The State Property Fund of Ukraine (SPFU) has unveiled the Large Privatisation-2024 project, an ambitious initiative to attract strategic investors and stimulate economic growth through the privatisation of state-owned assets. Following the success of small-scale privatisation efforts, this initiative is a key element of Ukraine’s broader economic reform strategy. It aims to enhance transparency, improve … Continue reading Ukraine launches large-scale privatisation
Penny Pritzker shares vision for Ukraine’s economic recovery
At the end of July, Penny Pritzker, the U.S. Special Representative for Ukraine’s Economic Recovery, visited Ukraine to discuss ways to increase private sector investment and jumpstart Ukraine's economy. During her visit, she met with senior Ukrainian officials, including Prime Minister Denys Shmyhal, First Deputy Prime Minister Yuliya Svyrydenko, Minister of Digital Transformation Mykhailo Fedorov, … Continue reading Penny Pritzker shares vision for Ukraine’s economic recovery
Ukraine: Development of a Public-Private Partnership During Wartime
The use of PPP mechanisms in Ukraine is not common and has been only recently gaining momentum. Even though the Law on Concessions was adopted back in 1999 and the Law on Public-Private Partnership in 2010, these instruments have long been underestimated. The main reasons were imperfect legislation and the public sector’s low institutional capacity, traditionally more oriented toward … Continue reading Ukraine: Development of a Public-Private Partnership During Wartime
Government allows foreign businesses to build in Ukraine without licences
At its meeting on 6 August, the Cabinet of Ministers of Ukraine allowed foreign companies to obtain construction permits in Ukraine without obtaining licences. This was reported by the government’s representative in the Verkhovna Rada, Taras Melnychuk, Komersant ukrainskyi. The government has decided to allow foreign companies and organisations operating in Ukraine through separate divisions and permanent establishments … Continue reading Government allows foreign businesses to build in Ukraine without licences
Rebuilding Ukraine Part 4: Investment Opportunities
It is clear to all that a major global financial effort will be required to rebuild Ukraine. It is also now widely recognised that the investment needed to rebuild Ukraine cannot wait until the conclusion of the war. In recent times there has been a developing focus on financing and support for Ukraine’s reconstruction in … Continue reading Rebuilding Ukraine Part 4: Investment Opportunities
A list of funds currently investing the most in Ukrainian startups
In Ukraine, a list of the most active funds investing in Ukrainian startups has been compiled. Some of the most active ones were launched after the start of the full-scale Russian invasion. The list, compiled by Forbes Ukraine, is led by the fund u.ventures. In the first half of the year, the u.ventures portfolio expanded with … Continue reading A list of funds currently investing the most in Ukrainian startups
Power Supply Restoration: Banks Sign Memorandum on Lending for Projects
17 major banks have signed a Memorandum regarding bank lending for projects aimed at restoring the country’s power supply infrastructure. Ukrinform reports that Andriy Pishnyi, Chairman of the National Bank of Ukraine, announced this on his Facebook account. Pishnyi noted, “Yesterday, 17 signatures were affixed to a document that I consider to be somewhat historic … Continue reading Power Supply Restoration: Banks Sign Memorandum on Lending for Projects
Launching the International Action Platform for the Green Recovery of Ukraine and Further Support of Ukraine’s Environmental Sector by Germany
Minister Ruslan Strilets discussed this with Jürgen Raimund Keinhorst, a representative of the Bundesumweltministerium (Federal Ministry for the Environment, Nature Conservation, Nuclear Safety, and Consumer Protection). The Head of the Ministry of Environment thanked the German Government and Steffi Lemke, the German Federal Minister for the Environment, Nature Conservation, Nuclear Safety, and Consumer Protection, for … Continue reading Launching the International Action Platform for the Green Recovery of Ukraine and Further Support of Ukraine’s Environmental Sector by Germany
New Rules and Claim Forms Approved for Registering Damage Caused by Russian Aggression Against Ukraine
On 16 July 2024, the Register of Damage Caused by the Aggression of the Russian Federation against Ukraine (“RD4U”) published the long-awaited Rules and Claim Forms for new claims categories. In particular, this allows state- and privately owned legal entities to submit claims (along with relevant evidence) related to damage or destruction of critical and … Continue reading New Rules and Claim Forms Approved for Registering Damage Caused by Russian Aggression Against Ukraine
Ukraine and UNIDO signed the Program for Green Recovery of Ukraine’s Industry for 2024-2028
ECONOMY INTERNATIONAL ACTIVITY Ukraine and the United Nations Industrial Development Organization (UNIDO) have started implementation of the Program for the Green Recovery of Ukraine’s Industry for 2024-2028. The solemn ceremony of signing the Program took place in Vienna on June 28, 2024. Nadiya Bighun, the Deputy Minister of Economy of Ukraine, signed the program on … Continue reading Ukraine and UNIDO signed the Program for Green Recovery of Ukraine’s Industry for 2024-2028