Yearly Archives: 2017

Canadian-made “barber” trims Ukrainian fields

Canadian-made “barber” trims Ukrainian fields

By Brigitte Audet-Martin One tell-tale sign that your company has “made it” in another country is that your product becomes so popular it gets a nickname. That’s what happened to Saskatchewan’s Schulte Industries Ltd. in Ukraine, where their rotary cutter is known as “the Barber of the fields.” (Photo courtesy of Schulte Industries Ltd.) Based in Englefeld, Sask., ... Read More
 
Prime Minister: Canadian business should be mainstreaming Ukraine as a market for new opportunities

Prime Minister: Canadian business should be mainstreaming Ukraine as a market for new opportunities

Ukraine is becoming a market of new opportunities and has every chance to join the list of the most dynamic economies in Europe, hence the Canadian business should be mainstreaming our state. This was stated by Prime Minister of Ukraine Volodymyr Groysman during the Ukrainian-Canadian Business Forum held in Toronto. “I discover Canada these days, ... Read More
 
Ukraine adopts crucial healthcare reform amid political protests, Financial Times

Ukraine adopts crucial healthcare reform amid political protests, Financial Times

Ukraine’s parliament adopted crucial legislation aimed at fixing the country’s ailing healthcare system on Thursday, as opposition groups staged a third day of protests calling on the ruling coalition to speed up political and economic reforms. A new healthcare setup based on western models – replacing the remnants of a Soviet system that left Ukraine with ... Read More
 
Ukraine Is Back

Ukraine Is Back

For the first time in five years, Ukraine sold its bonds on the international market. On September 18, the Ukrainian government sold $3 billion of fifteen-year Eurobonds with a 7.375 percent annual yield. The bond issue was oversubscribed by more than three times. Initial statements mentioned a planned sale of $2.5 billion, so the Ukrainian ... Read More
 
Ukraine has one of the hottest tech scenes in Europe

Ukraine has one of the hottest tech scenes in Europe

Massive enterprise companies, promising startups, and tens of thousands of IT pros are turning Ukraine into a tech goldmine. Kiev, Ukraine hosts one of Europe’s hottest startup cultures. Although the country is on the front lines of a cyber-war between Russia and western democracies, technology now powers 3-5% of the country’s GDP, said Seedstars director ... Read More
 
H&M to open stores in Ukraine in 2018

H&M to open stores in Ukraine in 2018

Swedish clothing brand H&M will open its first store in Ukraine in 2018. The information appeared in the company’s six-month report for 2017. “New H&M store markets planned for 2018 are Uruguay and Ukraine,” the document read. H&M has been one of the most anticipated international brands in Ukraine, along with Ikea. Rumours of its ... Read More
 
Investors ready to support Dnipro river development

Investors ready to support Dnipro river development

The EBRD and EIB intend to invest up to 50 million euro in the development of the Dnipro river as transport route. The institutions announced this yesterday at the conference ‘Dnipro as European Waterway’, hosted by the Netherlands embassy in Kyiv and the Ministry of Infrastructure of Ukraine. During the conference, taking its participants to ... Read More
 
On investment in Ukraine’s agriculture

On investment in Ukraine’s agriculture

In the recent years, economic growth of Ukraine has become critically dependent on the agricultural sector’s prospects. In 2010-2016, the industrial share in the country’s GDP dropped from 31.3% to 26.3% (down 5 p.p.), while the agriculture’s contribution grew from 8.3% to 14.4% (up 6 p.p.). Over the three years (2014-2016), the export share of ... Read More