Business of Kyiv Region and Ukraine

Business news, entrepreneurship and startups in Kyiv region

Business

# Baltic States Demand EU Commission Move from Words to Legislative Proposal on Oil The Baltic countries are calling on the European Commission to move beyond rhetoric and submit a legislative proposal regarding oil. So far, there is only a commitment to submit it "no later than the end of 2027" — along with exemptions for Hungary and Slovakia, which are purchasing more Russian oil than before the invasion.

2 months ago
Business

# ARMA Competition for IDS Ukraine Collapsed Over Single Bid, But the Real Problem Runs Deeper The ARMA competition regarding IDS Ukraine fell apart due to receiving only one application, but the company claims the underlying issue is more serious: any management contract would be void due to a legal loophole, and within two to three months, the VAKS (anti-corruption court) could confiscate the asset in favor of the state.

2 months ago
Business

# QatarEnergy Promises Supply Restoration After Hormuz Opening — But Silent on Missile Strike Disabling Fifth of Ras Laffan for Years QatarEnergy promised to restore supplies following the reopening of the Strait of Hormuz, but remained silent on the fact that a missile strike disabled a fifth of the Ras Laffan facility for years. The difference between "restoration" and "full restoration" comes at a cost of $20 billion annually.

3 months ago