Ukraine: industrial parks to help change economy structure from raw materials to processing

Ukrainian business is the major driver of recovery and growth, so supporting entrepreneurs is one of the Government’s key priorities. This was emphasised by Prime Minister Denys Shmyhal. “During the full-scale war, businesses have received 40,800 soft loans under the 5-7-9 programme worth UAH 159.8 billion. More than half of the recipients are agrarians, almost…

Ukraine: in Chernihiv region number of entrepreneurs exceeds pre-war level

Since year-start, 5,960 businesses have been registered in Chernihiv region, of which 388 are entities and 5,572 are individual entrepreneurs, which is the highest figure in the last three years, Svitlana Poltoratska, Deputy Director of Economic Development at the Chernihiv Regional State Administration, has revealed. “This phenomenon can be explained by the simplification of taxation…

Ukraine: dairy exports up in October 2023

In October, Ukraine increased the volume of exports of dairy products by 17% MoM, while cash receipts rose by 22.6%, the Association of Dairy Producers reported. “According to preliminary data of the State Statistics Service of Ukraine, in October, Ukraine exported 8,790 tons of dairy products worth $18.15 million. The natural volumes of exports increased…

Ukraine: South Korea to help produce drones

South Korea will help Ukraine produce more high quality drones for war against Russia, Lviv Mayor Andriy Sadovyi has stated in a video commentary following a foreign tour, Ukrinform reports. “We have great contact with drone manufacturers. We connect them with our producers. There will be more drones, and they will be of higher quality,”…