France-based international hotel operator Accor Group has signed an agreement to enter the Ukrainian market with a Swissotel Living hotel in central Kyiv. The new hotel is set to open in the […]
Big Data
Morgan Stanley upgrades Ukrainian GDP forecasts
Morgan Stanley has upgraded its Ukrainian GDP growth forecasts for the coming two years as international optimism over the country’s economic outlook continues to strengthen. The US-based financial sector giant […]
Literacy and Education in Ukraine
Ukraine is one of the countries with the highest literacy rate reaching 100%. Its adult literacy rate has increased from 99.4% in 2001 to 99.8% in 2015. Because of the […]
Sales of new passenger cars grew 12.5% year-on-year
Sales of new passenger cars grew 12.5% year-on-year in August to reach 8,300 vehicles, representing the best monthly result for the Ukrainian auto industry in over one-and-a-half years, according to […]
Fitch upgrades Kyiv to “B”
International rating agency Fitch Ratings has upgraded Kyiv from to “B” from “B-“, in a move tied to a similar recent upgrade for Ukraine as a whole. In a statement released by […]
Jysk plans to open 12 new stores in Ukraine
Denmark’s JYSK Ukraine intends to open a dozen new Ukrainian outlets between September 2019 and August 2020 as the furniture giant continues to expand in the country amid robust annual sales growth […]
Proposed Ukraine’s national Budget for 2020
The Cabinet drafted Ukraine’s national Budget2020 and passed it to the Rada for a vote. $43 bln in income and $46.5 bln in expenditure are expected. Source: UkraineWorld
Ukrainian IT industry will reach $5 bln in revenues this year
A comprehensive report into the Ukrainian IT industry produced by tech company N-iX has predicted a rise in annual industry revenues to a new high of USD 5 billion during the current […]
Bolt announced plans to launch delivery service in Ukraine in 2020
Estonian transport networking startup Bolt (formerly Taxify) has announced plans to launch the Bolt Food delivery service in Ukraine in 2020. The company, which began taxi services in Ukraine in 2016, plans […]
EU states’ position on sanctions against Russia
ECFR’s survey found that, in most member states, more than 50 percent of voters viewed the EU’s policy on Russia as either balanced or not tough enough [the exceptions were […]
