Category: 9. Business
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The UK’s new government announces its ongoing support for Ukraine, and Germany approves a 2025 draft budget with less aid for Ukraine.
The King of the United Kingdom, Charles III, delivered a speech about the new Labour Party government’s program, which also mentioned Ukraine. Charles III emphasized London’s “unshakable commitment to NATO” and the need to build a “strong defense.” “My government will continue to… Continue Reading
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The largest shopping mall in Ukraine and Eastern Europe switches to imported electricity to stabilize its operations.
Against the background of the difficult situation with the country’s energy system, the Respublika Park shopping center switched to using imported electricity. Earlier, the Gulliver shopping center made the same decision in order to ensure the facility’s stable operation and support the… Continue Reading
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The EU is investing a record €7B in transport infrastructure, including four Ukrainian projects.
The European Commission selected 134 transport projects that will receive more than €7B in grants from the Connecting Europe Facility (CEF) instrument for strategic infrastructure investment. Among the approved projects, four Ukrainian ones: Integration of Ukraine’s railway system into the… Continue Reading
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Ukraine’s partners allocate hundreds of millions for reconstruction and preparation for the coming winter.
The government of Belgium agreed to provide €150M in financing for Ukrainian reconstruction projects. Part of the funds will be directed to restoring energy and social infrastructure in the Kyiv and Chernihiv regions. In addition, Belgian development agency Enabel will open a representative… Continue Reading
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Russian oligarchs might be offer to provide money for Ukraine’s reconstruction in exchange for the lifting of individual sanctions.
The cost of financing the post-war rebuilding of Ukraine, which exceeds $500B, requires the study of numerous financing mechanisms. Additional funds can be provided by the creation of a new type of direct investment fund, which could unlock tens of billions of dollars from Russian oligarchs who… Continue Reading
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The most expensive privatization projects from the first half of the year: Where have businesses invested?
The State Property Fund of Ukraine published a list of the most expensive lots sold in the first half of 2024. The leader was the Kyiv Experimental Prosthetic and Orthopedic Enterprise, for which 14 participants competed. The starting price of this lot increased by 430% and amounted to ₴165M…. Continue Reading
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Retail trade leaders increased their incomes by almost 23%.
The combined income from the largest companies in the Retail Trade Index last year amounted to ₴457.32B (+23% by 2022). ATB-Market remains the leader in retail trade. ATB received almost 40% of the combined income of all retail companies, earning ₴181.09B and increasing its income by 22%… Continue Reading
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In the next 10 years, Ukraine will continue to suffer from a labor shortage.
According to OLX Robota research, 67% of employers in Ukraine have already faced a personnel crisis, caused by mobilization and the population’s migration abroad. Companies solve the problem differently: 29% increase their motivation package, 28% employ young people, 21% prefer hiring women…. Continue Reading
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Ukrainians will have to live with blackouts for a long time: there is a lack of frequency and money to restore generation.
The Economist notes the difficult situation: “There is too little time left and too few billions of dollars needed to install several hundred small power plants, restore bombed-out facilities, or build wind and solar power plants. Regular blackouts will become commonplace in Ukraine.” For… Continue Reading
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Ukraine is disappointed with the NATO summit results, while the Kremlin threatens to strike EU capitals in response to the placement of American missiles.
According to BILD, the leadership of Ukraine is disappointed that even after the bloody shelling of a children’s hospital in Kyiv, the participants of the NATO summit in Washington did not hand over new offensive weapons to Ukraine and did not allow them to attack targets deep in the… Continue Reading