According to the KSE, in May-June, Russian oil and gas revenues were 35% lower than in the same period in 2024, causing increased budgetary pressure. In the first half of the year, the federal budget deficit reached ₽3.7T, or 97% of the annual plan, which is more than…
Category: 9. Business
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Europe’s largest investor in sustainable energy has launched a hub in Ukraine to support startups.
The European organization InnoEnergy has opened an official representative office in Ukraine, InnoEnergy Hub Ukraine. This will enable Ukrainian energy startups to connect with the EU innovation ecosystem and speed access to expertise, investment, technologies, and pilot…
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Lviv urges Tusk to influence the Polish company causing delays in the construction of a waste processing plant.
Lviv deputies appealed to the Prime Minister of Poland, Donald Tusk, in response to the critical situation with the construction of a waste processing plant in Lviv by Polish company Control Process.
“Despite the fact that the contract is being carried out by a foreign…
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SMEs are increasingly borrowing more money: What are businesses directing their investment capital toward?
Ukrainian bankers claim that small and medium-sized businesses (SMEs) have started to take out slightly more loans this year. All types of lending reflect how the country’s economy is evolving amid the war. “Business invests in what works, what generates income and…
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Office rental prices in Kyiv have stopped declining due to increased demand from foreign arms manufacturers.
After a prolonged decrease in rental prices in Kyiv’s business centers, rates have stabilized for the first time since the war began. It is noted that in July, rent per square meter was $17.2 in class A, $11.9 in class B, and $9.8 in class C (excluding VAT and other…
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As expected, no breakthrough: Witkoff had a three-hour talk with Putin ahead of Trump’s deadline.
Russian President Vladimir Putin met with US Special Envoy Steve Witkoff for three hours in Moscow on August 6. The Kremlin described the discussions as “useful and constructive”, happening two days before the deadline Trump set for Russia to achieve peace in Ukraine…
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The US is preparing new sanctions against Russia, with Putin facing a Friday deadline.
The US Treasury Department will continue to impose sanctions to limit Russia’s illegal income, , according to US Treasury Secretary Scott Bessent. Meanwhile, India is increasingly suffering from Western sanctions on Russia, as these restrictions continue to impact the…
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To avoid new sanctions, Putin has proposed an “air truce” with Ukraine.
The Kremlin suggests a temporary ceasefire and ceasing missile and drone strikes if Ukraine agrees to a similar measure. However, Moscow does not intend to completely end hostilities and plans to continue the war, believing its troops still hold the advantage on the…
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The NBU has introduced a new set of measures to ease currency restrictions for businesses that took effect on August 6.
The new package aims to provide incentives and opportunities for businesses without creating significant additional demand in the Ukrainian currency market, the NBU stated.
The new measures are as follows:
- Businesses will be able to repatriate dividends from 2023. Businesses can use repatriated…
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Ukraine and the US plan to begin three mining projects within 1.5 years.
The two countries are working to launch the first three mining investment projects, scheduled for completion within the next 18 months under the American Ukrainian Reconstruction Investment Fund, according to Prime Minister Yulia Svyrydenko after a meeting with US…
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