In Ukraine, volunteers are exempt from paying taxes on funds raised or property received, provided they comply with legal requirements. The main conditions are:…
Business
A distillery in Lviv Oblast was sold after 15 years of inactivity: who bought the facility for 3.7 million hryvnias
The State Tax Service has clarified when volunteer contributions are not subject to taxation
Ukrainian screenwriters to receive $15,000 each from Netflix: winners announced
Netflix and the Ukrainian Film Academy have announced the results of a grant program for Ukrainian filmmakers. Fifteen feature-length fiction film projects curr…
Finland’s Wärtsilä will supply equipment to Ukrnafta
Ukrnafta and the Finnish company Wärtsilä have signed a framework agreement for the supply of complete equipment for gas piston power plants, Energy Minister De…
OKKO plans to build a wind farm in Lviv Oblast
Public discussions have begun in the Lviv region regarding a proposed project to build a new wind farm within the Sokalska territorial community in the Sheptyts…
The Schönborn Palace and Kuyalnik will be transferred to private investors, but there are some caveats
The State Property Fund is launching a public-private partnership mechanism that will allow state assets to be transferred to private investors without changing…
A new production facility has opened in Vinnytsia: what does the Smart Line plant do?
The "VinIndustry" Industrial Park, located in Vinnytsia, has become a hub for new industrial initiatives, including the opening of the Smart Line plant. This pl…
Starlink for Business: Kyivstar to Officially Provide Satellite Internet
Kyivstar Group LTD, the parent company of Kyivstar PJSC, has signed an agreement that allows it to officially provide Starlink services and equipment to Ukraini…
Google is offering the EU a deal to avoid fines in the news search case
Google has proposed changes to how news results are displayed in its search engine to avoid a fine from the European Union. This was reported by Bloomberg and R…
KSE has raised $40 million for a campus in Kyiv and is opening a student co-living space
The Kyiv School of Economics has raised $40 million to build a new campus in Kyiv. Part of the funds will be used to launch Ukraine’s first student co-living fa…
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