Last year, the amount of legal amber mining in Ukraine reached 39.2 tons, 1,400% more than in 2019 before the law that legalized its mining came into force, reported the State Geology and Subsoil Service. Last year, ₴35.4M in rent was paid for the use of amber-bearing subsoil, 30% of which was directed to the … Read more
As of February 19, the volume of agricultural products exported over roads amounted to 265,000 tons, compared to 138,000 tons in January and 246,000 tons in December. The largest contributions to total exports were made by sunflower oil and sugar. An increase in transportation by motor vehicles was observed until a certain time, but later, … Read more
On February 20, the international professional association IAOP published its annual ranking of the best outsourcers in the world, the Global Outsourcing 100. This year, it includes 15 Ukrainian companies, as well as a number of outsourcers with offices and R&D in Ukraine. To determine the winners, a team of professional judges takes into account … Read more
According to the UTG, the drop in office rental prices was caused by the outflow of tenants. In January 2022, rent for one square meter in class A was $28.1, in class B, $17.9, and in class C – $11.9. However, in the fourth quarter of 2023, the rates were reduced by at least 30% … Read more
In 2023, almost 91% of small and medium-sized enterprises, forced to suspend their activities in 2022 due to military operations, resumed their work. By the end of the year, a little more than 82% of them remained open. In addition, companies are gradually returning to the pre-war level of capacity utilization – on average, they … Read more
Ukraine is planning an additional route via the Danube River to circumvent the ongoing protests and ensuing problems at the Polish border, Bloomberg reported on Feb. 20, citing comments from Ukrainian Infrastructure Minister Oleksandr Kubrakov. The Danube’s importance as a shipping route rose sharply following Russia’s unilateral withdrawal from the Black Sea grain deal in … Read more
The State Property Fund (SPFU) is preparing to open the state land rental market, the head of the department, Vitaliy Koval, said. “We have 386,000 hectares of agricultural land, which belongs to the state and is currently transferred to the Fund. Our task is to change by-laws and legislation to make these lands available to … Read more
The total volume of loans granted under the Affordable Loans 5-7-9% program increased by 2% in the fourth quarter of 2023 and by 34% for the entire year, according to the Banking Sector Review for February. It is noted that during the year, the volume of loans increased the most in the field of trade … Read more
Ukraine has gained another VC fund and venture builder, SMG Capital and SMG Builder, which were launched earlier this year to help Ukrainian founders. The fund is expected to be around $10 million, managing partner Oleksandr Shinkarev told AIN.Capital. In addition, we are currently launching a three-month program for Ukrainian startup enthusiasts. Its purpose is … Read more
Ukraine said it’s planning an additional route via the Danube River to boost exports to pre-war levels as a spat with Poland over agricultural deliveries blocks a land border with the European Union. The Danube became a priority avenue for Ukrainian supplies after Russia exited a United Nations-backed safe corridor in the Black Sea last … Read more