Business

The size of Ukraine’s shadow economy has grown to 30% of its gross domestic product in 2020, according to the Economy Ministry, but tax experts believe the true share to be closer to 50

The growth of consumer prices in Ukraine in annual terms in July 2021 accelerated to 10.2% from 9.5% in June, the State Statistics Service has reported. According to its data, in July this year, inflation was 0.1%, while in July…

A picture shows the entrance of Fitch ratings agency on August 8, 2011 in Paris. Fitch Ratings, a leading international rating agency in the U.S., has improved Ukraine’s economic outlook from “stable” to &#8220

The mobile network operator Vodafone Ukraine has signed a contract with Raiffeisen Bank International AG for the management of derivatives. The mobile operator said on Monday that the international contract allows Vodafone Ukraine to hedge currency risks on the international…

Attempts by the authorities to limit the list of places for the sale of alcohol and tobacco products, contained in bill No. 580

A worker of city of Kyiv enterprise Kyivblagoustriy dismantling the fence on the hotel construction site on Frolivska and Andriyivsky Uzviz streets on Nov. 9, 2018, in Kyiv. Out of a total 3,332 state-run enterprises, of which 1,369 are functioning,…

Northrop Grumman’s space launch vehicle Antatres equipped with Ukrainian-produced fi rst stage core starts off from Pad-0A at NASA’s Wallops Flight Facility in Wattsville, Virginia, the United States, on Feb. 15, 2020. When massive fires broke out in the Chornobyl…

The Ukrainian Startup Fund (USF) has funded about 200 startups for almost $5 million, the total amount of funding for these projects, together with partners, amounted to $23 million, the Ministry of Finance has said. "During the operation of the…

Ukrainian oligarch Dmytro Firtash reacts prior to a public hearing at the Supreme Court in Vienna on June 25, 20

A pair of electric cars stand outside Bank Agricole’s designated electric vehicle parking zone on Oct. 1, 2019, on Pushkinska Street in central Kyiv. The EBRD loaned $20 million euros ($24 million) to automotive importer Winner Group to update its…