Ukrainian Parliamentary Committee to Unveil the Resolution on Accelerating Small and Medium-Sized Business Recovery

A Resolution on accelerating small and medium-sized business recovery was signed by the Verkhovna Rada Committee and the Ukrainian Business Council on 18 March 2024.


The Parliamentary Committee of Ukraine on Economic Development has approved a Resolution of the committee hearings “Priorities and challenges of small and medium-sized business activities in the context of Ukraine’s recovery.”

The Resolution outlines a series of important steps aimed at the swift restoration and return to active economic activity of small and medium-sized enterprises.

What is Inside the Resolution

Participants of the hearings recommend the following:


1. To the Verkhovna Rada of Ukraine:

    • Ensure urgent consideration of draft laws on rebooting the Customs Service, the Tax Service, and the Bureau of Economic Security.

    • Proceed with the second reading of the following draft laws: “On Market Surveillance Liberalization” (Bill No. 5473d), and “On Modernization of Public and Private Partnership” (Bill No. 7508).

    • Accelerate the revision of the draft Law 10166 on a Special Tax Regime for Self-Employed Persons (No. 10166) and its preparation for the voting agenda at the Verkhovna Rada. Bill 10166 creates a legal framework for digital platforms in Ukraine providing innovative solutions such as tax automation, easy and transparent data exchange with the respective tax authorities, and a low tax rate (6.5%) for those who earn money as drivers, couriers, repair masters, and similar professions, through digital platforms.

    • Proceed with the consideration by the Verkhovna Rada of Ukraine of the draft Law of Ukraine on amending the Criminal Procedure Code to protect entrepreneurs’ rights from law enforcement agencies (No. 9211).

2. To the Cabinet of Ministers of Ukraine:

    • Instruct the Ministry of Finance of Ukraine to provide the Committee of the Verkhovna Rada of Ukraine on Economic Development with calculations of the economic effect of implementing measures envisaged by the National Income Strategy by 2030, including budget revenues, business expenses for additional administration, additional expenses of regulatory authorities, additional burden on the judicial system.

    • Ensure transparency and balance in the reservation of key specialists of enterprises when developing new approaches to reservist military personnel. Ensure the implementation of the e-reservation mechanism, where reservation procedures take place within a day.

    • Prepare changes to the current legislation to stimulate joint communal enterprises (ukr. СКП).

    • Develop a concept and create a mechanism to minimize the number of communal enterprises, based on expediency criteria of their activities and efficiency, and introduce corporate governance for communal enterprises.

    • Make changes to the current legislation to liberalize the use of electronic cash registers (ukr. РРО).


Check the Ukrainian version of this post on the Facebook page of the Ukrainian Business Council here.

Resilient Triumph: European Expansion Amidst the Ongoing War

Learn about the resilience of MK:translations, a dynamic Ukrainian company specializing in translation and localization in 84 languages and is B2B segment oriented, which not only survived the war, but expanded its presence in the EU, and provided foreign language solutions for the Ukrainian refugees abroad. Read our Interview with Yuliia Ventskovska, the company’s CEO & Co-Founder.

Yuliia Ventskovska, CEO & Co-Founder of MK:Translations

We talked to Yuliia about how the team managed not only to withstand the blows of the war but grow and establish headquarters in Europe.

Yuliia, could you share your experience? Was it an easy decision to continue working during the war? What motivated you?

The matter of work suspension was not even discussed. I understood we had to carry on, to help our staff and their families in such a crucial time. Moreover, the country needed taxes to withstand. So, this is what we decided to do — keep providing jobs, paying taxes, volunteering, and supporting the Ukrainian Army. In such a way, we would bring the victory closer.

Despite difficulties, the team continued accepting orders and helping Ukrainian and foreign companies to enter new markets without a break.

We were back to work on the fifth day since the beginning of the full-scale war.

Did you manage to save the team?

At the beginning of 2022, our team consisted of 17 full-staff employees and 100+ experts engaged in our projects. Part of the team worked offline in the Kyiv office, while others provided our services remotely from different parts of Ukraine.

MK:Translations | Kyiv Office Team

After the war began, we had to say goodbye to some of our colleagues who could not work or who moved abroad to start a new life. However, the majority of our team stayed and was ready to adapt to the new circumstances, challenges, and work conditions.

Our translators experienced the same. We closed all the projects relating to russia, and tried to understand which translators we could rely on. I remember with gratitude the words of encouragement we received from our foreign translators. Some of them even refused their fees in favor of the Armed Forces of Ukraine and volunteer organizations!

There were really no problems for you to re-organize the work, weren’t there?

There were, of course. However, we recall only pleasant things.

