Business / Exclusive

World In Ukraine: Danish ambassador says her nation does ‘utmost’ to assist Ukrainians

The Danish government has spent $118 million to help Ukraine’s democratic development in the last five years. It also spent $2.8 million in crisis aid …
Olena Gordiienko

Akhmetov’s Corum plans bold expansion to China

On Jan. 23, Corum, previously known as Girnychi Mashyny, obtained a license from the Chinese government to launch a production platform in the country …
Ivan Verstyuk

World in Ukraine: Danish business stays optimistic about Ukraine despite current economic crisis

Danes have always been highly cooperative and communal. “That means if one is there – 10 will come right after,” says Lars Vestbjerg, head of …
Olena Gordiienko

It’s survival time for hotels in Kyiv, says Bulte of Radisson Blu

Though it has not been hit, the explosions come close. Finding supplies and  electricity shortages are becoming major issues. The hotel’s branch in …
Ilya Timtchenko

Lego finds Ukraine’s market challenging, requiring creativity

Lego is popular in Ukraine. Minicity, for example, a Lego-theme play center for children and adults, is located in Kyiv. One can even find a YouTube …
Ilya Timtchenko

E-commerce turbulent due to hryvnia drop

The most profitable on the market are home appliances and electronic gadgets, reaching $1 billion in sales. Clothes sales volume is $150 million and …
Bozhena Sheremeta

Ukraine’s top central banker: Let market decide what hryvnia is worth

The central bank raise its key interest rate, from 14 percent to 19.5 percent on Feb. 6, in a bid to cushion the inevitable depreciation of the …
Ivan Verstyuk

Ukrainian alcohol factories stand idle as crisis deepens

He hopes 17 more will start working by April. Previously a subject to the government’s privatization program, Ukrspyrt remains on the state’s balance …
Ilya Timtchenko

Experts: Tax reform is move in right direction, but still needs work

Experts say the new tax law is only a step in the right direction. Many taxes remain too complicated to manage, while others are questionable. Lobby …
Olena Gordiienko
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Mariana Antonovych

Abromavicius: Trade with Russia fell by half, new partners needed

Now, however, there is hard evidence that the disentangling of the two nations’ economies appears to be well under way.  Bilateral trade with Russia …
Ilya Timtchenko

MHP enters Ukrainian stock market

With the biggest local companies traded elsewhere but not in Ukraine, this might be an important step, even though the percentage of the …
Ivan Verstyuk

Ukrainian blamed for Russian ruble’s fall forced out of Moscow Exchange job

“Dear friends, I’ve made a decision, which wasn’t easy, to leave the Moscow Exchange after three years of working here,” Sulzhyk wrote on Facebook. …
Ivan Verstyuk

Electric taxis to offer cheap rides in Lviv

Also, special chargers for the cars will be built in the western Ukrainian city of more than 700,000 people, The goal is to show the advantages …
Bozhena Sheremeta

Russia bets on Turkish Stream after EU refuses to cooperate

This comes as another attempt to bypass Ukrainian gas transportation system, which still transports most of Russia’s Europe-bound gas, in doing energy …
Ivan Verstyuk

Audit market slows down amid economic crisis, war

A shakeout took place in 2014, with 11 percent of audit firms disappearing, bringing the number down to 1,326. Small ones – those with revenue of less …
Olena Gordiienko

CEO Watch: EY’s leader tackles Ukraine crisis with Western approach

Editor’s Note: In 2015, the Kyiv Post will offer more coverage of the leaders who run Ukraine’s biggest and best companies in the CEO Watch …
Ilya Timtchenko

CEO Watch: Universal Bank CEO looks hard to find bright spots in economy

Editor’s Note: In 2015, the Kyiv Post will offer more coverage of the leaders who run Ukraine’s biggest and best companies in the CEO Watch …
Ilya Timtchenko

Ukrainian hardware providers bet on outsourcing production to China

LaMetric Nazar Bilous, chief executive officer at LaMetric, which makes devices that go with one’s smartphone and display some of its content, says he …
Bozhena Sheremeta
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