Rating of the best countries for business: what has Ukraine achieved?

Rating of the best countries for business: what has Ukraine achieved?

30.12.2016 News

For the year Ukraine dropped 13 points lower in the world ranking by business publication Forbes «Best Countries for Business”: from 61 to 74 place. According to the research, which included the analysis of the basic conditions for doing business in different countries of the world, since the beginning of 2016 Ukraine’s index dropped significantly.

Among the main reasons of the deterioration of the business climate is reducing of the turnover due to the “war of sanctions” with Russia, and the loss of the enterprises in the occupied Donbas. On the other hand, the journalists of the periodical also talk about the prospects for Ukraine, which opened after the signing of the free trade zone treaty with the European Union: its provisions may affect the harmonization of national legislation in the field of business management and open the access to new markets.

Interestingly that according to the results of the above study, Russia was on 79 place, Poland ranked 31, Georgia – 43. Among the leaders are Switzerland, New Zealand, China (Hong Kong) and Ireland. Totally 139 countries were included into the rating.

Also read: Among the 1 million companies operating in Ukraine only 16% of employees work in IT

Other articles

  • Radisson Hotel Group becomes world’s first hotel group to offer carbon negative meetings
    News

    Radisson Hotel Group becomes world’s first hotel group to offer carbon negative meetings

    Radisson Hotel Group is proud to be the world’s first hotel group to make all meetings and events across 400+ hotels in its EMEA portfolio carbon negative. For every event taking place at its participating hotels, Radisson Hotel Group will offset double the carbon footprint, to ensure that every meeting has a positive impact on […]

  • The price of oil broke a long-standing record
    News

    The price of oil broke a long-standing record

    During trading on Monday, October 11, the price of a barrel of Brent oil rose by 2% to $ 84.01. She reached this mark for the first time since October 2018. US WTI oil rose by $ 1.62 to $ 81.3 – the highest price since 2014, according to Reuters. It is noted that Brent […]

  • From 2023, multinational corporations must pay corporate tax at a rate of at least 15%
    News

    From 2023, multinational corporations must pay corporate tax at a rate of at least 15%

    The agreement on a single corporate tax rate of at least 15 percent was signed by 136 states, which account for more than 90 percent of world GDP. The agreement is aimed at combating tax evasion by international corporations. The initiative was also signed by countries that were initially opposed to tax reform, such as […]

  • The NBU has calculated “on hand” in the population up to $ 35 billion
    News

    The NBU has calculated “on hand” in the population up to $ 35 billion

    The savings of Ukrainian citizens outside the banking system are estimated at $ 30-35 billion. This estimate was given by the chairman of the National Bank Kyrylo Shevchenko during the Kyiv Economic Forum. There are different estimates of the “gray” economy. We in the National Bank believe that this is up to 30% of GDP. […]

  • The NBU has increased the purchase of currency on the interbank market 15 times
    News

    The NBU has increased the purchase of currency on the interbank market 15 times

    During the week, the National Bank of Ukraine bought $ 228 million on the interbank foreign exchange market. At the same time, the central bank did not sell currency on the interbank market. So the NBU continued to buy currency on the interbank market, the bank increased it compared to last week ($ 15 million) […]

  • Musk told when the first European Tesla will appear
    News

    Musk told when the first European Tesla will appear

    The new Tesla factory in Berlin may release the first electric cars next month. CEO Elon Musk stated this. Speaking at the plant, Musk said he hoped to get the green light to begin production in the coming weeks. The last consultation on public concern about the plant ends on October 14, after which the […]

  • Two other Chinese developers have problems paying on bonds
    News

    Two other Chinese developers have problems paying on bonds

    In China, two more developers are unable to repay their debts: Fantasia Holdings has been unable to repay bonds worth $ 205.7 million, and Sinic Holdings is uncertain about the repayment of $ 246 million in bonds, the BBC reports. The day before, trading in Evergrande shares was suspended on the eve of “an announcement […]

  • Telegram has 70 million new users amid Facebook failure
    News

    Telegram has 70 million new users amid Facebook failure

    Telegram Messenger registered more than 70 million new users against the background of a large-scale failure of the social network Facebook and its services. The founder of the messenger Pavlo Durov announced this in his Telegram-channel. “Telegram’s daily growth rate is an order of magnitude higher than normal, and in one day we have received […]

Read also

Rating of the best countries for business: what has Ukraine achieved?
News

Bosch will create a new production in Ukraine

Representatives of the Antimonopoly Committee of Ukraine approved the deal between the German company Robert Bosch GmbH and the Chinese home appliance manufacturer Guangdong Vanward New Electric. It is about creating a joint venture on the territory of Ukraine. It is expected that production will specialize in the production of components for cars, gas appliances […]

Next
Rating of the best countries for business: what has Ukraine achieved?
News

Hong Kong suspended the use of Pfizer vaccine

The Hong Kong administration “until further notice” canceled all orders for the purchase of coronavirus vaccine from Pfizer and BioNTech, and stopped using it for vaccination in all two dozen locations in the city, according to the South China Morning Post. This happened after the distributor of the drug in the region of Fosun Pharma […]

Next
Rating of the best countries for business: what has Ukraine achieved?
News

Shares of Moderna rose by almost 20% after news of the vaccine

The vaccine, developed by biotechnology company Moderna, is effective in 94.5% of cases. This result was shown by the intermediate results of the third phase of clinical trials, the company said. On this news, Moderna shares went up. In the pre-market, the company’s quoting rose by more than 18%, rising above $ 105 per share. […]

