: :inin Kyiv (EET)

Section: Emerging Europe (UK)

    New Rail Tunnel Brings Ukraine Closer to EU
    May25

    New Rail Tunnel Brings Ukraine Closer to EU

    Ukraine opened a new rail tunnel through the Carpathian Mountains on May 24, a move which will facilitate the faster movement of goods and people between the country and the European Union. The 1822m long tunnel, which crosses the mountains between the towns of Beskyd and Skotarske has been built to alleviate a single-track bottleneck on the Lviv...

    Hideez: Ukraine’s Pivoting Start-Up
    May25

    Hideez: Ukraine’s Pivoting Start-Up

    The Ukrainian tech startup Hideez Group is not entirely a newcomer in the market for cybersecurity and authentication devices and services. It was founded in Kyiv in August 2015 by Oleg Naumenko, Andriy Konkov and Denis Zaliznyak and received 325,000 US dollars in seed funding from angel investor Volodymyr Shchupak, business incubator UUI...

    IKEA Opens New Polish Store, Announces Entry to Ukrainian Market
    May25

    IKEA Opens New Polish Store, Announces Entry to Ukrainian Market

    In recent years, Ikea has developed new strategies to increase sales and market share, opening collection points in city centres, building greener shops which do not sell large bulk furniture as well as opening a pop-up restaurant serving Scandinavian food in London. On top of that they have also opened a hotel in Sweden and plan on opening a...

    IFC Makes Two New Major Agricultural Investments in Ukraine
    May24

    IFC Makes Two New Major Agricultural Investments in Ukraine

    The International Finance Corporation (IFC), a member of the World Bank Group, has announced two new major investments in the Ukrainian agricultural sector, worth a total of 42.5 million US dollars. The IFC is providing a 30 million US dollar loan to Astarta, a leading agricultural producer, to help improve its environmental efficiency and...

    EU Offers Ukraine New Micro-Finance Assistance
    May21

    EU Offers Ukraine New Micro-Finance Assistance

    The European Parliament Committee on Foreign Affairs has approved a draft resolution granting Ukraine a new programme of macro-financial assistance up to 1 billion euros. The European Commission has been an active supporter of Ukraine for some time, disbursing a total of 2.8 billion euros in macro-financial assistance (MFA), the highest amount...

    Avoiding the Middle-Income Trap
    May17

    Avoiding the Middle-Income Trap

    The EBRD’s 2017-18 Transition Report confirms what a many of us who cover the emerging European region have thought for some time: that the time has come to focus less on low cost and more on creating unique, high-value propositions and innovation. The report focuses on the challenge of sustaining growth, with particular reference to the...

    Georgian MP Leads OSCE Mission in Ukraine
    May16

    Georgian MP Leads OSCE Mission in Ukraine

    A high-level delegation from the OSCE Parliamentary Assembly led by George Tsereteli, a Georgian MP (pictured above), has stressed the need for a UN peace-keeping mission to be deployed to Ukraine to help end the fighting in the eastern part of the country and to make full implementation of the Minsk Agreements possible. In meetings with...

    Emerging European Procurement Officials Discuss Best Practices at PRIMO 2018
    May11

    Emerging European Procurement Officials Discuss Best Practices at PRIMO 2018

    Public Procurement specialists from across emerging Europe and Central Asia met in Bucharest from May 8-10 to share experiences and best-practices in reforming public procurement, with a special focus on innovative procurement systems that can support national development priorities. The meeting was part of a cross-regional cooperation platform...

    Crediting Ukrainian Business: Which Collateral to Choose?
    May10

    Crediting Ukrainian Business: Which Collateral to Choose?

    The Ukrainian economy is currently growing, despite the conflict in the eastern part of the country and internal issues such as corruption. Ukrainian businesses looking to expand are increasingly looking to debt financing. However, given the extremely high interest rates offered by the Ukrainian banks, more and more Ukrainian companies are...

    Emerging Europe Growth Continues as EBRD Revises Up 2018 Forecasts
    May09

    Emerging Europe Growth Continues as EBRD Revises Up 2018 Forecasts

    The European Bank for Reconstruction and Development (EBRD) has revised up economic forecasts for 2018 as a broad-based recovery continues across its regions, bolstered by stronger investment activity and higher exports. After suffering acutely during the global financial crisis, countries where the EBRD invests initially struggled to get back on...

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