Category: 9. Business

The operation in the Kursk region is designed to protect Ukrainian citizens on the border and to destroy the potential for Russian aggression. If Western partners lifted all restrictions on the use of long-range weapons in Russian territory, Ukraine would not need to mount an offensive in… Continue Reading

Azerbaijan’s state oil company Socar and Russia’s Gazprom have agreed to expand their strategic partnership, the Russian gas monopolist said in a statement. In September, the parties will sign a comprehensive scientific and technical cooperation agreement for the North-South project. “An… Continue Reading

Putin’s project to increase gas supplies to China and build a new Power of Siberia-2 pipeline has been put on hold for a long time. Mongolia – through which the 2,500 km long pipeline was supposed to pass – did not include the Gazprom gas pipeline in its national development plan until… Continue Reading

According to Eurostat, the share of solar power in the total volume of the EU’s electricity production in 2022 was 210,249 GWh compared to 205,693 GWh for hard coal. Poland and the Czech Republic are the only hard coal producers in the EU. In 2022, the Russian Federation remained the largest… Continue Reading

Head of the Ministry of Agrarian Policy Taras Vysotskyi said that the problem of insurance for ships entering the ports of Odesa has been solved, thanks to the creation of a joint Ukrainian-British insurance fund, to which the Ukrainian government contributed. “At the beginning of the… Continue Reading

In seven months, the Export Credit Agency (ECA) of Ukraine provided ₴4.84B in insurance and financial support for exporters.  Each hryvnia in ECA-provided insurance liability was converted into more than ₴13 in future export earnings. Minister of Economy Yuliya Svyridenko noted that… Continue Reading

According to economists, Moldova’s exports have fallen for five consecutive quarters, hitting a three-year low in the second quarter at $859M, down 30% from the all-time high set in the corresponding period in 2022. Annual export value reached $3.78B, which is $558M less than at the beginning… Continue Reading

As of August, the National Bank’s gold and currency reserves reach $37.2B. Since the beginning of the year, the reserves have fluctuated from $37B to $43.8B. Currently, the NBU’s reserves are not being used to service Ukraine’s debts because most external debt has been restructured. The… Continue Reading

The 1,000 largest Ukrainian enterprises generated nearly ₴7.2T in net income in 2023, 19.4% more than a year earlier. These companies sold 54% of Ukraine’s total production volume (52% in 2022). In 2023, 23% of the top 1,000’s composition differed from the previous year. 233 enterprises… Continue Reading

Vacancy in Kyiv’s shopping and entertainment centers decreased from 16.3% last year to 15.2% at the end of the first half of 2024, UTG notes. At the same time, experts pointed to a tendency toward a decrease in the population’s solvent demand against rising costs for communal services,… Continue Reading