Moscow courts Western firms with promises of economic opportunities – FT
Russian officials have begun directly contacting major US multinationals about returning to the country as Moscow and Washington rapidly re-engage politically.
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Business
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One-third of American companies still operate in Russia despite war
American companies have withdrawn from Russia at a slower pace than European businesses, maintaining 46% of pre-war revenue in 2023 compared to just 2-4% for Northern European firms.
Russian tycoon secretly owned US flight app before FSB connection
A US flight tracking application with millions of users worldwide was purchased by a Russian businessman with close ties to state corporation Rostec.
War wounds doomed them to unemployment. Then they sparked Ukraine’s economic boom
Cast aside by employers, Ukraine's wounded veterans and war widows drive nation’s small business boom, healing both the economy and their own battle scars.
Ukraine’s economic growth expected to reach 4% in 2024, but slow in 2025 due to labor shortages
A return to Black Sea trade boosts 2024 growth, but labor and energy constraints dampen longer-term prospects.
Norway and Germany allocate $ 2.1 million to support energy resilience of small businesses in Ukraine
A new grant program offers Ukrainian entrepreneurs over $21,000 for energy equipment investments.
Over 20 Finnish business projects received support under Ukraine’s reconstruction plan
Finland's plan for Ukraine's reconstruction includes tools to stimulate private business involvement in key sectors such as construction and energy.
Kyiv runs into strong opposition on tax hike to fund war – Politico
Ukraine's proposal to raise taxes for war funding faces strong opposition from domestic and international businesses, reports Politico.
Ukrainian company Nova Poshta receives international logistics “Oscar”
Nova Poshta, co-founded by Volodymyr Poperechnyuk, triumphed over global competitors to win the prestigious WORLD POST & PARCEL AWARDS, showcasing its excellence in delivering parcels and cargo amid Russia's war.
Ukrainian oligarch Ihor Kolomoisky’s commercial interests reportedly prompted murder plot, police say
The National Police revealed details of the scheme, shedding light on a decades-old case involving the businessman, who was sanctioned by the US.
World Bank plans to disburse $ 500 million to support Ukrainian business in 2024
In an effort to bolster the Ukrainian economy targeted by the Russian war, the country’s Ministry of Economy…
Ukraine business-police relations hit crisis point after Mazepa arrest
Ukraine's business leaders are voicing outrage over the revival of coercive police tactics likened to the corrupt Yanukovych era after the arrest of financier Ihor Mazepa.
Ukrainian fashion keeps lights on despite war’s darkness
Despite daily attacks on infrastructure that leave them in the dark, Ukrainian fashion brands carry threads of hope, devising workarounds to keep creating.
Top Ukrainian job portal cuts ties with 200 more companies linked to Russian market
Ukraine’s leading job portal, Work.ua, has expanded its roster of brands conducting business with Russia. The job portal…
Ukraine anti-graft agency designates Philip Morris, Japan Tobacco int’l sponsors of war for business in Russia
Ukraine's anti-graft agency put tobacco companies Philip Morris and Japan Tobacco on the Ukrainian list of international sponsors of war for doing business in Russia.
Ukraine’s small and medium enterprises stabilise activity despite the war – EBRD survey
The impact of the Russian war on Ukrainian small and medium-sized enterprises (SMEs) is significant and generally negative,…
Small clinic made big decision when Russians invaded; it stayed
Bodro is an exceptional medical clinic for a small town with fewer than 50,000 residents. That’s thanks to…
Businesses fleeing war to west Ukraine find a new life and help the army
Part 1: The Novovolynsk miracle: how Russia’s invasion turned a Ukrainian mining town into an uber-volunteer hub Part…
Business world says judicial reform is Ukraine’s top priority
100 CEOs and top managers of the largest Ukrainian and international investors are estimated to be part of…
The biggest problem of Ukraine’s economy and six enthusiasts who solved it
What is wrong with the Ukrainian economy, even now that many of the most important reforms have been…
