Category: 9. Business

Elevator equipment manufacturer KMZ Industries concluded a partnership agreement with the leading insurance company in Ukraine, ARX, regarding the provision of insurance services for elevator complexes against military risks. This coverage will allow elevator owners to receive financial… Continue Reading

Due to the full-scale war, 7% of Ukrainians left their permanent place of residence and have not returned, 18% moved but returned, and 73% did not leave their homes, according to a study by the EBA. Among the business community, represented by employees of EBA member companies, 48% remained at… Continue Reading

Prime Minister of Hungary Viktor Orban arrived in Kyiv on July 2 for a meeting with President of Ukraine Volodymyr Zelenskyy for the first time in the last 16 years. This visit took place as Hungary settles into the presidency of the Council of the EU. Budapest has repeatedly opposed… Continue Reading

US Defense Secretary Lloyd Austin said his country will soon provide a new $2.3B defense aid package for Ukraine that will include anti-tank weapons, Patriot missiles, and other air defense system munitions. “Together with approximately 50 allies and partners, we will continue to provide the… Continue Reading

Russia’s ability to advance indefinitely in Ukraine will encourage Putin to prolong the war, ISW analysts say. Putin believes that the longer the war lasts, the more likely he is to achieve his goals. Therefore, experts advise the West to quickly provide Ukraine with sufficient support for a… Continue Reading

In 2025-2027, Ukraine is expected to accelerate the growth of its export of goods and services against moderate growth rates in imports. This should reduce the negative trade balance of goods and services by the end of the forecast period, the Budget Declaration for 2025-2027 states. According… Continue Reading

Ukrainian exports for six months of the year amounted to $19.5B and are identical to the figure for the first half of 2023. Physical export volumes increased by 35% and totaled 71 million tons. However, during the year, there has been a significant correlation between prices for primary export… Continue Reading

DTEK Renewables Finance B.V., a member of the DTEK group, is asking Eurobond owners for €325M to postpone their repayment for three years (until November 12, 2027), the company reported on the Irish Stock Exchange. GLAS Trust Corporation Limited is proposed to be appointed as the bond… Continue Reading

Ukraine plans to include GDP warrants in a proposal to restructure international bonds worth about $20B. This is a new attempt by Kyiv to establish contact with investors after formal negotiations thus far have failed. Ukraine owes $19.7B in international bonds and $2.6B in GDP warrants, a… Continue Reading

After two years of full-scale war, most Ukrainian small and medium-sized enterprises (SMEs) managed to stabilize their activities, indicating their high adaptability to war conditions, the EBRD notes in its research. As of April 2024, 85% of enterprises were fully operational, and 14% were… Continue Reading