Category: 9. Business

After the tragedy that shook the world, more than 320,000 people from 55 countries and around 50 companies have donated to the needs of the hospital and to support its patients, including Piraeus Bank Ukraine, which contributed UAH 1,000,000 to the Tabletochki charity fund. The donations will… Continue Reading

Ukraine’s Foreign Minister Dmytro Kuleba has embarked on his first trip to China since the Russian invasion in 2022. China has served as an economic lifeline for the Kremlin since its invasion began. China is seen as one of Russia’s major backers in the wake of the 2022 invasion, although… Continue Reading

The EU has presented member states with two options to freeze Russian Central Bank assets for extended periods. It seeks to assuage US concerns over a G7 plan to leverage the profits from these assets in order to provide Ukraine with $50B in aid. The two options are an open-ended immobilization… Continue Reading

Prime Minister Denys Shmyhal announced that the Cabinet of Ministers plans to present a prepared list of public investment projects for 2025 to its partners in September. “Thus, in conditions of limited financial resources, we will effectively allocate funds to obtain the best result for the… Continue Reading

Ukraine climbed to 13th place in the ranking of the largest iron-producing countries and 21st place in the list of the largest steel producers. In the first half of the year, Ukraine produced 3.47 million tons of pig iron, 22.25% more compared to January-June 2023. Steel production in Ukraine… Continue Reading

The EU will allocate €42.95M to Ukrainian Railways (UZ) to improve the country’s railway network and begin the transition to 1,435 mm track to ensure infrastructure compatibility and increase the railway infrastructure’s capacity. The project’s total budget is €85.91M, of which the EU… Continue Reading

The government of Ukraine and the EIB are working diligently to prepare new agreements for a €250M support package. “The EIB systematically supports Ukraine in priority area and continues to work on expanding our partnership. The volume of EIB initiatives in the public sector is 26 projects… Continue Reading

The American Boeing Corporation and the Ukrainian company, Antonov, signed a preliminary joint work agreement for the production of unmanned systems to support Ukraine’s defense industry. The memorandum covers training, logistical support, and the maintenance of drones such as Boeing’s… Continue Reading

The Ministry of Economy agreed to cooperate with Ukreximbank through the State Stimulation of the Creation of Industrial Parks program. Oschadbank and Ukrgazbank plan to join the program soon. The program allows owners of industrial parks and management companies to apply for state incentives… Continue Reading

The State Property Fund (SPFU) presented its Great Privatization – 2024 project and named the first five objects to be auctioned. First is the 4-star hotel Ukraine in the center of Kyiv with a starting price of ₴1.05B; the auction is scheduled for September 18. The second is UMCC, Ukraine’s… Continue Reading