Business

The real gross domestic product of Ukraine in the first quarter of 2021 decreased 2.2%, the State Statistics Service reported the updated estimate on Tuesday, while in the middle of May the decline was tentatively assessed at 2%. According to…

The Ministry of Economy proposes to lift the ban on the export of unprocessed timber and add new commodity items to the list of timber and wood products, the export of which requires the obligatory submission of a certificate of…

President of Ukraine Volodymyr Zelensky signed the law on amending section XXI Final and Transitional Provisions of the Customs Code of Ukraine on the extension until January 1, 2025 of the exemption of airlines from customs duties when importing foreign…

A land and water tour bus is pictured in Stockholm, on October 31, 2020

A couple choose furniture in an IKEA store in Kyiv on June 8, 2021. Following the official launch of the online store in May 2020, the Swedish retailer opened its first 5,000

Grain Alliance workers load wagons with corn at a grain storage facility in Chernihiv oblast in March 20

A bunker in Lviv which was sold by the State Property Fund of Ukraine for $191,000 on June 18, 2021. A Cold War era bunker in Lviv has ben sold at a State Property Fund of Ukraine privatization auction for…

An engineer installs Ericsson telecommunication equipment onto a phone mast. Erik Liljengren, a Swedish entrepreneur in Ukraine and chief financial officer of Oium, an outsourcing consultancy, found it odd when Ukrainian businesspeople approached him with a proposal to build a…

Ukraine is among the European Bank for Reconstruction and Development’s top three investment destination. In the last two years, the EBRD has committed two billion euros to the Ukrainian economy. The European Bank for Reconstruction and Development will provide state-owned…

The Ministry of Energy is orienting representatives of the "green" energy industry to hold full-fledged "green" auctions next year, having previously announced the revision of quotas for participation in them for various types of renewable energy generation, Andriy Konechenkov, the…