InvestinUkraine

Friday, June 3

Ukraine is interested in 337 foreign companies that have left the Russian market. Ukraine is closely monitoring the investment market in Russia and is interested in foreign companies that have stopped working there, said Executive Director of UkraineInvest Serhiy Tsivkach. “W...

Wednesday, December 15

The first two applications for the $96 mln Investment Program were announced. The announcement was made by the Prime Minister, Denys Shmyhal, who was speaking at the opening of the second annual forum UkraineInvest ‘MAKE in UA’. “The projects will be implemented in agricultural...

“The most attractive industries for investment in Ukraine are mechanical engineering, energy, information technology, agriculture, and construction”, said the Minister of Economy, Yulia Svyridenko who was speaking with the Regional Director of the World Bank...

Monday, November 22

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,...

Tuesday, November 9

Ukraine has attracted a record amount of international investment since the beginning of 2021, said the Prime Minister, Denys Shmygal, on Facebook. Ukraine has attracted $ 4.8 bln in foreign direct investment (FDI) in three quarters of 2021. In the first half of the...

Friday, October 15

Shmyhal invites Swedish companies to invest in Ukraine. “Diversification of sources of nuclear fuel supply is one of our priorities in the context of energy security for our country. In addition, Ukraine has fulfilled all the technical conditions to ensure...

Tuesday, October 12

An “Open skies” agreement is planned to be signed at the Ukraine-EU summit on October 12. According to eurointegration.com, a high-ranking EU official, who spoke on condition of anonymity, told reporters ahead of the summit. Agreement on the Common Aviation Area, was first i...

€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...

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...

Monday, May 31

Developing Ukraine’s stock market infrastructure will be the goal of an agreement to be signed this week by Ukrainian authorities with EBRD, USAID and the American Chamber of Commerce. “We are working on the development of the stock market infrastructure,” Prime Minister Shmygal said last week at the UkraineInvest Talks Dnipro International Investment Forum. “There is quite a lot of...

Thursday, May 27

Two regional entrepreneurs – Andriy Stavnitser, co-owner of the TiS port in Yuzhny, and Yuriy Fylyuk, who is recycling a massive Soviet-era gas meter factory in Ivano-Frankivsk – are profiled by Melinda Haring in a National Interest story headlined: “Ukraine’s Future in Being Made Outside Kyiv.” Her conclusion: “The big picture in Ukraine, viewed solely from Kyiv, often look...

Monday, May 17

Mexico’s Grupo Bimbo plans to invest $30 million to build a bakery in the Kyiv region, probably in Fastiv, said Ihor Mariash, General Manager of Bimbo QSR Ukraine, at an investment conference last Friday. In 2017, the company bought the East Bolt Ukraine bakery in Dnipro which produces ...

Tuesday, May 11

Today through Wednesday, 65 speakers will talk about Ukraine’s business climate, problems and opportunities at the U.S.-Ukraine Foundation’s annual Business Expo. Hosted in Washington, the virtual conference brings together American and Ukrainian participants and observers of Ukraine’s contemporary business...

Monday, May 3

Reflecting high demand for Ukraine assets among global investors, the offering attracted over $3.3 billion from 223 investors . The investor base included asset management firms which accounted for 84% of the issue, followed by hedge funds at 9%, insurance and pension funds at 5% and banks at 2%.

Investors from the United Kingdom, the United States and the EU comprised the bulk of demand for the offering – 42%, 34% and 21%, respectively. Investors from Asia and MENA accounted for 3%.

Tuesday, April 6

Capital investment by cross border investors in Ukraine decreased by $868 million last year, the first decline of Incoming Investment since 2015, Bohdan Danylyshyn, Chairman of the National Bank of Ukraine wrote on Facebook. He said: “The key reasons for the low interest of foreign investors in the Ukrainian economy are the weak and underdevelo...

Monday, April 5

The World Bank is discussing a $200 million loan for improving IT higher education , the Finance Ministry wrote on Facebook. The funds will be spent on computers and to tailoring university curricula to real world employer needs. The Digital Transformation Ministry has set a goal of...

Tuesday, March 30

Ukraine plans to attract investment to create “a belt of success” in government-controlled Luhansk and Donetsk, Oleskiy Reznikov, minister for the Reintegration of the Temporarily Occupied Territories, tells Dom TV Channel. In addition to the multilateral aid flowing into the area, he cited talks with Turkish a...

