As the storm clouds of war gathered over Ukraine in early 2022, Canadian Christian Borys found himself glued to his phone and expecting the worst. A former journalist with ancestral ties to Eastern Europe, he had worked as a Ukrainian correspondent for the international media from 2015 to 2018, an experience that he says left […]
Interview
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New personal insurance option for wartime Ukraine
The full-scale Russian invasion of Ukraine has led to an unprecedented influx of international companies and organizations engaged in everything from aid work and investment initiatives to reforms and reconstruction. With hostilities ongoing in parts of the country and transport links disrupted by wartime conditions, providing comprehensive personal insurance coverage for staff and contractors operating […]
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McDonald’s invests in Ukraine’s future with restaurant openings and people development
When McDonald’s first began reopening its Ukrainian restaurants during the seventh month of Russia’s full-scale invasion in September 2022, the move made headlines around the world and was widely touted as a symbol of Ukraine’s wartime resilience. This trend has since gained further momentum with the opening of twenty new McDonald’s restaurants throughout Ukraine by […]
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Oschadbank focuses on supporting growth within Ukraine’s expanding MSME sector
As the Ukrainian business community continues to grapple with the new realities created by Russia’s full-scale invasion, state-owned bank Oschadbank has identified support for the country’s micro, small, and medium-sized businesses (MSMEs) as one of its strategic priorities. Through a combination its own initiatives and cooperation with the Ukrainian government and international institutional partners, Oschadbank […]
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L’Oréal Ukraine prioritizes safety, service, and solidarity
What was the initial impact of the full-scale Russian invasion on the work of L’Oréal in Ukraine? The full-scale Russian invasion profoundly impacted every aspect of our operations in Ukraine. Our immediate concern was the safety of our employees, so we swiftly relocated nearly 500 team members and their families, providing ongoing financial and other […]
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UKRSIBBANK BNP Paribas Group CEO Laurent Dupuch: Ukraine’s recovery has already begun
UKRSIBBANK marked summer 2024 by opening a number of new branches in locations across Ukraine including Berdychiv and Poltava. This expanding national network of branches speaks volumes about the bank’s long-term commitment to Ukraine, and reflects a high degree of confidence in a recovery process that UKRSIBBANK officials say is already well underway despite the […]
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Credit Agricole Ukraine backs country’s sustainable energy transition
The full-scale Russian invasion of Ukraine, and especially the systematic targeting of Ukraine’s national power grid, has accelerated the country’s ongoing embrace of renewable energy. Credit Agricole Ukraine has been engaged in this process since the prewar period and is now stepping up efforts to support Ukraine’s sustainable energy transition. To help facilitate a greener […]
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French pharmaceutical group Servier sees itself as a partner in Ukraine’s transformation
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 […]
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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 […]
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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 […]