Journalists uncover hidden assets of MP Vatsak: $3.5m car fleet and state losses
Investigation reveals network of luxury cars in Gennadiy Vatsak's circle and series of violations in his business causing multi-million losses to state budget.
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Tenders for school and kindergarten meals underway in Dnipro
Ksenia Sushko, Deputy Mayor of Dnipro, is once again in the spotlight. The reason is that tenders for the supply of food to the city's schools and kindergartens are being held at the start of the new year.
Knauf builds new plant in Ukraine
Knauf has begun construction of a new plant for the production of drywall and dry building mixes in Ukraine. The facility will be located in Borshchiv, Ternopil Oblast.
Americans spent a record $241 billion on holidays
Americans spent a record $241 billion during the New Year holidays. Online sales in the US increased by 9%, made possible by significant discounts, Bloomberg reports.
Ukrainians will not have their cards blocked for frequent cash withdrawals
In Ukraine, bank accounts will not be blocked for frequent cash withdrawals (more than three times a month).
Number of criminal cases against Ksenia Sushko grows
Ksenia Sushko, deputy mayor of Dnipro under Boris Filatov, has not only become famous for her luxurious lifestyle but has also been found to be involved in more than ten criminal cases.
Inflation in Ukraine accelerated to 11.2% in November
Consumer inflation reached 11.2% year-on-year in November, exceeding October forecasts, according to the National Bank’s December macroeconomic report.
Ukrainians closed record number of sole proprietorships in 2024
Ukrainians closed a record number of sole proprietorships in 2024, the highest in five years. The total number of closed individual entrepreneurs reached approximately 210,000, a 32% increase compared to 2023.
Licensing of fermentation plants begins in Ukraine
From 1 January 2025, the licensing of fermentation plants, which play a significant role in the illegal turnover of tobacco products, has begun in Ukraine.
Energy market is turning into a structure for manipulation
Alexey Kucherenko, Chairman of the VSK and First Deputy Chairman of the Energy Committee, expressed concern over how the energy market is becoming a tool for manipulation and collusion.
Ukraine's trade turnover increased in 2024
Ukraine's trade turnover increased by 13% in 2024. China became the main supplier of goods to Ukraine, while Poland became the largest market for Ukrainian exports.
Coffee prices in Ukraine hit record highs
Coffee prices in Ukraine hit record highs: the cost of the beverage increased by 11% over the past year.
Sharp rise in chocolate prices expected in Ukraine
The cost of chocolate in Ukraine could rise significantly in the near future. This was stated by Andriy Bondar, a representative of the company "Cocoa Club".
Ukrainian casinos evade taxes
Major gambling companies in Ukraine are suspected of underpaying taxes. According to Yuriy Hayday, senior economist at the Centre for Economic Strategy
Revolut opens user registration in Ukraine
Revolut opens user registration in Ukraine via Diia, but users face issues
UK may transfer $300 billion in frozen Russian assets to Ukraine
The UK may direct approximately $300 billion from frozen Russian assets to aid Ukraine. Calls for such a step are coming from British parliamentarians
Around 100,000 Ukrainian sellers on Amazon, Etsy, eBay
According to Forbes, Ukrainian sellers are becoming increasingly prominent on international online platforms such as Amazon, Etsy and eBay.
Yedynyi Prostyr removed from Diia
As expected, the financial company Yedynyi Prostyr, owned by Ihor Zotko — a partner of Russian businessmen Punin and Matyashov
How MTB and Dmitry Yakovlev made money from casinos
MTB Bank was one of the few banks operating with casinos in Ukraine. However, not entirely legally. The bank engaged in mis-coding, i.e., fraud and accepting payments for casinos via P2P.
MTB Bank Set Up Illegal Financial Schemes
Allegations against MTB Bank concern financial schemes used to service the illegal gambling market during the full-scale war.
US prepares new sanctions against Russian oil carriers
The administration of US President Joe Biden intends to introduce additional sanctions aimed at restricting trade in Russian oil.