Friday, December 4

The ban on shopping during three weekends in November cost Ukrainian shopping malls about $250 million The ban on shopping during three weekends in November cost Ukrainian shopping malls about $250 million, the Ukrainian Council of Shopping Centers told Interfax-Ukraine. The 30-40% drop in weekend sale...

“Business without Barriers” is a movement promoted by First Lady Olena Zelenska “Business without Barriers” is a movement promoted by First Lady Olena Zelenska to reduce the physical and psychological barriers that prevent people with disabilities from participating in the work f...

DTEK says that almost 3,000 of its 70,000 employees have disabilities DTEK says that almost 3,000 of its 70,000 employees have disabilities, “We are actively introducing the best services for our clients so that our services are as accessible as possible,” says DTEK CEO...

After 12 years of discussion, the Rada yesterday passed a river development bill designed to triple cargo carried on the Dnipro to 30 million tons by 2025. After 12 years of discussion, the Rada yesterday passed a river development bill designed to triple cargo carried on the Dnipro to 30 million tons by 2025. Ships will pass free through river’s six loc...

A revitalised working river will generate an extra $500 million in economic activity A revitalised working river will generate an extra $500 million in economic activity, Infrastructure Minister Vladyslav Krikliy said on his Telegram account. He added that for each 1 million tons of c...

“All over the world, river transportation is the cheapest and most environmentally friendly way of delivering goods “All over the world, river transportation is the cheapest and most environmentally friendly way of delivering goods,” Artem Kovalev, Rada member and chief author of the law, wrote on Facebook. “...

Renewal of the Dnipro is expected to revive two Soviet era economic activities: shipbuilding and river cruise tourism. Renewal of the Dnipro is expected to revive two Soviet era economic activities: shipbuilding and river cruise tourism. Due to global warming, the Dnipro’s ice-free shipping season seems to be expandin...

Ukraine wants to start free trade talks next year with a host of countries, led by its largest trading partner, China, Ukraine wants to start free trade talks next year with a host of countries, led by its largest trading partner, China, Taras Kachka, Ukraine’s Trade Representative, told Evropeiska Pravda. “Currently,...

Ukraine would like to reopen and liberalise the UK-Ukraine agreement that was signed two months ago Ukraine would like to reopen and liberalise the UK-Ukraine agreement that was signed two months ago in London, a rushed deal designed to beat the December 31 Brexit deadline. Also on the list are coun...

Even without a UK-Ukraine trade pact renegotiation, Ukrainian food exporters are showing “great interest” in the expanded duty-free access to the British market Even without a UK-Ukraine trade pact renegotiation, Ukrainian food exporters are showing “great interest” in the expanded duty-free access to the British market, Foreign Minister Dmitry Kuleba told In...

Helped by cheaper energy import prices, Ukraine’s trade deficit in goods is running at half the level of last year Helped by cheaper energy import prices, Ukraine’s trade deficit in goods is running at half the level of last year, reported the State Customs Service. Through November, the trade deficit was $3.93 bi...

Dragon Capital has acquired Lviv Industrial Park located on a 23.5-hectare land plot on the M10 highway, 60 km east of the Polish border. Dragon Capital has acquired Lviv Industrial Park located on a 23.5-hectare land plot on the M10 highway, 60 km east of the Polish border. Five years ago, CTP, the largest developer and operator of war...

Friday, October 30

Two months into the job as head of Ukraine’s state railroad, Volodymyr Zhmak announced yesterday he will drop a $1 billion framework agreement signed in 2018 to buy as many as 200 diesel locomotives from Wabtec Corporation, formerly GE Transportation Two months into the job as head of Ukraine’s state railroad, Volodymyr Zhmak announced yesterday he will drop a $1 billion framework agreement signed in 2018 to buy as many as 200 diesel locomotives f...

Through late July, Ukrainian officials repeatedly said they are negotiating to sign a contract by the end of this year to buy another 40 locomotives from Wabtec – a purchase that would carry a $185 million price tag Through late July, Ukrainian officials repeatedly said they are negotiating to sign a contract by the end of this year to buy another 40 locomotives from Wabtec – a purchase that would carry a $185 mi...

Most of UZ’s rolling stock have passed their intended life expectancies Most of UZ’s rolling stock have passed their intended life expectancies, Zhmak gave these ‘depreciation rates: UZ’s 958 electric locomotives and 227 diesel locomotives — 96%; 41,138 freight cars...

Austria’s Rail Cargo Group is launching a new weekly container freight train from central China to Vienna, through Ukraine. Austria’s Rail Cargo Group is launching a new weekly container freight train from central China to Vienna, through Ukraine. Separately, Rail Cargo, a unit of Austrian Federal Railways (ÖBB), recently ...

