The Private Sector
The investors, their investments, the regulations and the rule-makers.
Dragon Capital buys Kyiv's Caravan Outlet Mall
Dragon Capital, one of Ukraine's most prominent investment firms, said it has completed the acquisition of Caravan Outlet Mall in Kyiv, the city's only large outlet center. Financial terms of the deal are confidential, Dragon Capital said Monday in a press release. Caravan Outlet Mall , which
BlackRock CEO calls on Western firms to reconsider China ties over Ukraine war stance
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 businesses show growing interest in visiting Ukraine, survey finds
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
Ukraine Facility investment funds may drift toward large firms as small ones fight for survival, BGK official says in Kyiv Post interview
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
'Big Four' accounting firm to help Ukraine's defense ministry with risk management deficiencies
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,
Seven Ukrainian regions get 600 generators via EU's Civil Protection Mechanism
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,
New EU-backed program lets foreigners start and run businesses remotely in Ukraine
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
Norwegian DFI Norfund given green light to invest in Ukraine to promote reconstruction
The Norwegian government has given the green light to Norfund, the state development finance institution (DFI), to invest in Ukraine, with an eye to boosting the reconstruction of the country. The government has proposed that NOK 250 million ($23.8 million) be set aside in 2024 for Norfund, which focuses
City of Kyiv to sign deal with investors to complete unfinished projects of builders Ukrbud and Kyivmiskbud
The City of Kyiv will soon sign an agreement with a group of investors to address unfinished construction projects by the major Ukrainian building firms Ukrbud and Kyivmiskbud, the Kyiv City Council said in a press release on Thursday. "We must determine the financing mechanism by the end of
Swedish defense firm Saab plans to start production in Ukraine, CEO tells Reuters
Swedish defense equipment manufacturer Saab is considering starting production in Ukraine as the war boosted demand for military products, CEO Micael Johansson told Reuters on Wednesday. "We have to help Ukraine build sovereign capacity and capabilities, so we need to have partnership with Ukrainian industry in Ukraine and also
Zelensky meets US energy, finance execs to seek support for energy infrastructure
Ukrainian President Volodymyr Zelensky met with US energy, finance, and insurance executives in New York on Tuesday, seeking investments for his country's energy sector. "The primary focus was on preparing Ukraine's energy system for the winter," Zelensky said in a post on X. "
Elementum Energy plans to add 400 MW of wind capacity in Ukraine, CEO tells Forbes
Renewable energy firm Elementum Energy plans to build wind power plants with an installed capacity totaling 400 MW in Ukraine in the coming years, the company's CEO Olga Rybachuk told Forbes.ua in an interview published Tuesday. Rybachuk said the company plans to add 200 MW of wind
29% of Polish firms consider investing in Ukraine in 2025 even if war continues, study finds
Nearly a third of Polish companies are considering investing in Ukraine in 2025 even if the war with Russia continues, Polish daily Rzeczpospolita reported on Tuesday, citing a survey. The poll of 500 firms from the manufacturing, services, and trade sectors found that 29% are considering investing in Ukraine. The
Volvo CE to teach Ukrainian women to operate excavators and wheel-loaders in Iron Woman program
Swedish construction equipment manufacturer Volvo CE will launch next month its Iron Women program, a reskilling initiative to train women to operate construction machines, in Ukraine, the company said in a press release on Monday. The program aims to address the labor shortage in Ukraine amid reconstruction efforts, a refugee