Category: 9. Business

Despite the war, the Ukrainian economy remains relatively stable, but growth has slowed because businesses have stopped investing in new projects, except for a few industries that have seen some benefit from the war. Ukraine’s economy is holding up with significant…

Glovo is transforming its presence by increasing investment, expanding product categories, and shifting its focus from a food delivery service to a universal marketplace, said Glovo co-founder Sasha Misho. Last year, Glovo’s Ukrainian office revenue increased by a…

Businessman Dmytro Oliynyk and his partners acquired a controlling stake in the Khmelnytskyi Regional Brewery. “We bought 78% of the shares. The buyer was Kostopil Glassworks,” he said. According to him, between 2025 and 2027 ₴250M ($6M) will be invested in the…

The Antimonopoly Committee of Ukraine (AMCU) has approved several deals that will allow one of SoftServe’s founders, Taras Kytsmey, to enter the dairy industry. The deal involves acquiring control of the assets of Mountain Milk and Mukko Milk, with an estimated…

President Volodymyr Zelenskyy discussed purchasing American air defense systems and collaborating on drone production with US President Donald Trump.

“Ukraine is prepared to buy this equipment and support American arms manufacturers. The Ukrainian leader added that…

NATO Secretary General Mark Rutte mentioned in his closing speech that military aid to Ukraine this year might exceed the record $50B provided last year. He highlighted that the primary goal remains to ensure Ukrainian forces stay combat-ready, which is essential for…

In May, Ukraine’s total public and state-guaranteed debt increased by $1B to $180.97B, reported the Ministry of Finance. Most of the debt is external, totaling $134.48B, which makes up 74.3% of the overall debt. Domestic debt stands at $46.48B. In April, the IMF…

Fintech company Payoneer, which serves businesses worldwide, and the European Digital Innovation Hub WIN-WIN EDIH, established in Ukraine under the EU’s Digital Europe program with a total budget of €7.9B, have announced their collaboration. The goal is to help…

The foreign ministers of the Nordic countries, during the NATO summit in The Hague, called for an immediate and unconditional ceasefire in Ukraine to pave the way for negotiations on a lasting and just peace. They emphasized that two things are needed for a quick…

Currently, 75% of the lending for large business projects that are underway at Ukrainian banks involves energy storage facilities (ESF), indicating strong investor demand for this technology amid declining interest in gas generation, said Oschadbank top manager Yevhen…