Category: 9. Business
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The ISW: Putin’s plans to defeat Ukraine; and Kyiv needs more weapons to avoid prolonging the war.
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
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The Ukrainian government predicts a reduction in the gap between exports and imports in the next three years.
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
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In six months, Ukraine exported $19.5B of goods; volumes increased, but sales have yet to.
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
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DTEK Renewables will pledge the largest solar plant in Ukraine as €325M in Eurobond collateral.
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
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Ukraine makes new offers to creditors to reach an agreement on debt restructuring.
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
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The EBRD identified the state and problems of Ukrainian business.
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
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The NBU’s currency restrictions threaten defaults in the corporate sector and an increase in the cost of loans to the state.
Oleksandr Vodoviz, the top manager of the Metinvest group, noted: “The largest easing package was introduced in May 2024: businesses were allowed to take foreign currency abroad to pay loans and dividends. However, this decision did not allow businesses to grow due to the introduction of… Continue Reading
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The World Bank moved Ukraine to the category of countries with higher-than-average incomes.
The country’s income is estimated by the World Bank at $5,070 per capita. The World Bank generally divides the world’s economies into four income groups: low, lower than average, higher than average, and high. The classification is updated every year on July 1, considering the gross… Continue Reading
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Ukrainian agricultural holding, owned by the government of Saudi Arabia, purchases an elevator in the Lviv region.
Ukrainian agricultural holding, Continental Farmers Group, which belongs to the Saudi state fund Salic, bought a new elevator, designed to work with all grain and oil crops and able to ship up to 45 wagons per day by rail. The one-time storage capacity of the elevator is 120,000 tons. With it,… Continue Reading
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Investments in Ukrainian startups soared by almost 200% in the second quarter: Who attracted the most?
In half a year, 71 Ukrainian startups received about $270.8M in funding. The number of financed companies increased by almost 200% in the second quarter compared to the first. Of the 71 companies, 53 received investments in the second quarter for $228.8M. Investors were most interested… Continue Reading