As part of the total abandonment of Russian energy sources, the EU will also consider implementing stricter requirements for importers. The latest draft of a negotiation proposal includes new rules for gas suppliers. According to the draft, for natural gas imports…
Category: 9. Business
-

“Modi’s War”: India boosts Russian oil imports despite tariffs and US criticism.
White House Trade Adviser Peter Navarro has accused India of funding Russia’s war against Ukraine through its Russian oil purchases, calling it “Modi’s War.” Indian refineries are preparing to increase their Russian oil intake by 10-20% in September compared to…
Continue Reading
-

Nineteen EU countries have requested €150B in SAFE defense loans, many of which will be used to support the Ukrainian defense industry.
European Commission President Ursula von der Leyen stated: “SAFE provides the capabilities that Europe needs most. These are joint procurements, including air and missile defense, cyber defense – and of course drones. I am very pleased that 19 Member States,…
Continue Reading
-

Ukraine is enhancing its military technology edge through growth in the defense industry and government backing.
Defense Minister Denys Shmyhal noted that Ukraine’s defense capabilities have increased 35-fold over the past three years, with approximately 900 enterprises and more than 1,000 innovative teams now active. He emphasized that Ukraine is developing a technological…
Continue Reading
-

Ukraine’s non-bank financial sector is showing growth in key market segments.
In the second quarter of 2025, non-bank financial service providers’ total assets decreased by 11.7% compared to the previous quarter due to the voluntary license surrender by a large state-owned leasing company, but assets increased by 1.8% year-on-year….
Continue Reading
-

The Ukrainian government has sold the Titanium Institute at auction for ₴30.4M.
Novobudenergo from Western Ukraine was the only participant in the auction. The company’s debt, which exceeded ₴72M, was added to the winning bid. This was the third attempt to sell the facility, and the sale price was one-third of the initial offer. The buyer,…
Continue Reading
-

Ukraine’s largest dollar store chain is changing its expansion strategy.
In 2025, the Aurora chain will open one new store every 30 hours, compared to last year’s rate of 14 hours, said co-founder Taras Panasenko. According to him, Ukraine’s biggest dollar store retailer has shifted its approach and started opening larger stores, but in…
Continue Reading
-

Ukraine is increasing its sales of frozen vegetables but sugar exports decline.
In the first seven months of 2025, the value of Ukrainian frozen vegetable exports rose to $6.1M. The exports mainly go to Germany, Israel, Belgium, Italy, Poland, France, and Romania. The export structure primarily consists of products including frozen carrots, beets,…
Continue Reading
-

The government will reimburse farmers for 25% of their investments in farm construction and has expanded the list of domestic equipment eligible for a 15% subsidy.
According to the Ministry of Economy, Ukrainian farmers can now receive reimbursement for costs related to building or restructuring farms under the Financial Support for Agricultural Producers program. Specifically, farmers will be compensated for up to 25% of expenses…
Continue Reading
-

Following the latest deadly Russian attack on Kyiv, the US is increasing its support by selling 3,350 ERAM missiles and equipment for Patriot systems.
The US State Department has approved the sale of $825M worth of aviation ammunition and related equipment to Ukraine. These include ERAM missiles, with a longer range, and GPS/INS EGI systems for precise navigation. Denmark, the Netherlands, Norway, and US foreign…
Continue Reading
