According to The Economist, Russia’s state-owned enterprise Rosatom controls about 65% of the global market for nuclear reactors used in power plants. Russia also leads in enriched uranium, holding 44% of the world’s enrichment capacity. Last year, the EU imported…
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Processing enterprises will be able to receive grants to restore facilities damaged by Russian attacks.
The Cabinet of Ministers approved a new procedure for implementing the Grants for Processing Enterprises program, introducing a new direction. Now, processing enterprises affected by Russian aggression can receive up to ₴16M ($380,000) for the purchase, delivery, and…
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Nestlé has launched vermicelli production in Volyn with a $50M investment, with 75% of production planned for export to the EU.
In the village of Smolyhiv, Volyn region, the Swiss multinational conglomerate has established a new factory, completing an investment project. The first production line became operational after two years of preparation, following an investment of CHF 40M ($50M). The…
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Europe’s automotive industry at a crossroads
Around 1.8 million BEVs were produced in Europe in 2024 (including the EU, UK, EFTA and Serbia, T&E calculations), very close to those sold in the same year (2 million). Germany leads the way with 1.2 million BEVs produced, followed…
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A state bank finances the construction of a solar power plant and an energy storage facility in Western Ukraine.
State bank Oschadbank signed a €10.8M investment loan agreement with the Elios Luchky company, from the Helios Strategia group, to fund the construction of a solar power plant with an installed capacity of 22.35 MW (inverter capacity – 16 MW), as well as an energy…
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Transcarpathia is emerging as a new commercial hub in Western Ukraine.
With the start of the full-scale war, Transcarpathia has become a key point for internal migration. Uzhhorod, owing to its proximity to EU countries and developed infrastructure, has become a center of new business activity. Demand for commercial real estate in the city…
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Ukraine is facing its largest housing shortage in history, leading to significant changes in the eOselya state preferential mortgage program.
Over the next five years, the Ukrainian Financial Housing Company (Ukrfinzhitlo), which ensures the functioning of the mortgage lending market in Ukraine and introduces financial and credit mechanisms to provide citizens with housing, will transition to market lending…
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Several EU retailers plan to enter the Ukrainian market.
Serhiy Kolesnyk, co-owner of the popular Polish retail chain Best Market, announced his intention to expand into Ukraine if the military situation stabilizes. The chain is currently developing the Best Market, Foodex24, Foodex Express, and Best Beer brands. According to…
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UN adopts resolution on Afghanistan’s Taliban rule over US objections
UNITED NATIONS (AP) — The U.N. General Assembly adopted a resolution Monday over U.S. objections calling on Afghanistan’s Taliban rulers to reverse their worsening oppression of women and girls and…
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