Polish financial holding company Getin Holding said on Tuesday it has received approval from the National Bank of Ukraine to indirectly sell Idea Bank Ukraine to local businessman Sergiy Tigipko, owner of TAS Group, one of the largest financial and industrial groups in the country.
Getin Holding gets nod from central bank to sell Idea Bank Ukraine
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Tetra Tech, the global consulting and engineering firm, has laid off dozens of workers in Ukraine and faces tens of millions of dollars in costs locally due to the USAID cuts, including a payment freeze on work completed, according to sources familiar with the matter. The company is one of
Exclusive: 60 Finnish companies take first steps toward business in Ukraine as hope for peace grows, special envoy says
Some 60 privately owned Finnish companies have applied so far to the government's Finnpartnership program that helps them get ready to invest in Ukraine, said Antti Vänskä, Finland's special envoy to the reconstruction of Ukraine. And that number is set to grow. "The interest of
Ukraine's Economy Ministry signs memorandum of cooperation with Ukrainian-Korean Business Council
Ukraine's Ministry of Economy and the Ukrainian-Korean Business Council (UKBC) have signed a memorandum of cooperation to deepen institutional collaboration and boosting private sector engagement between the two countries.
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South Korea's diversified investment corporation Itoxi Corp has signed a memorandum of long-term cooperation with Ukrainian company City One Development to take part in the construction of two glass plants in the war-torn country.
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Ukraine's finance ministry and Switzerland's State Secretariat for Economic Affairs (SECO) have signed a memorandum of understanding to launch the Fiscal Governance for Local Reconstruction and Recovery (FG4R) project. The four-year initiative aims to strengthen public financial management at national and local levels to support
Ukraine receives €236 million loan under World Bank's PEACE project
Ukraine has received €236 million in loan financing under the World Bank's Public Expenditures for Administrative Capacity Endurance (PEACE) project, Ukraine's finance ministry said. The funding was extended by the International Bank for Reconstruction and Development (IBRD) under a guarantee from the Swedish government, the finance
EU releases €2.8 billion to Ukraine under reform-linked funding program
The European Commission disbursed nearly €2.8 billion to Ukraine on Monday to help finance the state budget and maintain public services as the country continues to defend itself against Russia's invasion.
EBRD governors reaffirm Ukraine as top priority, pledge continued reconstruction support
The governors of the European Bank for Reconstruction and Development (EBRD) reaffirmed Ukraine as the bank's top priority, pledging continued support for the country during the war and its future reconstruction, while also backing increased assistance for economies affected by conflict in the Middle East.