In the latest move to remove big trucks from Odesa’s residential areas, Euroterminal has started to build a rail spur In the latest move to remove big trucks from Odesa’s residential areas, Euroterminal has started to build a rail spur to the Odesa-Peresyp rail cargo sorting yard, about five kilometers north of the h...

4G mobile telephone usage by Kyivstar subscribers was up 50% yoy in the third quarter, 4G mobile telephone usage by Kyivstar subscribers was up 50% yoy in the third quarter, reports Ukrinform. The 4G network of Kyivstar, the nation’s largest mobile company, now reaches 84% of Ukraine’s ...

Belarus closed its borders yesterday afternoon with Lithuania, Poland and Ukraine Belarus closed its borders yesterday afternoon with Lithuania, Poland and Ukraine, reported Belarus’ State Border Committee, citing “the existing epidemiological situation in neighboring countries.” A...

Rada members must prepare new bills marked ‘urgent’ to restore anti-corruption legislation Rada members must prepare new bills marked ‘urgent’ to restore anti-corruption legislation invalidated Tuesday by the Constitutional Court, President Zelenskiy said yesterday in an emergency National ...

If the National Security Council identifies the Constitutional Court’s actions as a threat to Ukraine’s security, If the National Security Council identifies the Constitutional Court’s actions as a threat to Ukraine’s security, “Zelenskiy might propose a draft law that would reboot the court and fire all of its 1...

Court actions dismantling anti-corruption bodies drew fire yesterday from the EU and G-7 ambassadors in Kyiv Court actions dismantling anti-corruption bodies drew fire yesterday from the EU and G-7 ambassadors in Kyiv. Analysts say at risk are: visa-free access to the EU and the IMF Stand-by Agreement.

Foreign and national construction companies will be able to participate in up to $2 billion worth of contracts to rebuild 1,500 km of highways in Ukraine through 2023 Foreign and national construction companies will be able to participate in up to $2 billion worth of contracts to rebuild 1,500 km of highways in Ukraine through 2023, government officials announced y...

The first phase focuses on ‘brownfields’ – upgrading existing roads The first phase focuses on ‘brownfields’ – upgrading existing roads. These highway sections will be become Ukraine’s first toll roads, but will be “installment roads,” Krykliy said. Under this system ...

Ukraine’s PPP system is being developed with the advice of the World Bank’s IFC Group. Ukraine’s PPP system is being developed with the advice of the World Bank’s IFC Group. Since 2014, IFC has advised governments on 147 public-private partnerships, an effort expected to draw $33 billio...

Ukravtodor plans to repair 6,800 km of roads next year, almost 30% more than the target for 2020, Ukravtodor plans to repair 6,800 km of roads next year, almost 30% more than the target for 2020, Alexander Kubrakov, head of the state highway agency, said yesterday at the presentation of the public...

Tuesday, August 25

With the minimum monthly wage set to rise to $182 (UAH 5,000) next Tuesday, Zelenskiy says the budget can “definitely support” the hike With the minimum monthly wage set to rise to $182 (UAH 5,000) next Tuesday, Zelenskiy says the budget can “definitely support” the hike. On July 1, the minimum wage is to increase by 30%, to UAH 6,500...

Grain sales were down 18% yoy in July, Grain sales were down 18% yoy in July, reports UNIAN citing the Ministry of Economic Development, Trade and Agriculture. Due to bad weather, much of the harvest is late.

Steelmaker ArcelorMittal has transferred 50 million tons of slag to the government for the national road construction program Steelmaker ArcelorMittal has transferred 50 million tons of slag to the government for the national road construction program, reports Interfax-Ukraine, citing the company. Earlier this year, Arcelor ...

Interpipe, Ukraine’s largest pipe and wheel producer, will redeem at par 97 million of its 2024 notes this week Interpipe, Ukraine’s largest pipe and wheel producer, will redeem at par 97 million of its 2024 notes this week, according to the company.

IKEA Ukraine plans to offer 5,000 items in its first physical store in Kyiv IKEA Ukraine plans to offer 5,000 items in its first physical store in Kyiv, says Florian Melle, Ukraine director of Ikea. He said: “A city-format store will open in Kyiv without a food department and...

Energy traders imported 345,000 megawatts of electricity in the first quarter of 2020 Energy traders imported 345,000 megawatts of electricity in the first quarter of 2020, reports NERC. The imported electricity was from Slovakia, Hungary, Romania and Belarus.