Business

 Businesses operating in communal areas are exempt from rent. Today, March 30, the Kyiv City Council met for the second time since the beginning of a full-scale Russian invasion of Ukraine. The main issues of the meeting were the decisions that will stimulate the work of the capital’s business. This was announced by the mayor of Kyiv Vitali Klitschko. 90 […]

According to the adviser to the Minister of Internal Affairs Viktor Andrusiv, a Russian soldier handed over a tank to Ukrainian soldiers for a reward.  After the war, the Russian will receive $10,000.  “First, the police identified phones used by Russians. Those were Ukrainian numbers. We regularly send text messages to those phones about how to surrender and hand over […]

President Volodymyr Zelensky in his latest address to the nation has introduced incredible tax changes to help Ukrainian business survive in the new conditions. The Cabinet of Ministers of Ukraine has agreed on a package of decisions to support our economy. So that business works. So that people have jobs. Where security allows. Where people are ready for it. First, […]

Volodymyr Zelensky signed a law on confiscation of assets or property in Ukraine owned by Russia or Russian citizens. Assets or property in Ukraine owned by the Russian Federation and its residents are confiscated without any compensation (reimbursement) of their value due to the full-scale aggressive war waged by the Russian Federation against Ukraine and the Ukrainian people. The decision […]

The United Kingdom will allocate almost 2 billion pounds for British-Ukrainian projects, including in infrastructure and energy.  This was announced by President Volodymyr Zelensky after the talks with British Prime Minister Boris Johnson. “In addition to funds for the Ukrainian Navy, the United Kingdom is allocating almost 2 billion pounds for the implementation of joint with Ukraine specific mutually beneficial projects […]

Ukrainian assets and hryvnia are falling sharply amid ongoing Russian aggression: what are the consequences? For the second day in a row, Ukraine’s Eurobonds are falling sharply in price due to the risk of a full-scale invasion of Ukraine after unsuccessful US-NATO talks with Russia. What about Eurobonds? Quotations for Ukraine’s Eurobonds on the market continued to fall on January […]

The Antonov State Enterprise demonstrated the An-178-100R military transport aircraft designed for flight certification tests. This was reported by the Defense Ministry of Ukraine news agency. An-178-100R was created on the basis of modern world information technologies. It is equipped with hundreds of electronic computers allowing for integration of all systems and sensors of the aircraft, automation of monitoring their performance and […]

“UKRHYDROENERGO” has commissioned the fourth hydro unit of the Dnister Pumped Storage Hydroelectric Power Plant with a capacity of 324 MW. This was reported by the company’s press service. The total installed capacity of the Dniester PSP reached 1,296 MW in turbine mode, and 1,684 MW – in pump mode. The plant will consist of seven hydro units with a total capacity of 2,268 […]

The Security Service of Ukraine (SBU) blocks smuggling of one of the world’s most expensive metals for $ 2 million. This was reported by the SBU press center. Special services in the Kherson region found that two Ukrainians tried to smuggle osmium to one of the neighboring countries.  Law enforcers exposed the offenders during a customs inspection at the Kuchurhan-Pervomaisk […]

Ukraine reduced natural gas reserves in its underground storage facilities by 18.5%, or 15.24 million cubic meters from October 2 to December 12, 2021. This is evidenced by the data of the gas storage operator JSC “Ukrtransgaz.” According to Ukrtransgaz, the volume of gas in Ukraine’s underground storage facilities decreased by 687.2 million cubic meters in October (average daily gas offtake – […]

In 2022, Ukraine plans to launch a fund of funds that will support other investment funds. UAH 300 million (or USD 111 million) to be allocated. The expenditures for this project are provided in the 2022 budget, which was supported by the parliament on December 2, 2021. In its turn, the state counts on budget revenues from its activities. AIN.UA asked […]

Ukraine’s shipbuilding companies have signed a contract with French partners to build five ships for the State Border Guard Service in Mykolayiv. According to Deputy Interior Minister  Serhiy Honcharov, “Within the framework of this project, it was important for Ukraine to localize and involve Ukrainian companies in production. As a result of the agreement, we will be able not only to create […]