Category: 9. Business

Ukraine’s seven-month turnover amounted to $61.7B (+$9B). Imports to Ukraine increased to $39.1B (+$5.9B for July). Exports from Ukraine are up to $22.6B (+$3.1B). The countries with the most imported Ukrainian goods: China – $7.7B, Poland – $4B and Germany – $3.1B. Ukraine exported the… Continue Reading

Business conditions in other regions of Ukraine are assessed by companies as difficult, and only in the Western region do most entrepreneurs consider them satisfactory, according to a survey by the European Business Association. Compared to last year, the situational assessment in Lviv (2.62… Continue Reading

In a message from the Ministry of Defense of Russia, it was noted that units of the Pivnich operational strategic group, together with the FSB, continue to oppose the Ukrainian military in the Sudzha and Korenevsky districts. They also claim that reinforcement units and Russian military… Continue Reading

Bloomberg writes, “Putin’s invasion of Ukraine led to Ukrainian intervention in the Russian Federation,” which confused the Kremlin. The border breach in the Kursk region caught the Russian military by surprise. For the first time since World War II, a foreign country’s army has invaded… Continue Reading

Several US defense companies are considering starting joint production with Ukrainian enterprises inside Ukraine. The Pentagon is actively encouraging US defense contractors to engage in this cooperation, but these companies have been much slower to conclude agreements with Ukraine than… Continue Reading

In the final statement regarding the results of ministerial consultations, the countries call on the Russian Federation to “immediately, completely and unconditionally” withdraw its troops from Ukraine and emphasized the need for Russia to compensate Ukraine for the damage it caused in the… Continue Reading

The NBU will allow exchange rate fluctuations that will make it possible to maintain control over inflation expectations and achieve the 5% inflation target, said National Bank Chairman Andriy Pishnyi. The regulator aims to keep inflation at a moderate level in 2024 and bring it back closer to… Continue Reading

Since the beginning of June, banks have received 1,356 loan applications for energy infrastructure restoration projects totaling ₴40.1B. The NBU confirmed the approval of applications totaling ₴3.97B ($100M), of which recipients have already used ₴607M. The total financed capacity is 50.4… Continue Reading

According to Reuters, there is a risk that Gazprom could use the fighting near the Sudzha gas station, through which Russian gas transits through Ukraine to EU countries, as a reason to stop gas supplies. As a result, Russia could lose about $4.5B in annual income. Although the EU is aware of… Continue Reading

Russia and China are discussing barter trade agreements that will help bypass the US-controlled SWIFT international banking system and limit currency risks; the first such transaction could take place this fall. Although workarounds have emerged, such as the use of small regional Chinese banks… Continue Reading