WASHINGTON (AP) — For the first time since the U.S. created an international group to coordinate military aid to Ukraine three years ago, America’s Pentagon chief will not be in attendance when more…
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Ukraine has generated over ₴342M through its privatization efforts.
The State Property Fund of Ukraine (SPFU) successfully conducted nine online privatization auctions from May 26 to May 30, raising ₴342.32M ($8.3M). On average, the value of the assets available at these auctions increased by 270%. The most expensive item was the state…
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The EU and the US are preparing to ratchet up sanctions pressure against Russia.
Head of the EC Ursula von der Leyen discussed coordinating sanctions against Russia with US Republican Senator Lindsey Graham in an effort to end the war. The US senator proposes introducing 500% duties on countries that purchase Russian oil, gas, and uranium….
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Ukraine will have to pay interest on money owed to its creditors due to its default on GDP warrants.
A group of holders of GDP warrants in Ukraine issued a statement regarding the state’s default on these securities. The creditors noted that now Ukraine will be compelled to pay interest on the unpaid amount, said the Ad Hoc Group, which holds more than 30% of the…
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Turkey holds a leading position in Ukraine’s metal product import market thanks to its competitive pricing.
Following the outbreak of the full-scale Russian war, there has been a substantial increase in Ukraine’s steel imports to compensate for the 40% loss in domestic metallurgical capacity. However, last year Ukraine saw a significant rise in Turkey’s market share. The…
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IDF strikes in southern Syria following rocket barrage
The IDF is striking in Syria, the military confirmed early Wednesday morning.
“The IDF recently attacked Syrian regime weapons in southern Syria using fighter jets, following the launches into the country’s territory earlier today,” the…
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American businesses in Ukraine are particularly focused on defense technologies.
Currently, the most compelling direction for US businesses in Ukraine is the defense sector, particularly projects that can be classified as dual-use technologies, said Valeriy Krasovsky, co-founder and CEO of leading Ukrainian IT company Sigma Software. He emphasized…
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Another branch of the Ukrainian agricultural sector is drawing foreign investment amid rapid growth.
In recent years, Ukrainian seed exports have demonstrated steady growth. International companies such as Bayer, KWS, Syngenta, Corteva, Maisadour, and Remington Seeds are actively investing in expanding their capacities in Ukraine. Even during the war, Bayer has invested…
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Volyn will develop an industrial park for the processing of industrial hemp into textiles.
TwinSocks, a manufacturer and distributor of hosiery products based in Volyn, is preparing to create an eco-industrial park focused on processing technical hemp. This crop has the potential to form the foundation for a new processing industry in the region, encompassing…
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Ukrainian honey exporters are losing their competitive edge in the EU market because of quotas.
Beehive, one of Ukraine’s largest honey exporters, sold 9,000 tons of product last year but now expects to sell only 5,000 to 6,000 tons this year. Tariffs have made Ukrainian honey too costly for European consumers, who are turning to cheaper options from China,…
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