The large-scale reconstruction of Ukraine will mean a significant increase in the number of international contracts, tenders, subcontracts and joint projects involving the state, international financial organizations, donors and private capital. For Ukrainian companies, access to such projects will increasingly depend on their ability to quickly confirm their legal and business transparency.
International customers check potential contractors before concluding a contract: their legal status, owners and beneficiaries, corporate ties, business history, financial condition, sanctions exposure and compliance risks. Business verification is therefore effectively becoming part of the infrastructure of future reconstruction.
“It is important for Ukrainian companies to prepare for reconstruction projects before a specific tender has already been announced. An international partner first looks at whether a company can be quickly identified, its ownership structure understood and its risks assessed. The more transparent the business profile, the less time due diligence takes and the better prepared the company is for international cooperation,” said Maksym Urakin, Director of Development and Marketing at Interfax-Ukraine, Head of the D&B-Interfax-Ukraine Business Division and PhD in Economics.
This is particularly important for small and medium-sized businesses. A Ukrainian company may possess strong manufacturing expertise but lose opportunities because of incomplete or inconsistent corporate data, a lack of information in English, outdated information about its management or an opaque ownership structure.
Preparing for international verification includes checking the company’s registration data, updating contact details, describing its business activities, confirming its ownership structure, analyzing financial statements and understanding what risk signals a foreign customer or bank may identify.
D&B uses standardized international business data to identify legal entities and build corporate profiles. Such data is used by companies, banks and procurement organizations in KYC, due diligence, supplier onboarding and risk management processes.
For Ukraine, developing a culture of corporate transparency may become one of the practical factors in attracting private capital and integrating Ukrainian suppliers into international reconstruction projects.
Dun & Bradstreet is an international provider of business data and analytical solutions whose history began in 1841. D&B works with data on companies worldwide and provides tools for business identification, counterparty verification, credit and commercial risk assessment, compliance and supply chain management.
The official representative of Dun & Bradstreet in Ukraine is the Interfax-Ukraine News Agency. The specialized D&B-Interfax-Ukraine division provides Ukrainian companies with access to international business data, helps them verify foreign counterparties and work with D&B tools.
Inquiries can be submitted through the specialized D&B resource — dnb.ua, by email at Urakin@interfax.kyiv.ua or by phone at +38 (044) 270-65-74.
BUSINESS VERIFICATION, DUN & BRADSTREET, UKRAINE RECONSTRUCTION
For Ukrainian companies, participation in international tenders increasingly requires not only a high-quality commercial proposal but also standardised international business identification. One of the most widely used identifiers is the D-U-N-S Number — a unique nine-digit number assigned to companies within the global Dun & Bradstreet system.
The D-U-N-S Number is used by international corporations, financial institutions, procurement platforms, and certain government and donor organisations to unambiguously identify a legal entity. For a Ukrainian company, having such a number may be necessary when registering in a supplier system, undergoing due diligence, or submitting documents to participate in a tender.
“An international tender does not begin with the price. First, the customer must make sure that it is dealing with a genuine legal entity with a verified name, address, and business profile. The D-U-N-S Number helps connect a Ukrainian company to the global business identification system and simplifies its verification by international partners,” Maksym Urakin noted.
Before obtaining or updating a D-U-N-S Number, a company should verify the correct English-language spelling of its legal name, address, legal form, contact details, and management information. Discrepancies between registration documents, the corporate website, and the international profile may delay verification.
The D-U-N-S Number is particularly relevant for companies seeking to become suppliers to large international groups, work with global IT platforms, participate in procurement by donor organisations, or systematically enter the markets of the EU, the United States, and other countries.
At the same time, the number itself is not a certificate of reliability and does not guarantee success in a tender. Its function is to ensure the unambiguous identification of a business and link a legal entity to an international business profile that the customer can use during verification.
Dun & Bradstreet maintains the global D-U-N-S business identification system and develops solutions for company verification, risk assessment, compliance, and supplier management. In Ukraine, companies may contact the D&B — Interfax-Ukraine division regarding the obtaining and updating of a D-U-N-S Number.
Dun & Bradstreet is an international provider of business data and analytical solutions whose history began in 1841. D&B works with data on companies worldwide and provides tools for business identification, counterparty verification, credit and commercial risk assessment, compliance, and supply chain management.
The official representative of Dun & Bradstreet in Ukraine is the Interfax-Ukraine News Agency. The specialised D&B — Interfax-Ukraine division provides Ukrainian companies with access to international business data, helps them verify foreign counterparties, and assists them in working with D&B tools.
