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Nexia International report on M&A deals

Nexia DK welcomes you to review a report, which provides a snapshot of mid-market M&A activity and some of the key  issues affecting deal flow around the world.

08-05-2012Read more

May edition of Nexia Global Insight is now published

Nexia International launched May edition of business briefing Nexia Global Insight available on Nexia DK website.

04-05-2012Read more

Nexia International gathers EMEA regional meeting in Lisbon, 3-4 May, 2012

The meeting will run on Thursday 3rd and Friday 4th May. On Thursday 3rd May Nexia Internatinal will be hosting the IFRS group and also have further break out rooms available for those who want to hold any other informal gatherings.

28-04-2012Read more

UEFA invested half a billion Euros in preparation of Ukraine and Poland for Euro-2012

This figure was released on Monday, 21st November, by the Head of the Local Organization Committee Euro-2012 in Ukraine Markiyan Lubkivsky.

22-11-2011Read more

NBU restored rules for preparing and disclosing the financial statements of the banks

The National Bank of Ukraine (NBU) amended the rules for preparing and disclosing financial statements of banks, having approved a new version of the respective instruction.

22-11-2011Read more

Ukraine will monitor world financial markets

The Ukrainian authority tracks the situation on the world financial markets to minimize the adverse influence on the country’s economy. This was announced by the President of Ukraine Viktor Yanukovych.

03-11-2011Read more

The Head of the State Tax Service Vitaly Zakharchenko informed that the implementation of the system “Tax Bloc” is scheduled in June 2012

Soon the Tax Service will launch a new system “Tax Bloc”. This was announced by the Head of the State Tax Service of Ukraine Vitaly Zakharchenko.

02-11-2011Read more

Increase of GDP of Ukraine in the third quarter reached 6.6%

The economy of Ukraine in the third quarter of 2011 in comparison with the same period of the last year rose by 6.6%

Original text

Brussels informed about the completion of negotiations with Ukraine on FRZ

Kyiv and Brussels announced about the completion of negotiations on a free trade zone, being a part of the Agreement on Association between Ukraine and the European Union. According to the European Commissar, the implementation of this agreement depends only on the political will of the Ukrainian leaders.

25-10-2011Read more

Volume of FDI in Ukraine for 9 months increased to $5.3 billion

The volume of foreign direct investments (FDI) in Ukraine for 9 months of 2011 in comparison with the same period of 2010 increased by 1.5 times – to $ 5.3 billion. As announced by NBU, investments are directed “first of all at the real sector of economy”.

24-10-2011Read more

Free Trade Zone Agreement has been signed within CIS

The heads of governments of CIS countries in Petersburg have signed a free trade zone agreement within the Commonwealth. According to the Russian Prime-Minister Volodymyr Putin, it goes on about creation of a new foundation of trade and economic relations in CIS. Besides, the members of the meeting of the Council of heads of the governments of CIS adopted additional 28 documents. 

24-10-2011Read more

Deputies are ready to consider the opinions of farmers in a land reform

On 20.09.2011, deputies approved the government version of the land reform. It will allow Ukrainian farmers to own 2.1 thousands ha and will close the access to the market for foreigners.

04-10-2011Read more

Azarov: Ukraine holds negotiations on a free trade zone with dozens of countries

Ukraine holds negotiations with dozens of countries on a free trade zone.

04-10-2011Read more

Azarov: Ukraine is ready to export grain to Japan in high volumes

Ukraine is ready to export grain to Japan in high volumes. This was announced by the Prime Minister of Ukraine Mykola Azarov during the meeting with the Chairman of the Business Cooperation Committee of Ukraine and Japan.

04-10-2011Read more

State Committee for Securities and Stock Market changes rules for the activity of stock exchanges

The State Committee for Securities and Stock Market approved the draft law “On Approval of Changes in the Regulation on Activity of Stock Exchanges”. The Committee will amend the term “current price of the securities”, indicators that characterize the situation of the price instability of material fluctuations of prices of securities, indicators of boundary values of change in prices of the securities, and others.

04-10-2011Read more

Businessmen may give up using seals

Ukrainian government approved the draft on seals cancellation that will make the process of launching new business less expensive and improve the investment climate of Ukraine.

11-09-2011Read more

Convention will implement the avoidance of double taxation between Ukraine and Islam Republic of Pakistan

State Tax Administration informs that on 30th of June, 2011 a Convention between Ukraine and Islam Republic of Pakistan came into force. This Convention will implement the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income between Ukraine and Pakistan.

10-09-2011Read more

Access to the Unified State Register would be possible through Internet

On September 9, 2011 an order of Ministry of Justice  "on the organization of access to the Unified State Register of legal entities and physical persons " № 2009 / 5 dated 08.19.2011 shall enter into force. The open sharing of information on USR will be available on a special website in the Internet.

