Business

The Ministry of Digital Transformation is planning to implement an Electronic Residency project allowing foreign businessmen to do business in Ukraine without coming to our country. This was announced by Vice Prime Minister – Minister of Digital Transformation of Ukraine Mykhailo Fedorov on Friday. “We already have a working group, a presidential decree has been written, a draft law has […]

The Polish company Biotrem, which manufactures organic cookware, has opened a representative office in Ukraine. After using the cookware, you can feed animals and birds with it. The company patented a technology that allows making disposable dishes from wheat and corn bran, products ofcassava and algae processing, as well as vegetable based polymers. The raw material is compressed under hot […]

Ceremonial ship launching was held at the Forge on Rybalskyi shipbuilding enterprise in Kyiv. The first medium reconnaissance ship was built for the needs of the Naval Forces of the Armed Forces of Ukraine by order of the defense establishment. “Over the entire history of Ukraine, there have not been many cases of launching powerful armored boats, amphibious boats, and […]

In 2017, the total net value of the assets of the three richest individuals exceeded 6% of Ukraine’s GDP. This was stated by World Bank Vice President for Europe and Central Asia Cyril Muller. “This is almost twice as much as in Russia and three times as much as in Poland. The ratio of the income share of the richest […]

India was named the biggest importer of Ukraine’s agricultural products in 2018. The country is buying beans, vegetables, oat, soybean and sunflower oil from Ukraine. Last year India imported Ukrainian agri-food worth of USD 1,8 billion, reports the Ukrainian Food Export Board (UFEB). In 2018 Ukraine’s export grew by 5,4 per cent reaching USD 14,8 billion, the non-profit association of […]

President of Ukraine Petro Poroshenko increased his total declared income to more than UAH 1.3 billion for 2018. This is reported by the Ukrainian News with reference to data of the Unified Register of Declarations of Persons Authorized to Perform Functions of the State. On January 1, 2019 Petro Poroshenko declared UAH 548,7 million of dividends from the Rothschild Trust […]

All you need to know on the ownership of the biggest shopping centers in the capital of Ukraine, in Kyiv. Russian shopping mall Gulliver This year, Gulliver, the largest retail, office and entertainment center in Kyiv, was put up for sale to clear debts. The auction for the sale of Gulliver, opened in 2013, was initiated by state-owned Oschadbank and […]

During a moratorium on deforestation in Ukraine, exports of wood to EU countries has grown, argopolit reports. During a moratorium on deforestation in Ukraine, its exports to the EU countries increased by 75%, exceeding the mark of € 1 billion in 2017. About this, referring to the British non-governmental organization Earthsight, which is studying the problem of illegal deforestation around […]

The import of Russian books promoting anti-Ukrainian policy is banned in Ukraine. The State Committee for Television and Radio Broadcasting refused to issue permits for two companies to import books from Russia to Ukraine: the Moscow Kremlin and the Symphony of Darkness, the press service of the State Committee for Television and Radio Broadcasting said. In particular, LLC “Jakab Trade” […]

Ukraine would move from old Soviet standards for measuring gas to new ones, adopted in the EU, UkrTransGas reports.

The Program of Economic Cooperation of Ukraine and Russia until 2020, which existed since 2011 was terminated by the Cabinet of Ministers of Ukraine last Wensday. How this could affect the Ukrainian economy?

Who is the biggest trading partner of Ukraine? It is Russia, TradeMap survey says.