Contents tagged with investments
Russia among the top three biggest investors in Ukraine
Cyprus, the Netherlands and Russia were ranked among the top three leaders on direct investments in Ukraine's economy, as reported by Inna Meteleva, the Director of the Charterhouse Corporate Partners investment group in Ukraine, UBR.ua reports.
"According to the State Statistics Service of Ukraine, in 2016, direct investments from Cyprus into the Ukrainian economy amounted to $9.69 billion. $4.35 billion came from the Russian Federation and $5.75 billion came from the Netherlands, which makes …
Russian ex-Finance Minister says investments in Russia fell by 7 times
The former head of the Russia Ministry of Finance and head of the Center for Strategic Research, Alexei Kudrin, said that in the recent years, including the period after the introduction of sanctions, direct foreign investment in the Russian economy declined sevenfold. Kudrin discussed this issue during the Moscow Exchange Forum 2017 in New York, RBC news agency reports.
"Foreign direct investment in our country used to reach 70 billion dollars a year before the crisis of 2009 and immediately …
EU investments into Ukraine reach $600 million
Since the beginning of the year, EU countries have invested 597.3 million dollars in the economy of Ukraine, making up 84% of their total investments for the same period last year, as stated by the press service of the Ukrainian Ministry of Economic Development and Trade, UNIAN reported.
It is noted that Cyprus ($287.1 million) and Great Britain ($160.1 million) are the top EU investors into Ukraine.
It is noted by the Ministry that by July 1, 2017, the total volume of foreign direct …
Germany allocated $10 million for development of small business in Ukraine
The German Investment and Development Corporation (DEG) will contribute $10 million to the development of small and medium-size businesses in Ukraine, as reported on the website of the German Embassy in Ukraine.
This amount will be transferred to the Emerging Europe Growth Fund III (EEGF III). According to the website of the diplomatic department, this will allow access to long-term financing for small and medium-sized businesses in Ukraine.
The German Investment and Development Corporation …
Kremlin: providing anonymity to foreign investors in the Crimea might be impossible
Anatoly Aksakov, Chairman of the Russian State Duma Committee on Financial Markets, believes on the basis of experts’ opinions that providing anonymity to foreign investors coming to the Crimea by means of offshore elements will not work. He expressed such an opinion on June 11, at the media forum “Open Crimea: with your own eyes”, as reported by Kryminform news website.
“In the State Duma there is a corresponding draft law, we have discussed it with experts from the Central Bank, the Ministry …
The World Bank will allocate up to $20 million for direct investment in Ukraine
The International Finance Corporation (IFC), a member of the World Bank Group, will invest up to $20 million into the Emerging Europe Growth Fund III, L.P. (EEGF III), which is a direct investment fund launched by Horizon Capital mainly for investments in Ukraine. This was reported by Interfax-Ukraine with reference to the IFC’s report.
The Board of Directors approved the project at a meeting on June 5. The main investment object of EEGF III will be small- and medium-sized growing enterprises. …
Russia tops the list of foreign direct investment into Ukraine in 2016
According to the figures on the website of the State Statistics Service of Ukraine, Russia topped 2016 as the primary investor into Ukraine.
Russian businesses invested 1.67 bln USD, or 38% of the total share of investment, into the economy of Ukraine last year.
In total, foreigners invested 4.4 bln USD directly into the Ukrainian economy, a 17% rise over 2015.
These investors represented more than 77 countries, the primary ones being Russia (1.667 bln USD), Cyprus (427.7 mln USD), Great …
Investment flow into Ukraine increased by $2.6 billion
The volume of foreign investments in the Ukrainian economy increased by $2.618 billion since the start of the year. As of October 1, 2016, it amounted to $45.152 billion. This is 6.2% more than at the beginning of the year when investments totaled $42.535 billion, the State Statistics Service reports.
From January until September, the economy received $3.801 billion worth of new investments. At the same time, the impact of negative revaluation of investments amounted to $724.4 million …
US and Ukraine sign deal for construction of grain terminal in Odessa's port
Ukraine and the US have signed a $100 million investment agreement for the construction of a gain terminal in Odessa. The signing ceremony was held in the presence of US Ambassador to Ukraine Geoffrey Pyatt and Ukrainian Prime Minister Arseniy Yatsenyuk, as reported by Gordon.
According to Pyatt, the construction of the new grain terminal in the Yuzhny Port in Odessa will increase Ukraine’s export opportunities and create hundreds of jobs.
“I want to congratulate the American and Ukrainian …
Unilever Invests in Tea Factory in Ukraine
One of the world's leading suppliers of food, personal care products, and household products, Unilever, has invested 8.3 million Euros in a tea factory in Gostomel (Kiev region). According to a statement made by the company Unilever Ukraine, the factory should begin operations in the second half of 2016.
"Unilever will start running its own tea factory in Gostomel. Work on the project was initiated by Unilever in mid 2015, and at the present time the investment made in the tea factory already …