From January to June 2025, Ukrgasbank financed over 90 energy projects for small, medium, and corporate businesses, totaling nearly ₴5.5B ($130M). The main areas of support included the construction of solar and wind power plants, the implementation of gas-piston and…
Category: 9. Business
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Ukrainian billionaires lost a UK court case over a $1.9B bank fraud.
The case involves Ukrainian oligarchs who lost a London court decision related to a scam that drained billions from state-owned Privatbank PJSC. In 2017, the bank sued former billionaires Igor Kolomoisky and Gennady Bogolyubov, accusing them of funneling $1.9 billion…
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Ukrainian venture fund F1V has written off ten percent of its startups but continues to invest.
The level of startup write-offs in the Flyer One Ventures (F1V) portfolio is 10%, said the fund’s co-founder, Oleksiy Yermolenko. He added that since 2018, F1V has invested nearly $45M in over 90 startups.
Among these companies is Elision, which developed a platform…
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Dragon Capital analysts have lowered their 2025 GDP growth forecast for Ukraine to 2%, but a ceasefire could boost it to 5%.
Dragon Capital analysts predict that in the baseline scenario, which assumes a continuation of the war, real GDP growth in 2025 will slow to 2% compared to 0.9% in the first quarter due to the exhaustion of previous growth drivers and the loss of production capacity.
In…
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The Cabinet of Ministers plans to attract about $39B in external financing this year.
Prime Minister of Ukraine Yulia Svyrydenko said: “We plan, as a government, to attract $39B in external financing. This is only for 2025. And of course, we are working with partners to obtain additional financing and have confidence in 2026.”
According to her, the…
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In Western Ukraine, an agricultural holding has opened a new processing plant and aims to enter export markets.
Agroprodservis has launched a new vegetable processing facility in the Velyko Berezovytska community (Ternopil region). The Babusi Marusi food factory will produce canned vegetables, pickles, and semi-finished products from vacuum-packed vegetables.
The enterprise…
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Due to the reform of the eOselya program, the number of mortgage loans issued this year is 37% below last year’s figures.
According to the NBU, Ukrainian banks issued 599 mortgage loans in May for a total of ₴1.09B, which is one of the highest monthly totals since the start of the year and 31% more than in April, but 37% less than in May last year.
Twelve out of thirty-nine surveyed banks…
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New retail space: Construction of multifunctional shopping malls begins in Western Ukraine.
Construction of the Kvartal City shopping and entertainment center has begun in Lviv, with an opening planned for the fourth quarter of 2027. The shopping center will be located on the northwestern outskirts of Lviv, next to the M10 international highway connecting the…
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Around 20 countries are expected to obtain SAFE loans in order to support Ukraine’s defense industry.
European Commission spokesman Thomas Rainier said that nine EU member states have already submitted official loan applications to further invest in defense production, particularly in Ukraine, under the SAFE (Security Action for Europe) program. These countries include…
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Trump is serious this time: Russia has 10 days left to reach a truce.
US President Donald Trump said he would give Russia 10 more days, beginning yesterday, to reach a truce with Ukraine, formally announcing a new deadline intended to put pressure on Putin to end the war. “10 days from today,” Trump told reporters aboard Air Force One…
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