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 […]
Investing in Ukraine
Posted inIndustry
Ukraine simplifies licensing requirements for foreign construction companies
Ukrainian legislation has always required construction companies to obtain licenses for construction and installation works of average consequence (СС2) and significant consequence (CC3) facilities. These construction categories include multi-apartment residential buildings over 100 meters high, large public buildings, industrial facilities, universities, colleges, schools, preschools, shopping malls, hospitals, and other major construction projects. Whether a construction […]
Posted inEconomy
Maud Joseph: French companies are the biggest foreign employers in wartime Ukraine
How many French companies are currently active in Ukraine? At present, there are 180 French companies operating in Ukraine. Around three-quarters of these companies have been in Ukraine for more then fifteen years. French businesses contribute significantly to the Ukrainian economy and are present in every region of the country. In total, French companies have […]
Posted inInvestment
Turkish industrial equipment company Dalgakiran invests $10 million in new Ukrainian facility
Turkish industrial energy equipment company Dalgakiran Kompresör has unveiled a major new production and maintenance facility close to the Ukrainian capital. The company invested UAH 400 million (approximately $10 million) in the construction of the plant, making it one of the largest single investments in the Kyiv region since the onset of Russia’s full-scale invasion […]
Posted inInterview
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 […]
Posted inSociety
Danone allocates three million euros to support development of medical rehabilitation in Ukraine
In summer 2024, French multinational food products corporation Danone signed an official Memorandum of Cooperation with Ukraine’s Ministry of Health allocating EUR 3 million to support the development of long-term medical rehabilitation in the country. This funding comes as Ukraine grapples with the unprecedented healthcare challenges presented by Russia’s full-scale invasion of the country. Due […]
Posted inInterview
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 […]
Posted inInterview
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 […]
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 […]