Category: 9. Business

As Welt writes, the Russian economy has proven that it can perform better than expected despite economic sanctions, but its current growth stems from the military industry. Economists predict Russia will have to maintain military production even if the war ends. Otherwise, the country will face… Continue Reading

This summer, European traders have contracted only a small portion of Ukrainian gas storage capacity following Russian attacks. The FT notes that increased risk and a lack of price incentives have reduced the Ukrainian facilities’ attractiveness. According to Argus, in June and July European… Continue Reading

Scientists presented research on the development of investment projects in Ukraine: To achieve the goals of the Development of hydrogen energy in Ukraine project, a total investment of €32.882B will be necessary. The average annual contribution to GDP will be €5.817B. The Development of… Continue Reading

Ukraine has created a working group that will deal with the development of a mechanism for exporting military equipment from domestic factories. Technological Forces of Ukraine, a MilTech association, proposed several norms to officials for the creation of an arms export policy. The idea is to… Continue Reading

As of June 30, the state and state-guaranteed debt of Ukraine amounted to ₴6.16T ($152.2B), including external debt – ₴4.45T ($109.9B), internal debt – ₴1.71T ($42.2B), the Ministry of Finance said in a statement. In the second quarter, the total volume of state and state-guaranteed… Continue Reading

According to the year’s first half results, as of June the financial institutions with the two largest deposit portfolios were Privatbank (₴490.83B) and Oschadbank (₴201.4B). Also among the leaders are Universal Bank (₴92.13B) and PUMB (₴57.25B), NBU data shows. On the other hand, the… Continue Reading

According to the KSE, Ukrainian manufacturers can potentially produce 90% of the building materials needed to rebuild the country. About $65B will be needed for these building materials. Currently, the size of foreign and Ukrainian investments in this industry’s development is estimated at… Continue Reading

Since the beginning of the full-scale war, foreigners from 101 countries have opened 3,075 companies in Ukraine. Most often, citizens of Turkey opened businesses in Ukraine – 396 companies or 12.9% of the total. This is followed by citizens of Uzbekistan – 312 businesses (10.1%) and… Continue Reading

Since July 2024, when the new marketing season began, Ukraine exported 4.96 million tons of grain, which is 58.9% more than in the same period last year (3.12 million tons). This includes 1.26 million tons of grain exported in August, 48.5% more than in August last year (848,000 tons). In… Continue Reading

The number of new vacancies in the employment market during July practically did not change and remained at about 90% of the average level in 2021, according to data from the Center for Economic Strategy. As well, the activity of job seekers remains at a consistently low level, which is lower… Continue Reading