Ikea will resume commercial operations in Ukraine this year, with the reopening of the store in a Kyiv mall that was closed after the full-scale Russian invasion of February 2022, Interfax-Ukraine reported, citing the mall's operations director.
"There is very encouraging information that this will definitely happen this year," Dmytro Lashin, operations director of the Blockbuster Mall which hosted the Kyiv store told the news agency. "Physically, they are already ready."
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.
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.
Enterprise Ireland is "assessing potential future opportunities" for Irish firms in Ukraine's $500 billion reconstruction and recovery efforts, the Irish state economic development agency told the Irish Independent.
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.
Today's Contents Reporter's Notepad: * Riley Risk recommends companies in east prepare contingency plans amid heavy fighting, possible Ukrainian territory loss Just The Facts: * Ukraine to ask EU to delay introducing carbon border tax, trade envoy says * Ukraine's finance minister discusses reconstruction opportunities with Canadian
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Ukraine's Economy Ministry is preparing an official request to the European Commission to start formal talks on postponing the introduction of the Carbon Border Adjustment Mechanism (CBAM) for the war-torn country, The Odessa Journal reported on Wednesday, citing Ukraine's Deputy Minister of Economy and Trade Representative
