Category: 9. Business

The member countries of the Drone Coalition have created a special fund for rapid joint procurement of UAVs for Ukraine. The Netherlands, Britain, Latvia, New Zealand, and Sweden, which joined the coalition on July 10, have pledged to contribute more than €45M to the fund. In particular, the… Continue Reading

The President of Ukraine, Volodymyr Zelenskyy, and the President of Romania, Klaus Iohannis, signed an agreement on security cooperation between the countries. Romania will transfer a Patriot system to Ukraine, support it with the same dynamics it has since the war began in 2022, and facilitate… Continue Reading

Ukrainian Eurobonds holders are still determining the fate of their GDP warrants, the total nominal value of which is $3.2B. On August 1, in addition to the payment for Eurobonds maturing in 2026, Ukraine must pay holders of GDP warrants about $210M. This payment includes the amount that… Continue Reading

As reported by the Ministry of Economy with reference to the National Bank, the volume of direct foreign investment in Ukraine’s economy as of March 31, 2024, amounted to $55.8B. The largest volumes of direct investment are directed to industrial enterprises – 38.9%, and institutions and… Continue Reading

According to Gazda, a Ukrainian construction company, the price of residential objects that will begin construction in the second quarter is set at the level of ₴45-47 per $1. The price per square meter is tied to the exchange rate in the primary housing market. From January 1 to July 1, the… Continue Reading

Ukrainian startups are developing the Getpin online marketing SaaS tool based on AI, which strengthens businesses with physical points of sale in the online space. The startup’s first client in 2019 was Lifecell, later joined by Nova Poshta, Oschadbank, Bank Pekao, WOG, Fora, Lidl,… Continue Reading

US President Joe Biden is convinced that Ukraine can stop the Russian dictator, Putin. He stated this at a solemn event on NATO’s 75th anniversary. “We know that Putin will not stop at Ukraine, but Ukraine can and will stop Putin,” Biden said. Meanwhile, a high-ranking NATO  official is… Continue Reading

NATO member countries will announce that they will provide Ukraine with €40B in funding during the next year at the Alliance summit in Washington, the White House said. As well, NATO also plans to provide constant security assistance to enable Ukraine’s victory. The US fully supports these… Continue Reading

During the NATO Summit in Washington, Ukraine’s allies announced a $1B aid package designed to strengthen Ukraine’s air defense. The US, Germany, and Romania will transfer additional strategic Patriot batteries. The Netherlands and other partners will supply these batteries with the… Continue Reading

said US Defense Secretary Lloyd Austin during the NATO Summit. He also emphasized that the NATO allies will strengthen their cooperation in supporting Ukraine’s defense. “And we are ready to agree on new financial assistance to Ukraine,” added the head of the US Defense Department. At the… Continue Reading