• Home
  • /Archive by category ' Business '

Archive For: Business

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 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
 
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
 
Ukraine extends aircraft maintenance and overhaul offer

Ukraine extends aircraft maintenance and overhaul offer

More recently, the aviation industry has indicated signs of recovery with considerable growing demand forecast over the next decade in regions such as the Asia-Pacific and Middle East. In these regions, to operate a large number of aircraft produced in Ukraine and the countries of the former Soviet Union. Now Ukraine expands aircraft maintenance and repair ... Read More
 
Ukraine’s tech sector is booming but needs awareness and confidence

Ukraine’s tech sector is booming but needs awareness and confidence

Despite several turbulent years, Ukraine’s economy is now showing real promise. The country recently received its latest tranche of IMF funding and is making a huge effort to stamp out corruption. With a large base of highly skilled technology professionals and a highly-developed information technology sector, Ukraine’s economy has all the ingredients required to create ... Read More
 
IKEA plans expansion to Ukraine

IKEA plans expansion to Ukraine

The Swedish furniture and home goods chain IKEA plans to expand to the Ukrainian market, the head of PrJSC Mandarin Plaza’s board Oleksandr Chernytsky said. According to him, IKEA may rent one of the country’s largest sales and amusement centers, Yuzhny, with an area of 450,000 square meters. Construction of the facility is planned to ... Read More
 
Rada passes bill in support of foreign investment in Ukraine

Rada passes bill in support of foreign investment in Ukraine

The Verkhovna Rada of Ukraine has cancelled the registration of foreign investment and simplified the procedure for issuing permission to employ foreigners, as well as the procedure for issuing temporary residence permits. Some 239 deputies voted in favor of the draft law in its second reading on Tuesday. The bill cancels registration of foreign investment, ... Read More