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Last Events

Rivne Region Intends to Auction the Right to Rent Two Land Plots of Total Area 26,5 Ha on 16 September

The right to rent a land plot for agrarian purpose of an area of 6,5 ha situated outside of inhabited locality on the territory of the Snovydovytsk Village Council in Rokytno district, as well as a land plot for agrarian purpose of 20 ha on the territory of this village council, is to be put up for auction

Direct Foreign Investments Up By 23.4% To USD 36.5 Billion In H1

In January-June 2007, the volume of direct foreign investments in the Ukraine's economy rose by 23.4% or USD 6,918.1 million, and amounted to USD 36,450.9 million as of July 1, 2008.

Education

Rivne region holds a wealth of local talent. Workers are highly qualified, productive and driven to develop their professional skills. Each year more than 5000 students graduate from Rivne region's 34 universities and institutions of higher and professional education. Nearly 10 000 students study in technical schools.

Universities and businesses in the region have a history of cooperating to ensure that the workforce retains its competitive advantage.

Labour costs

Wages and all other payments in Ukraine have to be paid in Ukrainian hryvna (UAH). As of 01.01.2008, the average monthly gross salary in Ukraine amounted to 1351 UAH (or 267 USD), in Rivne region 1132.71 UAH (or 224.3 USD).

Average salary by economic activity in Rivne region, UAH

Unemployment

In Rivne region, the official registered unemployment rate amounts to 3.9% as of 01.01.2008. According to International Labour Organization, 8.9% of population is unemployed.