Science and technology, explained simply
Huawei relocated part of its employees from Russia to Kazakhstan, Uzbekistan and other CIS countries. A source close to the company informed Vydomost about this, and it was also confirmed by one of Huawei’s partners in Russia. Some of these employees are heads of the company’s divisions from China, who were sent to Russia at […]
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 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 […]
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 […]
The manufacturer of household appliances will not be able to continue cooperation with the Russian Federation in the medium and long term due to the continuation of the war and sanctions. The Swedish manufacturer of household and professional appliances Electrolux Professional is selling its business in Russia to the local management and leaving the country, […]
The company supplied Russia with equipment for MMC, the military-industrial complex and nuclear weapons manufacturers. The Swedish engineering company Sandvik announced its decision to completely stop its activities in Russia. This is stated in a press release on the company’s website. “Sandvik suspended its activities in Russia back in February due to the Russian invasion […]
Six companies were punished for supporting the Russian military industry. The companies violated the sanctions regime, which came into force after the Russian invasion of Ukraine. The United States Department of Commerce has included 36 companies from nine countries in a list of entities restricted from accessing US technology and goods for violating US international […]
In the period from March to April, more than 1,000 new businesses were registered. Since the beginning of the year, the budget has received almost UAH 7.6 billion from small and medium-sized businesses. Kyiv region remains in the top three attractive areas for business. About 90% of enterprises in the region have already resumed their […]
Russia’s ultrarich have found themselves in a difficult situation. After Vladimir Putin’s annexation of Crimea in 2014 and his invasion of Ukraine in February, 34 current and former Russian billionaires came under US, British or European Union sanctions. Authorities froze their business, tracked down their super yachts and stopped their planes. So, it’s no surprise […]
Business is gradually opening in Kyiv, the number of operating grocery stores, cafes, car service stations and hairdressers is increasing. As Ukrinform reports, Mykola Povoroznyk, the first deputy head of the Kyiv City State Administration, told about it, the Kyiv City State Administration’s press service reports. “As of yesterday (March 26 – ed.) There were […]