Ukraine's deputy energy minister and three others have been arrested for allegedly accepting a $500,000 bribe in exchange for the transfer of state-owned coal mining equipment, state anti-corruption authorities said. Ukraine's National Anti-Corruption Bureau (NABU) alleged that Deputy Energy Minister Oleksandr Kheil,
Foreign citizens have opened 3,075 companies in Ukraine since the full-scale Russian invasion of February 2022, led by company openings in wholesale trade, according to company registration data. The data, tracked by analytics firm Opendatabot, shows Turkish citizens were the most likely to start companies in Ukraine, with
Cement production by Ukrainian manufacturers jumped 24.4% in the first half of 2024 compared to the same period last year as the need for reconstruction materials increases with war damage. Output rose to 3.8 million tons between January and the end of June this year, Ukrcement, the national
A German-supported program to teach Ukrainians skills needed to rebuild their country has finished training 1,200 people and plans to raise that number to 2,000 by the end of the year, Ukraine's Economy Ministry said. The Skills4Recovery program, administered by the German state-run Deutsche
Olympic victories have helped position the reconstruction of Ukraine's sports program as a fundamental part of the $500 billion-$1 trillion physical rebuilding of the country after the war, say sports figures and government officials.
Ukraine's Health Ministry appointed representatives of the UNDP, Unicef and the Embassy of Lithuania to a committee overseeing the rebuilding of a missile-struck children's hospital after complaints of poor transparency thwarted an earlier attempt at reconstruction. Representatives of the three bodies are among the first
Kyivstar, Ukraine's largest mobile operator, said it boosted investments by 63.1% year-on-year in the second quarter of the year to rebuild and upgrade the country's war-damaged telecommunications network. The company, which has 23 million mobile subscribers, said it invested UAH 2.275
Some 43% of German companies in Ukraine plan to increase their investment in the next 12 months, according to a survey by KPMG Deutschland and AHK Ukraine - German-Ukrainian Chamber of Industry and Commerce. The survey of 142 companies showed 49% planned to leave their investments unchanged over the next
Compiling a directory of law firms doesn't sound very ominous. But add a full-blown Russian invasion, missile attacks, air raid alarms and constant power outages, and you start to get the idea of the challenge of putting together the 21st edition of Ukrainian Law Firms for Foreign
The Ukrainian government has changed regulations to let foreign companies with offices in Ukraine carry out construction of more complex or sensitive buildings, such as malls, hospitals and factories under a simplified procedure. Foreign companies with representative offices or separate divisions in Ukraine will be allowed to build structures classified
The governments of European Union nations approved a €4.2 billion payment to Ukraine as the first official payment from a €50 billion aid package earmarked for the country's reconstruction. The Council of the EU said Ukraine had met the nine conditions set out for the payment, which
Unscrupulous real estate developers in Kyiv are quietly bulldozing historical buildings to make way for more profitable projects while the attention of the nation is focused on the war against the Russian invasion, the Kyiv Independent reported. The bulldozing on July 19 of the Zelensky Manor, the historic dwelling of
Major Ukrainian companies are calling for mass exemptions for their staff from military service, even offering to pay to exempt workers from the draft, as they throttle back production amid a worsening labor shortage, according to a Financial Times news feature. Pipe maker Interpipe, for example, has more than 1,
Ukraine received a $3.9 billion grant from the United States to help the country pay for social programs and other non-military expenditures, Ukrainian Finance Minister Sergii Marchenko said. "Grant support is extremely important to us as it does not increase Ukraine's debt burden,|Marchenko said
Kellyanne Conway, who served as a high-profile senior counsel to Donald Trump when he was president of the US, has registered as a lobbyist for the charitable foundation of Ukrainian billionaire Victor Pinchuk. Under a $50,000-a-month contract, Conway has agreed to "make best efforts to
The Ukrainian government will hold a new tender for the reconstruction of a children's hospital hit by a Russian missile last month after public outcry over the selection process prompted the cancellation of a previous tender.
