Category: 9. Business

US President Donald Trump plans to use the US’ economic power to achieve results in negotiations with Russia to end its war against Ukraine, said State Department spokeswoman Tammy Bruce. However, analysts note that Russian dictator Vladimir Putin has made it clear…

Ankara does not plan to comply with new EU legislation on a complete cessation of Russian fuel purchases, which could create a loophole that would allow continued Russian gas supplies to Europe. Turkey will not support the European plan to completely phase out Russian…

In July 2025, the average price per hectare of agricultural land in Ukraine was ₴69,628 ($1,678), while in June its value was ₴60,789 ($1,465), reported Opendatabot, an analytical portal. The increase in the per hectare price amounted to $213, or 15%. In July of last…

In August, USP Panels intends to open a sandwich panel production plant in the Formatsia.Lviv industrial park, which has entered the final stage of constructing the first-phase intra-site networks. The premises are 85% complete, and the project, along with site…

The Diamantova Yagoda enterprise has established Ukraine’s first industrial irga (cotoneaster) plantation on 20 hectares in the Kyiv region. Not much is known about this berry in Ukraine, as it is not very common in European countries. It is mainly grown in the…

The Potato Agro company from the Cherkasy region plans to launch a French fry processing plant in early 2026. The facility is currently under construction, and some equipment has already been delivered. The processing capacity will range from 150,000 to 180,000 tons…

Germany’s largest defense contractor, Rheinmetall, aims to begin producing 155-mm artillery shells at its plant in Ukraine in 2026. Initially, the project planned to produce 150,000 shells per year, but now the target is set to increase to 300,000 after a…

German exports to Ukraine increased by 30.2% and reached €4.6B in the first half of the year. In contrast, Ukrainian exports to Germany decreased by 4.5%, totaling €1.52B. According to experts, several German companies are demonstrating that investment is possible…

Vitaliy Zaychenko, chairman of the board of Ukrenergo, believes that Ukraine’s integration into the EU electricity market will yield benefits that far surpass the financial resources that are required. He noted that following the adoption of draft legislation on…

Major companies like BP, Chevron, ExxonMobil, Shell, and TotalEnergies are boosting their exploration efforts, anticipating that demand for fossil fuels will persist for decades. Company leaders have announced a shift from renewable energy to expanding their resource…