Ukraine
Membership in EU:
Political system:Republic
Capital city:Kiev
Total area: 603 700 km²
Currency:Ukrainian grivna (UAH)
Economy | Business Protocol | Legislative and Political System | More about the Country | Order a Business Information Report (BIR)
Economy
Statistical Office

Chamber of Commerce and Industry

Entrepreneurship in the Country

After the country had attained its independence, it was very slow in implementing the structural reforms, therefore the heavy industry still kept its leading role. The major activities are steel and chemical industries, shipbuilding, coal mining, machine construction and arms industry.
Business Directories

Local Communities

Business Protocol
Business Communication

When you travel to Ukraine, you enter the country, full of paradoxes. Ukrainians are proud of their roots and reticent about their recent past; the country participates in international space programs and produces the world's largest aircraft, but still lives in the universe of superstitions.

Doing business here is not always easy, but guaranteed to be exciting. Socializing and friendliness outside the office will more than compensate for the setbacks.

Strong family ties and friendships have been a survival mechanism in Ukraine for centuries, be it in farming, when several families were pooling resources, or in times of hardship and crisis.

A network of good personal contacts is the most valued asset in getting something done.

Business Negotiation

The process of business negotiation can be quite long-winded. Most Ukrainians will start the dialogue with a long "warm-up" session about the journey, the family or proposed entertainment for the evening. Don't get impatient: any attempt to rush straight into business is considered rude. For Ukrainians the beginning of the meeting is a time for evaluating the individual, with whom one is conducting business.

While Western negotiators prefer mostly sequential approach and tackle every issue separately, Ukrainians tend to come to an understanding on the global picture first, before getting into the details of a proposition or a contract.

Sometimes a Ukrainian host may start negotiations with: "Well, this is how we see it and this is the result we would like to get. And what is your proposal?" Some Western counterparts are not always prepared for such an abrupt beginning. Consider your answer carefully, as your initial statement will be perceived as the backbone of your proposal.

Legislative and Political System
President

Government

Prime Minister

Ministries

Constitutional Court

Legislation

More about the Country
Geographical Characteristics

Ukraine is the biggest European state. It is situated in Eastern Europe and it is bordered by the Black Sea to the south, Russia to the east, Belarus to the north and Poland, Slovakia, Hungary, Romania and Moldova to the west.
Languages

Ukrainian.
Short History

Chronology:

 

  • 5th-6th centuries: the fortified settlement on the right bank of Dnieper, as the predecessor to thepresent-day Kiev.
  • 1918-1920 Ukrainian People's Republic - In the chaotic period the territory was a scene of many battles between the followers of different political standpoints.
  • 1920 Incorporation in the Union of Soviet Socialist Republics.
  • 1932-1933 Genocide in Ukraine – the collectivization has a devastating effect; 5-7 millions starved to death, since they were not allowed to receive any grain until the unachievable quotas were met.
  • 1941-1945 During the World War II the vast majority of the fighting between German and Soviet troops took place on the Ukrainian territory.
  • 1945 Ukrainian Soviet Republic was enlarged by the territory of Poland – the land with the Ukrainian population was reunited with the rest of the Ukraine.
  • 1991, August 24th - after the referendum the Ukrainian parliament (Verkhovna Rada) adopted the Act of Independence in which the parliament declared Ukraine as an independent democratic state.
Time Zone

GMT/UTC + 2
International Dialing Code

+380
Average Temperatures

July 20 0C, January -6 0C.
Opening Hours of Banks

Monday - Fiday: 9.00am – 1.00pm and 2.00pm - 6.00pm.

 

Saturday: 9.00am – 4.00pm.

Opening Hours of Post-Offices

Monday - Saturday: 8.00am – 5.00pm.
Opening Hours of Shops

Legally permitted opening hours:

 

Monday - Friday: 8.00am – 7.00pm.

Saturday: 9.00am – 3.00pm.

Credit Cards

Credit cards are widely accepted in Ukraine in cities and holiday resorts. The most common credit cards, such as American Express, MasterCard and Visa are accepted in numerous hotels, restaurants and shops. Almost all petrol stations will accept credit cards.
Foreign Currency Exchange

Apart from the banks, foreign currency can be also exchanged in exchange offices, hotel receptions, tourist agencies, petrol stations and larger department stores.
Mobile Telecommunications

The country is almost entirely covered by mobile telephony signal. The main operators have concluded contracts with larger European and world operators. Mobile phones in the country are designed to function within the network of frequency bands 900 MHZ and 1800 MHZ. You can host in the following mobile networks: MTS, Beeline, Kyivstar, life:).
Emergency Telephone Numbers

Police

112

Medical emergency

112

Fire emergency

112

Population of the State

Population of the Capital

Demographics

Religion

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