ForUm: Donetsk recognized as the richest city of Ukraine

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Aug. 10, 2012, 2:19 p.m. | Ukraine | Politics — by Kyiv Post

For the first time Ukrainian city of Donetsk has been granted the title of the richest city.

Kyiv Post

For the first time Ukrainian city of Donetsk has been granted the title of the richest city, reads ForUm report. Though it has failed to beat the capital in any of separate criteria, it has come out first in the total sum of points.

The population of Donetsk is three times less than in Kyiv, but the rate of hotels, restaurants and banks per every resident is higher. Donbass capital has low level of unemployment and annually increasing rate of newly registered enterprises. 

The capital of Ukraine, which holds the second position, has the biggest rate of state expenses per resident -Hr  5, 720. To compare, Odessa city budget spends only 2708 per resident annually. Kyiv, however, is the leader on newly created jobs. In this respect, the cities of Kharkiv, Donetsk and Dnipropetrovsk also do fine.

Read more here. 

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