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The US has proposed a new, detailed draft of the mineral agreement which allows for US control over all of Ukraine’s subsoil yet makes no mention of security guarantees for Ukraine, said MP Yaroslav Zheleznyak. He remarked that the proposed project is extremely…

US Treasury Secretary Scott Bessant stated that the potential reconnection of Russian banks to the SWIFT international banking system will depend on future actions by Russian authorities. Commenting on the conditions proposed by Russia for a truce in the Black Sea,…

Before the full-scale conflict began, Ukraine’s power plants had an installed capacity of 56.1 GW. Russia occupied 18 GW of generation, including Europe’s largest nuclear power plant in Zaporizhzhia. Over the past three years, Russia has conducted more than 30…

After the war, Ukraine will have a substantial demand for steel to rebuild its infrastructure and housing, while the market will encounter challenges – competition from foreign suppliers, the necessity to attract investment, and the need to restore production,…

Finnish fast-food chain Hesburger has opened a burger patty production facility, along with a warehouse and distribution center in Boryspil, Kyiv region. The project’s total investment has reached €7.3M, marking the first Finnish industrial investment in Ukraine…

The construction of the BIO-LAN industrial park is currently underway in the Lanovets urban territorial community of Ternopil. The future park, for which registration documents have already been submitted to the Ministry of Economy, is expected to create over 200 jobs,…

IT companies N-IX and Grid Dynamics Group saw a decrease of 50% in their workforces, while EPAM’s workforce was reduced by 31%. The largest exodus of IT specialists from Ukraine occurred in the second year of the full-scale war, with a loss of 10,700 people compared to…