Despite the significant challenges posed by the war, French pharmaceutical company Servier is looking forward to expanding its Ukrainian presence and supporting the country’s ongoing transition toward the latest European healthcare standards, says Nicolas Clavreul, the General Manager of Servier in Ukraine. Ukraine’s healthcare sector has been rocked by the past two and a half […]
Business Ukraine magazine
Posted inInterview
Pioneering war risk insurance in Ukraine
What have been the key changes to the Ukrainian insurance market since the start of Russia’s full-scale invasion in February 2022? Vyacheslav Andriyko: Following the start of Russia’s invasion, the biggest challenge to the Ukrainian insurance industry has been the war itself. The disruptive and destructive nature of the war had an immediate impact, but […]
Posted inInterview
Philip Morris invests $30 million in new Ukrainian production facility
Tobacco industry company Philip Morris International launched operations at a new $30 million production facility in western Ukraine’s Lviv region in May 2024. The construction of the plant represents one of the largest international investments in Ukraine since the onset of Russia’s full-scale invasion in February 2022. Philip Morris International has been one of Ukraine’s […]
Posted inInterview
France’s Egis aims to help build Ukraine back better
French-based global architecture, engineering, consulting, and operating firm Egis has been present in Ukraine since 1993 and maintains a team of 180 in the country. Globally, Egis employs 19,500 people in 100 countries, excluding Russia since 2014. The company has completed hundreds of infrastructure projects in Ukraine ranging from roads and bridges to waste management, […]
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UN e-government survey ranks Ukraine fifth globally for development of online services
Ukraine ranks fifth globally in the Online Service Index category of the new United Nations E-Government Survey, which was released in mid-September. The 2024 edition of the annual survey of the digital government landscape across 193 UN member states marked a new high for Ukraine, which was in the 102 position in the same category […]
Posted inInterview
Global defense industry can learn from Ukraine’s wartime tech sector development
How would you assess the current state of cooperation between Ukrainian defense industry companies and potential international partners? Cooperation is taking place, but in many cases it is still at the early stages. Since the start of Russia’s full-scale invasion, Ukraine has gained a reputation among Western defense sector companies as a key testing ground […]
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ProCredit Bank prepares for future growth in Ukraine
The Ukrainian banking industry has adapted remarkably well to wartime conditions, providing crucial stability amid the shocks of Russia’s full-scale invasion. With the war in its third year, ProCredit Bank’s General Manager in Ukraine, Viktor Ponomarenko, says the goal now is to boost lending and prepare for future growth. “2023 was a year of consolidation. […]
Posted inIndustry
Boeing and Ukraine’s Antonov sign agreement to partner on defense projects
Boeing has this week signed a landmark Memorandum of Understanding with Ukrainian aerospace giant Antonov that could pave the way for collaboration on a range of defense-related projects including the development of new drone technologies. “This agreement demonstrates our ongoing efforts to find more opportunities to work with Ukrainian industry, which was underscored by our […]
Posted inEconomy
Ukraine reaches $20 billion debt restructuring deal with key bondholders
Ukraine has struck a deal with a number of private creditors to restructure more than $20 billion in debt and avoid a potential financial crisis that could have had grave consequences for the country’s war effort. According to the preliminary agreement reached on July 22, bondholders have accepted nominal losses of thirty seven percent. The […]
Posted inSecurity
Germany announces controversial plans to cut funding for Ukraine by half in 2025
Germany has announced plans to reduce military aid to Ukraine by half in 2025, despite fears that US support for Kyiv could potentially diminish if Donald Trump wins America’s presidential election in November. German support for Ukraine is set to fall to four billion euros in the coming year compared to eight billion euros in […]