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Ukraine, Poland to jointly build helicopters

Ukraine, Poland to jointly build helicopters

WARSAW, Poland — Ukrainian Deputy Prime Minister Stepan Kubiv has announced that Ukraine and Poland plan to jointly develop new helicopters for the countries’ armed forces. The two governments plan to participate on the “modernization, but also construction of new helicopters from the design phase to their production,” Kubiv, who also serves as Ukraine’s minister ... Read More
 
UVCA Publishes Overview of Ukrainian Investment Market

UVCA Publishes Overview of Ukrainian Investment Market

The Ukrainian Venture Capital & Private Equity Association (UVCA) published the first overview of Ukrainian investment market displaying current players’ activity, sectors of interest, and portfolio. The Investors Book identified 34 active investors, which deal with global companies from Ukraine (mostly IT sector). According to the Book, there are 29 funds operating in Ukraine, consisting ... Read More
 
Why Investors Are Giving Ukraine a Second Chance

Why Investors Are Giving Ukraine a Second Chance

Ukraine today is open and transparent, but foreign investors are often taken aback by its challenges. While corruption and property rights are issues, any objective assessment must recognize the monumental strides the country has taken on these issues. After three years of reforms, society is fatigued, and the mood is pessimistic. The current media narrative—that ... Read More
 
UNIT.City: first Ukrainian innovation park

UNIT.City: first Ukrainian innovation park

In recent years, Ukraine has been actively developing the innovation sphere, and Ukrainian start-ups and IT companies are known worldwide. According to IT companies, in 2016 the IT market amounted to $3 billion, which is 3.3% of Ukraine’s GDP in 2016. This area grows by 20,000 jobs annually. These growth rates can gradually match traditional ... Read More
 
Bitfury Signs Blockchain Partnership with Ukrainian Government

Bitfury Signs Blockchain Partnership with Ukrainian Government

Thursday, April 13, Bitfury Group has announced its partnership with the government of Ukraine, to bring a range of Blockchain solutions to the electronic services of the latter. In an interview with Reuters, Valery Vavilov, CEO of Bitfury, has pointed out that the newly announced initiative is a sign of growing interest in the Blockchain ... Read More
 
EBRD Intends to Invest € 1 Billion in Ukraine in 2017

EBRD Intends to Invest € 1 Billion in Ukraine in 2017

Şevki Acuner, Director of the European Bank for Reconstruction and Development (EBRD) for Ukraine, hopes that the bank will expand its investments in projects in Ukraine up to EUR 1 billion this year. “Over the previous two years, we invested EUR 2.2 billion in total, which is about EUR 1 billion per year, so I ... Read More
 
Ukraine may be on the doorstep of an electro-cars revolution

Ukraine may be on the doorstep of an electro-cars revolution

Amid post-revolution transformations, ongoing fight against corruption and the de facto war in Donbas, there is still a place for progress in Ukraine. At some questions, the country is even more successful than its Western neighbors. In the last few years, Ukraine has become a powerful IT hub. Recently the Forbes told about the country’s digital ... Read More
 
Canada, Ukraine agreement basis for defence research, arms sale

Canada, Ukraine agreement basis for defence research, arms sale

Ties between Canada and Ukraine grew stronger this week with the signing in Ottawa of a defence co-operation agreement between the two countries. Defence policies, defence research, development, production, and military education are among the areas touch on by the bilateral arrangement signed Monday by Defence Minister Harjit Sajjan and Ukrainian Defence Minister Stepan Poltorak. ... Read More
 
Ukraine, South Korea to develop aerospace cooperation

Ukraine, South Korea to develop aerospace cooperation

Ukraine and South Korea are working on boosting cooperation in the aerospace area. The press service of the State Space Agency of Ukraine (SSAU) reported that further development of promising cooperation in the sphere was discussed at the fifth meeting of the Ukrainian-South Korean committee for scientific and technical cooperation of the relevant joint working ... Read More