Business / Exclusive

SBU pressures Russia’s Lukoil for debts, suspicion of support for separatists

The service, known as the SBU, launched a criminal case against Russian oil giant Lukoil on Feb. 17 for non-payment of money it owes for the purchase …
Ivan Verstyuk

Jaresko: ​Ukraine hopes to save $15 billion over four years after talks with creditors

However, Finance Minister Natalie Jaresko hopes to shave $15 billion off the amount in the next four years through restructuring talks with …
Ivan Verstyuk

Affordable Ukraine-style tablet comes to market

MYTAB Garda is marketed as a Ukrainian tablet, though it has Intel’s processor, Microsoft’s Windows 8.1 operation system and was produced in Shenzhen, …
Bozhena Sheremeta

Expanding presence on EU market essential to further growth of Ukraine’s key agricultural sector

The European Union is Ukraine’s leading agricultural trading partner. In 2014 some 30 percent of Ukraine’s agriculture exports went to the EU, …
Anastasia Forina

Ukrainian startup promises easy 3D printing

The main problem with 3D printing now is it is too complicated for many people. The first time Usov discovered a 3D printer was at the IDCEE …
Bozhena Sheremeta

Kniazha witnesses insurance business downturn

There is a need in a stronger state regulator to ensure companies’ capitalization and clear the insurance market of money laundering entities, he …
Olena Gordiienko

Black market attracts foreign currency dealers as hryvnia plummets

All one has to do is go to a website like finance.ua and find a list of various amounts and rates available with the sellers’ or buyers’ phone …
Ilya Timtchenko

Economic toll of Russia’s war growing daily for Ukrainians

Business planning is becoming more complicated as consumers pull back from spending and try to stash savings in dollars, not tempted by banks’ offers …
Ivan Verstyuk

New IMF program: too little, too late?

The remaining $22.5 billion is expected to come from a combination of governments, international institutions such as the World Bank and hopefully the …
Ivan Verstyuk

Robotics lab makes drones that Ukraine can use in war

Dmytro Franchuk, deputy head of the robotics lab and its key drone engineer, says production is based on 3D printers that use up 20 kilograms of …
Bozhena Sheremeta

World In Ukraine: Austrian ambassador says sanctions OK, but more dialogue needed

More than a half-century later, Austrians still warmly recall the Soviet Union’s role restoring Austria’s post-World War II sovereignty in 1955. In …
Olena Gordiienko

Ukraine remains far from top priority of Austria’s foreign policy concerns

Gustav Gressen, a European Council on Foreign Relations visiting fellow, says there are pro-Russian politicians in almost all major Austrian political …
Ilya Timtchenko

Many Ukrainian oligarchs fancy houses in Vienna

I kick off my trip in the village of Tulbingerkogel, a 30-minute bus ride outside of Vienna. This village is the official Austrian home of Serhiy …
Katya Gorchinskaya

Layoffs start amid tumbling Ukraine economy, hryvnia

The latest official data reveals a 9.9-percent unemployment rate as of the end of the third quarter in 2014, while Oleksandr Zholud, an economic …
Ivan Verstyuk

Deregulation set to boost economy, create new jobs

The Cabinet of Ministers passed a resolution simplifying a number of procedures for getting business permits in food, agriculture, oil and gas and …
Anastasia Forina

Giant steel maker about to halt due to gas shortage

This is a direct result of company’s debts. The plant “is on the brink of having to shut down due to a halt of natural gas supplies by the gas …
Ivan Verstyuk

Firtash’s bank declared insolvent; most depositors to get money back

It didn’t pass the stress test and failed to comply with legal norms, NBU said in an official statement. With the massive deposit outflow and …
Ivan Verstyuk

Mobile apps to help with first aid instructions at war front

Win Interactive, a Ukrainian game developer, created a mobile application that provides first medical aid instructions – Domedychna dopomoha …
Bozhena Sheremeta
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