Business

The volume of venture capital raised by Ukrainian IT companies and startups in 2019 amounted to $510 million, which is 1.5 times higher than the maximum of 2018, according to a review by the Ukrainian Venture Capital and Private Equity…

President Volodymyr Zelensky (L) and former Prosecutor General Ruslan Riaboshapka, then Zelensky’s deputy chief of staff, sit in a meeting in Kyiv on July 18, 20

Fitch Ratings has revised the Outlook on Ukraine's Long-Term Foreign-Currency Issuer Default Rating (IDR) to Stable from Positive and affirmed the IDR at 'B'. "The revision of Ukraine's Outlook to Stable reflects the significant impact of the COVID-19 pandemic… The…

Representatives of leading industries and the agricultural sector, in order to solve the problem of deteriorating competitiveness compared to other manufacturers in the world market, have proposed that the Cabinet of Ministers of Ukraine reduces port charges in the country…

UAFIC gets $100,000 from USAID to create mediation platform for handling financial consumer complaintsKYIV. April 23 (Interfax-Ukraine) – The Ukrainian Association of Fintech and Innovation Companies (UAFIC) has been awarded a grant of $100,000 from the USAID Financial Sector Transformation…

A visitor takes of a picture of the Antonov An-225 aircraft taking off at the Hostomel airfield near Kyiv on Apr. 11, 2020

Ursula von der Leyen The European Union may allocate 1.2 billion euros to Ukraine to help limit the economic fallout caused by the coronavirus pandemic, the European Commission announced on April 22. This is an “unprecedented amount” of financial support,…

Andryi Fedoriv, CEO and founder of Fedoriv Marketing Agency and investment firm Fedoriv Group, which have offices in central Kyiv and collectively employ over 120

Standard & Poor's Global Ratings has affirmed its 'B' long-term issuer credit rating on Ukraine's Kernel agricultural holding, outlook is stable and also affirmed its 'B' issue rating on the company's outstanding senior unsecured notes. "In our view, gradually stabilizing…

JSC Ukrgazvydobuvannia, following the results of a tender, has signed a production enhancement contract (PEC) with Expert Petroleum for 15 years on a comprehensive increase in gas production on the company's fields in Western Ukraine, the press service of the…