In the first month, we could work only 2—4 hours a day. We had to renew our internal business processes. It was difficult indeed, to re-organize the teamwork, staff being located in different parts of the country: some colleagues were in a safer place, while the others — under terrible continuous, constant alarms forcing them to leave the workplace and hide in a bomb shelter. We tried to support each other in every way we could at that time. I had to re-evaluate the amount and complexity of tasks and set sober deadlines so that the team might work in a realistic setting and not feel guilty for not completing anything on time. The human factor, the care for my team, was the key for me.

Soon we were strong enough to launch social projects, besides our regular work. I’m proud of that.

You mentioned “social projects” — could you tell more about them, please?

After recovering from the first shock of the war, we brainstormed to understand how we could help Ukrainians, considering our resources, translation experience, and awareness of foreign markets.

More than 5 million Ukrainian people, mostly women and children, had left their homes to find shelter in foreign countries, with little knowledge of foreign language. It didn’t take long for us to understand our higher calling at that time — help Ukrainians communicate abroad. Following the call, we developed the following two projects for the displaced Ukrainians: U-Guide and USearch.

U-Guide was a free phrasebook in 14 popular languages for adults and young Ukrainians who were forced to leave their country because of the war. More than 30 thousand users downloaded it in just several months after its launch.

USearch was a Telegram channel and chatbot for job searching all over Europe and remotely in Ukraine, where you could filter the vacancies by niches and countries. The number of users of this product exceeded 14 thousand.

Did the client base structure change under new conditions?

We were able to keep the existing “Western” clients. Moreover, we gradually increased their number.

At the same time, our base of Ukrainian customers had been changed to a certain extent because some companies had changed their specialization, while others simply collapsed because of the war. Thus, our local client base had been almost 50% updated.

MK:Translations — "We Can Translate It!"

What about the services?

Order capacity for such services as official document translation had slightly increased at that time due to the forced displacement and the coming enrollment campaign. But that was not our main focus.

The most popular services were, as they are now, the localization of websites, games, and mobile apps. Today we continue to see high demand from gamedev and blockchain niches.

At the same time, we keep cooperating with our regular customers in the specialized fields of translation: legal, technical, financial, etc.

Besides, the demand for multilingual copywriting is also increasing in our case, namely writing articles, presentations, landing pages, and posts for social networks in foreign languages.

How is the team's work organized now?

In Kyiv, Ukraine, part of our team works in an office setting, while 80% of our staff work remotely.

We need the office not only for our own convenience. Some clients prefer real-life meetings prior to entrusting their projects to a new contractor. Moreover, we have to keep official documents for 30 years in accordance with the legislation.

The office space we use is equipped with power generators, and it has a permanent Internet connection and even a bomb shelter!

As to the technology, we record the working hours and presence of remote colleagues in Hurma HRM system. We are always in touch in Microsoft Teams and Telegram chats. Therefore, we can immediately substitute any translator in the case of a power outage or a threat of missile attacks they might be dealing with.

MK:Translations | Establishing a New Office in the EU (Estonia)

Tell us about your new European division: why Estonia?

It was not a spontaneous idea; it took two years to make this decision.  

Finally, attending the Tallinn Digital Summit in October 2022, gave us the confidence that it was time to take this direction.

The Estonian market has a lot of advantages: a high level of digitalization, a great number of IT companies, a developed startup culture, a connection with markets of the Scandinavian countries, a convenient taxation system, and company registration via the E-residency program. Moreover, it is easier and more effective to communicate with foreign customers and translators through the European division.

Some experts might admit it would be more efficient to start with Poland, the Czech Republic, or Romania, repeating the experience of many other Ukrainian businesses. However, we decided to choose not the easiest but the most effective way. Considering the benefits I mentioned earlier, we chose Estonia as our EU headquarters.

How can you make European clients interested in you? Why should they choose your company?

I could answer — we are the best! But business likes specifics. So, I will say this: we follow the win-win strategy in our work, which means we treat the client’s result at the same level as our own result. If they win, we win as well.

We are strictly against dumping because we know what price we pay for the qualitative result we deliver.

Besides, we stick to the word: we do not refuse projects halfway through, do not exceed the agreed budget, and do not break deadlines.

Our company is a reliable partner in translations and localization, and our clients’ feedback and their repeated orders confirm this. We have almost no clients with a single order. Even if they order the translation for private purposes for the first time, they return with other queries or recommend us to their friends or colleagues.

Do you already understand where to go next?

The aim of the coming years is to develop our own brand in the Western Europe market and gain more clients.

Localization services are in higher demand among the companies which are already operating in or are going to enter the international market. It would be unwise to miss such an opportunity.

We also have ambitious goals to create an industry association that will represent the Ukrainian translation business in the international market. As Estonians say: “Kes hiljaks jääb, see ilma jääb”, which means ”The latecomers loose”. But this is not about us, for sure, as we are not going to slow down.

