Ukrainian business giants will help their smaller counterparts to resume trade. Large Ukrainian companies have united to help restore domestic producers and sellers of goods affected by the war. These companies are OLX, lifecell, Webpromo, Visa, monobank, Ringostat, Nazovni, and ... #NAZOVNI #UkraineEconomy #UkraineTrade #ukrainianbusiness
Blackouts have forced only 1% of Ukrainian businesses to stop working. According to an European Business Association (EBA) study, during constant power outages over the past two months the instability of electricity supply forced 66% of companies to change their work sc... #BusinessduringWar #UkraineBlackout #ukrainianbusiness
The IFC will provide $2B in finances for Ukrainian businesses. The Board of Directors of the International Finance Corporation (IFC), which is part of the World Bank, has supported a $2B financing program for Ukrainian businesses, Ukraine’s Economy Minister... #GrantsForBusiness #ifc #ukrainianbusiness #YuliyaSvyridenko
Due to blackouts, some Ukrainian companies are ready to stop production. Mass blackouts have become a significant test for all business sectors. So far, companies have not been forced to close, but some are already considering the possibility of suspending production, said... #AnnaDerevyanko #UkraineBlackout #UkraineENergySystem #ukrainianbusiness
The National Bank is assisting Ukrainian exporters in entering new markets. The National Bank created the conditions for Ukrainian exporters to participate in tenders for the supply of goods to non-residents. Since November 5, banks have been allowed to provide tender guarant... #nbu #ukrainianbusiness #UkrainianExport
Ukrainian business will be able to borrow billions from the US federal government. The United States Development Finance Corporation (DFC), an agency of the US federal government, is ready to lend money to Ukrainian businesses within the framework of individual projects in amounts r... #DFC #LoansforBusiness #ukrainianbusiness
Ukrainian businesses have started operating in foreign markets in order to survive. According to a Mastercard SME Index study, almost a third of Ukrainian enterprises already operate not only in the domestic market but also for foreign markets. It is noted that currently, among the p... #ExportofUkrainianGoods #UkraineGoodsforForeignMarkets #ukrainianbusiness
Lithuania exempts Ukrainian entrepreneurs from taxes. Ukrainian entrepreneurs (FOP), who moved due to the attack of the Russian Federation on Ukraine, are not obliged to pay taxes or submit a tax return, Lithuanian authorities have officially announced. ... #businesstaxes #UkraineLithuania #ukrainianbusiness
Almost 65,000 Ukrainian enterprises remain in the occupied territories. About 65,000 businesses (5% of the total legal entities in Ukraine) work in the temporarily occupied territories, reported Opendatabot. With the start of a full-scale war on Ukrainian territory, busin... #BusinessduringWar #businesstaxes #ukrainianbusiness
Ukrainian business abroad has been exempted from the risk of double taxation. Ukrainian authorities have solved one of the key problems of entrepreneurs abroad – the risk of double taxation. In particular, it is now possible to get a certificate confirming Ukrainian tax r... #businesstaxes #ukrainianbusiness
Ukraine has developed a methodology for determining business losses due to war. The Ministry of Economy, together with the State Property Fund, completed the development of a methodology for determining the losses suffered by enterprises as a result of the Russian Federation’s mi... #UkraineDamages #ukrainianbusiness
Most Ukrainian entrepreneurs reported a significant income decrease due to the war. According to a Mastercard survey, 79% of respondents stated a decline in business volume. This reduction ranges from 50% to 99% for half of the entrepreneurs. However, every fifth entrepreneur managed... #UkraineBusinessDuringWar #ukrainianbusiness
The business activity expectations index increased by 2 points in July. Ukrainian business has somewhat improved the assessment of its economic activity prospects. The index of business activity expectations in July 2022 increased to 43.6 points against 41.3 in June, stat... #BusinessExpectation #ukrainianbusiness #БізнесНовиниУкраїни
More than 424 Ukrainian entrepreneurs will receive state grants. About UAH 98.2M will be transferred to their accounts, the press service of the Ministry of Economy reported. It is noted that entrepreneurs can spend the funds on purchasing or leasing equipment, ren... #GrantsForBusiness #stategrants #ukrainianbusiness
Ukraine’s business relocation trends during the war. Most businesses moved within Ukraine to the central or western regions, 11% of surveyed enterprises relocated abroad, and 17% said that they moved both within Ukraine and abroad, reported a Gradus sur... #BusinessduringWar #BusinessRelocation #ukrainianbusiness
