The development of critical materials could attract billions of euros in investment in Ukraine, according to Prime Minister Denis Shmygal. He said this at a summit conference on the strategic partnership between Ukraine and the EU on critical raw materials and batteries.
“Ukraine creates conditions for attracting investors. The current rules of access to subsoil correspond to modern practices of developed countries, the best way to attract investors to exploration projects can be considered open competitive auctions for the sale of special permits and licenses,” he said.
The Prime Minister noted that attracting foreign technologies and investments requires international participation.
“Comprehensive development of such critical materials can attract significant investment in Ukraine. Already in the first period, 10 billion euros can be invested in this area,” Shmygal added.
SoftServe is expanding its presence and opening new office spaces in four cities — Vinnytsia, Khmelnytskyi, Uzhhorod, and Odesa. They are available for 250 people working in these regions as well as other employees. The coworking in Vinnytsia where SoftServe has around 50 employees is already fully operating. Odesa is the next — office space […]
COMBINE ROAD AND COMFORT Shell is launching a new coffee brand Shell Café all over Central and Eastern Europe (CEE) (to replace […]
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 […]
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 […]
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 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. […]
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) […]
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 […]
Elon Musk, an American businessman, founder and head of Tesla and SpaceX, dropped from second to third place in the ranking of the richest people on the planet according to Bloomberg. The entrepreneur’s fortune is estimated at 160.6 billion dollars, while at the end of February it was 183 billion. According to the agency, Musk […]Next
Intellias has been recognized among the best IT service companies according to the annual Best Employer Survey by EY Ukraine. During this survey, the industry’s professionals and students ranked the best IT employers and specified employer attractiveness criteria. Among other Top 10 IT employers the professionals also mentioned Ciklum, EPAM, Genesis, GlobalLogic, Google, Grammarly, MacPaw, […]Next
Ukraine will allocate 2.6 billion hryvnias for the purchase of a coronavirus vaccine. This was stated by Finance Minister Serhiy Marchenko at the press conference on Monday, September 14. “By 2023, we have a real opportunity to ensure health care spending at 5%. There is an increase in 2021 to 4.2% of GDP for health […]Next
Failure of Facebook, Instagram and WhatsApp applications could cost the company about $ 100 million, according to analysts at Fortune. In particular, the calculations were based on the company’s financial results for the second quarter of 2021, in which Facebook’s revenue was $ 29.08 billion, or $ 319.6 million per day, or $ 13.3 million […]Next
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
As having reported on Agro Portal, KWS Ukraine Company has invested 20 million euros in the seed plant start-up in Khmelnytskyi region. The plant power has been 6 thousand tonnes per one year on the September- October in Kamyanets-Podolskyi town (Khmelnytskyi region).LLC KWS Ukraine specialises in seeds plant production and distribution. It has put on […]Next
If coronavirus vaccines become widely available and help restore international trade and economic growth, the dollar is likely to fall by 20% in 2021. Bloomberg reports that this forecast was made by Citigroup Bank. If the forecast comes true, it will be a record drop since 1985, when the DXY index fell by 18.5% over […]Next
Rambler buys part of the software development company UCS. The amount of the agreement at the moment were not disclosed. UCS is the owner or service that controls cafes and hotels, and theater ticket reservation system. The acquisition will make Rambler the first Internet company with applications for business and entertainment in b2b and b2c […]Next
“Ukrsotsbank” obtained the criminal case against the “Creative”, – reported Finclab. In “Ukrsotsbank” commented that on January 14, 2016 by investigators of the National Police was opened a criminal case (№12016100000000014, Article 191 part 5) on the fact of abuse of office and embezzlement of “Ukrsotsbank” in large-scale by employees of agricultural holding “Creative”. According […]Next
The President of Ukraine signed the agreement on association with the EU on September 16, 2014. It was what all country has aimed and waited for so long. However, what we have today ?Are the expectations met? We decided to talk about it within the weekly Analytics from LDaily heading this time. First of all, it will […]Next
Warren Buffett’s US company – Berkshire Hathaway intends to invest more than $ 570 million in Snowflake, a cloud technology company. It was reported after Snowflake announced a price range for its future initial public offering. The company wants to get the estimate of $ 23.7 billion, writes the Financial Times. Snowflake said that during […]Next
The Antimonopoly Committee of Ukraine (AMC) fined the producer of soft drinks “Etrus” Ltd. for 145 thousand UAH for the dissemination of misleading information about their products. “Etrus” Ltd. gave inaccurate information on consumptive qualities of these drinks because of their method of presentation on the labels of products: Fruttela Orange, Fruttela Citrus and Fruttela […]Next
A major manufacturer of products, Unilever Company intends to launch a tea factory in the Kiev region in the second half of 2016. The company has already invested in the project € 8.3 million. “Unilever will launch its own tea factory in Gostomel. Unilever works on the project from the middle of 2015, and at […]Next
In the current 2017 the debt amount that is obligated to return Ukraine to the International Monetary Fund is $ 1 billion. Given the fact that the state at present is in anticipation of the next transfer of credit funds from the Fund, in fact, it will be “shifted from one pocket to other”. This […]Next
One of the most famous car companies will get a multi-million fine for concealment of information in the financial statements for regulators. The supervisory authorities in the US announced that they intend to impose a fine on US-Italian concern Fiat Chrysler in the amount of $ 70 million for a significant underestimation of the number […]Next
This week Chipotle (Chipotle Mexican Grill) closed another restaurant, this time in Boston, after a large number of students were poisoned by food. Questions of consumers about quality of products in Chipotle grow. Similar cases have been seen in other states, when people feel bad after a visit to Chipotle. Food scandal confused the investors […]Next