230 Ukrainians returned home from Russian captivity on 3 January in what was the largest single prisoner exchange since the start of the Russian invasion almost two years ago. The freed Ukrainians included members of the armed forces and border guard along with civilians. Some had been held by Russia since the early stages of […]
Business Ukraine magazine
Posted inSport
Euro 2024: Ukraine face Bosnia and Herzegovina in spring play-off
Ukraine’s national football team will play Bosnia and Herzegovina in March 2024 as the country attempts to qualify for a major tournament for only the fifth time in its independent history. If Ukraine manages to overcome the Balkan nation in their Euro 2024 play-off semi-final, they will progress to a final tie against either Iceland […]
Posted inIndustry
Turkish mining company invests in wartime Ukraine
In the rural heart of central Ukraine, one of the country’s most ambitious wartime investment initiatives is underway. At a quarry in Kirovograd Oblast’s Haivoron region, efforts began in March 2023 to excavate Ukraine’s highly sought-after kaolin clay for export to Türkiye and global markets. The project is the work of Turkish-based industrial minerals company […]
Posted inIndustry
Turkish developer proceeds with major new residential project in wartime Kyiv
Turkish businesses are widely expected to play a prominent role in postwar Ukraine’s recovery and reconstruction, with some companies already demonstrating their commitment to the country by investing in new construction initiatives despite ongoing hostilities. With the full-scale Russian invasion about to enter a third year, Turkish construction company Bosphorus Development is proceeding with a […]
Posted inInterview
Türkiye’s ONUR GROUP plans to double its $500 million investment in Ukraine by 2030
What impact did the full-scale invasion have on Onur Group’s plans for infrastructure projects in Ukraine? Unfortunately, the invasion had a very significant impact on our plans in Ukraine, with work stopping on around 90% of existing projects. Prior to this, we had been one of the key contractors for President Zelenskyy’s Big Construction program. […]
Posted inInterview
Burak Pehlivan: Türkiye is the top international investor in wartime Ukraine
For more than a decade, Burak Pehlivan has been at the heart of the burgeoning Turkish business community in Ukraine. As the president of Turkish-Ukrainian Business Association TUID, he has been instrumental in the deepening of bilateral ties between the two Black Sea neighbors. Since the beginning of Russia’s full-scale invasion, Pehlivan has also become […]
Posted inEconomy
Credit Agricole impressed by the adaptability of Ukraine’s resourceful agricultural sector
Credit Agricole Bank has been closely engaged in the development of the Ukrainian agricultural sector for the past three decades, but nothing could quite prepare the bank or its clients for the unique challenges presented Russia’s full-scale invasion of the country when it began in February 2022. With the war now approaching the two-year mark, […]
Posted inSociety
President Zelenskyy’s Holodomor address: “Evil was not stopped but we are stopping it now”
Below is the English-language text of Ukrainian President Volodymyr Zelenskyy’s address to the nation on Holodomor Remembrance Day 2023: Every year at the end of November, a cold shiver runs down our spine. Regardless of the weather conditions and our location. With coldness in our hearts we are all united by a tragic date: the […]
Posted inEconomy
IMF upgrades Ukraine’s 2023 GDP growth forecast to 4.5% amid “stronger than expected recovery”
The International Monetary Fund has upgraded its 2023 GDP growth forecast for Ukraine to 4.5% while praising the “remarkable resilience” of the country’s wartime economy. The new figure is a significant increase on the earlier forecast of growth between one and three percent. Speaking in Polish capital Warsaw on November 10 following a meeting with […]
Posted inPolitics
Putin’s chilling warning: Ukraine will have “a week left to live” if West ends military aid
Russian dictator Vladimir Putin has warned that Ukraine would have “a week left to live” if the country’s Western partners stopped the delivery of weapons. Speaking at the annual Valdai Discussion Club in Sochi on October 5, Putin claimed Ukraine’s ability to defend itself against Russia’s ongoing invasion was entirely dependent on the support of […]