Currently, there are almost 2 million entrepreneurs in Ukraine, and each of them pays an average of 13 thousand hryvnias a year.
Thereby, in 2019, the turnover of the PIF`s economy amounted to 1 million dollars.
“Over the past eight years, revenue from private individuals to the budget have increased by 24 times. In the last two years alone, the amount of revenues has increased by 10 billion hryvnias, “- said in a statement.
In 2019, entrepreneurs paid almost 25 billion hryvnias, in 2018 this amount was 19.8 billion hryvnias, in 2017 – 15.4 billion, ” – said in a statement.
The number of PIFs increase by an average of 7,000 per month: about 20,000 open and about 13,000 to close.
Currently, 1,903,725 PIFs are registered in Ukraine.
It is also reported that over the past five years, there has been a trend of increasing the number of women in business. In 2016 Ukraine had 43.7% of female as the entrepreneurs. Already in 2018, this figure increased to 45% of sole proprietors.
Ukrainian banks have already issued UAH 8 billion in available loans under the “5-7-9” program. This was announced by Finance Minister Serhiy Marchenko on the talk show “Freedom of Speech of Savik Shuster”. “Today, 80 coins from the hryvnia loans are provided under the program of ” 5-7-9 “. UAH 8 billion and 3,000 loans […]
The fall in gross of the domestic product of Ukraine in 2020 will amount to 6%, however, from the next year the economy will growth again: in 2021 – by 4%, in 2022-2023 – by 3% annually, such a forecast is contained in the report of the International Rating Agency Standard & Poor’s (S&P) on […]
State Enterprise Plant named after VO Malysheva begins to fulfill a new contract for the repair of T-80UD tanks, which was signed in February at the international arms exhibition IDEX-2 021 between Ukrspetsexport and Pakistan for a total of $ 85.6 million. This was reported by the press service of the company. “Currently, all the […]Next
Recently, government program “Affordable Loans at 5-7-9%” has been significantly amended allowing small and medium businesses to get even more opportunities to obtain loans at the rate of 0% p.a. or a reduced rate of 3% p.a. For this purpose, Credit Agricole and the Entrepreneurship Development Fund signed new agreements. What has changed for customers […]Next
The Deposit Guarantee Fund approved the liquidation procedure, which lasted six years. Now the financial institution is officially considered liquidated. PJSC All-Ukrainian Development Bank (VBR), which belonged to the son of fugitive ex-president Oleksandr Yanukovych, was liquidated as a legal entity. The process has been going on since 2015, according to the press service of […]Next
On January 9, 2017 IFC’s international financial institution, which is a part of the World Bank, has approved the allocation of funds in the amount of $ 37 million for the construction of a grain terminal in the merchant sea port “Yuzhnyi” in Odessa region. At the moment, the parties are waiting for the signing […]Next
Boston startup Thync (California) that made the device to improve mood, came to Ukraine. R&D-office already opened in the river and there are developing a mobile part of the product. Investors do not tell us how many employees are working and how many people they plan to hire more. We only know that the number […]Next
The Cabinet of Ministers has made changes to the Affordable Loans program of 5-7-9%. This was reported by the press service of the Ministry of Finance. In particular, the maximum level of annual income of enterprises was raised to the equivalent of 10 million euros, and the current requirement for the mandatory business profitability has […]Next
Antimonopoly regulator of EU approved the agreement of 16.2 billion euro merger with French group for the production of luxury goods LVMH (Louis Vuitton Moet Hennessy) and transnational jewelry company Tiffany. This was reported by Reuters. According to the information, the merger agreement was approved without additional conditions for the companies. Earlier, Tiffany reported that […]Next
The stevedoring company “Brooklyn-Kiev” is going to invest $ 200 million in the construction of a grain terminal in the port of Ilyichivsk. This is stated in the message of the seaport. “Brooklyn-Kyiv” emphasizes that the company comes into the port of Illichivsk not only with the investments, but also with its know-how in the […]Next
The LetterOne Holding (L1), one of whose shareholder is the billionaire Mikhail Fridman (who was born in Lviv, and who is one of the shareholders of Alfa-Bank Ukraine), invested $ 200 million in Uber taxi service. This is stated in the message of LetterOne. “I am very pleased with our strategic partnership with Uber. As […]Next
Allseeds group companies challenged in court the decision of the Vizirskyi village council (Odessa region) on the allocation of land for the berths of the “Energo Products Co., Ltd.” company (Odessa) in the Yuzhny sea port. The Comintern District Court of Odessa region (included in Allseeds Group) decided to suspend the decision on the suit […]Next
In 2020, the state gas company Ukrgazvydobuvannya reduced its net profit by 3.8 times, or 14.1 billion hryvnias to 4.95 billion hryvnias compared to 2019, according to the company’s website. “Although last year due to the situation on the gas market, economic crisis and pandemic, our capital investments decreased almost one and a half times […]Next
UK will provide humanitarian assistance to Ukraine in the amount of 6.5 million dollars to support the regions in the east of the country affected by the armed conflict and the pandemic, said in the statement issued by the Foreign Ministry of the United Kingdom. This was reported by TASS. As specified, the allocation of […]Next
Apple employees opposed the corporation’s new rule, which requires them to work from the office at least three days a week from the fall. Verg, citing a letter from employees to the head of the corporation Tim Cook, reported this. The letter refers to the refusal of many employees to return to the office. The […]Next
The court satisfied the claim of the state-owned PrivatBank to Agroterminal and decided to collect UAH 1 billion in debt from it as a guarantor of Boryvazh. This is stated in the decision of the Commercial Court of Odessa region. According to court materials, PrivatBank terminated the loan agreement due to the debtor’s breach of […]Next
Shares continue to fall in the Chinese stock market. Two major Chinese exchanges experienced a sharp decline in prices. One reason for this is the fact of fraud in the local exchange market. It will be recalled that, that the employees of the two major Chinese exchanges in the summer of 2015 are under investigation. […]Next
Former special representative of the US State Department on Ukraine Kurt Walker on Tuesday, September 1, became an independent member of the Board of Directors of BGS Rail. This was reported by LIGA. Business with reference to the press release. It is noted that Kurt Walker will also work as an advisor to the chairman […]Next