Oleksandr Soroka, the founder of the American-Ukrainian venture fund Oppenheimer Acceleration, announced an investment in a Ukrainian company, Scopa Industries. He did not reveal the investment amount, but Ukrainian startups previously received $25,000 from Oppenheimer…
Category: 9. Business
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Zelenskyy announces the imminent start of arms exports.
President Zelenskyy reported that the country will cover its defense industry’s funding gap this year, largely through managed exports of certain Ukrainian weapons. “Thanks to such exports, we will increase the production of drones for the front”, he added.
The…
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German Chancellor: Ukraine’s surrender to Russia is unacceptable.
“A forced peace without freedom would only push the Russian dictator Putin to look for a new goal”, said German Chancellor Friedrich Merz during a parliamentary debate on the 2025 budget in the lower house of the Bundestag in Berlin. He also stressed that Moscow is…
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In addition to Russian oil and gas, the US is insisting that Europe stop importing oil products from Turkey and India, which purchase raw materials from Russia.
US Energy Secretary Chris Wright stated that the EU should fully abandon Russian energy sources, specifically by stopping imports from Turkey and India, which continue to buy Russian oil. He mentioned that Europe should import $250B of American energy resources annually…
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Canada and Britain may access EU defense loans for joint defense investments with Ukraine.
The EU has agreed to negotiate with Canada and the UK to grant them access to the bloc’s €150B defense fund, which is aimed at boosting defense investment. The decision to begin negotiations on access to the SAFE (Security Action for Europe) security assistance…
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Ukraine needs an additional $1B to secure enough gas for winter.
The war-torn country has already stored between 11 and 12 billion cubic meters, covering 80-90% of its winter needs, but to survive its fourth heating season in wartime conditions, Ukraine requires this additional amount for fuel. Over the past two years, Russia has…
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Piraeus Bank predicts corporate lending in the most stable sectors of Ukraine’s economy is set to grow next year.
Serhiy Shcheka, Head of Piraeus Bank’s Central Territorial Department, notes that Ukrainian businesses have shown a gradual improvement in loan demand and an increase in investment loans. “Grant programs and state support, such as 5-7-9%, are playing a key role”,…
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Ukraine will receive $6.35B in grant funding from Switzerland for its reconstruction.
The Ukrainian government has submitted to the Verkhovna Rada an agreement between Ukraine and Switzerland regarding cooperation in the post-war reconstruction process for ratification. The agreement, signed during the Ukraine 2025 Reconstruction Conference in Rome,…
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After the government bond redemption, investors have shown a strong surge of interest in new securities.
On September 16, applications for military and regular government bonds jumped by over 200% compared to the previous auction. Applications for one-year military bonds increased by more than 100% week-over-week, reaching ₴3.5B, the highest demand for this instrument…
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Two factories producing building materials are being sold in the Zhytomyr and Chernihiv regions for $16M.
In Ukraine, two modern factories of the FP-Klinker brand, which specialize in manufacturing clinker and facing bricks, as well as two NF ceramic block plants used in constructing high-rise buildings, public, and industrial facilities, are available for sale at the same…
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