Category: 9. Business

The USAID project, Investments for Business Sustainability, concluded a $2M grant agreement with Suziria Group, one of the leaders in the Ukrainian pet product market, to increase its production capacity. The Kharkiv company will invest another $4.5M obtained through loans from Ukrainian banks… Continue Reading

Washington will send $1.7B in military aid to Ukraine, including munitions for air defense systems, artillery, mortars, as well as anti-tank and anti-ship missiles. The package includes $1.5B in funding for long-term contracts through the Ukraine Security Assistance Initiative and $200M in… Continue Reading

Washington will send $1.7B in military aid to Ukraine, including munitions for air defense systems, artillery, mortars, as well as anti-tank and anti-ship missiles. The package includes $1.5B in funding for long-term contracts through the Ukraine Security Assistance Initiative and $200M in… Continue Reading

Ukraine is already working on developing its peace plan, said President Volodymyr Zelenskyy. “Patience, support, and diplomatic pressure are the three factors for a fair end to the war. If the US and EU countries maintain unity, it will be additional pressure on Moscow that will show it has… Continue Reading

Forbes has calculated that the additional demand for currency following the introduction of a large currency liberalization program in May amounted to $322.6M. During the liberalization’s introduction, the NBU estimated the potential impact of service imports to be $100M per month. During the… Continue Reading

Almost all banks expect a further decrease in deposit rates for households and corporations over the next 12 months, according to the results from an NBU survey. In the third quarter, banks expect an increase in deposit volume from both the population and businesses. Bank’s average cost… Continue Reading

Oleksandr Stepura, the founder of Skyeton, which manufactures ACS-3 (Raybird-3) reconnaissance systems, said that Raybird drones began to be manufactured in Slovakia this spring. The Raybird has been in service with Ukraine’s Armed Forces since 2018. The Raybird can stay aloft for 28 hours… Continue Reading

Carsten Linnemann, the general secretary of the opposition German party, the Christian Democratic Union, advocates the need to cancel financial support for Ukrainian refugees who do not work officially. Exceptions may be single parents or people who take care of relatives. According to him,… Continue Reading

The Ministry of Economy announced the launch of beta testing for Pulse, an online platform designed to collect feedback from businesses and interact with the state. It is noted that the platform’s purpose is to create a single digital tool for transparent relations between the state and… Continue Reading

In 2023, the leaders in the Ukrainian processing industry received ₴317.53B in revenue, which is 23% more than a year earlier, with 33% of this income accounted for by companies of the SCM group. It is noted that Zaporizhstal (SCM Group) holds the top spot in the ten leaders, which increased… Continue Reading