In 1920, under the initiative of
Mykhailo Tuhan-Baranovskyi, the Ukrainian Cooperative Institute was established. On November 16 of the same year the institute became the cooperative faculty of the Kyiv Institute of National Economy. In 1922, it became the Kyiv Cooperative Technical School and the Cooperative Institute. Chubar. In 1933–1934 the school merged with the Kharkov Planned Institute of Consumer Cooperatives and moved to
Kharkov. In 1940 it joined with several Kharkov universities to form the Kharkov Institute of Soviet Trade. In 1959 the Kharkov Institute of Soviet Trade moved to the city of
Stalino and became the Stalin Institute of Soviet Trade. In 1961, that name was changed to the Donetsk Institute of Soviet Trade. Starting in the 1960s, the Institute opened branches and subsidiaries in several regions of the
Ukrainian SSR (including
Kyiv,
Odesa and other large cities). In 1992 the university became known as Donetsk State Commercial Institute, and in 1998 as the Donetsk State University of Economics and Trade. In 2007 DonNUET received the status of a national university. On September 17, 2010, DonNUET signed the Great Charter of Universities in
Bologna (Italy), which provides members the mutual exchange of information and documentation and an increase in the number of joint projects. University trains specialists for trade and services and for other areas of the economy. The university is being reconstructed provide young qualified specialists. In 2014, DonNUET moved its operations from Donetsk to
Krivyi Rih to avoid the disruption caused by the
Russo-Ukrainian War. == Recognition ==