Regions with most vacancies, and most in-demand employees in August 2023

Nearly two-thirds of job vacancies in Ukraine are concentrated in five oblasts: Kyiv, Dnipropetrovsk, Lviv, Odesa, and Kharkiv, data sourced from the OpenDataBot open data platform shows. Meanwhile, across Ukraine, retirees, veterans, and teachers are the types of employees in highest demand from employers. Notably, teachers emerged as the most sought-after professionals during this period, … Read more

Ukrainian advertisers expect rapid market rebound

The All-Ukrainian Advertising Coalition (VRK) has revised its 2023 forecast for the Ukrainian advertising market, now expecting a 64% annual growth, the association said in a message on its website on Sept. 5. The impressive growth expectations are now double the original 32% figure, largely fueled by digital advertising, according to the updated forecast. The … Read more

Pepsi and Mars named international sponsors of war for pumping money into Russian economy

International soft drink giant PepsiCo and chocolate company Mars have been added to Ukraine’s list of international sponsors of war, the National Agency for the Prevention of Corruption (NACP) announced in a press release on Sept. 1. Both companies continue to work in the Russian Federation and continue to pay taxes to the Russian state … Read more

Work.ua stops working with another 200 companies operating in Russia, encourages employees to follow

Work.ua has terminated its partnership with another 200 companies that continue to work in the Russian market, the portal announced on Aug. 31.  The company had already ceased working with several companies due to their ties with Russia. Several well-known brands were included on Work.ua second sanctions list as they ‘continue to support the military … Read more

Ukraine’s gas infrastructure ready to work without Russian gas transit – stress test results

The gas transmission system (GTS) and underground gas storages (UGS) of Ukraine are ready to operate under conditions of zero transit, the Ministry of Energy announced, citing a stress test initiated by it. The modeling of the work was carried out by a working group composed of and with the assistance of the USAID Energy … Read more

Ukraine, Norway agree on ‘transport visa-free’ regime

The Ministry for Communities and Territories Development and Infrastructure (the Ministry of Restoration) has signed a protocol with the Norwegian Ministry of Transport on a “transport visa-free regime,” which will allow cargo transportation without permits. “Previously, Ukrainian cargo carriers, regardless of the environmental class of vehicles, could travel to Norway only with a permit. Now, … Read more

NBU eases restrictions on cashless currency sales

The National Bank of Ukraine (NBU) will allow banks to sell non-cash foreign currency without verification of grounds or contractual obligations for such operations, starting from Aug. 29.  As reported by NBU’s press service, the bank is easing currency restrictions and minimizing exchange rate disparities. Starting from Aug. 29, banks will be able to sell … Read more

Ukraine discovers vast gas deposit holding billions of cubic meters

JSC UkrGasVydobuvannya, which belongs to the Naftogaz Group, has discovered a new gas field, the reserves of which can reach a billion cubic meters of blue fuel. Sydorov reports, citing the Integrated Communications Department of Naftogaz of Ukraine. Naftogaz plans to achieve a significant increase in production in wartime conditions. This will happen primarily due … Read more