Monthly Archives: January 2019
BUSINESS INCUBATORS IN UKRAINE
To help those who open their own business, create favorable conditions for business development, provide benefits for all undertakings – the key tasks that business incubators successfully accomplish (organizations that support newly established enterprises). In world practice, it is these structures that are considered the best stimulators for the development of small and medium-sized businesses and have recently become increasingly popular. In Ukraine, the first incubators appeared in the early 1990s and now there are 60–70 registered. However, there are very few successful examples of assistance in establishing a business, while in neighboring countries such institutions work more than effectively. “Status” asked officials, experts and entrepreneurs:
“WHAT IS THE CAUSE OF WEAK DEVELOPMENT OF UKRAINIAN BUSINESS INCUBATORS?”
Opinions of officials Continue reading
INVESTMENTS IN UKRAINE: FAVORABLE, BUT TOO TOO RISK
Investors are withdrawing assets from Ukraine, because over the past two years it has become difficult and dangerous for them to work here. Even such a dedicated partner to Ukraine as the EBRD can reduce the amount of investment. The Ukrainian government calls the creation of a favorable investment climate one of the priorities of its activities. In particular, the Cabinet of Ministers regularly reports on the simplification of bureaucratic procedures for business. However, innovation does not make Ukraine more attractive to investors, criticized by experts interviewed by DW. “Over the last two years the investment climate in the country has deteriorated significantly. First of all, this is due to the deterioration of capital protection. Continue reading
Russian capital ousts the EU from the banking system of Ukraine
“Let me manage the money of the country, and I don’t care who sets the laws there,” these words of Rothschild are probably the basis of the redistribution on the Ukrainian banking market.
European banks withdraw their capital from Ukraine, offer their subsidiaries for sale or preserve them until better times. Frustrated Europeans sell their daughters much cheaper than they purchased. They are bought by people close to the government of Ukraine and Russia.
Since 2008, already 15 foreign banks have stopped working in the Ukrainian market. Only in 2012, seven foreign banks disappeared from Ukraine. According to the Austrian financial group Raiffeisen Bank International AG, the share of foreign banks (except for Russian banks) in the Ukrainian market continues to decline. At the end of 2012, the share was 20%, and within one or two years the share is projected to fall to the level of 2003 – 10%. Continue reading