BlackRock CEO Larry Fink said the Western companies should reexamine their ties to China over its support for Russia's economy amid the war in Ukraine, Bloomberg reported. "Ukraine is at our doorsteps here and I'm surprised that there's not a larger questioning or
German companies are expressing a growing willingness to travel to Ukraine despite the war, according to a survey by the Eastern Committee of the German Economy. The survey of around 70 German companies interested in doing business in Ukraine showed that employees from 28 firms have already visited the country
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The Black Sea Trade and Development Bank (BSTDB) has obtained a facility of up to $150 million from the Japan Bank for International Cooperation (JBIC) to support Ukraine's reconstruction efforts. "This funding will be instrumental in helping Ukraine, which is currently facing immense challenges, to recover and
European Union funds meant to promote investment in Ukraine's reconstruction risk gravitating toward large companies because smaller ones are too focused on survival to invest, warned a development bank official working with the funds. Bogdan Zawadewicz, head of Geopolitical Risk Analysis at BGK (Polish National Development Bank), said
The United Nations Office for Project Services (UNOPS) plans to open an office in Warsaw to encourage and support early reconstruction efforts in Ukraine, the Polish Ministry of Foreign Affairs said. "The body will first and foremost carry out programmes for the reconstruction of Ukraine," the ministry said
Ukrainian MP Lisa Yasko said current war risk insurance options in Ukraine are "bureaucratic" and cover only a fraction of the demand, and she called on Richard Verma, the new US envoy to the reconstruction of Ukraine, to help change that. "The process for securing coverage from
The Ukrainian Defense Ministry will receive support from one of the so-called Big Four accounting firms to improve its risk management and compliance system, the ministry said in a press release on Monday, without naming the firm. The Big Four are the largest global accounting networks: Deloitte, EY, KPMG,
The G7 group — the US, Canada, Japan, the UK, France, Germany, Italy, and the EU — is looking to reach a political agreement on the promised $50 billion loan to Ukraine by the end of October and to make the funding available by the end of the year, European Commission Executive
The Hungarian government will continue helping Ukraine boost its energy supply and will encourage Hungary's largest oil and gas company MOL and the power transmission system operator MAVIR to support the development of Ukrainian energy, Hungarian Foreign Minister Peter Szijjártó said Monday. "Hungary will continue to support
Seven Ukrainian frontline regions this month received 600 power generators of varying capacities to prepare for the upcoming heating season, the Ministry of Reintegration of the Temporarily Occupied Territories of Ukraine said Monday in a press release. The generators were provided to the Dnipropetrovs'k, Donetsk, Luhansk, Kharkiv, Mykolaiv,
Ukraine has launched a program that allows foreigners to remotely start and conduct business in the country, called uResidency, Digital Transformation Minister Mykhailo Fedorov said in a post on X on Friday. The program is supported by the EU under the Eu4Ua and DT4UA projects and implemented by the Estonian
Ukraine's government has appointed the former mayor of the western city of Zhytomyr, Serhiy Sukhomlyn, as head of the State Agency for Reconstruction and Development of Infrastructure, the government's envoy to parliament, Taras Melnychuk, said Friday in a post on Telegram. The agency was previously headed
