Finance

Ukraine Aims to Secure $1 Billion from World Bank to Strengthen Economic Policy

According to the Ministry of Finance, the funds are expected to be provided by the International Bank for Reconstruction and Development (IBRD) in 202...

Sumykhimprom Put Up for Sale with Starting Price of UAH 1.15 Billion

According to the State Property Fund of Ukraine (SPFU), the privatization asset includes 64 units of real estate and infrastructure—comprising product...

Historic Kosmos Cinema in Zhytomyr Sold for UAH 25 Million

On June 3, the first auction for the sale of the Kosmos cinema building, located at 5 Polyova Square in Zhytomyr, took place. Zhytomyr City Council ap...

Ukrainian Bank Consortium Provides UAH 3 Billion Loan to DTEK for Energy Storage Facilities

DTEK announced that the nearly UAH 3 billion (€67 million) loan will be used to develop one of the largest energy storage projects in Eastern Europe. ...

TAS Group, Led by Serhiy Tihipko, to Boost Investments from $140M to $180M in 2025

During the Forbes Money forum, Serhiy Tihipko, Chairman of TAS Group, stated that the key investment criteria for the group are company cash flow, exp...

G7 countries commit $18.4 bln in funds for Ukraine

Finance ministers and central bank governors of the United States, Japan, Canada, Britain, Germany, France and Italy – the G7 – are holding talks as U...

Ukrainian SID Venture Partners invested in The Credit Thing (ex-Koto) and The Breakfast

The Credit Thing - a neobank, e-money account and credit card, a challenger in the UK credit market. The startup has 20,000+ customers, well-known Mon...

Ukrainian IT company Miratech raised funds from Horizon Capital

Miratech Group, a next-generation digital engineering and consulting services company, announced a minority stake equity investment from Horizon Capit...

EBRD boosts trade finance support for Ukraine by €100 million

The European Bank for Reconstruction and Development (EBRD) is substantially increasing its trade finance offer for Ukraine to support both general tr...

Charity Fund ReHome has begun construction of free social housing for Ukrainian refugees

More than 3 million of Ukrainians have become refugees, many of them lost their homes forever. The majority of the migrants and victims  live in unsat...

Foreign companies that have left Russia

Since Putin's barbaric military invasion of Ukraine, 380 foreign companies have announced their withdrawal from Russia, although some have feared and ...

Russia starts government lawlessness and raider attack on foreign business

The Bank of Russia has approved a bill from the Ministry of Economic Development of the Russian Federation on the external management and nationalizat...

EBRD unveils €2 billion resilience package in response to the war on Ukraine

The European Bank for Reconstruction and Development (EBRD) has announced an initial €2 billion resilience package of measures to help citizens, compa...

Emergency State Has Been Introduced in Ukraine Starting with 24 February 2022

Information in Ukrainian on the Law is available at http://w1.c1.rada.gov.ua/pls/zweb2/webproc4_2?id=&pf3516=7108&skl=10. Based on available t...

Metinvest to invest US$1.2 billion in Ukraine in 2022

During 2022, the Group will continue the environmental modernisation of its facilities. A key project is the reconstruction of the dedusting systems i...

Foreign Investors Buy out Bankrupt Banks’ Debt Portfolio from Investohills Vesta

Investohills Helianthus Investment Fund founded by Emso Asset Management Limited (USA, UK) and APartners Capital Investment Management Limited (Italy,...

HARMAN Acquires Mixed Reality Pioneer Apostera

HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. focused on connected technologies for automotive, consumer and enterp...