According to the results of 2022, exports from the countries of the European Union to Ukraine increased again to the level that was before the start of the war in February last year. The data of the EU statistical agency Eurostat evidence this. It is noted that the EU’s trade with Ukraine has been severely … Read more
The Organization for Economic Cooperation and Development (OECD) opened an office in Kyiv on March 1, as Ukraine gears up for a bid to join the organization, the governmental portal reported on Feb. 28. Prime Minister of Ukraine Denys Shmyhal and OECD Secretary-General Mathias Cormann announced a new office during a joint briefing on Feb. … Read more
The National Agency on Corruption Prevention (NACP) has included Metro Cash&Carry in the list of international sponsors of the war, the agency’s press service has reported. As noted in the press release, the decision was made due to the position of the company’s management to continue operations in Russia. In addition to the retail business, … Read more
Energy Minister Herman Haluschenko called on European colleagues to support Ukraine’s candidacy to the Board of Governors of the International Atomic Energy Agency (IAEA). As the Ministry of Energy said on the Telegram channel on Monday, Haluschenko made such a proposal during an informal meeting of EU energy and transport ministers in Stockholm on February … Read more
PepsiCo’s subsidiary Sandora has reopened its plant in Mykolaiv Oblast, with another major prouder of tomatoes resuming work in the region as well, regional governor Vitalii Kim told Ukrainian TV channel Ternopil 1 on Feb. 27. “Two large enterprises have already begun work,” said Kim. “One of them is PepsiCo, which is fixing its plant, … Read more
On Monday, the High Anti-Corruption Court (HACC) decided to convert 88.890583% of the shares of the First Investment Bank (PINbank, Kyiv) owned by Russian citizen Yevgeny Giner into state income. “On February 27, a HACC panel of judges satisfied a claim of the Ministry of Justice of Ukraine against a Russian citizen … By a … Read more
Medical clinic Superhumans has received a donation of $16.3 million from the Howard G. Buffett Foundation, the fund of the eldest son of billionaire Warren Buffett. Andriy Stavnitser, the founder of the project, announced this on Facebook. Of the $16.3 million received, $15.3 million will be directed to the renovation and equipment of the premises … Read more
The World Bank has announced an additional $2.5 billion in grant financing for Ukraine, according to a press release published by the international lender on Feb. 24. The funds, provided by the United States Agency for International Development (USAID), will be transferred to the government after the World Bank’s review of eligible expenditures. “The grant provides … Read more
Ukraine may be a country at war, but it hasn’t stopped Ukrainians going to restaurants and cafes. In fact, countrywide, attendance in cafes and restaurants is up by 10% since Russia launched its full-scale invasion and war on Feb. 24 last year, the Restorator Reve restaurateurs’ group on Telegram said on Feb. 24, publishing the results of … Read more
Many Russian startups no longer want to be associated with the terrorist state. To raise funding from European VCs, the startups hide their origins and even pretend to be Ukrainian. An exciting trend among Russian startups was noticed by Borys Musielak, Founding Partner at SMOK Ventures, which is one of the most active funds in the … Read more