Ukrainian stock market continues recovery

Bidding on the Ukrainian stock market at the beginning of the trading week is going in a positive way. As at 15.08 Ukrainian Stock Exchange index rose by 2.02%.

17-08-2011Read more

Budget profits grew by 23.9% for the last 7 month

State budget of Ukraine in January-July 2011 amounted to 168.74 billion, which exceeds by 23.9% the same period of the last year.

16-08-2011Read more

President of Ukraine Viktor Yanukovych is aimed at developing agricultural complex of Ukraine

President of Ukraine Viktor Yanukovych  stated during his business trip to Kherson that government programs aimed at developing agro-industrial complex of Ukraine would be constantly improving.

16-08-2011Read more

The level of investments to Ukraine keeps increasing

Foreign investors invested $2788.2 million of direct investments during the first half of 2011 in Ukraine's economy which is  at 56.4% over the same period last year. Informs State Statistics Service of Ukraine.

16-08-2011Read more

President of Ukraine Viktor Yanukovych signed amendments to the Tax Code of Ukraine

The author of the bill, delegate from the Party of Regions, the head of the Parliamentary Committee on Finance, Banking, Tax and Customs Policy Vitaly Homutynnyk stated that the document must satisfy the requirements of government, business and civil society.

10-08-2011Read more

Big Seven leaders announced their intentions to coordinate actions to support financial markets

According to negotiations, G7 leaders reported that they are "ready to take measures to ensure the stability and liquidity of financial markets", informs news agency Reuters referring to the joint statement of ministers of financial groups. "Big Seven" will make coordinated steps in the international currency market as "chaotic actions provide indirect impact on financial and economic stability."

09-08-2011Read more

Financial situation in Ukraine is better than in the USA

The financial situation in Ukraine in  better than the one faced by the United States. – mentioned at the press conference the managing partner of financial company "Capital Times" Eric Naiman.

27-07-2011Read more

Implementation of online-trade agriculture program in 2013

Ministry of Agriculture of Ukraine predicts that in 2013 the online agricultural production trade program  will be implemented in the villages. According to the Minister of Agriculture of Ukraine Mykola Prysyazhnyuk this program will help to involve all villages into one informational circle within 2 years.

27-07-2011Read more

International rating agency Fitch Ratings revised its outlook on Ukraine's rating from "stable" to "positive."

In particular, the agency changed the outlook of long-term issuer default ratings of Ukraine in foreign and local currency to positive, confirming the long-term and short-term IDR at B / B level.In addition, the agency predicts GDP growth at 4-5% in 2011-2012.

27-07-2011Read more

National Bank of Ukraine simplifies trade rules in the internal bonds

National Bank of Ukraine has decided to simplify trade rules in the internal bonds and developed a new mechanism that will accelerate the settlements on the stock exchange market.

19-07-2011Read more

Ukraine and EU are on their way to finish their main tasks on FTA in September

Ukraine and the European Commission can agree on all fundamental provisions of free trade area between Ukraine and the EU befpre Eastern Partnership Summit, scheduled for September 29, 2011.

19-07-2011Read more

No more extract from registry needed for obtaining the license

Extract from the State Register of legal entities and individual entrepreneurs will be excluded from the list of documents required for obtaining a license.

18-07-2011Read more

There is 6 661 official millionaire in Ukraine

This year the amount of Ukrainian millionaires increased by 506 persons.

18-07-2011Read more

5% of GDP will directed on infrastructure and investment projects in 2012

The cost of infrastructure and investment projects in 2012 will be increased to 5% of GDP,minimum wages and pensions will grow by 19.4%. This is stated in the draft state program of economic and social development of Ukraine, presented by First Deputy Prime Minister -Minister of Economic Development and Trade Andrey Klyuyev.

18-07-2011Read more

The Verkhovna Rada Accepted as a Basis the Bill concerning the Simplified Taxation System

The Verkhovna Rada of Ukraine accepted as a basis the draft law of the Tax Code concerning the simplified taxation system.

22-06-2011Read more

President Vetoed the Changes to the Law on Public Procurement

The President of Ukraine Viktor Yanukovych vetoed the law “On changes to some legislative acts of Ukraine on public procurement” (N7532).

21-06-2011Read more

Ukraine and the World Bank Turn To Public Procurement

The Ministry of Economic Development and Trade of Ukraine and the World Bank discussed the comments of foreign experts concerning the law on public procurement.

08-06-2011Read more

The Ministry of Finance Promises a Full Transition to the Automatic Compensation of the VAT

Till the end of 2011 Ukraine is going to pass to the automatic compensation of the VAT completely. On June 1, 2011 Ukrainian enterprises were returned UAH 16,7 billion.

