30 years after independence, Ukraine’s economy is mostly raw-materials oriented, with agriculture and metals making up the bulk of exports – a ratio resembling that of colonial countries. But a new generation of small and medium enterprises (SMEs) are ushering changes into this ratio, having found ways to make Ukraine excel in a number of hi-tech and added value exports. These hidden champions are exporting e-bikes, drones, jewelry, emotions, and more, eroding the grip of oligarchs on the raw-material-dominated economy.
OP-ED
Bohdan Ben: How small and medium enterprises getting Ukraine out of poverty
The drone picture shows an aerial view of a yacht club in Berkovshyna Bay on the Dnipro River in Kyiv on May 27, 2021.
