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Production of a composite helicopter starts in Ukraine
Motor Sich (Zaporizhzhia) will produce a passenger helicopter for 8 people made of European composite materials. This was said by Vyacheslav Boguslaev, head of Motor Sich JSC during the forum “Big Construction: Aviation and Tourism”, which took place at the Borispol airport. …
Nov 29, 2021
Privatization of Ukraine’s alcohol industry brought about UAH 2 billion
The State Property Fund (SPFU) has announced demonopolization of Ukraine’s alcohol industry. According to the SPF press service, 30 alcohol companies have been privatized for more than 1.7 billion hryvnias since October 2020 at the auctions. It is noted that…
Nov 24, 2021
Ukraine becomes the world’s second largest exporter of grain
According to the results of the 2019-2020 marketing year, Ukraine is the second exporter in the world after the United States in total exports of all grain crops. This was stated by Taras Kachka, Deputy Minister of Economic Development, Trade…
Nov 6, 2021
Gazprom refused to book additional Ukraine GTS’ capacity for November
Russia’s gas monopoly Gazprom refused to book additional transit capacity of 12 million cubic meters a day through Ukraine Gas Transport System (GTS) for November. This is evidenced by GSA platform data, according to Espresso. According to the data, the…
Oct 20, 2021
Zaporizhzhia titanium and magnesium plant was returned to state ownership
Zaporizhzhia Titanium and Magnesium Plant was returned to state ownership. Previously it was owned by Ukraine oligarch Dmytro Firtash. The Commercial Court of Zaporizhzhia region upheld the claim of the Specialized Anti-Corruption Prosecutor’s Office in the interests of the state…
Aug 8, 2021
“Antonov-Canada”: Ukrainian aircraft will be assembled in Canada
The company “Antonov-Canada” was established in the province of Quebec to promote aircraft developed and manufactured by SE “Antonov” on the international market. It plans to organize final assembly of An-74TK-200 model there. This was reported by Ukroboronprom press service and the…
Jul 28, 2021
Ukrainian coal thermal power plants pollute the air more than the entire European energy sector
The dirtiest power plant in Europe is Ukrainian oligarkh Akhmetov’s Burshtynska coal thermal power plant. Ukraine emits more toxic dust containing heavy metals than all EU countries, Turkey and the Western Balkans combined. This is reported by BusinessCensor referring to…
Jul 12, 2021
Forbes: The richest Ukrainians grew their capital by 42%
Forbes magazine updated its 100 the richest Ukrainians. There are some rotations in the list – 21% of it is represented by new names. The list includes representatives of various industries- metallurgy, pharmaceutical, agrotechnical sector, energy sector, and others. Authors…
May 27, 2021
Yanukovich’s billions: new details about confiscated assets of Ukraine’s ex-President
1,5 billion dollars are returned to the Ukraine state budget – money of ex-president Victor Yanukovich’s entourage, out of which 87% is in real cash. This news is announced by Yevgeniy Enin, deputy Ministry of Foreign Affairs of Ukraine in…
May 13, 2021
Business in Ukraine. How are we surviving the crises?
According to the forecast, the global English language learning market will reach 55 bn USD by 2025, growing by 7% annually. Leveraging this global trend, a Ukrainian startup has launched an online English study school called Allright. This is a…
Dec 11, 2020
Russia grabs Ukrainian lithium
The owners of the exclusive contract for the supply of diesel fuel (produced by the Russian Lukoil) to Ukraine (30% of all supplies from the Russian Federation) – the Grand Prix Oil company – are planning to get another lithium…
Nov 16, 2020
Putin’s agent in Ukraine oligarch Medvedchuk increases his fortune
The capital of Medvedchuk, who tried to abolish the anti-corruption reform through the Constitutional Court, was estimated at $ 780 million. The fortune of Russian President Putin’s crony, Viktor Medvedchuk, is $ 780 million, according to Dragon Capital and NV…
Nov 12, 2020