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Archive For: Business

2017 Should Be the Year Ukraine’s Economy Takes Off

2017 Should Be the Year Ukraine’s Economy Takes Off

Three years after the Revolution of Dignity, the Ukrainian economy has stabilized and is ready for growth. Will the growth be fast or slow? Dangers lie ahead, but opportunities prevail. Success is easily taken for granted, so it is worth recalling what Ukraine has accomplished in the past three years. An unsustainable budget deficit of ... Read More
 
Ukraine to finish ratifying free trade zone agreement with Canada

Ukraine to finish ratifying free trade zone agreement with Canada

The Ukraine-Canada treaty will enter into power 30 days after ratification in Ottawa The Ukrainian president Petro Poroshenko filed a draft bill on ratifying the agreement on Ukraine-Canada free trade zone, the UNIAN agency reports. The bill war referred as urgent for approving at the Verkhovna Rada. The mentioned treaty provides Ukrainian businesses a customs-free access ... Read More
 
Bilak plans to bolster Ukraine business

Bilak plans to bolster Ukraine business

Changing perceptions about Ukraine with local and foreign investors will be among the key goals for Daniel Bilak, the newly appointed chief investment advisor to Prime Minister Volodymyr Groysman and director of the Ukraine Investment Promotion Office. It’s a year-long assignment for Bilak, a prominent lawyer from Canada who stepped into his role on Nov. ... Read More
 
Taxes, inspections remain biggest problems of Ukrainian business

Taxes, inspections remain biggest problems of Ukrainian business

The number of complaints filed to the Business Ombudsman Council in Ukraine has increased. Among those complaining, most are dissatisfied with the work of State Fiscal Service, law enforcement authorities and local municipalities. Most of the complaints come from small or medium-sized manufacturers, wholesalers, distributors, agribusiness, real estate and telecommunications market players, as well as ... Read More