The European Bank for Reconstruction and Development (EBRD) continues its backing of Ukraine’s energy security by providing Raiffeisen Bank Ukraine with an unfunded portfolio risk-sharing guarantee, facilitating energy sector investment totaling €100M. Raiffeisen…
Category: 9. Business
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Bulgaria has changed its mind and will not sell reactors to Ukraine.
A few months ago, Bulgaria planned to sell nuclear reactors to Ukraine that would allow it to finalize two power units at the Khmelnytskyi NPP. However, Bulgarian Deputy Prime Minister Atanas Zafirov explained this reversal by emphasizing the importance of developing…
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The EU will soon present its plan to phase out Russian oil and gas imports.
The EU intends to unveil a detailed strategy in May for the elimination of Russian oil and gas imports by 2027, driven by Russia’s full-scale invasion of Ukraine. However, the European Commission has delayed the roadmap’s publication, partly due to uncertainty…
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Budapest expresses concern over sentiment for Ukraine’s full integration into the EU economy prior to its accession to the bloc.
Hungarian Foreign Minister Péter Szijjártó stated that several participants in the EU Council meeting on foreign affairs advocated for opening all chapters of negotiations regarding Ukraine’s accession to the EU this year. Furthermore, the EU Commissioner proposed…
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A bill for further Ukrainian military support and its reconstruction has been introduced in the US Congress.
Democratic Representative Greg Meeks presented this bill, which outlines financial aid for Kyiv’s post-war reconstruction. According to Reuters, the document also seeks to dedicate funds to purchase weapons and military equipment for Ukraine and to implement additional…
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The US plans to lower oil prices with Saudi Arabia’s assistance.
US Energy Secretary Chris Wright stated, “Under Trump’s presidency, we will likely see lower average energy prices in the next four years compared to the previous four years.”
He highlighted that this outcome will be achieved through collaboration with Saudi…
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The Epicentr hypermarket chain is planning to expand its grocery division.
Currently, the Food Market chain within the Epicentr group of companies operates 26 retail outlets.
“Unfortunately, part of the Food Market network was lost in shopping centers that were destroyed due to hostilities,” said Oleh Shkarovsky, Epicentr’s top…
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Last year, a Ukrainian developer put over 500,000 square meters of new retail space into operation.
The total volume of construction work completed in Ukraine in 2024 rose by 15.5% compared to the previous year, reaching ₴204.7B, against a 25% increase in 2023. The non-residential construction sector displayed the highest growth among all segments of the construction…
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Ukrainian startup seeks $5M to establish the first factory for ecological battery production.
SorbiForce, a Ukrainian startup, has developed a technology for producing ecological batteries with a lifespan of up to 6,000 cycles (approximately 30 years). Outside of agricultural waste, the Arizona-based energy storage company claims to have used only carbon, water,…
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Germany is ready to build up a powerful military force in response to the Russian threat and to provide Ukraine with Taurus missiles.
A new coalition agreement was signed in Berlin, allowing unlimited funding for the defense sector and establishing the groundwork for Germany’s evolution into a robust military capability that can deter threats from Russia, even without US involvement. Key elements of…
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