Category: 9. Business
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The IMF sees tax increases in Ukraine as an incentive for continued international support.
Support from international partners, the restructuring of commercial debt, and an increase in taxes should be considered as a single package to eliminate Ukraine’s financing deficit. “Progress in the adoption of the tax package will affect the willingness of donors to continue supporting… Continue Reading
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Ukrainian forces are tightening the noose around Russian forces on the Seim River; Putin orders the Ukrainian military be ousted from the Kursk region by October 1.
Ukrainian troops blew up all the bridges spanning the Seim River in the Glushkiv district of the Kursk region. This could cut off groups of Russian forces, as Ukrainian territory surrounds the district from the west and south. According to BILD, Ukrainian troops have only 2.6 km left to reach… Continue Reading
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The Energy Support Fund of Ukraine has already accumulated €553M: How is the country preparing for the coming brutal winter?
Total contributions from international partners to the Energy Support Fund of Ukraine amount to €553M. This year, a significant portion of the funds is directed to purchasing equipment for distributed generation, particularly cogeneration plants and gas turbines. Head of Naftogaz of Ukraine… Continue Reading
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VC investments in Europe are focused on AI and clean technologies, and Ukraine invests in security innovation.
In the second quarter, venture capital investment in Europe showed significant growth, reaching $17.8B, which significantly exceeded the first quarter’s figure – $13.9B. Artificial intelligence remains one of the most attractive options for investors in Europe. Significant investments have… Continue Reading
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An American venture capital fund invests in a Ukrainian developer of anti-drone systems.
The Green Flag Ventures Capital Fund of American entrepreneur Justin Ziff and his business partner Deborah Fairlamb, specializing in investment into Ukrainian defense startups, announced an investment in Karadag Technologies, a Ukrainian anti-UAV and electronic warfare systems developer…. Continue Reading
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Warehouse rents have increased by 25% during the year due to a shortage of space and the hryvnia’s devaluation.
Top manager of Dragon Capital Property Management Dmytro Kalinichev said that in 2024 rental rates for warehouse real estate in Ukraine increased significantly – and in dollar terms reached the level of $4.9 per square meter per month (without VAT and operating costs) for quality premises…. Continue Reading
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The agricultural sector’s losses from the war now reach $11B, and the export of goods has almost reached pre-war volumes.
The head of the Ministry of Agrarian Policy, Taras Vysotskyi, stated: “Due to Russian aggression, Ukrainian farmers suffered significant losses. Unfortunately, this figure continues to grow. Currently, we can ascertain losses for more than $11B.” According to him, a significant share of… Continue Reading
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A company with Ukrainian capital has opened a new logistics center in Poland.
Meest International, which in 2023 entered the top 20 postal operators in Poland, has opened a new logistics center near the city of Dembica in the south of Poland. The company invested more than €8M in construction and equipment. The center is 8,000 square meters and equipped with… Continue Reading
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Ukrainian entrepreneurs can receive up to €20,000 from Germany to restart their business.
Businesses, internally displaced persons, and Ukrainians who have returned home will be able to receive a portion of €20M in support from the Federal Ministry for Economic Cooperation of Germany (BMZ), financed by the German Development Bank (KfW). Support will be provided to residents of… Continue Reading
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The President of the Czech Republic believes that Ukraine can join NATO with temporarily occupied territories.
In an interview, the President of the Czech Republic, Petr Pavel, said: “I believe that full restoration of control over the entire territory is not necessary for Ukraine’s membership in NATO. If it comes to distinction or the formation of some administrative border, then we will be able to… Continue Reading