Due to ongoing significant security risks and substantial defense spending, the ninth review of the current EFF program in 2026 will be considerably more complex. Therefore, a new, longer-term program is more suitable, explained NBU Deputy Chairman Serhiy Nikolaychuk. He…
Category: 9. Business
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Businesses improved their activity assessment, but sentiment remains pessimistic.
The Business Activity Expectations Index increased to 49 in August, up from 48.3 in July and 48.4 in August 2024. Although it remains below the neutral level of 50 points, it indicates some improvement in the outlook across all sectors, the NBU noted. This improvement…
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Ukraine seeks an investor for the Dobra deposit that contains lithium, gold, and seven other minerals.
The Cabinet of Ministers has released a resolution approving the terms of the competitive bid to establish a production sharing agreement at the Dobra deposit in the Kirovohrad region. All product extracted from the project is considered state property until it is shared…
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In the first eight months of 2025, the Ministry of Finance collected only 45% of its budgeted revenue from government bond sales.
According to the ICU, in August the ministry issued UAH 26.4B in hryvnia bonds but only repaid UAH 12.1B. Additionally, in August the ministry raised $390M, surpassing the $280M in repayments in the same currency last month. No euro-denominated bonds were issued in…
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In August, Ukraine exported a record amount of electricity.
The country’s electricity exports increased by 60% compared to July, reaching 450,000 MWh. Analysts noted that since Ukraine’s power system was integrated into ENTSO-E, this is the highest monthly export figure recorded. The largest shares in the export structure…
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Ukraine’s energy import costs are 40 times higher than its export revenues.
In the first half of the year, Ukraine imported energy resources worth $4.86B, while export revenues were only $0.12B. Compared to the same period in 2024, the cost of imports rose by 14.4%, and export revenue increased by 20.6%. To put it in perspective, in 2021 for…
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Polish WB Group has started producing reconnaissance drones in Ukraine.
The Polish defense company WB Group has begun mass production of FlyEye drones in Ukraine. The new production facilities are located at a plant that has been servicing Polish systems for the Ukrainian military for over ten years. The drone can operate up to 50 kilometers…
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The Russian government has significantly lowered its economic and budget projections.
The Russian Ministry of Economic Development and Trade expected GDP growth of 2.5% this year, but it now forecasts only 1.2%. This represents less than half of their original estimate, and it is even lower the 1.5% growth forecast given by the Russian finance minister…
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Entering the Ukrainian Market: 7 Mistakes You Can Avoid
For investors, Ukraine today feels like a startup: risky, yet full of potential. The boldest players are already entering the market. Before the war, hundreds of companies did so every year. Over the past 27 years, we at EBS have seen dozens of recurring mistakes — and…
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At the SCO Tianjin Summit 2025, Putin voiced concerns about the “threat to Russia’s security from NATO” and accused it of causing the Russian-Ukrainian war.
Kremlin leader Vladimir Putin said at the Shanghai Cooperation Organization (SCO) summit in China that the agreements reached in Alaska with US President Donald Trump “open the way to peace in Ukraine.” Simultaneously, he reiterated the Kremlin’s typical arguments…
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