The investors, their investments, the regulations and the rule-makers.
Mike Pompeo, who served as the head of the CIA and then secretary of state under former US President Donald Trump, has been named a director of Kyivstar, Ukraine's largest mobile telecoms operator. Pompeo, who led the CIA in 2017 and 2018 before becoming secretary of state until
Ukrainian Prime Minister Denys Shmyhal met with Alexander Soros, the son of billionaire George Soros and chair of the Open Society Foundations, which is planning new projects in Ukraine. "Open Society Foundations plans to start new projects, so we discussed our priority needs: economic recovery, reconstruction, social sphere,"
The Ukrainian government's anti-corruption agency has added Nestle to its blacklist of companies that continue to do business with Russia, labeling the global food giant an "international sponsor of war." Nestle joins fellow food conglomerates Unilever, PepsiCo and Mars and 41 other companies on the
BlackRock will create a "project team" early next year to prepare a much-anticipated fund meant to attract up to $50 billion in investment into the reconstruction of Ukraine, the country's Economy Minister Yulia Svyrydenko said. "In the first quarter of 2024, BlackRock plans to
The State Property Fund of Ukraine, charged with privatizing state companies, sold the first of 17 prosthetics and orthopedics firm it holds, as the war drives up demand for its products. The Khmelnytskyі Prosthetic and Orthopedic Enterprise, a manufacturer of prosthetic and orthopedic products with 47 employees in western Ukraine,
The Ukrainian Ministry for Restoration has started talks with neighboring nations to expand traffic capacity through the southeastern town of Reni, on the borders of both Romania and Moldova, to boost exports and help rebuild Ukraine. The project would reconstruct the road from the town of Reni, in the extreme
Andritz Hydro, the supplier of equipment and services for hydropower plants, has agreed to work with state hydropower producer Ukrhydroenergo to develop and produce green hydrogen as Ukraine prepares for reconstruction and pushes to join the European Union. The three-year agreement commits the companies to develop green hydrogen projects,
The European Bank for Reconstruction and Development (EBRD) and two other international development organizations have agreed to provide $480 million in financing to help MHP, Ukraine's largest chicken producer, refinance debt, boost output and expand its agricultural waste-to-energy facilities. The US International Development Finance Corporation (DFC)
Miyamoto International, a California-based engineering firm specialized in reconstruction after war and natural disaster, has agreed to build a waste management system in Kyiv to process and recycle the waste generated from the demolition of war-damaged buildings, city officials said. "This is an important phase of the
The government of Ukraine has been "sounding out" major investors about the possibility of restructuring the country's $20 billion in international debt and raising new funds, Reuters reported out of London, citing three unnamed sources. The head of Ukraine's debt management office, Yuri Butsa,
Turkish firms Ozaltin Holding and Dolsar Muhendislik agreed to help Ukrainian state hydro power producer Ukrhydroenergo rebuild the 351 MW Kakhovka hydro power plant (HPP) blown up in June and construct the Kanivska pumped storage power station (PSPP) on the Dnieper River. Ukrhydroenergo signed separate memoranda of agreement with both
Ukraine’s government aims to auction off a vodka distillery for as little as $500,000, a stone quarry with a starting price of $7.2 million, a dental products maker at a starting value of $1.3 million, a state vocational school for as little as $9,000, and
The Romanian government is in talks to buy the Danube River port of Giurgiulesti in the neighboring landlocked Republic of Moldova to transform it into a shipping hub for the reconstruction of Ukraine after the war, Romanian Prime Minister Marcel Ciolacu said in an exclusive interview with news outlet Digi24.
Kyivstar, Ukraine's largest mobile operator, will work with US-based hardware and software firm Trimble to install almost 200 communications towers across Ukraine to offer high-precision satellite positioning services for use in engineering, mapping, shipping and other trades. The companies will build 41 communications towers in the
