IT company with Ukrainian roots Grammarly has raised a $90 million investment led by General Catalyst, which also led its investment round in 2017 with $110 million, with participation from other existing investors including IVP, and new investors, the company has said in a press release.
Since the first round of investments in May 2017, Grammarly has more than tripled the number of users and has added a number of updates to its product, which, according to a press release, “helps more than 20 million people every day.”
The company also opened its fourth office in Vancouver, British Columbia (Canada) and doubled the number of team members in offices of Kyiv, New York and San Francisco. It plans in the near future to expand the current office space in Kyiv by additional 1,300 square meters where 130 people can work.
According to the report, the funds raised by Grammarly will be aimed at further expanding the company’s product coverage in order to make it available wherever written communication in English can be used. The company will also continue working on more complex aspects of language and communication, in particular on the development of the recently launched tone detector, to provide users with practical advice on how to adapt it.
Grammarly was founded by Kyiv residents in 2009: Max Lytvyn, Alex Shevchenko and Dmytro Lider. The offices of the company are located in Kyiv, San Francisco, New York and Vancouver.
President of Ukraine Volodymyr Zelensky may appoint Ambassador of Ukraine to the UN Volodymyr Yelchenko as the ambassador of Ukraine to the United States of America, the Ukrainian Voice of America service reports.
“At this post [Ukrainian Permanent Representative to the UN], an experienced diplomat Yelchenko repeatedly resolutely maintained Ukraine’s position, often in fierce exchanges of remarks with the Russian delegation during the organization’s meetings,” it said.
Zelensky said during a press marathon on October 10 that he had decided on the candidacy of the ambassador to the United States, but did not say who he had chosen.
“A person has been chosen, this is experienced person, a diplomat, who knows the United States very well. I think he will be appointed in the near future,” Zelensky said then.
Earlier, Valeriy Chaly held the post of ambassador.
AMBASSADOR, U.S.А, UKRAINE, UN
NATO member countries should actively help Ukraine, said Secretary General of the Alliance Jens Stoltenberg on Monday.
I urge all allies to provide more assistance to Ukraine in practice, he said during his speech in London.
Speaking about Kyiv’s desire for rapprochement with NATO, Stoltenberg noted that the reforms that Ukraine urgently needs will play an important role in this regard.
Permanent Representative of Ukraine to the European Union Mykola Tochytsky has discussed at a meeting with Special Envoy of the Ministry of Foreign Affairs of Lithuania Ričardas Degutis the organizational aspects of the preparation of the International Ukraine Reform Conference, as well as current issues of Ukraine-EU cooperation.
“On October 10, Ukraine’s representative to the EU Mykola Tochytsky met with Special Envoy of the Ministry of Foreign Affairs of Lithuania Ričardas Degutis, who is preparing the International Ukraine Reform Conference, which is scheduled to be held in Vilnius in 2020,” the press service of the Ukrainian mission in the European Union said.
Degutis emphasized the priority of the Conference, which is considered in Vilnius as part of the overall strategy to support the reform process in Ukraine.
In turn, Tochytsky thanked Degutis for the consistent support of Lithuania to Ukraine both at the bilateral level and within the EU, especially in the context of confronting Russian aggression and introducing systemic reforms in the state.
Since 2015, Ukraine has received from the European Union, as well as from EU member states, about EUR 18 billion of assistance, which is many times higher than the amount of financial assistance provided to Kyiv by the United States in the form of loan guarantees in the amount of $1 billion, Special Adviser to the President of the European Commission on relations with Ukraine, former European Parliament deputy from Germany Elmar Brok said.
“The United States has given 1 billion on loan… The European Union has given 11 billion on loan in runs, another 3 billion has been given via international financial institutions [EUR], and alone Germany has given 1.4 billion [EUR]. So, let’s say altogether the European Union member states have given at least EUR 18 billion in the last five years. That is the real figures,” Brok said in an interview with Interfax-Ukraine, commenting on accusations against the EU and, in particular, Germany and France that they are not providing enough assistance to Ukraine which was voiced during a telephone conversation between the presidents of Ukraine and the United States, Volodymyr Zelensky and Donald Trump.
At the same time, the European politician emphasized that a substantial part of the EUR 18 billion provided to Ukraine by the European Union and its members are grants, while Washington does not provide anything to Kyiv for free.
Brok also recalled that in addition to the amount he mentioned, the European Union also provided other assistance to Ukraine, which is stated in the agreements between Kyiv and Brussels, such as the Association Agreement and the FTA and the visa-free regime between the parties.
“The United States has not given such agreements. Look, the EU gives twenty times more to Ukraine than the Americans,” the special adviser to the president of the European Commission said on relations with Ukraine.
The Ministry of Economic Development, Trade and Agriculture has included the Winter Sport (Vinnytsia) and Chortkiv-West (Chortkiv, Ternopol region) industrial parks in the register of industrial parks. Including in the register of these parks is stipulated in ministry orders No. 151 of October 2 and No. 152 of October 3. Winter Sport was established on a land plot of 25 hectares, its operational life is 50 years. The priority activities in the park will be production of sports equipment for winter sports, equipment for scuba diving, as well as other components, placement of warehouse and administrative premises, as well as information technology enterprises.
According to preliminary calculations, up to 1,450 new jobs can be created in the park.
According to the state register, HEAD Vinnytsia LLC with a charter capital of UAH 10,000 was registered in October 2018. Some 100% of its shares belong to HEAD Ukraine, and the ultimate beneficiaries are three non-resident individuals.
Chortkiv-West was created on a land plot of 87.684 ha, the declared term of its operation is 30 years.
