Category: 9. Business

said the head of the Parliamentary Finance Committee, Danylo Hetmantsev. However, he specified that after measures taken by the state, this amount will decrease to ₴420-430B ($10B). At the same time, there are industries, such as trade, where the shadow economy rate is 60-70%. Talking about… Continue Reading

Deputy Minister of Agrarian Policy Taras Vysotskyi stated: “Due to difficult climate conditions, this year’s harvest is somewhat smaller than last year’s. Also, there are no transitional residues from the previous period this year. Therefore, grain exports are estimated at 40 million… Continue Reading

A Turkish company, Atlas Global Energy, plans to build new wind energy facilities in the Zhytomyr region, reported the head of the Zhytomyr OVA, Vitaliy Bunechko. “We are sure that the new wind power plant project will be another example of our fruitful cooperation and will open new… Continue Reading

According to Minister of Digital Transformation Mykhailo Fedorov, companies registered on the Brave1 platform have already received $8M in grants from the state to develop their technological startups. “About 3,000 companies are registered on the Brave1 platform, 99% of which did not exist… Continue Reading

Energy ministers from European countries are discussing the import of Russian natural gas against the backdrop of Ukraine’s suspension of transit beginning December 31. Kyiv and Moscow have stated that they are ready to find a solution in which Azerbaijan can be involved. The final decision… Continue Reading

The Cabinet of Ministers have allowed the State Property Fund (SPFU) to auction the state’s ownership Aeroc, an aerated concrete production enterprise seized in 2022 from Russian Andrey Molchanov. The starting bid for the state’s 100% share of Aerok is ₴965.3M ($23M). The future buyer… Continue Reading

The Polish ASEE Group, part of the Asseco Group, acquired Ukrainian company Askep.net, a leading provider of healthcare software. This is the first M&A deal with a Ukrainian SaaS company since the beginning of the full-scale invasion, highlighting renewed investor interest in the Ukrainian… Continue Reading

The EU’s recent decision to allocate $440M to Ukraine to support its defense industry indicates a sharp turnaround in the bloc’s approach to Russia’s war. One of the EU diplomats noted: “Europe realizes that it cannot produce the weapons that Ukraine needs, and the easiest way to fill… Continue Reading

EU High Representative Josep Borrell noted that Russia’s aggressive war is seen as an existential threat to the EU. Therefore, the determination of joint borrowing to finance Ukrainian military support should be carried out quickly while simultaneously strengthening Europe’s competitiveness… Continue Reading

The IMF, one of Ukraine’s key donors, has made an important decision that will reduce public debt payments for developing countries, including Ukraine. From November, the IMF will reduce its commissions, affecting costs for countries with IMF financing programs. “In difficult global… Continue Reading