The Italian company Fincantieri is leading the way with a plan to develop the Odesa Sea Port, while Wall Street giants such as Blackstone, Carlyle and KKR are trying to grab a piece of the Ukrainian market, as reported by the Asia Times. Fincantieri, the largest European shipbuilder based in Trieste, Italy, has been quietly … Continue reading Italian shipbuilder prepares reconstruction of the Odesa Sea Port
400 jobs and UAH 763 million in investments: Government registers new industrial park in Zakarpattia region
The Cabinet of Ministers has registered the new Muzhay Industrial Park in Zakarpattia region. The Government made the decision at a meeting on 5 December. “The creation of more than 400 jobs in various manufacturing industries, as well as in the field of science and technology, will be a significant stimulus for the region’s economic … Continue reading 400 jobs and UAH 763 million in investments: Government registers new industrial park in Zakarpattia region
WTW sees new market opportunities and offers insurance policies for organizations planning to operate in Ukraine.
Foreign and local companies in Ukraine have adjusted to the new realities and continued to work and try to expand their operations during the war. Moreover, many companies are considering entering the market early so as not to miss out on Ukraine’s reconstruction, but are prevented by internal policies that do not allow them to … Continue reading WTW sees new market opportunities and offers insurance policies for organizations planning to operate in Ukraine.
The Critical Role of Energy Equipment Imports in Ukraine’s Resilience Amidst Russian Aggression, and a Path Towards Renewable Future
The ongoing Russian aggression has turned Ukrainian energy sector into a critical battlefield, with Russia’s relentless attacks targeting infrastructure that sustains Ukraine’s power grid and heating systems. Since the full-scale invasion began in February 2022, these attacks have inflicted unprecedented damage, pushing Ukraine’s energy system to the brink. Yet, amid the darkness lies an opportunity … Continue reading The Critical Role of Energy Equipment Imports in Ukraine’s Resilience Amidst Russian Aggression, and a Path Towards Renewable Future
Labor Market in Wartime: Demographic Challenges for Ukraine
At the beginning of the full-scale invasion, many people lost their jobs. Now, one of the biggest challenges for businesses is a labor shortage, despite the still significant level of unemployment. This indicates that structural unemployment has increased in Ukraine. The war has created extraordinary challenges for the labor market, including workforce losses due to … Continue reading Labor Market in Wartime: Demographic Challenges for Ukraine
Foreigners can Remotely Run Businesses in Ukraine: Launch of uResidency program
The Ukrainian government has launched an electronic residency program. E-residents will enjoy special tax conditions in Ukraine: only 5% of their income. Ukraine's Ministry of Digital Transformation is taking one of its new services out of beta testing. uResidency—an electronic residency format—will allow foreign citizens to run their own businesses from Ukraine. To make the … Continue reading Foreigners can Remotely Run Businesses in Ukraine: Launch of uResidency program
Exploring investment opportunities on the EU border – in Western Ukraine
Western Ukraine, particularly its border regions (oblasts), is emerging as a promising area for business and foreign investment. These include Lviv, Volyn, Zakarpattia and Chernivtsi, which all share borders with EU member states Poland, Slovakia, Hungary and Romania. This strategic location offers unique advantages for businesses looking to tap into both Ukrainian and European markets … Continue reading Exploring investment opportunities on the EU border – in Western Ukraine
Rebuilding Ukraine’s energy sector: International support and investment opportunities
Since the start of the war, Russia has inflicted severe damage on Ukraine’s energy infrastructure, leading to a critical need for comprehensive rebuilding efforts. As a result of the attacks, Ukraine has lost over 9 GW of electricity generating capacities, while local gas production has dropped 5–10 percent. In a recent attack—and one of the … Continue reading Rebuilding Ukraine’s energy sector: International support and investment opportunities
Germany’s support for Ukraine
Since the onset of Russia’s February 2022 invasion of Ukraine, Germany has emerged as a steadfast ally, providing extensive support across various domains. German Chancellor Olaf Scholz recently reaffirmed this commitment, emphasizing that Germany will remain Ukraine’s biggest national supporter in Europe, even amid discussions of budget cuts. During a visit to Moldova, Scholz declared, … Continue reading Germany’s support for Ukraine
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