Business / Exclusive

What energy market in Ukraine needs to thrive

It’s been called the biggest financial crisis in Ukrainian energy in recent memory. Power companies are not getting paid. The grid operator groans …
Igor Kossov

Ambitious Fedorov aims to show how Ukraine will prosper in digital revolution

Digital Transformation Minister Mykhailo Fedorov wants to make Ukraine the most convenient state in the world. The 29-year-old, tech-savvy official …
Daryna Antoniuk

95-year-old Farmak takes lead on domestic pharmaceutical market, aims to enter US

Ukrainian pharmaceutical company Farmak has been around since before World War II. Founded in 1925 under another brand name, Farmak hasn’t only …
Denys Krasnikov

COVID‑19, spurring emphasis on testing, boosts laboratories

The COVID‑19 pandemic has killed more than 1,000 people in Ukraine and damaged its economy. But there may be a silver lining. Laboratories, once …
Igor Kossov

France invests 64 million euros to bring drinkable tap water to Mariupol

The French government will allocate 64 million euros ($72 million) to build a water purification plant in Mariupol, a city of 560,000 located 30 …
Alexander Query

Denmark green-lights construction of Nord Stream 2 in its waters

The Danish Energy Agency (DEA) has authorized the use of Russian ships in order to continue the construction of the Nord Stream 2 gas pipeline.  The …
Ekaterina Shengeliya

Energy transmission tariff to increase by 54% in August

Starting next month, transmission tariffs for using the electrical grid will go up by 54% — from Hr 155 per megawatt-hour to Hr 240. The National …
Igor Kossov

World in Ukraine: USA

Editor’s Note: World in Ukraine takes a look at Ukraine’s bilateral relations with different nations. All articles are written independently from …
Kyiv Post

Still no justice in sight for troubled Ukrainian banks

Ex-Ukrainian Prime Minister Oleksiy Honcharuk says that his team needed more time than just six months to battle corruption, overhaul law enforcement …
Jack Laurenson

Fishing in shark-infested waters: asset liquidation in Ukraine

Starting five years ago, Ukraine was forced to take half its banks off the market. This left more a huge volume of assets that needed to be disposed …
Igor Kossov

Dangerous quotas: Limiting fertilizer imports might kill competition, benefit oligarchs

Thousands of outraged Ukrainian farmers from across Ukraine descended on Kyiv in late May in an attempt to block new import quotas on fertilizers. The …
Natalia Datskevych

Lured by conditions abroad, Ukrainian workers won’t stay home after quarantine eases

Many Ukrainians rush abroad in the summers. But not all of them take vacations there — many move to a foreign country to work. They pick fruit, …
Daryna Antoniuk

The city for the people of the future today

What will the city of the future look like? Smart and creative, free and responsible. And that is exactly the city KAN Development is creating. KAN …
KAN Development

Yulia Kovaliv: With pandemic increasing competition for investment, we have to pick up speed

It could have been a good year for Ukraine’s economy. In January, Ukraine placed eurobonds with a historically low interest rate. Negotiations for …
Olga Rudenko

Ukrgasbank tackles both mortgages and solar energy with affordable financing

State-owned Ukrgasbank has gained a reputation as a top green financing ambassador in Ukraine. In 2016 the bank fundamentally changed its vector of …
Ukrgasbank

Will next central bank head be independent of Zelensky?

The forced resignation of National Bank of Ukraine governor Yakiv Smolii stunned the banking sector and shook Ukraine’s relationship with …
Igor Kossov

Farmak stands strong throughout the COVID-19 pandemic

Adapting to life under the coronavirus pandemic was no easy feat. Yet despite the challenges, pharmaceutical company Farmak did not stop production. …
Farmak

Time to worry

Business continuity planning has never been more relevant, and every executive should be thinking about the threats that lie beyond COVID-19 Business …
ELEKS
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