The Ukrainian government has approved the privatization terms and sale price for the chemical industry plant Sumykhimprom and construction company Ukrbud, according to Ukraine's Ministry of Economy. The starting sale price for Sumykhimprom is about UAH 1.2 billion ($29 million) and for Ukrbud UAH 263 million, the
The European Bank for Reconstruction and Development (EBRD) said it has approved a €15 million unfunded portfolio risk sharing facility to back up to €30 million of new sub-loans offered by Ukrsibbank to Ukrainian businesses, aimed at supporting economic resilience, energy efficiency, and business competitiveness. The project will provide
The Zaporizhzhia nuclear plant, located 650 kms southeast of Kyiv along the Dnipro River, is "under Russian jurisdiction" and will not be handed over to Ukraine, the US, or international organizations, Russia's foreign ministry said. The ministry said that joint operation of the facility with another
The unconditional withdrawal of Russian forces from Ukraine would be a key condition for any changes to sanctions, the European Commission told Reuters "The end of the Russian unprovoked and unjustified aggression in Ukraine and unconditional withdrawal of all Russian military forces from the entire territory of Ukraine would
Dragon Capital plans to invest $100 million in Ukraine this year due to improved macroeconomic predictability and economic growth in the country, CEO Tomáš Fiala said at a conference in Kyiv organized by the think tank We Build Ukraine. Fiala said most of the funding will come from Dragon Capital&
Today's Contents Reporter's Notepad: * The managing director of SAP Ukraine outlines her company's plans for the reconstruction of Ukraine, future M&A, and more Just The Facts: * Russia, Ukraine agree to maritime, energy ceasefires, White House says * Ryanair CEO says Ukraine's
The Korea International Trade Association (KITA) hosted a forum on Ukraine's reconstruction, bringing together Ukrainian business representatives to enhance bilateral cooperation in postwar rebuilding efforts, Yonhap News Agency reported. The event took place on Tuesday in Seoul alongside a visit from a business delegation of the Ukrainian Chamber
Ryanair CEO Michael O'Leary said on Tuesday that Ukraine's Kyiv and Lviv airports need "a kick up the backside" for not responding to the Irish low-cost carrier's proposals on the resumption of flights once the country's airspace opens. O&
The Ukrainian branch of SAP, the German multinational software company, is strengthening its partner network and securing resources now to take advantage of an expected spike in demand when the war ends, said the branch's head. "There is high demand for our products now but we understand
The US said on Tuesday it has reached agreements with Russia and Ukraine for a ceasefire in the Black Sea as well as for the two countries to halt attacks on energy infrastructures. The White House said the US and Russia, as well as separately the US and Ukraine, "
A bipartisan group of US senators sent a letter to Secretary of State Marco Rubio urging the administration to transfer, and push allies to transfer, more than $300 billion of seized Russian assets to help Ukraine. The senators, including Republicans Todd Young and Lindsey Graham, and Democrats Richard Blumenthal and
Ukraine's largest private power producer, DTEK, said it has received an €11 million grant from the French government to build the first digital substation in Ukraine. The total cost of the project amounts to €15 million, with DTEK investing the remaining €4 million.
Ukrainian investment firm Dragon Capital said it has started the construction of a residential complex in Sokilnyky village, near Lviv, marking its first investment in the western Ukrainian city's residential real estate sector. The project, dubbed Viking Gardens, is being developed by local company Viking Development and will
Today's Contents Reporter's Notepad: * URN mulls a new series of articles on investment projects * 5 tips for investors in Ukraine's reconstruction, from the long-time head of Forvis Mazars in Kyiv Just The Facts: * US, Russia start talks on Ukraine, Black Sea maritime ceasefire
Gregoire Dattee has spent the past 16 years in Ukraine as managing partner of global professional services network Mazars and then Forvis Mazars, a global partnership created last year by Mazars and US-based Forvis. Throughout that time, the company has provided audit, accounting and payroll, financial advisory, consulting, tax
US and Russian officials began talks on Monday in Riyadh to discuss a broad ceasefire in Ukraine, with the US looking at a separate Black Sea maritime ceasefire deal as an initial step, Reuters reported. The US delegation is led by Andrew Peek, a senior director at the White House
