Kaja Kallas, the EU’s top diplomat, expressed her predictions regarding the 20th package of Russian sanctions and Ukraine’s €90B loan. She is hopeful that the stalled decisions on both issues will be made at the upcoming leaders’ summit. “The work continues,…
Category: 9. Business
-

The US plans to reevaluate its relationship with NATO after criticizing its European allies for what it calls a “betrayal.”
In the last few days, several European nations refused to support the US militarily with the Iran confrontation, particularly in efforts to open the Strait of Hormuz. Secretary of State Marco Rubio described this as a “betrayal at a crucial moment.” He explained that…
Continue Reading
-

The European Commission presents a list of 11 laws to pass to the Ukrainian Parliament in order to secure funding.
Brussels has offered Kyiv an alternative route to access budget assistance, which could also boost its relations with the EU. European Commissioner Marta Kos sent a letter to Ukrainian Parliament Speaker Ruslan Stefanchuk, highlighting that the Verkhovna Rada can help…
Continue Reading
-

Japanese drone giant Terra Drone invests in a Ukrainian interceptor developer.
Japanese corporation Terra Drone, one of the world’s leading developers of unmanned technologies, has announced a strategic partnership and investment in Ukrainian company Amazing Drones. The agreement aims to increase the production of the latest interceptor drones…
Continue Reading
-

The Gulf countries are increasingly engaging with and planning to enter the Ukrainian defense industry.
President Zelenskyy described his Middle East tour as successful, stating that “historic” security agreements were made with Saudi Arabia, the UAE, and Qatar. These agreements go beyond political support, encompassing practical collaboration in air defense, defense…
Continue Reading
-

Ukrainian Eurobonds are declining in value amid global instability, dropping 14% in March.
Ukrainian Eurobonds continued to fall in price last week following the deterioration of global sentiment toward emerging market debt. ICU analysts recalled that since the start of the war in Iran, global outlooks for emerging markets have steadily worsened. The EMBI…
Continue Reading
-

A new M&A transaction is underway in the Ukrainian banking sector: A logistics company and an online retailer are interested in acquiring Avangard Bank.
The National Bank is requiring ICU shareholders to sell their interest in Avangard Bank, and on March 30 the regulator declined to extend the sale deadline. Companies including Nova Poshta and Rozetka are among the parties who are interested in the asset. Larger…
Continue Reading
-

KSE, Sigma Software, and Buntar Aerospace launch a $5M fund for defense startups, while a Netflix co-founder invests in Ukrainian defense through UA1.
KSE University, IT company Sigma Software, and defense startup Buntar Aerospace announced the creation of a $5M venture fund as part of the Defense Builder accelerator. The fund was established with $1.5M from the founders and additional investments from IT industry…
Continue Reading
-

The EU is rapidly ramping up its production of anti-drone systems that have been proven successful in Ukraine.
Europe is moving toward mass production of anti-drone solutions, leveraging Ukraine’s experience. German defense company Rheinmetall has announced a significant expansion of its air defense system manufacturing of products that have already proven effective against…
Continue Reading
-

Domestic UAV manufacturer General Chereshnya will establish a company in the US alongside US firm Wilcox Industries.
The Ukrainian company has signed a strategic partnership agreement with Wilcox Industries, a leading US defense manufacturer that develops and produces advanced tactical solutions for clients worldwide.
The partners plan to jointly produce FPV drones and interceptor…
Continue Reading
