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
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
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
By Ilya Timtchenko. Published July 23. French car manufacturer Renault is considering manufacturing cars in Ukraine. Renault told the Kyiv Post on July 23 that it is currently evaluating the Ukrainian market. “Renault confirms that it is studying various projects with potential local manufacturing partners that has to do with the localization of assembling specific ... Read More
By Josh Kovensky. Published July 13 at 2:26 pm The deadline is Aug. 1. That’s the end date of the biggest fight on Ukraine’s gas market right now, which pits the state-owned Naftogaz and its subsidiary UkrTransGaz against gas oligarch Dmytro Firtash, currently trapped in Vienna as he fights off extradition to the United States ... Read More
By Ilya Timtchenko. Published July 13. Updated July 13 at 7:14 pm Top investors and business associations have called on the Ukrainian government and parliament to make a deal with the International Monetary Fund in order to unlock a long-delayed $1.9 billion tranche of aid money for the country. If Ukraine does not receive further ... Read More
On the surface, Ukraine doesn’t look much like a country with a world-beating currency. An international bailout has been frozen for more than a year, its finance minister was fired last week and a Kremlin-backed war continues to simmer in its eastern climes. But almost halfway through 2018, the hryvnia is the No. 1 performer ... Read More
Ukraine’s exports and imports increase in 2017; Russia remains top trade partner despite 4 years of war (INFOGRAPHICS) Editor’s Note: The infographic shows data on Ukraine’s imports and export sin 2017. It was published in the Kyiv Post’s March 16, 2018, print edition.
By Ilya Timtchenko. Published Feb. 28. Updated Feb. 28 at 2:28 pm Few people in Ukraine are as familiar with the country’s investment climate as Yuliya Kovaliv. The head of the office of the National Investment Council, a non-governmental organization that partners with government to lure investors to Ukraine, Kovaliv works with all of the ... Read More
