MEGOGO is opening a new office in Poland. It will also significantly expand the catalog of Polish content. As the company reported, Poland will become the fourteenth market where the Ukrainian company will provide its services. The service offer primarily includes television packages with interactive functions, as well as a library of films and series, … Read more
The shares of Kryvy Rih Iron Ore Plant owned by the Ukrainian businessman have changed the owner, NV Business reports, citing the London court decision. According to the report, Kolomoisky sold 50% of the mine in Kryvy Rih for $926 million to Russian citizen Mikhail Voevodin – allegedly, the businessman concluded such an unusual agreement … Read more
The Appeals Chamber of Ukraine’s High Anti-Corruption Court has approved the confiscation of all assets of Demurynskyi Mining and Processing Plant LLC, owned by Russian citizen Mikhail Shelkov, in favor of the state, the Economic Security Bureausaid on Feb. 6. The Economic Security Bureau, together with Ukraine’s SBU security service, also expropriated the company’s movable and … Read more
Ukrainian President Volodymyr Zelenskyy has enacted a bill prohibiting gambling businesses from operating under the country’s simplified taxation system, Ukrainian MP Yaroslav Zheleznyak said on the Telegram messenger on Feb. 6. The norm enters into force the day after publication. Earlier in January, the Verkhovna Rada, Ukraine’s parliament, passed bill No. 8079 as a whole, which … Read more
Throughout 2023, inflation rate in Ukraine will slow down to 18.7%, while real GDP will grow only marginally – by 0.3%, primarily due to expected reduction of national security risks, the National Bank of Ukraine (NBU) said in its January report. The NBU predicts that inflation will slow down in 2023 due to tight monetary … Read more
President of the European Commission Ursula von der Leyen invited Ukraine to take part in the system of joint gas purchases. “We are inviting Ukraine to our Energy Platform for joint purchasing of gas. We want to make best use of our joint market power,” she said at a joint press conference with Ukrainian President … Read more
Ukraine’s National Agency on Corruption Prevention or NACP has declared U.S. multinational consumer goods corporation P&G (Procter & Gamble) an international sponsor of war, according to the agency’s list of such sponsors, published on the official website. The corporation was added to this list because it continues to operate in Russia, according to Ukraine’s Economic Security Council, … Read more
Ukrainian IT company Intellias has announced the opening of a new development center in Pune, India. The company also plans to hire about 100 IT specialists in Java, Scala, .Net, C++, and other technologies. The company announced this on its website. Local engineers will work on solutions for mobility, telecommunications and media, financial services and … Read more
Exports by Ukraine’s IT industry earned $7.34 billion for the Ukrainian economy in 2022, the IT UkraineAssociation reported on Jan. 31, referring to data from the National Bank of Ukraine. According to the agency, the industry’s volume of exports export increased by $400 million compared to the pre-war year 2021. “The figure of more than $7 billion … Read more
The United States International Development Finance Corporation (DFC) is looking to mobilize $250 million for banks in Ukraine to expand small business lending in the country, DFC CEO Scott Nathan said during his visit to Kyiv on Jan. 31. “I’m here in Kyiv today because we are investing now to help keep Ukrainian businesses moving … Read more