Category: 9. Business

Since early 2024, the Kvertus company has been developing EW systems that will operate noiselessly and will be able to plant  AI-enhanced drones. Currently, Russian drones with machine vision are not being mass-produced. However, the company is already preparing to present a new, unique… Continue Reading

The Nestlé company will open its fourth Ukrainian factory in Smoligov, Volyn. While the construction process continues, the company has already hired over 100 workers and has the same number of vacancies. When the new factory opens, the staff will increase to 300 people with further expansion…. Continue Reading

CRH Ukraine announced on the National Securities Commission website its intention to acquire a 99.9775% stake in the authorized capital of Dyckerhoff Cement Ukraine, which owns two cement factories in the Rivne and Mykolaiv regions. Earlier, the Antimonopoly Committee of Ukraine approved the… Continue Reading

A new enterprise, Chornotysiv Terminal, which functions as a new multimodal terminal (dry port), has started work in the Berehiv district of the Zakarpattia region. This terminal is a large logistics hub in the district. The enterprise’s main function is the transshipment of various cargoes,… Continue Reading

As analysts note, due to the abnormal summer heat most farmers expect a drop in crop yields compared to previous years.  A new wave of abnormal weather threatens Ukraine this month. Farmers admit that declines in the planned soybean, sunflower, and corn yields by at least 20% cannot be… Continue Reading

This is a difference of $170M compared to the first half of last year. Experts predict that the decline will continue even under an optimistic scenario, according to industry experts. “The trend of falling volumes continues. In January and June, the lowest figures were recorded during the… Continue Reading

US President Joe Biden said on August 13 that Ukraine’s sudden counter-invasion into Russia “creates a real dilemma” for Putin, and that the US government is in “constant contact” with Kyiv. The head of European diplomacy, Josep Borrell, declared his support for Ukraine’s incursion… Continue Reading

Ukraine’s Armed Forces are continuing the offensive operation in the Kursk region and advanced 1-2 km in different directions on August 14, capturing 100 Russian soldiers, reported the Commander-in-Chief of the Ukrainian Armed Forces, Oleksandr Syrskyi. Ukrainian forces also completed the… Continue Reading

In particular, the issuer’s long-term foreign currency default rating was downgraded from C to RD (restricted default), Fitch Ratings said in a statement. This rating level means that the issuer has not made timely payments. Fitch also downgraded the 2026 $750M Eurobond from level C to D… Continue Reading

In the first six months of the year, solvent banks earned ₴79B in net profit, 17% more than the ₴67.6B profit obtained in the same period last year. Only seven small banks out of 62 solvent financial institutions were unprofitable, with a total loss of ₴171M. The main drivers of… Continue Reading