Category: 9. Business

The Armed Forces of Ukraine report that on the night and morning of July 31, the Russian occupiers launched one of their most massive drone attacks on Ukraine since the start of the full-scale war. The enemy attacked Ukraine with a Kh-59 guided air missile from the airspace over the occupied… Continue Reading

Ukraine has sufficient production capacity to make more than three million drones every year if sufficient funding is in place, Deputy Minister of Industry Anna Gvozdyar said at the Precision Brave1 hackathon. According to her, the state can partially cover these needs, but Ukraine will ask its… Continue Reading

Yegor Perelygin, deputy chairman of the United Mining and Chemical Company board, assessed the prospects of the Vilnohirskyi and Irshanskyi mining plants. In his opinion, the Vilnohorsk Mining and Metallurgical plant has a good outlook until 2030, and development after 2030 is currently being… Continue Reading

The Minister of Environmental Protection, Ruslan Strelets, following the results of a meeting with German Ambassador to Ukraine Martin Jaeger and several investment companies, said: “I heard from investors a real willingness to invest in the development of waste processing infrastructure in… Continue Reading

Restarting the State Customs Service is one of the IMF’s beacons and a priority for Ukrainian businesses and international partners. It is proposed that customs be reformed by restarting the Bureau of Economic Security, and holding a new search for the selection of a director with the… Continue Reading

Iron ore company Ferrexpo, with assets in Ukraine, increased its January-June net profit by almost 100% compared to the same period last year – up to $55.49M; total sales increased by 85%, up to 3.8 million tons. “Thanks to the restoration of access to Ukrainian seaports, we quickly… Continue Reading

Europe has struggled to eliminate its dependence on Russian liquefied natural gas. In July, the Russian Federation almost became the region’s largest supplier after a reduction in supplies from the US following their redirection to Asia. Although the EU makes it difficult for the Russian… Continue Reading

Ukraine will guarantee the transit of oil from companies that are not subject to sanctions and is ready to settle the transit issue with Slovakia in accordance with the Association Agreement with the EU, Deputy Minister of Energy Roman Andarak said. At the end of June, Ukraine introduced… Continue Reading

The Government of Belgium and the United Nations Development Program (UNDP) concluded a €9M financial agreement, which will be directed to repairing Ukraine’s damaged energy infrastructure. Partnership efforts will be focused on solving energy problems in Kyiv, Kharkiv, and Odesa. Through… Continue Reading

During her last visit to Kyiv as the US Special Representative for Ukraine’s Economic Recovery, Penny Pritzker evaluated the concept of Ukraine’s economic recovery and announced five components of its successful implementation. According to her, first, it is necessary to form a list of… Continue Reading