Category: 9. Business

According to Eurostat, from January to May 2025, despite sanctions, the EU imported 2.57 million tons (+1.1% compared to the same period last year) of metallurgical products from Russia, with a cost of €1.06B. Most of these imports are semi-finished products; in five…

President Zelenskyy has signed a decree aimed at reducing bureaucratic procedures and initiating an immediate audit of state expenditures. The president emphasized that he expects concrete results from the Ukrainian government within a month. The main goals are to…

Experts from the British think tank Chatham House noted that the Russian Federation is spending unprecedented amounts on its war against Ukraine, but as a result of sanctions imposed by the West, it is losing the ability to modernize its army. Russia plans to spend 6.3%…

Bakery Food Investment launched a new frozen bakery facility in Khust, Transcarpathian region, with the total investment of ₴400M ($9.5M). BFI acquired the site in September 2024, and by May 2025, they had launched the first of five production lines. Four of these…

After the meeting, Rustem Umerov, the head of the Ukrainian delegation, said that Ukraine had proposed a leaders’ meeting with the involvement of Turkish President Recep Tayyip Erdoğan and US President Donald Trump that will take place by the end of August.

“Only a…

President Zelenskyy approved a bill that increases the influence of the Prosecutor General’s Office over investigations by the National Anti-Corruption Bureau of Ukraine (NABU) and the Specialized Anti-Corruption Prosecutor’s Office (SAPO). He believes that the NABU…

According to the NBU, Ukrainian banks have eased lending standards for households for the fifth consecutive quarter and for businesses for the first time since the third quarter of 2024. In the second quarter, banks generally simplified the terms for providing loans to…

The main buyers of Ukrainian sunflower oil from January to June this year were Spain and Italy, which accounted for 12.88% and 12.18% of exports, respectively, followed by India with an 11.77% share. These countries spent $357M, $337.5M, and $326M on Ukrainian sunflower…

According to ExPro, Ukraine exported 688,000 MWh of electricity during this period, which is 180% higher than the same period in 2024. A total of 37 companies exported electricity. Among these, the share of state-owned companies – Energoatom, Ukrhydroenergo, the Energy…

According to a report by the International Renewable Energy Agency (IRENA), deploying 582 gigawatts of new renewable capacity in 2024 led to significant savings, avoiding fossil fuel costs of about $57B. Notably, 91% of new renewable energy projects last year were more…