Category: 9. Business

Co-founder of defense startup Helsing, Gundbert Scherf, noted that Ukraine has strong capabilities in drone manufacturing and is rapidly improving designs and technology. Initially, the war-torn country primarily focused on FPV drones, but now it is also advancing…

The Verkhovna Rada of Ukraine appointed Yulia Svyrydenko as the new Prime Minister. The Minister of Digital Transformation, Mykhailo Fedorov, became the First Deputy Prime Minister and Denys Shmyhal was appointed Minister of Defense. The department will also oversee…

According to a KPMG study, Ukraine’s M&A market showed positive trends in the first half of the year. The revival of domestic deals and strategic acquisitions both domestically and abroad contributed to a 26% increase in the number of transactions and a 21% rise in…

Piraeus Bank holds leading positions among providers of custodial services, professional custody of assets with clear mechanisms for control, reporting, and transparency for leaders in the non-state pension segment. Piraeus Bank’s share in servicing the 10 leading…

Before the new seven-year EU budget for 2028-2034 is adopted, the EU will not be able to fully cover Ukraine’s financial needs on its own, so it is negotiating with partners on how to split aid costs, said EU Commissioner for Enlargement Marta Kos, commenting on the…

Ukraine’s nominal GDP in the first quarter of 2025 was ₴1.9T, according to the State Statistics Service. Meanwhile, real GDP growth by the first quarter of 2024 reached 0.9%. At the same time, financial company ICU has lowered its GDP growth forecast for 2025.

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The US has just begun negotiations with allies to determine what can be sent to Ukraine and who will supply it. The German government refuted US President Donald Trump’s claim that the first Patriot missiles or air defense systems have already been sent to Ukraine from…

Head of Ukraine’s Presidential Office Andriy Yermak stated that US President Donald Trump can end the Ukraine conflict by the end of 2025 if he enforces strict sanctions on buyers of Russian energy resources. These secondary sanctions could pressure China and India –…

Plans also include constructing a multimodal terminal for bulk cargo and a base for petroleum products, featuring a mixing plant for adding bioethanol to gasoline in Transcarpathia. According to the project’s plans, a terminal for transshipment of light petroleum…

Entrepreneurs from the Kharkiv region announced during a telethon that after the massive shelling and loss of enterprises in the Kharkiv region, they plan to create the first underground industrial park in Ukraine. The director of a bicycle manufacturing company, Andriy…