In the Ternopil region’s Zbarazh community, Favor has begun operating a plant that produces tin containers used in the food and chemical sectors, having relocated from the Sumy region. It took roughly eight months from signing the lease for the land to completing the…
Category: 9. Business
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The European Commission is nearing a decision on how to utilize Russian assets.
It has formally suggested to European capitals that frozen Russian assets be used to fund a new €140B loan for Ukraine. The EC recommends issuing the loan in installments, primarily for “defense cooperation” and Kyiv’s other budget needs.
Additionally, it
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New housing prices in Kyiv are expected to rise another 10-15% by the year’s end.
According to real estate experts, a drop in supply and steady demand are driving ongoing price increases in new buildings. It is estimated that by the end of the year about 12,000-14,000 new apartments will be available, which is 15-20% fewer than last year.
In the first…
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Trump supports Ukraine’s plans to strike Russian energy sites and pressure the Kremlin into negotiations.
According to President Zelenskyy, US President Donald Trump supports Ukraine attacking Russian targets such as energy infrastructure and weapons production facilities. He added that if Ukraine gets more long-range weapons from the US, “we will use them”, emphasizing…
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US Vice President JD Vance has warned Russia of the consequences of refusing to negotiate peace with Ukraine.
He also said that US President Donald Trump is frustrated by the Russians’ reluctance to end the war. “I think the president is becoming incredibly impatient with the Russians right now because he doesn’t feel like they’re doing enough to end the war. Second, the…
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For the second time in a week, drones have caused multiple airport closures in Denmark, while the US intercepts Russian aircraft near Alaska.
On September 25, Aalborg airport closed overnight after drones were detected in its airspace. The Danish military uses the airport as a military base. This marks the second incident this week, with reports of drones near airports in Esbjerg, Sønderborg, and Skridstrup…
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Kyiv and Brussels are increasing their technical cooperation programs to nearly €388M, with the EU Council set to approve a new trade agreement with Ukraine soon.
This week, Ukraine agreed to sign two more agreements with the European Commission under two programs. The first extends the 2018 Technical Cooperation Program deadlines to July 2026 and 2028, enabling the completion of projects tied to the EU-Ukraine Association…
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Kyiv may receive €130B from the EU through a reparation loan mechanism.
The loan, backed by Russian assets, could amount to a total of €130B. The EU has frozen roughly €210B in Russian assets, mostly held in Belgium’s Euroclear depository. Investments comprising €175B in Russian assets have matured and been converted into cash, which…
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The Ukrainian government expects GDP growth to be only 2%, but the EBRD has issued a more optimistic forecast.
Ukraine’s real GDP growth in 2025 is projected to be 2%, down from 2.7% in the previous forecast, according to Economy Minister Oleksiy Sobolev. The main sectors expected to drive continued growth include industry, manufacturing, energy, and agriculture.
Meanwhile, the…
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One of Ukraine’s regions holds 20% of the world’s titanium reserves.
According to Vitaliy Bunechko, head of the Zhytomyr Regional Military Administration, the Zhytomyr region contains over 80% of Ukraine’s explored titanium reserves, or about 20% of global reserves. These reserves form the basis for the development of the defense…
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