Category: 9. Business

The head of the German Ministry of Defense, Boris Pistorius, is convinced that an additional €4B should be allocated from the budget to support Ukraine this year. About €7B has been allocated this year, and the bulk of those funds have been spent or are tied to contracts, leaving less than… Continue Reading

The Minister of Economy of Ukraine, Yulia Svyrydenko, signed the Financial Agreement between Ukraine and the EU that regulates the receipt of €5.27B in grant aid under the Ukraine Facility over the next four years. “The signing of the agreement on attracting grant support will contribute to… Continue Reading

The Agrarian Investment Fund state enterprise manages 104,000 hectares of state agricultural land. According to the foundation’s chairman, Yaroslav Yaroslavskyi, the fund’s task is to generate budget revenue from the lease and sublease of state agricultural land. Currently, the State… Continue Reading

Hungarian Prime Minister Viktor Orban, who visited Kyiv, Moscow, and Beijing on a a self-proclaimed “peacekeeping mission,” wrote a private letter to EU leadership to provide information concerning his meetings with the presidents of Ukraine and Russia and detailed the Kremlin’s position… Continue Reading

Most Ukrainians (52%) are inclined to believe that the tax policy should correspond to EU taxation, according to survey data from the Razumkov Center. At the same time, 35% of respondents believe this should happen after Ukraine acquires full membership in the EU, and 17%  believe that it… Continue Reading

The new Prime Minister of the UK, Keir Starmer, has promised to increase the country’s defense spending to 2.5% of its economic output. He noted that this would become possible as soon as “resources allow.” Currently, 20 of NATO’s 31 members, including France and Germany, still spend… Continue Reading

In June, the Ministry of Finance raised ₴38.41B and $407.33M from the issuance of domestic government bonds. ₴35.3B of the total volume of OVDP issued in June were military bonds. The refinancing percentage in OVDP for June was 120% for hryvnia OVDP and 134% for dollar OVDP. This means that… Continue Reading

In the first half of the year, Ukrainian enterprises increased the production of cast iron by 22.3% (3.47 million tons), steel by 37% (3.87 million tons) and rolled products by 32.2% (3.14 million tons) compared to the same period last year. However, some of June’s production figures… Continue Reading

Polish recruitment agencies predict that Ukrainian men will gradually move from Poland to countries further west in the EU. Ukrainians with military service obligations, particularly those abroad, have less than a week left to update their data. Citizens must fulfill this obligation to be… Continue Reading

The Fora supermarket chain, operated by Fozzy Group, followed the successful opening of its first location in the Lviv Oblast by immediately opening a supermarket in Mykolaiv and another in Vinnytsia in June. In addition, four updated supermarkets were opened in Kyiv and other regions in June…. Continue Reading