Business
Is the head of the State Rear Operator, which is state enterprise under the Ministry of Defence of Ukraine, Arsen Zhumadilov still involved the illegal transport and financial business in the occupied territories? Here below we publish the investigation of Ukrainian activist and human rights defender Oleksandr Aronets, which was posted a few days ago on censor.net. From Skadovsk to Moscow and back to the Ministry […]
The monitoring group of the Black Sea Institute for Strategic Studies and BlackSeaNews is not surprised to report that miracles in this world have not ended, and we no longer have any anger or disappointment – only sarcastic laughter. So, on December 7, 2023 at 02:40, the tanker AVENCA, IMO 9410002, brought 50 thousand tons of Russian oil products by […]
USD 25 thousand each for development: two enterprises in Mena, Chernihiv Oblast, received grants. For the first time since the beginning of the full-scale invasion, a new enterprise has started operating in the Menshchyna region, SUSPILNE reports. It is a garment factory opened by local resident Vasyl Kondakov. He submitted his project to the American PEARL grant program and won […]
Ukrainian farmers that produce grain need government support now. This opinion was expressed by Dmytro Solomchuk, MP, member of the Verkhovna Rada Committee on Agrarian and Land Policy, AGRO PORTAL reports. He noted that Ukrainian farmers are currently in a difficult situation: low prices for agricultural products due to logistical problems and, at the same time, high over-indebtedness of the […]
Belgium intends to create a special fund to support Ukraine in the amount of 1.7 billion euros this year, using the proceeds from the retention of frozen Russian assets in the country. This was stated by Belgian Prime Minister Alexander de Croo at a joint press conference with President of Ukraine Volodymyr Zelenskyy in Brussels, an UKRINFORM correspondent reports. “The […]
The value of Ukraine’s mineral resources is estimated at $15 trillion, most of them in the regions attacked by Russia The value of all Ukraine’s mineral resources is estimated at $14.8 trillion, with more than 70% of the reserves in three oblasts – Donetsk, Luhansk, and Dnipro. This is according to the calculations of the Ukrainian edition of Forbes based […]
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. “We have built a production line for 60 helicopters a year. Now we are building 20 helicopters. If there are […]
Two of co-founders of Grammarly, Maksym Lytvyn and Oleksiy Shevchenko, became dollar billionaires because the company raised $ 200 million in the public round and increased its capitalization to $ 13 billion. “The $ 200 million investment round not only catapulted the company’s value to $ 13 billion, but also made its two founders, Maksym Lytvyn and Oleksiy Shevchenko, billionaires. […]
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 UAH 1.05 billion has already been paid by investors to the state budget, and another UAH 37 million – received […]
On November 8, one of the major real estate developers in Odesa and Kyiv, Adnan Kivan, without any warning, suddenly fired the entire staff of the main English-language media outlet in Ukraine, the Kyiv Post. Kivan said that he had recruited a new editorial staff – from other journalists under the same name! That is, the reason for the dismissal […]
On the morning of Nov. 8, the independent Kyiv Post news paper’s employees came to the office only to be notified that they were all being fired, effective immediately. Three weeks ago, the Kyiv Post’s owner, Odesa construction tycoon Adnan Kivan, had other plans: To expand the Kyiv Post and launch a Ukrainian-language outlet under the paper’s brand. At the […]
The American company VistaPrint bought out the Ukrainian developer of photostock Depositphotos and the online editor Crello. This is stated in an official press release. The deal amounted to $ 85 million. According to ain.ua, this is the major deal in the Ukrainian IT market in recent years. VistaPrint buys 100% of the company’s stock, including all projects: Depositphotos, Crello, Lightfield, Bird […]