Economics
Ukraine-founded startup Let’s Enhance attracted $3 million to develop a tool that automatically improves the quality of digital images, the company announced on Oct. 27. Called Claid, this cloud servi
Oct. 29, 2021
Ukraine-founded stock photo website Depositphotos has become a part of publicly-traded U.S. holding Cimpress, currently valued at $2.3 billion. Cimpress’ subsidiary VistaPrint, which creates business
Oct. 29, 2021
Vasyl Bodnar’s 23-year career in Ukraine’s Ministry of Foreign Affairs has taken him to Ukraine’s neighbors on all sides: north & east, serving in Moscow; west, serving in Warsaw; and now south, s
Oct. 28, 2021
New York – Nobelium, the Russian hacking group responsible for the cyberattacks on SolarWinds, is still at it. Read more here.
Oct. 25, 2021
Ukrainian moderators who clean up harmful content on Facebook are among the lowest paid employees in the company, according to an internal letter shared by Facebook’s content moderators with the U.S.
Oct. 25, 2021
International food giant Nestle is one of the most polluting brands on the planet. The brand’s packaging results in lots of plastic waste, which gives the company a bad name. But Nestle is determined
Oct. 25, 2021
Facebook is suing a Ukrainian national suspected of scraping and selling information from 178 million users on the platform in 2018-2019, according to American publication Insider. According to the co
Oct. 23, 2021
The most unexpected things can sometimes drive changes. In 2014 WOG, whose key business is wholesale and retail trade of oil products, started a real revolution in coffee consumption in the retail mar
Oct. 22, 2021
Vasile Tofan joined Horizon Capital in August 2012, following a career in both management consulting as well as industry. He was promoted to Partner in June 2015. Over the years, Vasile has contribute
Oct. 22, 2021
President Volodymyr Zelensky wants to replace the head of Ukraine’s National Bank Kyrylo Shevchenko, according to three people familiar with his plans, Bloomberg reported on Oct. 18. The NBU didn’t co
Oct. 19, 2021
German discount retail chain Lidl has appointed Adam Miszczyszyn, 47, to lead the store’s expansion into Ukraine, business paper Lebensmittel Zeitung reported on Oct. 15. German Lebensmittel Zeitung c
Oct. 17, 2021
Renting out a 700-square meter building for $11 per month is an unbelievable bargain, even in Ukraine, where rents are cheaper than in Western Europe. This is the price the State Property Fund offers
Oct. 10, 2021
In the old days, scouting for footballers used to be an arduous process involving constant journeys to remote provincial stadiums. But an Italian company, Wyscout, has spearheaded a digital revolutio
Oct. 10, 2021
Anka Feldhusen, Germany’s Ukrainian-speaking ambassador in Kyiv who first came to the country in 1994, is well aware of the current disappointment in Ukraine with Germany. The two big reasons are clea
Oct. 8, 2021
President Volodymyr Zelensky on Oct. 5 vetoed a bill legalizing cryptocurrency in Ukraine and sent it back to parliament for changes. The bill that passed the Verkhovna Rada in September says that the
Oct. 6, 2021
Police officers from Ukraine, the U.S. and France detained a 25-year-old hacker in Kyiv on Sept. 28 to stop a massive cybercrime that caused more than $150 million in damage worldwide. The suspect all
Oct. 5, 2021