Business

Some cars drive on European Square on April 20, 2020

A view of Varosia in Turkish-controlledFamagusta, Cyprus on Aug. 29, 2019. Many holding companies ownCypriot companies for tax purposes, as Cyprus typically has among thelowest corporate tax rates in Europe. Every year, Ukraine loses at least $50 billion a year…

Vladimir Kotenko, head of tax and law at EY Ukraine, speaks with the Kyiv Post on July 2, 2020 in his office in Kyiv. In a nation with a $50 billion state budget, any rash changes in revenue or tax…

The National Bank of Ukraine (NBU) at its second auction of interest rate swap on July 15 satisfied the applications of five banks for UAH 410

President of Ukraine Volodymyr Zelensky welcomes the results of an online auction for the sale of the Dnipro Hotel in Kyiv. "Large privatization has started! The auction on the sale of the state-owned block of shares of PJSC Dnipro Hotel…

The State Property Fund of Ukraine (SPF) during an online auction on July 15 sold Dnipro Hotel in Kyiv for UAH 1.1 billion. According to the ProZorro.Sale system, the winner at 16:52 in the third round was Smartland LLC, registered…

Ukraine has opened its first Diya Business center for supporting entrepreneurs with small and medium-sized enterprises in Kharkiv on July 1, 2020. Ukraine has opened its first support center for small and medium-sized businesses in Kharkiv, a city of 1.4…

A Wizz Air plane flies over the Chain Bridge of the Danube River in Budapest on May 1, 20

The Cabinet of Ministers of Ukraine decided to ban the import of wagons of residents and the railway administration of the Russian Federation into Ukraine at a meeting on Wednesday, Verkhovna Rada deputy Oleksiy Honcharenko (the European Solidarity faction) said…

Prime Minister of Ukraine Denys Shmyhal expects that Naftogaz Ukrainy will join the financing of the program to improve the energy security of social infrastructure in the controlled territories of Donbas. "This is a social and charitable program to improve…