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 […]
Ukrainian wartime economy
Posted inInterview
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 […]
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 inIndustry
Kyiv real estate market avoids wartime price crash
Despite expectations among some potential international buyers, it looks fairly safe to say that there will be no major wartime collapse in Kyiv real estate prices, especially not in the historic city center. Kyiv’s crisis-resistant property prices reflect a number of factors including Ukrainian resilience, low carrying costs, and the role played by real estate […]
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 […]