Category: 9. Business

In a joint statement made at the fourth Ukraine-Northern Europe summit in Reykjavik, the prime ministers of Iceland, Denmark, Norway, and Sweden stated that they support the Victory Plan. “We will work to facilitate its implementation and strengthen Ukraine’s… Continue Reading

President Zelenskyy, at a meeting with the heads of governments of the Nordic Council in Iceland, once again stated the importance of inviting Ukraine to NATO. During his speech in Reykjavík, he emphasized that Kyiv does not expect to join the North Atlantic Alliance… Continue Reading

A South Korean delegation will visit Ukraine this week to share information about the deployment of North Korean troops to Russia and discuss cooperation measures, South Korean President Yoon Suk-Yeol said. President Zelenskyy and Yoon Suk Yeol spoke over the phone and… Continue Reading

Ukrainian banks expect a further reduction in deposit rates for both individuals and businesses. A survey on lending conditions showed that in the third quarter, the largest share of respondents since the beginning of 2022 predict an increase in business lending volume… Continue Reading

Although the EU countries began to reduce their dependence on Russian energy products after the start of the full-scale invasion, they continued to import them. In total, the money Russia earned from energy exports to the EU enabled the aggressor to pay for18 months of… Continue Reading

The Cabinet of Ministers introduced an export support regime for operations involved with exporting certain agricultural goods during martial law in Ukraine. This regime will establish minimum export prices. It concerns the export of wheat and meslin, rye, barley, oats,… Continue Reading

Ukraine-Moldova American Enterprise Fund (UMAEF) has announced the launch of a new $50M direct investment program to support small and medium-sized enterprises (SMEs) in Ukraine and Moldova. The program is aimed at SMEs with annual turnover of at least $5M. Funding for… Continue Reading

As part of previous military aid packages to Ukraine, the Swedish government will provide our country with €63M in financial support, or approximately SEK 720M. €20M will go to supporting Ukraine’s defense industry, within the Danish model’s framework, which is… Continue Reading

One expert believes that with the Free Trade Agreement between Turkey and Ukraine going into effect, bilateral trade volume will increase from $6.1B in 2023 to $10B quickly, and logistical movements will become much easier. Tax rebates will also be applied to some… Continue Reading

Since the beginning of Russia’s full-scale invasion of Ukraine, about 60 million square meters of housing have been destroyed or significantly damaged, reported the head of the Parliamentary Committee on Urban Planning, Olena Shulyak. According to her, before the war… Continue Reading