Category: 9. Business
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How will the collapse of European, Asian, and US stock markets affect Ukraine?
The value of shares in leading US and European companies and businesses is rapidly decreasing. First, the reduction concerns assets with a high level of risk. For Ukraine, these events in the financial markets may have delayed consequences in the form of an increase in the value of foreign… Continue Reading
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In the seven full months of this year, cargo transshipment in Ukrainian ports almost reached 2023’s total amount.
Ukrainian seaports processed 59.9 million tons of cargo in January-July, almost equaling the total figure for last year (approximately 62 million tons). During this time, the ports increased cargo turnover by 74.1% compared to the corresponding period in 2023. In July, the ports increased cargo… Continue Reading
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What prevents foreign companies from investing in Ukrainian industrial parks?
Almost all investors interested in locating production facilities in industrial parks are Ukrainian companies. The share of Ukrainian investors in the total industrial park investment structure is almost 90%. For reasons including high military risks and a lack of effective insurance… Continue Reading
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In July, Ukraine exported products worth almost $3B; the largest amount was shipped to the EU.
In July, Ukraine sold $2.97B worth of products abroad, 9% more than in June. In metallurgy, records were set in the form of 219,000 tons of semi-finished iron products, which is 83% more than in June and is the best indicator since the war began, said Trade Representative of Ukraine Taras… Continue Reading
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The land market has become more active in Ukraine; how have prices for agricultural land changed?
There were 27,300 purchase agreements for Ukrainian agricultural land in the second quarter of the year, with a total area of 60,800 hectares (+6.3% and +3.3%, respectively, compared to the first quarter), according to a KSE study. Experts noted that the main factor behind the second… Continue Reading
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Ukraine’s labor market is stagnating, forcing companies in several sectors to plan layoffs.
Most employers in the main economic sectors do not plan to increase vacancies dramatically and lay off workers. However, some companies are going to adjust their personnel. They plan to fire employees more often than hire them, according to a survey by the NBU. In the service sector, 77% of… Continue Reading
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The capital of Transcarpathia has become the housing construction leader among Ukrainian cities.
Uzhhorod is currently the leader among Ukrainian cities in housing construction, followed by Ivano-Frankivsk and Lviv. Bucha and Irpin in the Kyiv region round out the top five cities, said the President of the Association of Real Estate Experts, Olena Haydamaha. Kyiv has dropped out of the… Continue Reading
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How is Brussels preparing for the possibility of a Trump victory in the US presidential elections?
The European Commission has formed a dedicated group of officials to develop a strategy to respond to the consequences of the US presidential election, writes the FT. The EC is preparing for Donald Trump’s possible return to the White House and determining what impact Kamala Harris’… Continue Reading
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A British oil giant declares the end of Europe’s energy crisis; Azerbaijan is gradually replacing Russia in the gas market.
Shell CEO Wael Savan believes that the energy crisis in Europe is finally over. Savan says that this quarter market prices and volatility are returning to the levels seen before the full-scale Russian invasion of Ukraine in February 2022. Gas, crude oil, and electricity prices have decreased… Continue Reading
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The US and its partners continue to support the reconstruction of the Ukrainian energy industry as winter looms; the import of electricity will cost Ukraine more than $1B.
US Ambassador to Ukraine Bridget Brink said that USAID purchased 18 autotransformers for the Ukrainian power grid. The US is also supporting Ukraine’s intention to resume the construction of additional nuclear power reactors in the medium term. “The US is supporting us in the completion of… Continue Reading