Ukrainian clinic Superhumans receives $16.3M from Howard Buffett

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

World Bank allocates additional $2.5 billion to Ukraine

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

Café, restaurant traffic in Ukraine 10% higher than pre-war, driven by business in west

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

Russian startups hide their roots and pretend to be Ukrainian to raise investments

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

Ukrainian parliament approves sanctions against Russian financial institutions

The Ukrainian parliament has approved a decree on the introduction of economic sanctions against financial institutions in the Russian Federation, an MP from the Holos faction, Yaroslav Zheleznyak, reported on his Telegram on Feb. 23. The Verkhovna Rada supported the Decree of Ukrainian President Volodymyr Zelenskyy on the application of sectoral sanctions for 50 years against all … Read more

Ukraine’s anti-graft agency declares Auchan international sponsor of Russia’s war

Ukraine’s National Agency on Corruption Prevention or NACP has declared French corporation Auchan Holding an international sponsor of war, the agency reported on Feb. 23. The corporation was added to the list as it had refused to stop financing the terrorist state since the beginning of Russia’s full-scale invasion of Ukraine and continues to operate in Russia. … Read more

Ukraine’s international trade declines by 35%

Over January 2023, Ukraine’s trade turnover amounted to $7.9 billion, which is 35% less than in January 2022, the press service of the State Customs Service reported on Feb. 22. During January of this year, $4.8 billion worth of goods were imported to Ukraine, and $3.1 billion were exported. At the same time, taxable imports … Read more

Black Sea grain deal set to expire soon, Ukraine warns

The Black Sea grain deal, which allows Ukrainian agricultural produce to be exported to Africa and Asia despite Russia’s naval presence, expires on March 20, 2023, although the Ukrainian Agriculture Ministry hopes it will be extended, the ministry said in a press release on Feb. 21. “When the current grain agreement expires on March 20, … Read more

Ukrazaliznytsia creates cargo carrier company to work in Europe

By the end of 2023, JSC Ukrazaliznytsia can create a cargo carrier company that will work in the field of cargo transportation in Europe, Oleksandr Kamyshin, Ukrzaliznytsia board chairman, told Interfax-Ukraine. “It’s true, we must develop a European carrier in both passenger and freight traffic. We have shown that we can be effective, and those … Read more

Ukraine will launch military tech cluster in spring

Ukrainian Ministry of Digital Transformation plans to launch a military tech cluster in spring 2023, using the existing Innovation Development Fund, Ukrainian media outlet Babel reported on Feb. 20. The project is aimed at supporting specialists developing military technologies. The Minister of Digital Transformation, Mykhailo Fedorov, noted that this will be a platform for combining … Read more