The full-scale Russian invasion of Ukraine has created unprecedented challenges throughout the Ukrainian business environment. What have been the biggest issues encountered by JTI? The full-scale war in Ukraine has had an impact on the entire business community in terms of reduced production, logistical problems, labor shortages, rising energy and raw material costs, and complex […]
Ukrainian resilience
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 […]
Ukrainian economic recovery continues with 4.5% GDP growth in first nine months of 2024
Ukrainian GDP increased by 4.5% year-on-year during the first nine months of 2024, according to new data from Ukraine’s Ministry of Economy. This growth continues the trend established in 2023, which saw Ukrainian GDP rise by 5.3% following a 28.8% crash during the first year of Russia’s full-scale invasion. Commenting on Ukraine’s strong economic performance […]
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 […]
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 […]
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 […]
Celebrating the resilience and bravery of the Ukrainian people
Ukraine’s Independence Day was especially poignant and significant this year on day 547 of the country defending its sovereignty, territorial integrity, and the right of its citizens to choose their European future. In the face of unprecedented challenges, Ukraine and its people have inspired the world through their commitment to freedom and democratic principles, strength, […]
Tetyana Golofiyevska: “Ukrainians are an exceptionally entrepreneurial and hardworking nation”
The full-scale Russian invasion of Ukraine has placed unprecedented strains on the Ukrainian economy but Ukrainian businesses have responded by demonstrating remarkable resilience and durability. Ukrainian entrepreneur and business developer Tetyana Golofiyevska believes the experience of the past nineteen months since the onset of Russia’s invasion has confirmed the exceptional entrepreneurial skills and work ethic […]
ATB supermarket chain helps safeguard wartime Ukraine’s economy and food security
As Ukraine’s largest retail chain, ATB Market has been at the forefront of the country’s civilian response to the full-scale invasion launched by Russia eighteen months ago. From the very first moments of the invasion on February 24, 2022, the entire ATB Corporation switched to a wartime footing and began working to support the defense […]
Leading international school reopens in Kyiv for new academic year
Ukraine’s ability to maintain a degree of business-as-usual normality despite Russia’s ongoing invasion has been one of the most striking features of the past eighteen months. In a further sign of routine everyday life returning to the country, Pechersk School International welcomed students to the school’s campus in the Ukrainian capital for the new academic […]