Economics
Swedish brand H&M, famous for its fast-fashion clothing, has announced key details about its first Ukrainian store. H&M revealed on June 12 that it would open its Kyiv shop in the 140,000-squa
Jun. 12, 2018
Ukraine’s Supreme Economic Court has suspended the renationalization of monopoly fixed-phone operator Ukrtelecom, and it is unknown when the case will be reviewed again, news agency Interfax-Ukraine r
Jun. 6, 2018
Relations between Ukraine and Poland are developing successfully, in particular, in the economic sector. Ambassador Extraordinary and Plenipotentiary of the Republic of Poland to Ukraine Jan Pieklo sa
Apr. 17, 2018
A new report by Ukraine’s Anti-Corruption Action Center has revealed that 11 powerful individuals own a quarter of all permits in Ukraine to extract oil and gas. Initially published in Ukrainian on Ma
Apr. 13, 2018
DTEK and China Machinery Engineering Corporation have signed a contract for the construction of a solar power plant with an installed capacity of 200 MW in Nikopol (Dnipropetrovsk region). DTEK Head M
Apr. 6, 2018
Ukrainian enterprises working with scrap ferrous metals in January-March 2018 increased exports of these products by six times, compared to the same period in 2017, to 140,000 tonnes. They exported on
Apr. 5, 2018
Some people can’t wait to learn how a novel ends, and skip to the last chapter to find out. But that’s not possible with Litnet, an online library, where the books are written and read chapter-by-chap
Mar. 26, 2018
Ukrainian President Petro Poroshenko signed the long-awaited law on privatization on March 2, intended to finally sell off more than 3,000 state-owned companies, many of which are inefficient cash cow
Mar. 2, 2018
In retaliation for coming up on the losing end of a Stockholm arbitration court ruling that will cost Russia’s state-controlled Gazprom $2.56 billion, the Kremlin indefinitely shut off natural gas sup
Mar. 2, 2018
Businesses in Ukraine are facing a major problem – human capital flight, or more plainly, a brain drain. This was the key issue Ukraine’s European Business Association discussed during a round table a
Feb. 28, 2018
Eighteen information technology companies operating in Ukraine have made it onto the list of the best tech firms in the world – the 2018 Global Outsourcing 100. Twelve Ukrainian-founded software devel
Feb. 22, 2018
Since Russia launched its war against Ukraine in 2014, seizing the Crimean peninsula and part of the eastern Donbas, Russian banks and other businesses have been under pressure. They have faced regula
Feb. 20, 2018
A member of Ukraine’s National Academy of Sciences has received a prestigious, $100,000 mathematics award from an Israeli foundation this week. Ukrainian-American Vladimir Drinfeld, 64, and his academ
Feb. 18, 2018
Ukraine has Hr 306 billion ($10.9 billion) in debts to pay off this year, the Finance Ministry announced in a document released last week. The total sum of $10.9 billion – which includes $4 billion in
Feb. 5, 2018
Chinese engineers have helped Ukraine to increase the cargo transshipment capacity in one of its major international ports by at least five million tons a year. China Harbor Engineering Company has fi
Jan. 30, 2018
As Ukraine’s presidential pre-election period kicks in, politicians and businesspeople are striking deals within the country’s mostly non-independent media industry. Arseniy Yatsenyuk, former prime mi
Dec. 31, 2017
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Oil prices rose by more than 3% after Russia’s massive strike against Ukraine on Sunday – the largest of its kind since Aug. 26.
Nov. 19