Monthly Archives: September 2018

YES 2018: Ukraine, once again, warns EU of Nord Stream 2 threat to security

YES 2018: Ukraine, once again, warns EU of Nord Stream 2 threat to security

By Bermet Talant. Published Sept. 17. Russia’s new pipeline to Europe, Nord Stream 2, will cost Ukraine $3 billion in lost transit fees for piping Russian gas across its territory, a Ukrainian official reckons. But the project harms not only Ukrainian economy – it threatens European security too, Andriy Kobolyov, CEO of Ukrainian state oil ... Read More
 
Survey: Corruption, distrust of courts making foreign firms wary of investing in Ukraine

Survey: Corruption, distrust of courts making foreign firms wary of investing in Ukraine

By Toma Istomina. Published Sept. 12 Corruption and fears of not getting a fair hearing in court are the main obstructions blocking foreign investment into Ukraine, according to the latest investor survey by investment bank Dragon Capital, the European Business Association, and the Centre for Economic Strategy. They have been selected by foreign investors as ... Read More
 
Swedish giant IKEA to enter Ukraine’s market in 2019

Swedish giant IKEA to enter Ukraine’s market in 2019

By Toma Istomina. Published Sept. 12 It looks like flat-pack furniture giant IKEA has finally decided to put together a business in Ukraine. The Swedish retailer confirmed on Sept. 12 that it will enter Ukraine’s market, opening a store in Kyiv in 2019. The official announcement from the company came minutes after Ukrainian President Petro ... Read More
 
Norwegian NBT to invest 370 million euros in wind power plant in Kherson Oblast

Norwegian NBT to invest 370 million euros in wind power plant in Kherson Oblast

By Natalia Datskevych. Published Sept. 6. Norwegian company NBT AS has signed a multimillion-euro contract with Power Construction Corporation of China Limited, or POWERCHINA, to build a large 250-megawatt wind power plant in Kherson Oblast. The 292-million-euro EPC (Engineering, Procurement & Construction) contract is part of the Norwegian company’s total investment of 370 million euros in the ... Read More