Business

Klitschko, Kolomoisky, Shevchenko and others congratulated sanctioned Pavlo Fuks on his birthday.  This year, the National Security and Defense Council has imposed sanctions on companies, private planes, private planes, and entire lists of people, such as criminal lords, smugglers, and even some big business representatives. President Volodymyr Zelensky signed Decree №266/2021 on the decision of the National Security and Defense Council of Ukraine of June […]

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 and Agriculture, and trade representative during the 52nd session of the International Grain Council, the press service of the Ministry of […]

Ukraine has started its own production of ammunition for grenade launchers. Ammunition is developed by the Special Design Bureau “Vector-V”, as reported on the bureau’s Facebook page. The work lasted about two years. During the solemn event on November 1, “Vector-V” transferred its developments for the subsequent serial production of VOG-17V grenade launcher rounds at a state enterprise. Grenades for automatic and […]

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 against Tolexis Trading Limited (Firtash’s Cyprus offshore company) and LLC Zaporizhzhia Titanium and Magnesium Plant to return the plant to […]

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 Canadian Capital Hill Group. The final model assembly will be organized at production facilities in Ukraine and Canada. The design of […]

If the transit of Russian gas through the Ukrainian gas transmission system is stopped after the launch of Nord Stream 2, Ukraine will lose $ 1.5 billion a year, which is minus 1% of GDP. This figure was announced by the ex-Minister of Economy Tymofiy Mylovanov. “Now we have a gas transit contract for several years – until 2024. The question is […]

Cannabis plantation worth $400,000 discovered in Kherson region, southern Ukraine. Law enforcement officers of the Strategic Investigation Directorate in Kherson region exposed a criminal group, whose members had a whole plantation for growing hemp bushes amid the Kherson floodplains. They planned to sell the “harvest” on the territory, as reported by the Communication Department  of the Police of Kherson region. On July […]

Fintech startup Revolut, founded by Russian Nikolay Storonsky and Ukrainian Vlad Yatsenko, has raised $ 800 million in funding. According to TechCrunch, the company is valued at $ 33 billion, making it the most expensive fintech startup in the UK. The new valuation is six times higher than the previous round of funding in 2020. The company was then valued […]

A unique greenhouse opened in Dorozhne village, Vinnytsia Region. Ordinary tomatoes, cucumbers, pepper, plant eggs, cabbage is grown here, as well as various types of greenery. But the uniqueness of the project is in the fact that young people who are working there are disabled people suffering from complex disabilities – cerebral palsy, autism, Down’s syndrome, as well as people […]

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 of the rating state that in order to define the top 100 the richest Ukrainians, they have evaluated the financial […]

Naftogaz Group put into operation the Andriyivka solar power station in Balakliia district, Kharkiv region, as is reported by the company’s press service. According to the company, the Andriyivka SPS is a pilot project of the New Energy division, whose task is to analyze technical and regulatory mechanisms for the development of renewable energy for the group. The station’s capacity […]

“Novis” Plant located in the city of Dnipro in Ukraine has developed and certified corn starch-based bags that biodegrade within 90 days.