Friday, December 2, 2022
Rinat Akhmetov, the richest man in Ukraine, has declared that his investment company SCM will leave Media Group Ukraine, a statement said. The move, which has been applauded by the office of Ukrainian President Volodymyr Zelenskyy, would see Media Group Ukraine hand over to the government its licenses for TV...
The Okhtyrka heroic town in Sumy Oblast has served as a haven for IDPs, according to a convoy of humanitarian aid supplied by the Rinat Akhmetov Foundation, according to a press release from SCM. Tetiana Kovalenko, Head of Social Protection Department in Okhtyrka Town Council, said that with the help...
In addition to renewing their criticism of Russia's war in Ukraine, the leading economic executives of the US and Japan have agreed to cooperate to address the increase of food and energy prices, Al Jazeera informed. The war, according to US Treasury Secretary Janet Yellen and Japanese Finance Minister Shunichi Suzuki, has...
The Biden administration is about to reveal a $400 million security assistance package for Ukraine, CNBC informed. The most recent security support, according to a senior defense official who talked on the record on the condition of anonymity in order to discuss new information about the aid package, will combine...
The EBRD and European Union are formalizing a pledge for the European Commission to provide assurances to support €70 million in recent EBRD loans to Ukrainian companies that provide essential services to the nation's real economy, a press release from EBRD states. This will further strengthen their already close cooperation...
A Polish public assistance scheme of EUR 1.2 billion for businesses impacted by Russia's conflict against Ukraine has been authorized by the European Commission (EC). According to a press release from the EC on Thursday, "the European Commission has authorized a EUR 1.2 billion Polish plan (PLN 5.5 billion) to...
With the start of the Russian invasion of Ukraine, many companies started to declare that they will stop doing business with Russia, an opinion piece in Tribune de Geneve says. Some oil giants have officially pledged that they will stop buying Russian oil due to the ongoing situation. However, numbers show...
The Federal Tax Service will begin accepting applications for new grants for small and medium-sized businesses affected by the aggravation of the pandemic on November 1. Benefits also apply to outreach non-profit organizations. Applications can be submitted until December 15 on the FTS website or by mail. The subsidy is...
According to Alexei Fursin, head of the Moscow Department of Entrepreneurship and Innovative Development, the Moscow authorities would provide 500 million rubles for further support for small and medium-sized firms through cost redistribution. "We are boosting the volume of assistance for human-intensive enterprises on behalf of Mayor Sergei Sobyanin. The...
In 53 Russian constituent entities, employment indicators have surpassed pre-pandemic levels, but the number of people registered in job centers does not reach 820,000. This was revealed by Anton Kotyakov, the head of the Russian Federation's Ministry of Labor, during a press conference on Friday, October 29. He pointed out...