Category: 9. Business

In January-June, these enterprises recorded a positive pre-tax profit of ₴428.8B, down from ₴491.2B during the same period last year, reported the State Statistics Service. Profit compared to last year’s January-June fell by 10.3%, reaching ₴555.7B, while losses…

According to the National Bank of Ukraine, Ukrainian exports of IT services in July 2025 surpassed May’s figures by $10M and June’s by $29M, reaching $555M. This amount also exceeds the July 2024 figure of $545M. The highest IT export figure this year was in April at…

On August 28, Russia launched a large-scale attack on Kyiv, deploying 598 UAVs and 31 missiles that damaged residential buildings and infrastructure across the capital. Twenty-two people, including four children, were killed, and dozens wounded. President Zelenskyy…

The Kuibyshev refinery in Russia’s Samara region near the Volga River and the Afipsky refinery in the southern Krasnodar region were successfully struck by the Ukrainian Armed Forces. On the night of August 28, Ukrainian UAVs again hit two Russian refineries –…

German Chancellor Friedrich Merz described Russia as the biggest threat to European peace and emphasized the need to bolster his country’s armed forces. Merz highlighted that the Russian threat includes hybrid tactics such as sabotage, cyberattacks, and disinformation….

In the first half of 2025, Russia’s military spending reached ₽8.48T ($106B), marking an all-time record for the war, according to the German Institute for International Security. Compared to the same period last year, military and weapons production spending rose by…

A meeting between President Zelenskyy and Russian President Vladimir Putin is unlikely to occur, according to German Chancellor Friedrich Merz, despite earlier suggestions by US President Donald Trump. The White House had previously stated that it believed Putin agreed…

EU foreign ministers plan to discuss the use of the so-called anti-circumvention tool, adopted in 2023 but not yet implemented. This tool can ban the export, supply, or transfer of certain goods to third countries that facilitate evasion of Russian sanctions….

Many European companies are already eyeing the opportunities that could open for them in Ukraine when the war ends. The Ukrainian government and multilateral institutions estimate the total bill for reconstruction and recovery at $524B over the next decade. The Ukrainian…

Ukraine aims to attract financing from the German development bank KfW for new initiatives, importing natural gas purchases, and supporting government programs that enhance household energy independence. Main topics of an online meeting between Deputy Minister of Energy…