The International Chamber of Commerce (ICC), will lower the costs of its arbitration court for foreign investors involved in Ukraine's reconstruction projects to encourage much-needed investment.
The New York-based global entrepreneur network Endeavor has opened its first office in Ukraine, signaling confidence in the country’s business potential.
Editor’s note: This article is part of a series of profiles highlighting successful Ukrainian startups and businesses. The series is funded by the regional investment fund Ukraine-Moldova American Enterprise Fund (UMAEF) and created in partnership with Spend With Ukraine, a non-profit organization that launched a platform to showcase businesses
A Ukraine-based eatery Lviv Croissants has opened its first U.S. location in Roswell, a suburb of Atlanta. on Aug. 10. Founded in Lviv in 2015, the chain has since expanded to over 180 stores across Ukraine, Poland, Slovakia and now the U.S.
Editor’s note: This article is part of a series of profiles highlighting successful Ukrainian startups and businesses. The series is funded by the regional investment fund Ukraine-Moldova American Enterprise Fund (UMAEF) and created in partnership with Spend With Ukraine, a non-profit organization that launched a platform to showcase businesses
Editor’s note: This article is part of a series of profiles highlighting successful Ukrainian startups and businesses. The series is funded by the regional investment fund Ukraine-Moldova American Enterprise Fund (UMAEF) and created in partnership with Spend With Ukraine, a non-profit organization that launched a platform to showcase businesses
The Dragon Capital investment group announced on July 19 that it has withdrawn from the shareholding of Arricano Real Estate PLC, which manages one of the biggest shopping malls in Ukraine.
War has not stopped the entrepreneurial spirit of Ukraine – in fact, developing Ukrainian businesses is vital to ensuring the country’s future and post-war recovery. For this reason, the Promprylad Foundation and the Berkeley Haas School of Business have partnered to create a unique program for Ukrainian entrepreneurs, which was
Russia’s full-scale war on Ukraine has dealt a devastating blow to the country’s economy. While the country has begun to bounce back from an initial 29% drop in GDP, it’s estimated that at today’s level of growth, the country’s GDP won’t return to pre-war
Business is good for Ukrainian banks. Last year, the country’s banks brought in record profits of Hr 130 billion ($3.5 billion) with the five top state-owned banks making 61.5% of the total. One of these banks is Oschadbank, the country’s second-largest state-owned bank after PrivatBank. In
Russia’s full-scale invasion in February 2022 did little to shake German pharmaceutical and agricultural giant Bayer’s commitment to its business in Ukraine. Operating in Ukraine since 1992, Bayer today employs around 700 people in the country, and last year, announced a 60-million-euro investment from 2023 onwards in its
When Ukrainian tech entrepreneur Dima Shvets was a child, he wanted to "get inside a movie" – become an actor or a favorite character. With the mobile app called Reface, which Shvets and his friends cofounded in 2020, his dream has finally come true. Reface uses technology called deepfake that allows
This represents a sixfold increase from its $2.1 billion valuation in 2019, the startup announced on Nov. 18. In its latest round of funding, Grammarly attracted $200 million from investment firm Baillie Gifford, venture firm General Catalyst and accounts managed by investment manager BlackRock. Grammarly uses machine learning to
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