Category: 9. Business
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Trump plans to ease sanctions against Russia, and Orban calls on the EU to restore relations with Russia and to prepare for the suspension of US aid to Ukraine.
US presidential candidate Donald Trump considers easing sanctions against Russia as one of the components of his plan to end the war in Ukraine. “With sanctions, we push everyone away from us. That’s why I don’t like sanctions,” Trump said. He recalled that he had good relations with… Continue Reading
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The EBRD provides €200M to strengthen Ukraine’s energy security and will help increase the number of Ukrainian projects that are ready to attract foreign investment.
€200M from EBRD will support Naftogaz of Ukraine in creating strategic reserves of natural gas and supporting energy security. The corresponding guarantee agreement was signed by the Minister of Finance of Ukraine, Serhiy Marchenko, and the Managing Director of the EBRD for Ukraine and… Continue Reading
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The G7 agrees to distribute a $50B Ukrainian loan from revenues from frozen Russian assets, and Moscow continues to send new threats.
The G7 members are currently negotiating the allocation of aid to Ukraine following the agreement that the G7 leaders reached in June at the summit in Italy to provide a $50B loan backed by proceeds from frozen Russian assets. The US and the EU are expected to take on $20B each, and Japan,… Continue Reading
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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