On the night of August 21, the Russian army deployed a record number of air attack vehicles into Ukraine: 574 drones and 40 missiles, many of which were shot down by Ukraine’s air defense forces. In the massive attack, civilian infrastructure, residential buildings,…
Category: 9. Business
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Ukraine continues its attacks on enemy refineries, causing a fuel crisis in Russia.
On the night of August 21, Ukraine’s Armed Forces targeted infrastructure and production facilities at the Novoshakhtinsky Oil Products Plant in Russia’s Rostov region. This marks the ninth refinery hit by Ukraine in August. Ukraine performed a strike near the fuel…
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The Kremlin has started to set conditions for Putin’s meeting with Zelenskyy.
According to Russian Foreign Minister Sergei Lavrov, Putin is willing to meet President Zelenskyy if “all issues requiring discussion at the highest level are thoroughly resolved.” “Russia supports the principles of security guarantees agreed upon in Istanbul in 2022;…
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Russia does not plan to cut military spending: the Kremlin has invested too much in weapons production to return to peace now.
Russia is preparing to raise taxes and cut spending, but military spending in the 2026 budget will stay at a record high. According to Reuters, the 2025 budget allocates 8% of GDP to defense and security, but the actual figure will be higher. No reduction in military…
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Italy proposes security guarantees for Ukraine in a “light” form of NATO’s Article 5.
European leaders are discussing security guarantees for Ukraine, which would require Kyiv’s allies to act within 24 hours to provide support if Russia were to launch another attack following an eventual peace agreement. This idea is being promoted by Italian Prime…
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Ukraine launches Defence City: Parliament has approved laws for developing the defense industry.
The Ukrainian Parliament has passed laws in the second reading to form the foundation of the Defence City initiative – a state program to support Ukraine’s defense-industrial sector. These documents include provisions to create a Register of Defence City residents,…
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A cheese factory and a pipe factory are for sale in Ukraine.
The Myrhorod Cheese Factory, a dairy production plant, is listed for sale at $2M. The facility is located in the city of Myrhorod in Poltava region. On an area of 25,000 square meters, there are production workshops, warehouses, 8,000 square meters of refrigerated…
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Investors will commit $110M to the first French fry factory to supply products for McDonald’s in Ukraine.
Potato Agro has begun construction of Ukraine’s first French fry factory in the Biosense industrial park (Cherkasy region). Total investment in the factory will amount to $110M with a payback period of seven years. In early 2026, Potato Agro will launch the first stage…
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Transcarpathia is preparing investment projects for Swedish and Japanese partners.
Leaders in the Transcarpathian region held an online meeting with representatives of the Swedish state financial institution, Swedfund, which invests in the private sector and provides grant support and consultation during the preparation of feasibility studies for…
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An aerated concrete plant has resumed operations in the Kyiv region after a three-year hiatus.
The Aeroc aerated concrete block plant in Berezan (Kyiv region), now under the Poriston brand, restarted its operations, reported BGV Group Management. It is noted that the plant had been inactive for three years due to the war. After Russia launched the full-scale…
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