Section: Emerging Europe (UK)
Ukrainian Agribusiness — a Jewel in a Crown
Ukraine’s favourable geographical location; it’s extremely fertile black soil; decent infrastructure and relatively cheap labour force make the country’s agribusiness sector highly competitive. A lot has been achieved in the country over the past 25 years to enable Ukraine to live up to its status as the “breadbasket of Europe”...
Naftogaz: A Good Start Has Slowed But Optimism Remains High
Ukraine hasn’t bought Russian gas since November 2015. In January 2017, Gazprom charged Naftogaz $5.3 billion for gas it had not purchased, under a take-or-pay clause covering the second through to the fourth quarter of 2016. The applicability of the take-or-pay principle is currently being reviewed by the Arbitration Institute of the...
Military Operations in Ukraine Have Had Some Surprisingly Positive Side Effects for Modern Businesses
The Russian military operation began, in Crimea, on the 20th of February, 2014. A month later, after the questionable referendum on self-determination, Vladimir Putin announced the annexation of Crimea. Demonstrations by pro-Russian and anti-government groups took place in the Donetsk (in the photo) and Luhansk oblasts (collectively the Donbas)...
Ukraine Continues to Make Waves as an IT Outsourcing Destination
In recent years Ukraine has shown it has much to offer the IT sourcing sector, from a highly skilled workforce of young professionals to a busy community of foreign investors and the support of the Ukrainian government. The country can also boast a fantastic education system with around 36,000 graduates a year in technical studies, which is, of...
Kyiv’s Mayor Is Used to Fighting to Attract Attention and Interest
Set up 1,535 years ago, Kyiv is one of the oldest cities in Central and Eastern Europe. Not only is it Ukraine’s capital, and the country’s largest city, but it also enjoys a special administrative status and is considered a region. On 21 November, 2013, Kyiv and its main square Maidan Nezalezhnosti (Independence Square) witnessed a...
Kyiv Is Safe and Has an Unrealised Potential for Business
Vitali Klitschko, mayor of Kyiv, tells Emerging Europe that, as a former boxer, he will fight to protect the foreign investors who decide to do business in Ukraine’s capital city. Kyiv Is Safe and Has an Unrealised Potential for Business was originally published on Emerging-Europe.com. …read more Source: Emerging...
Ukrainian Start-up Projects Recognised in the International Market but Still More Investors Needed
Ukraine is already one of the top IT outsourcing destinations in Europe, and a prolific source of start-ups which are attracting more and more attention from global investors. However, the market remains undercapitalised compared to other European countries. The blossoming Ukrainian technology sector has triggered the advent of new companies that...
Ukraine and Canada: A History of Settlement and a Future for Investment
I have been in Ukraine since October 2014; I arrived soon after the Revolution of Dignity began. The revolution created both a strong desire for reform and a call for social justice, but at the same time it also led to the occupation of Crimea and the beginning of the Russian-backed aggression of Donbas. As a result, Ukraine has needed to deal...
Ukraine Can Learn from Poland’s Economic History
In 1990, GDP per capita in Poland and Ukraine was roughly the same and amounted to some $1,600. By the end of 2016, Polish GDP grew to $12,700. In 2013, GDP per capita in Ukraine equalled $4,200 but the recent recession has caused it to fall again, to some $2,000. Leszek Balcerowicz is a former Polish deputy prime minister, and he is known for...
Sirin Software: A Ukrainian Firm Conquering Global Markets
Sirin Software started in March 2014, and has grown quickly. The company now employs 30 IT specialists. In 2016, it merged with another firm in order to expand its service portfolio. Alexander Nikitenko, CEO of Sirin Software, spoke to Jerry Cameron about how the company was started, the firm’s presence in the US as well as its future...