08-06-2011Read more

Expert: IMF Is Going To Leave As Soon As Ukraine Brings Out Of the Shadows UAH 500 Billion

At the moment it would be difficult for Ukraine to cope without the IMF credits. It is necessary to attract to the economic turnover the part of finances that are called the hidden economy.

08-06-2011Read more

Losses and Achievement in WTO

According to the government ratings before joining the WTO had to provide significant advantages and new opportunities for Ukrainian economy. Ukrainian National Committee of the International Chamber of Commerce expected that joining will stimulate additional GDP growth in the amount of USD 1,5-2 billion< and with the favourable conditions – USD 4 billion.

24-05-2011Read more

Ukraine can try to negotiate with IMF

In comparison with 2008 Ukraine now has a margin of economic strength that is why the government can try to negotiate with IMF concerning the concessions. 

24-05-2011Read more

Experts: Public Deposits Rates of Growth are Decreasing

Public deposit increasing tendency in UAH during several latest month is slowing down. It is caused by high rates of inflation in the country that makes people spend a great amount of their profits for daily needs.

24-05-2011Read more

Ukraine Will Have Positive Export Surplus in 2015

During 2013-2015 export surplus of Ukraine will equalize and in 2015 the country will have the positive balance. – Said the first deputy minister of economic development and trade Vadym Kopylov.

10-05-2011Read more

Ukrainian Agribusiness Companies Take Interest in IPO

There were 58 agricultural holdings with the average quantity of real estate bank of 69 thousand ha of land at the end of 2010 in Ukraine.

10-05-2011Read more

Tax Inspectorate Postponed the Deadline of Declaration Submission

The last day of submission of annual tax declaration in 2011 for individuals-taxpayers of tax on income is May 4, 2011 – reminds State Tax Inspectorate of Ukraine.

05-05-2011Read more

The Cabinet of Ministers Created a New Agency

The government during its session on April 27 created the Foreign-economic Council under the jurisdiction of the Cabinet of Ministers of Ukraine.

05-05-2011Read more

IMF assented Ukraine in Pension Question

The mission of International Monetary Fund (IMF) will work in Ukraine on May 10-20. In case of successful negotiation the IMF tranche in the amount of USD 1,5 billion may be paid in June 2011. Besides, as stated the representative of Ministry of Finance, this money will be included to the NBU reserves.

19-04-2011Read more

Verkhovna Rada abolished certificates on state registration of legal entity and sole proprietor

Verkhovna Rada of Ukraine passed the governmental bill on abolishing the certificates on state registration of legal entity and sole proprietor in order to simplify and cheapen the procedure of business creation and managing in Ukraine.

12-04-2011Read more

The Money has surrounded Ukraine

According to the comments of Erste Group experts, capital inflow to the CEE countries has risen since 2010. The best index is in the Czech Republic, where the foreign direct investments inflow increased more than two times in 2010 (about 4% of GDP).

12-04-2011Read more

CIS is Close to Free Trade Zone

Minister for Foreign Affairs of Ukraine Kostiantyn Hryshchenko expects that free trade agreement within CIS will be signed soon.

12-04-2011Read more

Gross External Debt of Ukraine has Reached 85,7% of GDP

Till the end of 2010 the amount of gross external debt of Ukraine has reached USD 117,3 billion  (85,7% of GDP). It has increased in the amount of USD 13,9 billion (13,5%).

30-03-2011Read more

Investors valued Ukraine

European Business Association on the eleventh time calculated the so called index of investment attractiveness of Ukraine. The conclusion is not positive, but also is not hopeless.

24-03-2011Read more

NBU: For the first time since 2004 inflation decreased to one-figure level

Macroeconomic environment in 2010 and in the beginning of 2011 turned out to be better than state experts and international financial institutions expected.

24-03-2011Read more

Tax VAT Accounting for February 2011 is submitted to the State Tax Authority under the old forms

It regards forms approved by the State Tax Administration of Ukraine:

  • of 30.05.1997, №166;
  • of 23.10.1998, №499;
  • of 28.04.2009, №221;
  • of 12.05.2010, №313.

05-03-2011Read more

Cabinet of Ministers Agreed On New List of Offshore Zones

The Cabinet of Ministers agreed on new list of offshore zones.  It is stated in the Government Order № 143-р of February 23.

02-03-2011Read more

The National Bank of Ukraine accrued 6% of GDP growth in January

The amount of growth of real GDP in Ukraine in January was about 6% in annual account as was stated in “The Economic Status Analysis of Ukraine” of the National Bank of Ukraine (January 2011).

02-03-2011Read more

Ъ: Prolongation of revision of cooperation conditions with IMF

IMF Mission took a decision to prolong the negotiations on reconsideration of cooperation conditions with the government of Ukraine till Tuesday. Such a delay could mean that IMF agrees to postpone the realization of pension reform and 50 per cent gas price rising.

