The competition to secure a production sharing agreement is open to Ukrainian and foreign companies, associations of legal entities, and private participants that possess the necessary financial and technical resources, as well as experience in mineral extraction and…
Category: 9. Business
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Drone production in Ukraine has surged: The Ministry of Defense plans to purchase 4.5 million UAVs this year.
The Ukrainian drone industry is experiencing unprecedented growth – from 5,000 units in 2022 the country aims to reach four million units by the end of 2024. In 2025, the Ministry of Defense intends to buy 4.5 million, mostly Ukrainian-produced, drones worth $2.7B….
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Germany establishes a record for its arms exports, with Ukraine receiving the most; Rheinmetall will build the world’s most modern gunpowder plant near Ukraine.
In 2024, Germany approved arms exports totaling €12.83B, the country’s largest amount ever. Ukraine emerged as the top recipient, accounting for €8.15B, or 64%, of all exports. Last year, Ukraine was supplied with 306 armored combat vehicles, 316 missiles and…
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The Ukrainian Parliament is preparing to approve a new initiative to expand the capabilities of industrial parks.
The package of initiatives for developing industrial parks in Ukraine has reached another stage. As of the end of last year, 25 factories are operating or under construction in Ukraine’s industrial parks. Around 180 MW of electrical capacity is available for…
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In Kyiv, gross office space take-up increased by 16% to 82,000 square meters in the first half of the year compared to the same period last year.
According to a study, about 30% of this demand was due to companies being forced to relocate from damaged buildings, which highlights the market’s destabilized nature. However, the main drivers of demand were IT and telecommunications companies. The public sector and…
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Amid ongoing peace negotiations between Ukraine and Russia, the energy conflict is escalating.
On the night of August 27, the enemy targeted energy and gas transportation infrastructure across six Ukrainian regions, including Sumy, Poltava, Donetsk, Chernihiv, Kharkiv, and Zaporizhzhia. In Sumy, a UAV strike damaged key substation equipment; in Poltava,…
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Trump warns of an economic war on Russia if no peace deal is reached and threatens Ukraine well.
US President Donald Trump said that the US may impose sanctions and tariffs not only against Russia, but also against Ukraine, if a peace agreement is not signed. According to the White House chief, President Zelenskyy “is also not innocent” in a situation without…
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This week, Ukrainian and American diplomats will meet in New York to further the peace process.
The US aims to end conflicts in Ukraine, Iran, and Gaza by year’s end. US Special Envoy Steve Witkoff announced plans to meet with Ukrainian representatives in New York, including Andriy Yermak, head of the Presidential Administration, and Rustem Umerov, Secretary of…
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Germany, Belgium, and the US oppose confiscating Russian assets.
German Chancellor Friedrich Merz believes that attempting to access the Russian Central Bank’s assets could impact financial markets. Belgian Prime Minister Bart de Wever agreed with Merz and added “I know that there are governments that dream of confiscating these…
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Lithuania has proposed starting negotiations on Ukraine’s EU accession without Hungary’s participation.
Vilnius sent a letter to EU partners urging European capitals to “take decisive measures” to make Ukraine’s EU bid “real and irreversible”. The letter emphasizes that the moment has come to advance Ukraine’s integration, especially as Russia’s military…
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