The Private Sector
The investors, their investments, the regulations and the rule-makers.
Exclusive: Tetra Tech lays off dozens of workers in Ukraine; US prime contractors face local office closures as work goes unpaid
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.
Korea's Itoxi Corp to help City One Development build 2 glass plants in Ukraine
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 eyes opportunities for Irish firms in Ukraine reconstruction
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.
Getin Holding gets nod from central bank to sell Idea Bank Ukraine
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.
Ukraine's Frontline agrees to cooperate with German drone maker Quantum Systems on defense tech projects
Ukrainian defense tech firm Frontline has signed a memorandum of understanding with German drone maker Quantum Systems to collaborate on joint defense technology projects, according to Ukraine's Ministry of Strategic Industries.
Veon finalizes reorganization ahead of Kyivstar's listing on NasdaQ
Telecoms group Veon said on Tuesday it has completed the reorganization of Veon VEON Holdings B.V. and concluded THE consent solicitation process it first announced on Jan 13. These developments mark a key step toward the planned business combination with Cohen Circle Acquisition Corp. I, which is expected to
Ukraine must build capital market infrastructure for post-war recovery, says NBU deputy governor
Ukraine needs to develop its capital market infrastructure to attract both private and international investment for post-war recovery, First Deputy Governor of the National Bank of Ukraine (NBU), Kateryna Rozhkova, said in an interview with Interfax-Ukraine.
Korea's LS Group looking for partner to set up tractor factory in Ukraine, government says
South Korean conglomerate LS Group is considering establishing a tractor factory in Ukraine and is looking for partners for a potential investment, Ukraine's Minister for Agrarian Policy and Food Vitaliy Koval said.
BGV partners with UkraineInvest to attract investments in its $450 million graphite project
Ukraine-based investment manager BGV Group Management said its subsidiary Pobuzhzhia Development has agreed to cooperate with the Ukrainian investment promotion office, UkraineInvest, to attract investments in its $450 million graphite project in the country's Kirovohrad region.
Finland's Hesburger fast food chain opens €7.3 million factory, logistics center in Boryspil
Finnish fast food chain Hesburger opened a hamburger factory and a logistics center in Boryspil city in the Kyiv region on Thursday, following an investment of €7.3 million, the Embassy of Finland in Ukraine said. This marks the first Finnish factory opening in Ukraine since the start of the
Ukraine sets minimum sale price of state-owned Sumykhimprom at $29 million, Ukrbud at $6.3 million
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
Dragon Capital to invest $100 million in Ukraine this year, CEO says
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&
Korea International Trade Association, Ukrainian business discuss reconstruction in Seoul
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