e-Course: Doing Business in Ukraine

EENI Business School & HA University


Syllabus of the Online Course (Subject) - Doing Business in Ukraine. Kiev.

  1. Introduction to Ukraine (Eastern Europe)
  2. Economy of Ukraine
  3. Doing Business in Kiev
  4. Ukrainian Foreign Trade
  5. EU relations with Ukraine
  6. Foreign Direct Investment (FDI) in Ukraine
  7. Access to the Ukrainian Market
  8. Business Plan for Ukraine

The objectives of the Online Course / Subject “Doing Business in Ukraine” are the following:

  1. To analyse the Ukrainian Economy and Foreign Trade
  2. To evaluate business opportunities in the Ukrainian market
  3. To analyse trade relations of Ukraine with the student's country
  4. To know the Ukraine Free Trade Agreements
  5. To develop a business plan for the Ukrainian Market
The eLearning Course (Subject) “Foreign Trade and Business in Ukraine” is part of the following Online Higher Education Programs taught by EENI Business School & HA University:
  1. Doctorates: Business in Europe, Foreign Trade
  2. Masters: International Business, Foreign Trade, Europe, Emerging Markets
  3. Course: Business in Eastern Europe
  4. Bachelor in International Trade

Version of the Doctorate / Master adapted for Ukrainian Students

Course learning materials in Master in International Business in English + Study Master Doctorate Business in Spanish Ucrania Study, Master in International Business in French Ukraine Masters Foreign Trade in Portuguese Ucrânia.

  1. Credits of the Online Course / Subject “Doing Business in Ukraine”: 1 ECTS
  2. Duration: one week

European Union-Ukraine Association Agreement

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Description of the Online Course: Doing Business in Ukraine


  1. Capital: Kiev
  2. Official Language: Ukrainian (Russian is widely used)
  3. Area: 603,550 square kilometres
  4. Ukrainian Population: 42.5 million people
  5. Type of Government: Semi‑presidential Republic
  6. Borders of Ukraine: Belarus, Russia, Poland, Slovakia, Hungary, Romania and Moldova
  7. Ukraine is a Slavic country
  8. Independence: 1992 (Soviet Union)
  9. Ukraine has the second largest army in Europe

Main religion of Ukraine: Orthodoxy (Christianity), despite the fact that most Ukrainians declare themselves atheists

  1. Greek-Catholic Church of Ukraine

Ukraine belongs to the Economic Area of the Orthodox Civilisation

Economy of Ukraine.

  1. Ukraine is a middle-income economy (World Bank)
  2. Ukraine is an Emerging market
  3. Economic recession in 2008-09
  4. The annexation of the Crimean peninsula by Russia in 2014 and the war in Donbass in 2014 seriously damaged the Ukrainian economy. Since then, the foreign trade between Russia and Ukraine has virtually disappeared
  5. Ukrainian GDP (nominal): 90,524 million dollars
    1. Agriculture: 10%
    2. Industry: 32%
    3. Services: 58%
  6. GDP per capita: 2,000 dollars
  7. Ukrainian Currency: Grivna
  8. Ukraine is famous for its aircraft (Antonov), transport vehicles (KPA trucks), space and missile aircraft
  9. In Ukraine, there are twelve car manufacturers: ZAZ, LuAZ, Bogdan, KrAZ, Eurocar, Electron, LAZ. ZAZ (Factory of Cars of Zaporizhia) is the main car-maker of Ukraine
  10. Ukraine also produces coal, electrical energy, machines, chemical products, food products (sugar)
  11. About 80% of the Russian gas enters into the European markets through Russia-controlled gas pipelines
  12. Ukraine is considered a country with high corruption
  13. Ukraine is developing an important tourism sector
  14. The Russian businessman Alexander Lebedev controls the Ukrainian bank Energo

Ukrainian Foreign Trade.

  1. The main Ukrainian Exports: ferrous and non-ferrous metals, fuels and petroleum products, chemical products, machinery and transportation equipment, food products
  2. The main Ukrainian exports are destined to the European Union (40%) and Commonwealth of Independent States (CIS)
  3. The main Ukrainian Imports: natural gas, machinery and equipment, chemical products
  4. Russia is its main supplier of gas and oil

International Economic Relations of Ukraine

EFTA-Ukraine Free Trade Agreement (Course)

  1. European Free Trade Association (EFTA)-Ukraine Free Trade Agreement
  2. Free trade agreements of Ukraine with Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Moldova, the Kyrgyz Republic, Serbia, Tajikistan, Turkmenistan, Uzbekistan
  3. Georgia-Moldova-Ukraine-Azerbaijan Free Trade Agreement
  4. Free trade agreements of Ukraine in negotiation: Canada, Singapore
  5. Organisation of the Black Sea Economic Cooperation (BSEC)
  6. Regional Organisation for Democracy and Economic Development (GUAM)
  7. Central European Initiative (CEI)
  8. Council of the Baltic Sea States
  9. The European Union and Ukraine
    1. Black Sea Synergy (EU)
    2. Ukraine-EU Association Agreement
    3. European Neighbourhood Policy
    4. EU Eastern Partnership
  10. United Nations
  11. World Bank
  12. World Trade Organisation
  13. Economic Commission for Europe (UNECE)
  14. International Monetary Fund (IMF)
  15. Organisation for Security and Cooperation in Europe (OSCE)

Ukraine is an observer country of the:

  1. Eurasian Economic Community (EurAsEC)
  2. Association of Caribbean States (AEC)
  3. Latin American Integration Association (ALADI)

Examples of the Course (Subject) - Foreign Trade and Business in Ukraine:

Commonwealth of Independent States (CIS) e-Master

Eurasian Economic Union (Online Master)

Alexander Lebedev Russian Businessman (Course)

Black Sea Synergy

Regional Organisation Economic Development (GUAM)

(c) EENI Business School & HA University