Category: 9. Business

Belgium will contribute a €1B defense aid package to Ukraine. Prime Minister Bart de Wever specified that the funds will be utilized to purchase weapons and enhance the Ukrainian defense industry, particularly the production of new types of weapons. Belgium will also…

A report from the ICU investment company notes that Ukraine’s real GDP increased by only 2.9% in 2024, significantly below market expectations and their earlier forecasts. Economic growth weakened considerably last year due to a steep decline in the harvest, affecting…

For Ukraine, the predominant negative consequence of the global trade war may be lower volumes of macro-financial assistance from European partners economically weakened by tariffs. In addition, Ukrainian exports will be suppressed by lower global prices for raw…

According to CBR, even amidst high uncertainty with reduced international financing and severely limited Ukrainian budget resources, cement producers and consumers are ready to quickly restore and expand their production capacity, willing to invest to meet the…

On April 11, the State Property Fund will hold an auction for the privatization of the state enterprise Zhytomyr Distillery, with a starting price that exceeds ₴101M. The enterprise is operational and holds all necessary licenses. Between 2022 and 2024, the distillery…

At the end of last week, futures prices for natural gas in Europe dropped sharply by over 10% to €35.2 per MWh, according to the ICE exchange. These are the lowest European gas prices in the past six months. This price drop is primarily due to the tariffs introduced by…

Industries in Ukraine’s mining and metallurgical complex (MMC) contributed 7.2% to Ukraine’s GDP in 2024, up from 5.7% in 2023. The increase in the MMC’s share resulted from a rise in steel (+21.5%) and iron ore (+55.2%) production. The Black Sea corridor’s…

Ukraine has signed a modernized agreement with the European Free Trade Association (EFTA includes Iceland, Liechtenstein, Norway, and Switzerland), which features updated chapters on trade facilitation, sanitary and phytosanitary measures, public procurement, technical…

Significant progress has been made regarding a peace settlement in Ukraine, stated Kirill Dmitriev, the Russian president’s special representative, after a series of meetings in Washington with the administration of US President Donald Trump. He also acknowledged that…

NATO Secretary General Mark Rutte stated that NATO is not engaged in the negotiations to end Russia’s war against Ukraine.

“They are being led by the US along with Ukraine and Russia. We understand that they are progressing slowly, but that is not due to Ukraine;…