Category: 9. Business
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What are the operational threats for Ukraine’s metallurgical sector?
Metallurgical enterprises in Ukraine are currently faced with three primary risks: the possible loss of coking coal production in Pokrovsk, problems with electricity supplies, and the sea corridor ceasing operations due to shelling. As stated by President of Ukrmetallurgprom Oleksandr Kalenkov,… Continue Reading
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CRH finally acquires a cement producer in Ukraine for €100M.
International manufacturer of building materials CRH has officially completed a deal to purchase the assets of Dyckerhoff in Ukraine from Buzzi, an Italian company. The Dyckerhoff group’s total revenue in Ukraine for 2023 amounted to €85.6M. The amount of the deal, which took over a year to… Continue Reading
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The 2023 harvest brought 200% more profit to Ukrainian companies.
According to Agrohub, the actual EBITDA for the main crops in 2023 is $129 per hectare, while the forecasted values at the beginning of the year were not so optimistic – $94 per hectare. As well, compared to 2022 the companies’ income increased by 200% – when the actual EBITDA was… Continue Reading
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In Ukraine, visitors to shopping malls are increasing and new facilities are opening.
In the first half of the year, the average number of visitors to shopping malls in Ukraine increased by 4% compared to last year. According to UTG, the number of visitors to shopping and entertainment centers was 380 per 1,000 square meters, while in 2023 this figure was 367 people. The number… Continue Reading
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Three industrial parks receive over ₴171M in state funding for infrastructure development.
₴171.4M in state funding within the framework of the Made in Ukraine program has been allocated to three industrial parks. The support will go to the Bila Tserkva 2 (Kyiv region), VinIndustry (Vinnytsia) and City of Glass (Kyiv region) industrial parks. The initiator of of the Bila Tserkva… Continue Reading
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NATO will review key priorities for its assistance to Ukraine.
Patrick Turner, NATO’s senior representative in Ukraine, said that despite the indefinite postponement of Ramstein meeting, the heads of the Alliance’s defense ministries will meet this week to discuss their support for Ukraine. “Commitments in key priority areas will be reviewed this… Continue Reading
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A lack of raw materials and long production cycles prevent the West from adapting projectile production to Ukraine’s needs.
Russia’s aggression against Ukraine has caused a noticeable increase in projectile production in Western countries, but due to a lack of raw materials and long production cycles, it still does not meet Ukraine’s needs, notes the FT. Companies also need long-term contracts to raise capital… Continue Reading
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The European Parliament will determine the fate of Ukraine’s €35B loan next week.
The European Parliament’s Trade Committee, supported by an overwhelming majority of votes, to provide financial support to Ukraine through a €35B loan secured by the Russian frozen assets. “This is the EU’s contribution to the G7 initiative to support Ukraine by allocating $50B,” the… Continue Reading
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Domestic investment in Ukrainian enterprises approaches $9.5B.
According to Andriy Bukin, Deputy Chairman of the Board of Pivdenny Bank, 72% of these funds were invested by entrepreneurs, 15% was money from state or local budgets, and bank loans account for only 3%. “The amount of money those Ukrainian enterprises invested in developing intangible assets… Continue Reading
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Europe is not interested in returning Ukrainian refugees to their homeland.
Emigration from Ukraine will continue. According to immigration specialist Andriy Haidutskyi, this is influenced by such factors as: High difference in wages. Salaries in Poland are 300% higher, in Britain – 600%, in Germany – 700%, in the US – 1,100%. Continued support, specifically for… Continue Reading