Ukraine’s largest software developer GlobalLogic has reported a 32% increase in the company’s annual Ukraine revenues in 2018, placing it above the already impressive 20-25% growth curve of the country’s […]
Month: May 2019
Ukrainian banks report 69.2% increase in profits
Ukraine’s banking sector remains on a strong growth trajectory as the far-reaching reforms of the past five years continue to bear fruit, writes Business Ukraine. According to figures released in […]
Ukraine and Georgia call for limitation of veto power in UN Security Council
Ukraine and Georgia sent a joint letter to co-chairs of the intergovernmental talks on reforming the UN Security Council at the current session of the General Assembly, calling for limiting […]
The World Bank approved a $200 million loan for support to Ukrainian farmers
On May 24 the World Bank’s Board of Executive Directors approved a US$200 million loan to Program-for-Results (PforR) on Accelerating Private Investment in Agriculture to improve opportunities for small and medium enterprises (SMEs) […]
Petition for recognizing Holodomor as genocide gains required number of vote in Bundestag
An online petition posted on the website of the German parliament recognizing the Holodomor in Ukraine of 1932-1933 as genocide of the Ukrainian people was signed by more than 50,000 […]
Ukraine’s industrial output jumped 5.2%
Ukraine’s industrial output jumped 5.2% y/y in April, advancing from 2.1% y/y in March, due to accelerated growth in manufacturing and mining, the State Statistics Service reported on May 23. […]
Oligarch urges new president to default on debt
Ukraine’s new president Volodymyr Zelensky should reject the International Monetary Fund’s programme and default on its external debt. This “sound” advice was voiced by Ihor Kolomoisky [oligarch who supported Zelensky’s […]
Kyiv’s Sikorsky International Airport doubles passenger capacity
Ukraine’s second most popular airport Kyiv’s Sikorsky International Airport unveiled its new-look main terminal building on 23 May following extensive reconstruction works that have doubled the airport’s passenger capacity, writes UkraineInvest Chairman […]
Ukrainian startup People.ai raises $60M with new round of international investment
A Ukrainian startup that aims to transform the way sales professionals perform has attracted USD 60 million in a new round of investment. According to People.ai’s press release, the startup […]
World Bank keeps forecast of Ukraine’s GDP growth at 2.7%
The World Bank has kept unchanged the forecast of Ukraine’s GDP growth at 2.7% in 2019. The World Bank Country Director for Belarus, Moldova, and Ukraine, Satu Kahkonen, stated this at a […]
