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Kyiv Post Doing Business

The 7th annual Kyiv Post Doing Business covers the key sectors and people driving Ukraine’s economy. This edition is the largest ever, with 124 pages …
Yulia Krus

Pharmaceutical sales reach $3.4 billion; producers call for limited antibiotic use

Pharmaceutical companies are doing well, despite the turbulence caused by the global economic crisis. Medication sales reached $4.2 billion in 2020, …
Denys Krasnikov

Diesel fuel shortages expose Ukraine’s reliance on Russian, Belarus imports

When Russia’s state-owned Rosneft stopped on April 1 supplying diesel fuel — the lifeblood of an industrial economy — Ukraine was reminded about its …
Mark Rachkevych

Ukraine collects nearly $40 billion in taxes, relies heavily on VAT for budget

Most tax revenue in Ukraine comes from social tax, personal income tax and value-added tax. Combined, taxes account for 79% of the country’s state …
Asami Terajima

PrivatBank’s transformation is laying the groundwork for its reprivatization

Experts say that if Ukraine’s banking sector is going to thrive, the share of state-owned banks — now roughly half of the sector — will have to …
Liliane Bivings

Ukraine may be Europe’s last promised land for pay TV

After a decade of stagnation due to cable TV’s monopoly, Ukrainian pay TV platforms finally had their year. During the quarantine lockdowns, a growing …
Alexander Query

Ukraine loses out on Black Sea’s rich natural gas supply

Talks about exploiting the Black Sea shelf have been ongoing since 2012 when estimates revealed that Ukraine’s deep territorial waters may contain …
Alexander Query

Tech industry transforms Ukraine, attracts new talent with decent pay

Jobs in information technology are highly sought after in Ukraine. Local techies work in modern offices and develop services for big overseas clients, …
Daryna Antoniuk

Logistics companies keep investing, building and delivering amid pandemic

Ukraine is in the perfect geographical position to connect Europe and Asia. With trillions of dollars of GDP and a combined population size of almost …
Liza Semko

Lacking PayPal, freelancers turn to popular Payoneer payment service

Online payment systems like PayPal have been game-changers for freelancers. They have opened a new world of global business opportunities, making it …
Asami Terajima

Dental tourists flock to Ukraine to fix their teeth at affordable prices

A new chapter in one’s life can begin with a beautiful smile. At least that’s the hope for Arturas Kadys, 57, a truck driver from the United Kingdom …
Natalia Datskevych
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Asami Terajima

2021 Kyiv Post Doing Business in graphics

Pavlo Podufalov

Public-private partnerships hold promise to upgrade Ukraine’s highways

One can drive free of charge on Ukraine’s 170,000 kilometers of roads. This means that the country is potentially losing out on millions of dollars …
Liliane Bivings

State Fiscal Service boss Vadym Melnyk talks tax evasion, smuggling, Economic Security Bureau

Vadym Melnyk, 49, met the Kyiv Post wearing a shirt with rolled-up sleeves and a Swiss watch, which, according to him, cost “only $800.” “I have …
Natalia Datskevych

Warehouse developers struggle to keep up with demand

Ukraine’s warehouse developers had better get a move on. The warehouse and logistics market weathered the pandemic gracefully as more people ordered …
Liliane Bivings

Big Construction project remains dominant topic in Ukrainian infrastructure

President Volodymyr Zelensky had promised to build or repair 6,500 kilometers of roads as well as 100 schools, 100 kindergartens, 100 stadiums, and …
Alexander Query

Energy market suffers losses, debts, personnel reshuffling

Ukraine’s energy sector heavily relies on fossil fuels. The industry is a mess of debts, corruption, monopolies, antiquated technology and complicated …
Liza Semko

Banking sector recovers from crisis, faces inflation threat

Ukraine’s banking sector has not withered under the strain of the economic crisis. Reports from the National Bank of Ukraine showed that the banks …
Alexander Query
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