Since the beginning of the full-scale war in Ukraine, on February 24, 2022, at least 21 IT companies with Ukrainian roots started operating in Poland. This is reported by the portal DOU.eu. Currently, these companies employ 870 specialists in Poland, mainly in Warsaw, Kraków, and Wrocław, and more than 15,000 globally. Among the companies with … Read more
Ukraine’s state postal service, Ukrposhta, announced a new mail shipment– PRIME Small Package to the United States. U.S. postal operator USPS joined a coalition of 67 countries to which such packages have been shipped since April 1, including Canada, the UK, Germany, Australia, France, and others, the company said. “The Small Package is a very … Read more
Oleksandr Kolb, founder, and member of the Supervisory Board of Kharkiv IT Cluster, CEO of Promodo, together with his partners Taras Kirichenko (financier, chairman of the Supervisory Board of Nova Poshta) and Igor Shoyfot (TMT Investments) launched a syndicate of private investors called Toloka.vc. As the founders explained, the purpose of creating the syndicate is … Read more
The Ukrainian parliament has passed a law reviving large-scale privatization and enabling state property to be leased for up to five years to private entities. The law also allows the State Property Fund of Ukraine (SPFU) to manage sanctioned assets, SPFU said in a message on its website on May 30. The SPFU will have the authority … Read more
NJSC Naftogaz Ukrainy has reached agreements with investors on the restructuring of two issues of eurobonds maturing in July 2022 and November 2026. According to the company’s press release, this was announced by Head of Naftogaz Ukrainy Oleksiy Chernyshov, following a meeting with eurobond holders on May 31, 2023. Detailed restructuring proposals have also been … Read more
The British defense company BAE Systems will open an office in Ukraine and then – production and repair facilities. An agreement on this was reached during a meeting of President of Ukraine Volodymyr Zelenskyy with CEO Charles Woodburn, Managing Director Gabby Costigan, and Director for Cooperation with Ukraine Christian Seear. “We discussed the localization of … Read more
The Verkhovna Rada of Ukraine supported at first reading government bill No. 8401 on the abolition of the 2% single tax and other benefits for entrepreneurs from July 1, 2023, which is one of the conditions for cooperation with the IMF and the delay of which caused concern. According to information on the parliament’s website, … Read more
Consumption of milk and dairy products in Ukraine has decreased by an average of 28% over the past year, Olena Zhupinas, the head of the Association of Milk Producers (AMP) project “Wholesale milk marketing,” said. The main reason is the migration of milk’s main consumers — women and children — abroad, as well as reduced purchasing power of … Read more
The Diia application, which enables Ukrainians to access government services online, has been installed by over 19 million citizens, Vice PM and Minister of Digital Transformation Mykhailo Fedorov announced at the Diia in DC summit in Washington, reported Interfax-Ukraine on May 25. Fedorov highlighted the benefits of the Diia app, stating, “You have biometric data, all of which is … Read more
Ukraine’s National Agency on Corruption Prevention (NACP) has declared U.S. Mondelez International company an international sponsor of war, the agency reported on Telegram on May 25. The company has been listed since it continued operations in Russia after the full-scale invasion of Ukraine, NACP said. “The company’s interests, which has an annual income of about $26 billion and … Read more