Business

The Cabinet of Ministers of Ukraine has approved the proposal of the supervisory board of NJSC Naftogaz Ukrainy to extend a contract with Naftogaz Executive Board Chairman Andriy Kobolev for four years. The decision to extend the contract until March…

Billionaire oligarch Ihor Kolomoisky faces lawsuits accusing him of bank fraud in the $5.5 billion in losses to his former PrivatBank. The bank is now in state hands following a taxpayer bailout, but Kolomoisky is trying to regain control of…

People arrive to pray at the historical Badshahi Mosque during heavy rain in Lahore, Pakistan, on April 16, 20

Andriy Favorov, who heads the integrated gas business at UkrGasVydobuvannya’s parent company Naftogaz, talks with the Kyiv Post on Feb. 17, 2020

Head of the European Investment Bank (EIB) in Ukraine Jean-Erik de Zagon speaks with the Kyiv Post on Feb. 2, 2020 at his office in Kyiv. With Ukraine already in talks with the International Monetary Fund (IMF) over the possibility…

The National Bank of Ukraine (NBU) in Kyiv on Jan. 11, 2018. The National Bank of Ukraine this week introduced a series of anti-crisis measures designed to ease the economic impact of the COVID-19 pandemic. On March 20

The National Bank of Ukraine (NBU) on Friday increased its offer to exchange non-cash euros for cash to EUR 200 million, Deputy Governor of the NBU Oleg Churiy has said. "We saw a trend at the beginning of this week…

Ukraine, along with the active continuation of the negotiations with the International Monetary Fund (IMF) on the opening of the new Extended Fund Facility (EFF), is also holding consultations with the IMF on the possible receiving financing through the $50…

Imran Ejaz (L), founder of Ukraine House Pakistan, works in his office in Lahore on March 16, 2020. Pakistan native Imran Ejaz, 39, invested $25,000 in a venture in Donetsk, but after Russia started its war there in 20

Mohammad Zahoor, a native of Karachi, Pakistan, is one of Ukraine’s most successful businessmen. On March 18 in his ISTIL Group’s headquarters in Kyiv, holds a framed front page of the Kyiv Post, the newspaper he owned for nine years…