Business

One of the biggest in Ukraine: a wind electric power plant launched in Zaporizhzhia region

One of the biggest in Ukraine: a wind electric power plant launched in Zaporizhzhia region

On November 1, the Prymorska Wind Electric Power Plant II was launched in Zaporizhzhia Region. It is one of the biggest in Ukraine and will generate about 700 million kWh of “green energy.” The opening was timed with the end of the construction of the second and last stage of the wind park. The plant consists of 52 turbines with […]

Why World Bank violates constitution of Ukraine and national interests

Why World Bank violates constitution of Ukraine and national interests

In recent years, the activities of the World Bank Group in Ukraine in the field of land relations violates Ukraine constitution and national interest. The Worlds bank has contributed to the anti-constitutional and anti-national plans of the previous and present government to launch the sale of national wealth – land. The World Bank has included in its COUNTRY PARTNERSHIP FRAMEWORK […]

Ukraine learned to earn money on tourism: the state budget received a record inflow

Ukraine learned to earn money on tourism: the state budget received a record inflow

Since the beginning of 2019, almost 127 million hryvnas have been added to the budget from tourism fees, an increase of more than 36 million hryvnas over the whole of 2018. Over a nine-month period this year, tourism fee revenues to the state budget of Ukraine exceeded the level of the entire previous year. Since the beginning of the year, […]

Ukraine drops in global competitiveness ranking

Ukraine drops in global competitiveness ranking

This year, Ukraine ranks 85th out of 141, having dropped 2 positions since last year, according to the WEF Global Competitiveness report. Last year, Ukraine ranked 83rd out of 140 countries. Ukraine ranks 104th in terms of state institutions (last year – 110th); 57th – in terms of infrastructure; 78th – in terms of technology adoption (last year – 77th). […]

The Netherlands can launch Transavia low-cost in Ukraine

The Netherlands can launch Transavia low-cost in Ukraine

The Netherlands low-cost Transavia can be launched in Ukraine, Air France KLM says. Air France KLM’s central network development office is considering operation in Ukraine of Transavia subsidiary low-coster. Frank Van’T Hof, commercial director of Air France KLM for Russia and the CIS, said this at a press conference in Kyiv, UNIAN reports. “I see this opportunity in Ukraine, but […]

Government approved Action Plan on legalization of gambling business and amber production

Government approved Action Plan on legalization of gambling business and amber production

The Cabinet of Ministers of Ukraine approved the Government’s Action Plan and a number of bills, in particular on the legalization of gambling business and regulation of amber-mining activities. Thus, the Government approved a package of bills “to regulate amber-mining activities.” “The changes include, in particular, the cancellation of the procedures for additional approval of subsoil use permits by the […]

Ukraine may start issuing “electronic residence” to foreign businesses

Ukraine may start issuing “electronic residence” to foreign businesses

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 […]

Ukrainian film awarded Grand Prix at a festival in Japan

Ukrainian film awarded Grand Prix at a festival in Japan

Ukrainian musical romance film “Hutsulka Ksenya” directed by Olena Demyanenko was awarded the Grand Prix at the Mt. Fuji - Atami Film Festival in Japan

Organic cookware made from bran hit the market in Ukraine

Organic cookware made from bran hit the market in Ukraine

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 […]

Zelenskiy’s “digital state”: from business to blockchain for voting

Zelenskiy’s “digital state”: from business to blockchain for voting

Mykhailo Fedorov, the director of Vladimir Zelenskiy’s digital campaign, is dreaming to develop a “digital state” so that current processes can be carried out without papers and queuing. He spoke about such plans of the Zelenskiy’s team in his interview to “Hromadske.” “I do not need any positions. I have my own business. There are a lot of companies that […]

Fugitive Ukraine’s President Yanukovych laundered money through Swedbank

Fugitive Ukraine’s President Yanukovych laundered money through Swedbank

Ukraine’s pro-Russian former president, Viktor Yanukovych, has been linked to a widening scandal involving Sweden’s Swedbank, neweurope reports. According to documents reviewed by Sweden’s state-owned broadcaster, Swedbank appears to have been an instrument for transferring millions of euros in kickbacks that were acquired by Yanukovych while he was in office to other EU banks. Over the last year, Swedbank’s CEO has […]

Money on blood: corruption in defense sector involves associates of Poroshenko

Money on blood: corruption in defense sector involves associates of Poroshenko

The team of investigators BIHUS.info unveiled the first part of a large-scale investigation of corruption and embezzlement in the defense sector of Ukraine, which involves associates of President Petro Poroshenko. According to journalists, Oleh Hladkovskyi, Poroshenko’s friend and partner, member of the National Security and Defense Council, his 22-year-old son Ihor and general director of Ukroboronprom Pavlo Bukin are involved […]

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