Ukrainian oil and gas firm Ukrnafta has agreed to acquire a 51% stake in Alliance Holding, a network of 118 operating gas stations, from Shell International Company, Ukrnafta said, without saying how much it paid.
The existing 1,550 employees at the gas stations and in the head office will be retained, Ukrnafta said in a press release. All gas stations will be re-branded within a year and the terms of existing B2B agreements will be fully adhered to.
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
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 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.
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.
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
Dear reader, As building materials manufacturers, mining companies, airlines, venture capitalists, investment bankers and others take note of the possibility of an end to the war and the start of the historic reconstruction, so too does the global stock-investing community. Ukraine Rebuild Newswire recently asked Swen Lorenz, the face of
FortuneGuard, a Ukrainian InsureTech startup that has developed an AI-powered war risk insurance solution for Ukraine, is now in talks to raise capital and take the model to new markets and product lines. The solution, launched in partnership with UK reinsurance broker McGill and Partners and ARX Insurance, a Ukrainian
The following news article was produced in a partnership between Ukraine Rebuild Newswire and top 10 global law firm CMS. Much of the article is based on CMS' "Prosthetics Market in Ukraine" report, available here. Some 60,000 Ukrainians have lost limbs in three years of war,
