine #newsukraine #tradeDeficitUkraine Ukrainenews #ukrzalyznitsainvestments #UZ #UZinvestments
In contrast, cargo handled by Mykolaiv was down by 8%, to 25 million tons. In contrast, cargo handled by Mykolaiv was down by 8%, to 25 million tons. Odesa region’s other two big ports saw similar drops: Odesa down by 6%, to 19.4 million tons and Chornomorsk down by 8%, to 1... #businessinukraine #newsukraine #tradeDeficitUkraine Ukrainenews #ukrzalyznitsainvestments #UZ #UZinvestments
First time registrations of used imported cars were up 50% yoy in October, to 38,800 cars, First time registrations of used imported cars were up 50% yoy in October, to 38,800 cars, reports UkrAutoprom, the vehicle industry association. Registrations of new imported cars totaled 8,400 – or ... #businessinukraine #newsukraine #tradeDeficitUkraine Ukrainenews #ukrzalyznitsainvestments #UZ #UZinvestments
The Digital Transformation ministry is launching an English-language version of Diya.Biznes, its online platform for entrepreneurs doing business in Ukraine The Digital Transformation ministry is launching an English-language version of Diya.Biznes, its online platform for entrepreneurs doing business in Ukraine. Currently in test mode, the platform featu... #businessinukraine #newsukraine #tradeDeficitUkraine Ukrainenews #ukrzalyznitsainvestments #UZ #UZinvestments
Qatar Airways intends to resume flights Dec. 18 between Doha and Kyiv Boryspil Qatar Airways intends to resume flights Dec. 18 between Doha and Kyiv Boryspil. For the first two weeks, flights will be three times a week. Last spring, flights were suspended due to the coronavirus ... #businessinukraine #newsukraine #tradeDeficitUkraine Ukrainenews #ukrzalyznitsainvestments #UZ #UZinvestments
Chornobyl Exclusion Zone, a major attraction for foreign tourists, received 31,720 tourists through October, down 71% yoy Chornobyl Exclusion Zone, a major attraction for foreign tourists, received 31,720 tourists through October, down 71% yoy. Due to the fires and the coronavirus lockdown, the area around the ruined nuc... #businessinukraine #newsukraine #tradeDeficitUkraine Ukrainenews #ukrzalyznitsainvestments #UZ #UZinvestments
To draw Chornobyl tourists for longer stays, Kyiv-based tour operators plan to offer next summer kayak tours on the Pripyat River and bicycle tours on a new, 45 km trail To draw Chornobyl tourists for longer stays, Kyiv-based tour operators plan to offer next summer kayak tours on the Pripyat River and bicycle tours on a new, 45 km trail. The trail follows a loop, pas... #businessinukraine #newsukraine #tradeDeficitUkraine Ukrainenews #ukrzalyznitsainvestments #UZ #UZinvestments
Building on the internationally acclaimed “Chernobyl” HBO series, Ukraine’s Culture Minister Oleksandr Tkachenko seeks UNESCO World Heritage Site status for the Chernobyl Exclusion Zone, Building on the internationally acclaimed “Chernobyl” HBO series, Ukraine’s Culture Minister Oleksandr Tkachenko seeks UNESCO World Heritage Site status for the Chernobyl Exclusion Zone, reports the N... #businessinukraine #newsukraine #tradeDeficitUkraine Ukrainenews #ukrzalyznitsainvestments #UZ #UZinvestments
Ukrzaliznytsia plans to increase five-fold its investments next year in wagons, locomotives and track – to almost $1 billion Ukrzaliznytsia plans to increase five-fold its investments next year in wagons, locomotives and track – to almost $1 billion, Irakli Ezugbaya, the new cargo director for the state railroad, told the C... #businessinukraine #newsukraine #tradeDeficitUkraine Ukrainenews #ukrzalyznitsainvestments #UZ #UZinvestments