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Thursday, October 8, 2026
SUNDRIES

Business — Page 14

‘Kyivstar’ buys a controlling share of the medical service Helsi

‘Kyivstar’ buys a controlling share of the medical service Helsi

“Kyivstar” acquired a controlling stake in Helsi, the largest medical information system in the country and a leading provider of digital services in the field of healthcare. This was reported by the Veon website, which is the parent company of Kyivstar. According to Forbes, “Kyivstar” now owns 69.99% of Helsi. The amount of the agreement […]

The Bayraktar production plant will be built in a few months

The Bayraktar production plant will be built in a few months

In 2023, Baykar Tech plans to build a UAV production plant in Ukraine. This became known from the Ukrainian ambassador Vasyl Bodnar, who works in Turkey. “The construction itself may take several months, and the start of the plant may be in 2023, perhaps at the end,” Bondar said. He also added that despite the […]

$2.6 billion — losses of the Ukrainian telecom market as a result of the Russian invasion

$2.6 billion — losses of the Ukrainian telecom market as a result of the Russian invasion

Damages to the Ukrainian telecom market, which suffered significant destruction due to Russian aggression, have already reached $2.6 billion, the Ministry of Digital Transformation of Ukraine reports with reference to the World Bank assessment. Until February 24, Ukraine had the largest high-speed Internet coverage in Europe — in 2021, more than 7,000 additional social facilities […]

Tesla now has four car factories that together can produce nearly two million cars a year

Tesla now has four car factories that together can produce nearly two million cars a year

Tesla has significantly increased its production capacity at its four existing car plants — their combined capacity reaches two million vehicles per year. This comes from a recent financial report for the second quarter, which the famous electric carmaker ended with record figures. Tesla now has four car factories that together can produce almost two […]

The European Union is creating a mechanism to confiscate Russian assets

The European Union is creating a mechanism to confiscate Russian assets

The authorities of the European Union are taking another step towards the confiscation of assets of Russian citizens included in the sanctions lists. As part of the 7th package of sanctions, approved by the EU Council on Thursday, oligarchs close to the Kremlin, officials, security forces, as well as companies that have been subject to […]

Business relocation in Ukraine: more than 460 enterprises have resumed work in safe regions

Business relocation in Ukraine: more than 460 enterprises have resumed work in safe regions

As of July 15, 678 enterprises were relocated to safe regions under the relocation program. Of them, 68% – 467 enterprises – have already resumed their work. This is reported by the Government portal. A total of 1,732 companies applied through the digital engagement platform for relocation assistance. Among the enterprises that have already resumed […]

Iveco sold its share of business in Russia

Iveco sold its share of business in Russia

Iveco is leaving Russia, transferring its stake in the truck joint venture to a local partner. Truck and bus maker Iveco Group has decided to exit its joint venture in Russia after mulling the move for several months. Iveco had a 33% stake in AMT’s truck assembly joint venture with a local partner. ‘The decision […]

Mercedes-Benz is selling off its assets in Russia

Mercedes-Benz is selling off its assets in Russia

Mercedes-Benz will stop working in Russia directly. The German concern is looking for a buyer for the property belonging to the official distributor. Mercedes-Benz can sell all property in Russia belonging to ‘Mercedes-Benz Rus’ – the official distributor of the concern. The main contenders are Russian dealers, namely Panavto, Avtodim, Avilon and Major. If the […]

Google Workspace will remain free for Ukrainian businesses until the end of the war

Google Workspace will remain free for Ukrainian businesses until the end of the war

Since July, Google had to block all users who have not switched to a paid subscription ($5 to $18 per month for each account), but an exception will be made for small and medium-sized Ukrainian businesses. The Ministry of Digital Transformation of Ukraine agreed with Google to maintain free access for Ukrainian entrepreneurs. These Google […]

Ukrainian Alfa-Bank changed its name to Sens Bank

Ukrainian Alfa-Bank changed its name to Sens Bank

Today, Alfa-Bank in Ukraine is changing its name to Sens Bank, which it has already informed the National Securities and Stock Market Commission about. Full name in Ukrainian: Joint Stock Company ‘Sens Bank’, says the letter of the credit institution. It will be recalled that Alfa-Bank shareholders Mykhailo Fridman and Petro Aven were sanctioned. They […]