Category: 9. Business

State-owned Oschadbank will lend $10.9M to the Wind Farm Nyzhni Vorota-7 company to build a wind farm with two turbines totaling 10.4 MW in generating capacity in the Mukachevo district (Transcarpathia). The agreement is for eight years and utilizes $4M from the EBRD…

The Ministry of Development and Trade is establishing a tender commission to attract investment to develop the infrastructure of the Chornomorsk Sea Trade Port (Odesa region). The port will make available the first terminal and a container terminal for concession. These…

Representatives from KAB, a social housing market operator in Denmark and represented in Ukraine by Ukrainian Homes for All (UHFA), discussed with the Mykolaiv region’s leadership the possibilities of applying Danish experience to restore the region and attract…

US President Donald Trump stated that he is closely monitoring the situation and has learned “interesting things” about Russia’s war against Ukraine, promising to reveal them soon. He also mentioned that Ukraine and Russia lost 7,313 soldiers over the past week and…

The Russian dictator added that “if common sense prevails”, an optimal solution to end the war could be found. Putin also noted, “especially given the current US administration’s attitude and calls for solutions, there is light at the end of the tunnel….

European nations share a common view: A mix of sanctions and targeted attacks on Russian oil facilities will compel the Kremlin to take a seat at the negotiating table. While assessing the full extent of the damage is difficult, analysts estimate that 15% to 20% of…

NATO Secretary General Mark Rutte stated that he expects clarity at the upcoming summit on September 4, or soon after, regarding the security assurances that Europe can provide Kyiv once Russia’s war in Ukraine concludes. “This means we can engage more deeply,…

The EU may change some of its operational procedures, which could result in Hungary losing its voting rights and access to tens of billions of euros in EU funds. The new German government is pushing for tough measures against Hungary, viewing Hungarian Prime Minister…

Such a split could seriously harm Kyiv at a time when EU accession is seen as a security guarantee, commented the EU politicians. The idea of separating the applications, which were submitted nearly simultaneously at the start of the full-scale Russian invasion and have…

Deputy Chairman of the NBU, Serhiy Nikolaychuk, believes that Ukraine’s domestic debt market still has significant potential to cover the state’s budget deficit but won’t be able to fully meet all of the country’s spending needs. Therefore, Ukraine will continue…