Business

The Central Post Office located in a historic building in Kyiv on Khreschatyk Street on April 12, 2021. The owner of this building, state postal operator Ukrposhta, considers selling some of its premises to turn them into a hotel with…

The International Monetary Fund (IMF) remains in negotiations with Ukraine and expects more progress for the allocation of the second tranche under the Stand-By Arrangement. At a traditional briefing in Washington on Thursday, IMF Spokesperson Gerry Rice said that the…

DTEK Oil&Gas has completed the drilling of a new high-rate well with a depth of 5,450 meters and a capacity of 460,000 cubic meters of gas and 120

Ukraine’s wealthiest increased their net worths altogether by 42% over the last year, to a total of $44.5 billion. The pandemic was anything but a crisis for Ukraine’s wealthiest: 76 of the top hundred wealthiest in Ukraine saw their wealth…

Firefly Aerospace Inc., the American rocket and space technology developer, owned by Ukrainian businessman Maksym Poliakov, has completed the first round (A) of venture funding with more than $ 175 million raised (with the planned $ 75 million), the total…

The European Investment Bank (EIB) at the end of April approved the allocation of EUR 58 million to Ukraine to finance the second component of the project to modernize the vocational education and training (VET) system. The bank said on…

Executive board members of NJSC Naftogaz Ukrainy called on the Cabinet of Ministers of Ukraine to resolve the situation with respect to the company's Supervisory Board, which had resigned. On their Facebook pages, Serhiy Pereloma, Peter van Driel, Otto Waterlander…

The headquarters of state-owned oil and gas company Naftogaz. Naftogaz executive board members threatened to resign if the government doesn’t find an agreement with the company’s supervisory board before their resignation takes effect on May 14. Naftogaz executive board members…

Secretary of the National Security and Defense Council of Ukraine (NSDC) Oleksiy Danilov asked Prime Minister Denys Shmyhal to analyze and send to the NSDC Office the structure of owners of all energy and gas companies in Ukraine, LIGA.net reports…

Ukraine’s oil and gas company Naftogaz former CEO Andriy Kobolyev talks during a press conference in Brussels on Jan. 21, 20