Business peciliarities in Ukraine and Bealrus
Total area: 603,550 sq. km (the largest country in Europe by area that is physically within
Europe entirely).
Population: ~ 45 million (declining).
Major cities and estimated population (Good news! Not all the business and capital
concentrated in the capital):
Kyiv (Kiev) 2.8 million,
Kharkiv (Kharkov) 1.5 million,
Lviv (Lvov) - 1.5 million,
Donetsk 1 million,
Dnipropetrovsk (Dnepropetrovsk) - 1 million,
Odesa (Odessa) 1 million.
Zaporizhzhya (Zaporozhye) 0.8 million.
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GDP growth, %: 1.0 (2013 forecast EBRD downward revision from previously projected
2.5%).
Official language: Ukrainian (although Russian is widely used in business
communication).
Currency: Hryvnya (UAH).
Government type: republic.
Membership: the United Nations, the International Monetary Fund (IMF), the World
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