The annual income of the video game industry in Ukraine over the past year amounted to $179.2 million, says Wargaming editorial staff, citing data from the NewZoo report. This is 13.6% more than in 2017, back then the Ukrainians spent $157 million on games. The growth rate of the gaming industry in Ukraine is slightly … Read more
The aggregate state (direct) and state-guaranteed debt of Ukraine in December 2018 increased by 4.77%, or by $3.56 billion, to $78.32 billion, according to the website of the Ministry of Finance. In the national currency the state debt rose by 2.17% or UAH 46.15 billion, to UAH 2.169 trillion. In 2018, the total state (direct) … Read more
Horizon Capital, a U.S. private-equity firm investing in high growth and export-driven companies in Ukraine and the near region, has announced the final closing of its third fund, $200 million Emerging Europe Growth Fund III LP, far surpassing the $150 million target size announced in 2017. “EEGF III’s investment strategy is focused on fast-growing, export-oriented … Read more
TAS Group intends to buy the pharmacy business of the Kosmo retail chain by the end of the first quarter of 2019. According to a press release from TAS Group, AtlasAdvisors investment company acted as a financial adviser to Kosmo shareholders on the sale of the pharmacy business. Andriy Didenko was invited to introduce new … Read more
The World Bank has completed the first part of a pilot project of satellite monitoring of agricultural land in Lviv, Kyiv, and Mykolaiv regions, the press service of the U.S. company EOS, which implemented this project, has said. “The project was launched in May 2018 as part of the five-year World Bank program to improve … Read more
The National Bank (NBU) could in the near future reduce the rate of mandatory sale of foreign currency earnings for exporters from 50% to 30% or cancel it completely, Deputy Governor of the NBU Oleg Churiy has said. “If we carry out another wave of currency liberalization in the near future, we will remove or … Read more
The growth of consumer prices in Ukraine in 2018 slowed to 9.8% compared with 13.7% in 2017, the State Statistics Service of Ukraine has reported. As reported, the inflation growth rates in the previous years were as follows: 12.4% in 2016, 43.3% in 2015, and 24.9% in 2014. In December last year, inflation was 0.8% … Read more
Eight Ukrainians startups are representing Ukraine at one of the world’s largest consumer electronics exhibition Consumer Electronics Show (CES) in 2019, which is taking place in Las Vegas, Nevada, the press service of the Ukrainian embassy in the United States has said. “Ukraine is represented by its own technology stage Ukraine Tech Pavilion at one … Read more
The Antimonopoly Committee of Ukraine has closed a case opened over the signs of violation of legislation on protection of economic competition by DTEK Dniproenergo, DTEK Zakhidenergo and DTEK Skhidenergo. The decision was made at the end of 2018 by the committee. As reported, the committee in 2015 started an investigation into monopoly of DTEK … Read more
The National Bank of Ukraine (NBU) has approved and published regulations that are the basis for a new liberal currency regulation system provided for by the law on currency and foreign exchange transactions. According to the NBU’s website, the new currency regulation system consists of eight main decrees of the NBU, which replaced the previous … Read more