Category: 9. Business

After the opening of Ukraine’s land market, 567,322 hectares of agricultural land were sold. In total, 253,416 land plots were sold at an average price of ₴41,000 ($1,007 at the current exchange rate) per hectare. During this time, land in the Poltava region had the greatest demand: 60,360… Continue Reading

US President Joe Biden will meet with Ukrainian President Volodymyr Zelenskyy on the sidelines of the NATO summit in Washington to discuss further support of Ukraine, the White House announced. “If Putin thinks that he can survive a coalition of countries that support Ukraine, then he is… Continue Reading

NATO Secretary General Jens Stoltenberg hopes that Ukraine will join the defense alliance within the next decade. “I hope that Ukraine will become an ally,” said Stoltenberg, who is leaving the position of secretary general in the fall, when asked about the Alliance’s potential expansion… Continue Reading

Hungarian Prime Minister Viktor Orbán met with the Russian president to discuss the Russian war against Ukraine and its “peaceful settlement.” Moscow said that Orbán came not only as a partner but as a representative of the country presiding over the EU Council. The head of the European… Continue Reading

Ukraine received short-range Mistral anti-aircraft missile systems and missiles for them from Estonia. The Mistral is a modern anti-aircraft missile defense system designed in France to defend against helicopters and aircraft. At the same time, Germany confirmed the arrival of the third Patriot… Continue Reading

As noted by the National Bank, June’s dynamics were caused by the NBU’s currency interventions to cover the market’s currency deficit and smooth out exchange rate fluctuations and the country’s debt payments in foreign currency. However, the latter was partially compensated for with… Continue Reading

According to a joint statement from the three heads of foreign affairs, the countries plan to increase the capacity of the Trans-Balkan gas route as part of the vertical gas corridor, including developing projects to produce green hydrogen using renewable sources. The ministers noted that… Continue Reading

By continuously attacking Ukraine’s energy sector for two years, Russia has inadvertently accelerated the country’s transition to ecologically friendly energy sources. Due to Russian airstrikes, Ukraine has lost approximately nine of the 18 GW of energy production capacity that will be… Continue Reading

Three new industrial parks will be constructed in the Volyn, Lviv, and Ivano-Frankivsk regions. Since the beginning of the year, 16 new industrial parks have already been included in the register. This is more than for all of 2023 or 2022. The Kovel Porto industrial park will operate in Volyn… Continue Reading

The Ministry of Agriculture revised the forecast for the future harvest, increasing it from 74 to 77 million tons, of which 56 million tons will be grains and legumes and 21 million tons oil crops, said Taras Vysotskyi. Although this is still 5-7% less than last year’s figure (82.8 million… Continue Reading