About MK:Translations

Interested to learn more about MK:Translations?

→ Visit their Website here.


— Your Trusted B2B Partner in Ukraine —

We foster global partnerships with Ukraine in the fields of B2B consultancy, premium Agile training, and staff solutions.

Get in touch with us to learn more.

Professional Scrum Master Training for a Higher Cause​

On 01 Aug 2023, a Professional Scrum Master I (PSM I) Training, certified by, will take place. All the profits from the training will go to 4Life Ukrainian Charitable Foundation supporting the medical, emergency, and humanitarian efforts at the frontlines in Ukraine.

Bogdan Misyura, founder of BrainRain and advisor at Localizer.Pro, delivers a 4x4 vehicle for Ukraine.

The Training

On 01 Aug 2023 the Professional Scrum Master I (PSM I) training, certified by, will take place, organized by Bogdan Misyura, founder of BrainRain and training advisor at Localizer.Pro.

The participants will get world-class training, delivered by Dominik Maximini, a high-profile Agile coach at Scrum.Org.

The training involves additional benefits, such as its content availability on day 5 of this workshop, and getting a free coaching hour with the trainer.

The unique feature of this training is its charitable cause — all the profits from it will be donated to the Ukrainian Charitable Foundation «4Life» to save people’s lives in the frontlines in Ukraine.

Who is This Training For?

The PSM training is designed for those who already work as Scrum Masters or want to step into the role.

We will combine theoretical knowledge with practical exercises and thus prepare the participants to be able to implement newly acquired knowledge immediately in their daily work.

How Convenient is Its Schedule?

To address your schedule needs, this training will be stretched out over five half-days in two weeks.

You will get some homework between the sessions, to further deepen your knowledge on Scrum.

Meet the Trainer: Dominik Maximini

Dominik Maximini, Certified Agile & Scrum Coach by Scrum.Org

Dominik Maximini is an enthusiastic coach and a dynamic manager experienced in integrated software development. He started programming at the age of 14. Later he realized he could impact project success in project management for the better. However, the classical project management methodology did not met his expectations. Having discovered Scrum, Dominik finally found what he was searching for. His team productivity doubled.

Today, Dominik leads a team of Agile coaches in Germany. He makes sure to stay with both feet on the ground by helping companies as a Scrum Master and a Coach in their day-to-day businesses. His vision is to bring openness and honesty into companies – this makes Scrum his mission.

Dominik is bilingual and holds training courses in both English and German languages, both virtual and physical realms.

You may read more about Dominic here on Scrum.Org.

What You Will Learn

The aim of this course is to give you a solid foundation in Scrum and its core principles and to strengthen you in the role of facilitator for the team and your organization.

You will learn the advantages and disadvantages of certain decisions and why some support agility and others ultimately lead back to a waterfall-like process.

We will discuss how you can reflect the dogmatic theory in practice, optimize the quality and total costs of ownership of your product as well as getting to delivery forecasts.

In addition, we particularly focus on helping you to internalize the basic principles of successful team building processes and provide you with valuable tools for your work as a Scrum Master.

Through practical exercises, you will also learn how the role of the Scrum Master in a Scrum environment is to be seen. This includes the rights and obligations of this role/accountability.

Besides, you will learn how to work effectively with the other Scrum roles (Product Owner and Developers), as well as with customers and clients, and how to exercise your own Scrum Master role in the best way, considering customer satisfaction and added value.

Cost & Details

Cost: €645.

Charity Cause: All the profits will go to 4Life Ukrainian Charitable Foundation to save people’s lives at the frontlines in Ukraine.

Dates: 01 – 10.08.2023

Trainer: Dominik Maximini

Duration: 20 hours

Language: English

How to Participate?

You are welcome to participate. Please, click the “Learn More” button to go to the official Training Event page on the BrainRain website.

You will find the list of topics and extensive information on the training there, and will be able to register for the event.

Shocked by Slush: a Lesson to Learn for Global IT Community

The scandal with Slush is not a new story. However, the awkward situation with this global IT event that took place in 2022 became a lesson for the international IT and business community to learn. I called it “a shock from Slush” — a controversial monetary decision-making by the Western “players” surpassing legal and moral responsibility in the midst of Russia’s war crimes against humanity.

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Ukrainian IT Trends in 2022

According to the Ukrainian tech industry market overview, the largest customer for Ukrainian information technology, in terms of money, is the United States, which imports nearly 40% of the services, and the second largest is Great Britain, consuming 10% of the IT services provided by Ukraine.

Let us take a closer look at the recent trends in the Ukrainian IT industry and compare them with the current situation in 2022.

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