A Ukrainian team was in Washington last week to negotiate a historic deal with the Trump administration that would see Kyiv exchange its proven drone technology with the US in return for royalties or other compensation. The deal could be worth billions, and if both sides…
Category: 9. Business
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A massive Russian attack has destroyed the Sparrow industrial park in Western Ukraine.
On Sunday night, a Russian ballistic missile targeted the Sparrow industrial park in Lviv, which has never been a military production facility. It was an open and transparent space for businesses that created jobs and supported the Ukrainian economy. The total area of…
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Kyiv and its partners are planning to launch joint weapons production, with additional funding enabling Ukraine to better respond to Russian strikes.
President Volodymyr Zelenskyy said Ukraine is collaborating with its key allies on a decision regarding shared weapons manufacturing. He mentioned future production facilities in Ukraine that will strengthen airspace defense. The president of Ukraine also noted that the…
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The EU extended its sanctions against Russia for hybrid threats, but did not reach agreement on a drone wall or the 19th sanctions package.
The EU Council renewed individual sanctions against those responsible for Russia’s destabilizing activities abroad for one year and imposed additional measures on top of those enacted on October 8 2024 in response to Russian hybrid threats. Meanwhile, unidentified…
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The EU is nearing a decision on transferring frozen Russian assets to Ukraine.
Since last year, the allies have been allocating interest generated by frozen Russian assets to aid Ukraine, but this will be insufficient if the Russian war in Ukraine continues. Ukraine will require approximately $65B in annual funding by 2027. The only viable option…
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The European Parliament aims to accelerate the phase-out of Russian oil and gas, but not Turkey.
The European Parliament’s Industry Committee is working on amendments to the RePowerEU plan that would hasten a complete break from Russian energy sources. Specifically, new Russian gas imports are expected to be banned starting in early 2026, with existing short-term…
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Ukraine needs to increase its gas imports following Russia’s largest attack on gas production facilities.
Deputy Energy Minister Artem Nekrasov stated that the Ministry of Energy is requesting international partners who are able to provide additional gas, as Ukraine has lost a portion of its production as a result of Russian assaults. Ukraine has already notified G7+…
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Harvest indicators in Ukraine are currently 16% below those of last year.
As of the end of last week, Ukrainian farmers had collected over 31.5 million tons of grain and leguminous crops, according to the Ministry of Economy. This figure is 16% lower compared to the same period last year. Specifically, 22.5 million tons of wheat were…
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Denmark is supporting economic recovery efforts in the Mykolaiv region.
In 2025, Denmark launched its largest aid program for another country – the Ukraine Transition Support Program (UTP), with a budget of DKK 2.8B (€375M). Approximately 60% of this – DKK 1.68B or over €225M – is directly allocated to Mykolaiv and its surrounding…
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In the Ivano-Frankivsk region, a portion of an industrial park with infrastructure in place is available for purchase at $3.8M.
A portion of the Kalush Industrial Hub in the Ivano-Frankivsk region is for sale, comprising 29,660 square meters of production space, a 6,870-square-meter administrative building, and land plots totaling 9.36 hectares. The site has access to critical utilities including…
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