Business / Exclusive

Procurement platform ProZorro rolls out new feature for business

Ukraine’s Ministry of Economic Development and Trade together with Transparency International presented on July 31 the results of ProZorro electronic …
Veronika Melkozerova

US firm to supply 700,000 tons of heating coal to Ukraine (UPDATES)

State-owned heating company Centrenergo will import 700,000 tons of coal from American miner Xcoal Energy & Resources by the end of 2017, Centrenergo …
Josh Kovensky

How to avoid scams in real estate deals

Because of the sheer volume of lightly regulated transactions — measured in the thousands yearly even in a depressed real estate market like the one …
Denys Krasnikov

Activists say developer illegally added 5 floors in historic Podil

The center of Kyiv’s historic Podil district is at risk of destruction, allegedly because one developer failed to do its due diligence. Atop …
Josh Kovensky

Buyer beware: What it pays to know about Kyiv property

Ukraine’s status as an emerging market means any property transaction will always carry risk. Those risks can be mitigated with due diligence, but …
Rahim Rahemtulla

Kolomoisky’s airline sues Infrastructure Ministry over Ryanair’s entry, demands $772,000

Ukraine International Airlines, which controls nearly 50 percent of the passenger market in Ukraine and is owned by billionaire oligarch Ihor …
Veronika Melkozerova

NBU revokes PwC audit license, citing $5.6 billion PrivatBank failure

Ukraine’s central bank took away big-four auditor PwC’s right to audit banks late yesterday, citing the firm’s failure to record a $5.6 billion hole …
Josh Kovensky

No ‘boom’ in travel to EU after one-month of visa-free regime

  In the one month since Ukraine’s visa-free regime with the European Union came into force, demand for travel to the bloc has increased only …
Rahim Rahemtulla

Ukraine makes it easier, but pricier to employ foreigners

Turkish citizen Erdeniz Ünvan divides his time between Kyiv and Istanbul. Discouraged by political and economic calamities in Turkey, he and his …
Bermet Talant

Russia allows Crimean borrowers to avoid paying debts at Ukrainian banks

Russian occupation authorities in Crimea will pass a regional law allowing the local borrowers to write off their debts to Ukrainian banks, Russia’s …
Illia Ponomarenko

Renewable energy growing, but needs more investment

Like so much in Ukraine, renewable energy has enormous potential. But while it is developing, it remains held back by insufficient investment. In its …
Will Cohen

Energy efficiency investment rises, but falls short of needs

Millions of Ukrainians could slash their energy bills by as much as 40 percent, on average, with the right efficiency-boosting measures. But a lack of …
Rahim Rahemtulla

Ukrainian company building stylish new camper trailers

Pavlo Volkov from Kyiv, a big fan of nature and traveling, has turned his twin loves into a successful business. About a year ago, he decided to build …
Toma Istomina

Cabinet makes it easier to privatize state property

The Cabinet of Ministers of Ukraine on July 4 approved new procedures intended to make it easier to privatize state property and defining which …
Veronika Melkozerova

Poll: Ukraine’s business climate improved significantly in 2017

The Ukrainian economy’s attractiveness to foreign and domestic investors shot up in 2017, scoring more than three points out of a possible five for …
Veronika Melkozerova

Jump in Ukraine-Russia trade prompts activists to renew call for boycott

Civil activists are expressing their anger at new figures that show trade between Russia and Ukraine increased significantly in the first months of …
Rahim Rahemtulla

Mergers and monopolies are part of regular menu for this lawyer

Name: Mykola Stetsenko Position: Partner and Founder at Avellum Key point: Possibly more antitrust enforcement ahead Did you know? He serves on the …
Josh Kovensky

Workaholic combines languages, law to give firm an edge in market

Name: Timur Bondaryev Position: Arzinger founding and managing partner Key point: Take every chance to resolve disputes outside of Ukraine Did you …
Rahim Rahemtulla
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