Next
Rating of the best countries for business: what has Ukraine achieved?
News

Boeing shares rose by 6.7% after 737 MAX flight permission

Before starting flights, Boeing will need to comply with a number of regulatory requirements – retrain pilots and update aircraft software. Boeing shares in the premarket rose by 6.73% to $ 234.16 per share, according to previous trading data. The head of the US Federal Aviation Administration (FAA), Steve Dickson, has signed an order allowing […]

Next
Rating of the best countries for business: what has Ukraine achieved?
News

The Ukrainian court refused Sberbank in collecting debts from Zaporizhstal

The District Court of Zaporizhia refused  Sberbank in approval of decision of Russian curt about enforcing  recovery of debts in $ 10.4 million from  the Ukrainian metallurgical combine “Zaporizhstal”, reports RIA “Novosti”. The  court’s decision stated that on January 25, Sberbank of Russia appealed to the Court of Zaporizhia with a statement to allow the […]

Next
Rating of the best countries for business: what has Ukraine achieved?
News

Poland wants to participate in the Nord Stream-2 certification

The Polish oil and gas concern PGNiG wants to take part in the certification procedure of the Russian Nord Stream-2 gas pipeline. “PGNiG and PGNiG Supply & Trading have applied for inclusion in the certification process of the Nord Stream-2 gas pipeline operator. The outcome of the review determines whether the pipeline owner will receive […]

Next
Rating of the best countries for business: what has Ukraine achieved?
News

The Nikkei index has become the highest since 1991

Trading on Asia’s largest stock exchange on Asia on Tuesday opened another rise amid the continuing strengthening of indices in New York. This is evidenced by the data of stock trading on the website of the Tokyo Stock Exchange. The Nikkei index, which reflects fluctuations in the stock prices of 225 leading companies in the […]

Next
Rating of the best countries for business: what has Ukraine achieved?
News

Bank of Japan will conduct the tests of digital currency

The Bank of Japan has announced plans to begin experimenting with the digital currency early next fiscal year. At the first stage, it is planned to test the main functions of the digital currency, including the methods of its issuance and circulation. The second stage involves additional technical experiments. The Bank of Japan may then […]

Next
Rating of the best countries for business: what has Ukraine achieved?
News

The manufacturer of artificial beef can enter the stock exchange in 2021

The American producer of vegetable meat products Impossible Foods expects that investors will estimate it at $ 10 billion during the listing. The company plans to go public this year, but has not yet decided how to become a public company, reports Reuters, citing knowledgeable interlocutors. According to them, the company is now exploring the […]

Next
Rating of the best countries for business: what has Ukraine achieved?
News

Huawei turns onto Ukraine

Huawei Technologies Co. Ltd. is going to open the department in Ukraine. The representatives of Ukrainian delegation who had visited the Eastern country with diplomatic purpose informed about it. The parties have discussed the perspectives of countries cooperation in the sphere of economy and business. The main thing was R&D centre and laboratory opening on the […]

Next
Rating of the best countries for business: what has Ukraine achieved?
News

“Ukrtransgaz” and Hungary’s FGSZ discussed expansion of cooperation

Operators of gas transportation systems in Ukraine and Hungary – PJSC “Ukrtransgaz” and FGSZ Zrt – discussed the principles of cooperation between the companies in 2016 and the prospects for its expansion. According to the press service of “Ukrtransgaz” with the Ukrainian side, the meeting, in particular, was attended by President Igor Prokop, First Vice-President […]

Next
Rating of the best countries for business: what has Ukraine achieved?
News

Shares of the Bed Bath & Beyond jumped to 33% due to the strong report

Quotes of the Bed Bath & Beyond jumped from 33.47% to $ 19.99 according to the trading data. Papers are growing due to the strong report for the second quarter of 2020. The Bed Bath & Beyond chain announced the first increase in the in-store sales in almost four years. The jump in the revenue […]

Next
Rating of the best countries for business: what has Ukraine achieved?
News

McDonald’s sells almost all of its business in China

According to one of the leading US companies – financial information provider Bloomberg L.P., McDonald’s Corporation already has a large share of potential buyers (80%) of Chinese fast food restaurants. The future owner of the assets turned out a syndicate Citic and Carlyle Group companies, which will buy a controlling stake shares of McDonald’s business […]

Next
Rating of the best countries for business: what has Ukraine achieved?
News

Oschadbank won the case in the Deposit Guarantee Fund

The state financial institution Oschadbank won the Court in the Individuals Deposit Guarantee Fund (IDGF), and obtained the right not to return 2 billion UAH, that was  received from the Delta Bank. This was stated by FinClub. “The essence of the conflict is to try to return to the Delta assets that Oschadbank received from […]

Next
Rating of the best countries for business: what has Ukraine achieved?
News

Naftogaz expects a net profit of 2.4 billion a year

In 2021, NJSC Naftogaz of Ukraine expects to receive UAH 121,808 million in net sales revenue. This is stated in the explanatory note to the draft order of the Cabinet of Ministers on the approval of the financial plan of the NJSC. According to the document, the net profit is planned at 2,435 million hryvnias. […]

Next
Rating of the best countries for business: what has Ukraine achieved?
News

The public prosecution office accuses “Kyivstar” in tax dodging by 2.3 billion UAH

The officials  of the mobile operator “Kyivstar”  deliberately evaded of the payment of taxes in the amount of over 2.3 billion UAH  by the fictitious business operations in 2014, testify the conclusions of the inspection. This is stated in the message of the management of public relations and mass media to the General Prosecutor of […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com