15-02-2011Read more

Head of IMF Mission: Ukraine makes progress

Head of IMF Mission Thanos Arvanitis marked the progress of Ukraine in execution of data provided by the stand-by program. The task of the specialists of IMF Mission is to examine the Ukrainian implementation of characteristics of the joint program and holding consultations according to article IV of the statute of the IMF.

09-02-2011Read more

State budget revenue exceeded UAH 18 billion

State budget total revenue comprised UAH 18 340,1 billion in January 2011, that is for UAH 3 245,4 billion or  21,5 % more than in the respective period of 2010.

09-02-2011Read more

Azarov: GDP Growth of Ukraine for 2010 comprise 4,1%

The State Committee of Statistics evaluated the GDP anew. Preliminary, it grew for 2010 by 4,1%. At large these predictions coincided with those of the state budget adopted by government", - stated Azarov.

26-01-2011Read more

The EU devoted Ukraine money for transport

The European Union will provide Ukraine help to implement a program “Maintenance of Implementation of the Transport Strategy of Ukraine". Signing of the respective agreement on financing of this program is agreed by Decree of the Cabinet of Ministers dated December 15, 2010 N2264-p.

26-01-2011Read more

Asset Risk Index: Russia – in critical ranges, Ukraine – in high ones

Russia is in among ten countries with the highest risk of private industry investments.

18-01-2011Read more

Big Privatization Will Warm Up the Capital Market

Capital market has shown good post-recessionary growth. The share index of Ukraine is reaching pre-crisis levels. Current 2300 points is the level of May 2008.

11-01-2011Read more

Ukraine Now Has A State Budget-2011

Verkhovna Rada of Ukraine passed an act “On State Budget of Ukraine for 2011”. 279 members of the Parliament voted for it.

28-12-2010Read more

The Cabinet of Ministers Will Issue Foreign State Loan Bonds in the Amount of USD 600 mln Till the End of the Year

The Cabinet of Ministers will issue foreign state loan bonds in the amount of about USD 600 mln. according to the government resolution No. 1148 of December 15.

21-12-2010Read more

Ministry of Finance Presented Macro indices for 2011

Project of State Budget of Ukraine for 2011 expects deficit of 3,08%. F. Yaroshenko pointed out that profitable part of the state budget for 2011 is planned at the level of UAH 279 bln, expenses at the level of UAH 329 bln, deficit – 3,08%, hryvnia exchange rate to dollar – 7,95.

14-12-2010Read more

Russian Federation, Belorussia and Kazakhstan signed all the documents for establishment of the SEA

Russia, Belorussia and Kazakhstan signed all 17 documents for establishing the Single Economic Area. Lukashenko pointed out that Russia and Kazakhstan “are countries-monsters regarding raw hydrocarbons provision”.

14-12-2010Read more

Tihipko: Ukraine Ranks Number Five in the Volume of Software Export in the World

Nowadays Ukrainian software export amounts almost USD 1 m, and this amount doubles annually.

14-12-2010Read more

Medvedev zeroed the VAT rate

The president of the Russian Federation Dmitry Medvedev signed a federal law “On Amendments to Article 21, Part 2 of the Tax Code of the Russian Federation”, adopted by the State Duma on November 19, 2010 and approved by the Federation Council on November 24.

07-12-2010Read more

The President has Signed the Updated Tax Code

The President of Ukraine Viktor Yanukovych has signed the Tax Code Of Ukraine, informs the President’s press service. He has also signed an act “On introduction of Changes to some Legislative Acts of Ukraine in view of Adoption of the Tax Code of Ukraine”.

07-12-2010Read more

EBRD gives EUR 450 mln for reconstruction of roads in Ukraine

Political consolidation in Ukraine provides for realization of EBRD investment projects, - says EBRDS director in Ukraine Andre Kuusvek.

30-11-2010Read more

The Government makes concessions for protesting businessmen

The members of the government have made concessions for businessmen on the issue of simplified taxation.

30-11-2010Read more

"Ъ": Tranche At a Footpace

IMF at expert level adjusted the issue on first review of programme of cooperation with Ukraine within a framework of stand-by agreement. The negotiations were held on November 3.

24-11-2010Read more

German Expert: Ukrainian Small Business Got Used to Benefits

A new Tax Code is a step in the right direction, but for the effective control of hidden economy it should be followed by social and pension reforms, said an expert from the Group of German consultants by the Cabinet Office Ricardo Giucci.

24-11-2010Read more

Verkhovna Rada Legitimated Azarov “Tax Bible”

Verkhovna Rada of Ukraine adopted the Tax Code.269 out of 348 registered in the hall deputies voted for such a decision.

24-11-2010Read more