Economics
U.S. tech giant Apple officially entered Ukraine, Minister of Digital Transformation Mykhailo Fedorov announced on June 30. The company will now control stores of local dealers and will import its equ
Jun. 30, 2021
When Ukrainian entrepreneur Igor Fostenko created his first wooden map to put on an empty wall in his office, he didn’t expect to turn the decorative piece into a business bringing him $12 million in
Jun. 30, 2021
Ukrainian Victoria Repa, 28, co-founded the tech startup BetterMe at age 24, only a year after starting a career in information technology. Five years later, Repa heads a 130-person firm that develops
Jun. 28, 2021
When Tymofiy Mylovanov took over the Kyiv School of Economics in 2016, the school was, in his words, “in disarray.” Mylovanov had to restructure the de-facto bankrupt school’s debt and cut personnel b
Jun. 25, 2021
For 30 years, the Hubble Space Telescope has been providing us with breathtaking images from distant corners of the universe. Now it’s suffered a computer glitch. Here’s a look back at some of its fin
Jun. 22, 2021
Since 1992, when Ukraine joined the International Monetary Fund, the nation has borrowed roughly $32 billion out of a possible $74 billion in 11 separate programs. Those numbers alone tell an unflatte
Jun. 17, 2021
With no investment culture of their own, Ukrainians often overlook traditional assets like stocks and bonds. But powered by a strong tech industry, the country is increasingly turning to alternative a
Jun. 16, 2021
Ukraine has the potential to become a major processing hub for Norwegian seafood — if Norwegian producers come to trust the investment climate here. High labor costs in Norway have forced its seafood
Jun. 14, 2021
From humble beginnings thirty years ago, software outsourcing firm ELEKS has gone on to become a key player on the global stage. To mark three decades in business, ELEKS’s founder Oleksiy Skrypnyk and
Jun. 4, 2021
Promprylad.Renovation is an innovation center on the territory of the revitalized plant in Ivano-Frankivsk. It is focused on four areas of regional development: the new economy, urban planning, contem
Jun. 4, 2021
Talks about exploiting the Black Sea shelf have been ongoing since 2012 when estimates revealed that Ukraine’s deep territorial waters may contain more than 2 trillion cubic meters of gas. Shortly the
Jun. 3, 2021
Online payment systems like PayPal have been game-changers for freelancers. They have opened a new world of global business opportunities, making it easier to work with foreign clients from any part o
Jun. 2, 2021
A new chapter in one’s life can begin with a beautiful smile. At least that’s the hope for Arturas Kadys, 57, a truck driver from the United Kingdom who came to one of Kyiv’s dental clinics for a majo
Jun. 2, 2021
International mobile banking app Revolut now supports money transfers to Ukraine, the company told the Kyiv Post on May 1. “It was a highly awaited function by our customers and we are happy we are no
Jun. 2, 2021
President Volodymyr Zelensky had promised to build or repair 6,500 kilometers of roads as well as 100 schools, 100 kindergartens, 100 stadiums, and 210 hospital emergency departments by the end of 202
Jun. 2, 2021
Taking up the territory equivalent to 10 football pitches at the edge of Kyiv, the Darnitsa plant produces perhaps the most recognizable medication in Ukraine — Paracetamol and Citramon. Darnitsa has
Jun. 1, 2021