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Update of CUCC-CUTIS activities in 2018

Update of CUCC-CUTIS activities in 2018

Canada’s leading Ukrainian-Canadian newspaper, The New Pathway Ukrainian News, published a feature article about CUTIS Project – an initiative of CUCC funded by Global Affairs Canada. Please find the whole text below. Update of CUTIS activities in 2018 The Canada-Ukraine Trade and Investment Support (CUTIS) Project is a five-year development assistance project undertaken with the ... Read More
 
Ukraine and Canada’s extraordinary business relationship is just getting started

Ukraine and Canada’s extraordinary business relationship is just getting started

Opinion: Ukrainians want a democratic, reliable, and economically strong country. With Canada’s help, we will continue efforts to deliver it for our mutual benefit Ukraine is a trusted friend and partner for Canada. Our relationship spans more than a century of shared family, cultural and political connections. The next step in our ongoing journey together ... Read More
 
Can corporate governance reform at Ukrainian state-owned companies attract international energy investment?

Can corporate governance reform at Ukrainian state-owned companies attract international energy investment?

Improving corporate governance in Ukraine would send a strong signal to international investors that the country’s energy sector is an attractive prospect Investments in energy production and sustainable energy supply infrastructure are powerful drivers of economic growth and quality of life improvements. However, this does not come cheaply. Increases in oil and gas exploration and ... Read More
 
General Electric signs second contract with DTEK for wind turbines

General Electric signs second contract with DTEK for wind turbines

U.S.-based General Electric (GE) signed another contract with Ukrainian energy giant DTEK on Oct. 17 to supply 26 more wind turbines to Prymorska wind farm, doubling its generating capacity to 200 megawatts. The new turbines will be erected on the shores of the Azov Sea in the same area of Zaporizhia Oblast, some 700 kilometers ... Read More
 
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
 
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
 
Renault considers manufacturing cars in Ukraine

Renault considers manufacturing cars in Ukraine

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
 
Business associations, investors call on lawmakers to secure next IMF tranche before July 20

Business associations, investors call on lawmakers to secure next IMF tranche before July 20

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