Enquiries can be submitted through the specialised D&B resource at dnb.ua, by email at Urakin@interfax.kyiv.ua, or by telephone at +38 (044) 270-65-74.
BUSINESS VERIFICATION, D-U-N-S Number, DUN & BRADSTREET, INTERNATIONAL TENDERS
To enter new export markets and check counterparties around the world, Interfax-Ukraine offers products and solutions from Dun & Bradstreet (NYSE: DNB), the world’s leader on the market of information about legal entities. Products of the D&B group (Dun & Bradstreet):
GRS (Global Reference Solution) is a global online corporate directory that helps carry out an express analysis of marketing environment, search for partners and clients, verify addresses. Being available on the Internet, it covers 230 million companies all over the world.
D&B Report – business inquiries of companies (Business Information Report) – obtaining an extending examination of the activities of any company worldwide. Data are received within 3-14 days, depending on the country.
D&B KYC Report (Know Your Customer) – checking companies for being in the black and sanctions lists around the world. With the help of D&B’s capabilities, you and your employees will be able to:
– check foreign partners and counterparties in all countries;
– build corporate relations of companies;
– minimize the risks of payments and contract performance;
– search for potential customers and partners around the world.
D&B’s business valuation ratings are the global benchmark for making decisions on cooperation. At the same time, due to the volume of orders and well-practiced procedure for doing business, D&B services are affordable, while access to information has a convenient interface.
Our solutions can be useful for:
– marketing departments (direct marketing, telemarketing, market research, analysis of competitors, search and evaluation of suppliers of products and services);
– sales departments (forming a client base, searching for reliable contacts);
– procurement departments (evaluation of counterparties and association of suppliers within corporate relationships);
– risk managers (evaluation of the risks of interaction with counterparties, partners and customers);
– financial departments (checking counterparties and preparing reports, including on transfer pricing);
– legal departments (reference information on counterparties);
– security services (accurate and thorough inspection of companies).
Interfax-Ukraine is an authorized partner of D&B (Dun & Bradstreet) in Ukraine.
Maksim Urakin is the project manager.
For consultations, as well as cooperation, please contact Interfax-Ukraine’s commercial department by phone:
+38 (044) 270 6574,
e-mail: urakin@interfax.kiev.ua
www.dnb.ua
To enter new export markets and check counterparties around the world, Interfax-Ukraine offers products and solutions from Dun & Bradstreet (NYSE: DNB), the world’s leader on the market of information about legal entities. Products of the D&B group (Dun & Bradstreet):
GRS (Global Reference Solution) is a global online corporate directory that helps carry out an express analysis of marketing environment, search for partners and clients, verify addresses. Being available on the Internet, it covers 230 million companies all over the world.
D&B Report – business inquiries of companies (Business Information Report) – obtaining an extending examination of the activities of any company worldwide. Data are received within 3-14 days, depending on the country.
D&B KYC Report (Know Your Customer) – checking companies for being in the black and sanctions lists around the world. With the help of D&B’s capabilities, you and your employees will be able to:
– check foreign partners and counterparties in all countries;
– build corporate relations of companies;
– minimize the risks of payments and contract performance;
– search for potential customers and partners around the world.
D&B’s business valuation ratings are the global benchmark for making decisions on cooperation. At the same time, due to the volume of orders and well-practiced procedure for doing business, D&B services are affordable, while access to information has a convenient interface.
Our solutions can be useful for:
– marketing departments (direct marketing, telemarketing, market research, analysis of competitors, search and evaluation of suppliers of products and services);
– sales departments (forming a client base, searching for reliable contacts);
– procurement departments (evaluation of counterparties and association of suppliers within corporate relationships);
– risk managers (evaluation of the risks of interaction with counterparties, partners and customers);
– financial departments (checking counterparties and preparing reports, including on transfer pricing);
– legal departments (reference information on counterparties);
– security services (accurate and thorough inspection of companies).
Interfax-Ukraine is an authorized partner of D&B (Dun & Bradstreet) in Ukraine.
Maksim Urakin is the project manager.
For consultations, as well as cooperation, please contact Interfax-Ukraine’s commercial department by phone:
+38 (044) 270 6574,
e-mail: urakin@interfax.kiev.ua
DUN & BRADSTREET, EXPORT, INTERFAX-UKRAINE, MARKETS, SOLUTIONS
