The European Union is planning to impose sanctions against China this fall for its support of Russia in the war against Ukraine. Western media outlets are claiming that Chinese drone engines were covertly supplied to Russia via shell companies using the designation…
Category: 9. Business
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The results of the Land Bank’s operation has surpassed expectations: The state budget has already received ₴1B.
Over the 10 months of the Land Bank project, agricultural producers paid over ₴1.008B ($24M), including VAT for using state-owned agricultural land. “This result exceeded our initial expectations”, said Yaroslav Yaroslavsky, General Director of the State Land Bank….
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A billion dollars’ worth of deals: Ukraine and Japan start a new chapter of economic cooperation geared for reconstruction.
At the first Ukraine-Japan Forum, focused on Ukraine’s economic recovery, representatives from both countries signed 29 agreements to initiate joint projects in agriculture, the food industry, infrastructure, construction, green industrial recovery, technology, and…
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The Ma’Rijany Industrial Park in the Zhytomyr region plans to double its hemp processing capacity.
It aims to expand the industrial hemp crop area to 4,000 hectares, which will enable the processing of up to 20,000 tons annually. Currently, the park’s technical hemp processing capacity exceeds 10,000 tons per year. Within a 20-kilometer radius of the site, there are…
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The Ma’Ryzhany Industrial Park in the Zhytomyr region plans to double its hemp processing capacity.
It aims to expand the industrial hemp crop area to 4,000 hectares, which will enable the processing of up to 20,000 tons annually. Currently, the park’s technical hemp processing capacity exceeds 10,000 tons per year. Within a 20-kilometer radius of the site, there are…
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Imports of agricultural products to Ukraine have risen by 10% over the year.
From January to June 2025, Ukraine imported $4.26B worth of agricultural products, which is $398M more than during the same period last year. The main suppliers remain the EU countries, accounting for over 52% of imports ($2.24B). Asia contributed more than 19% ($820M),…
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In 2026, the total amount of preferential mortgage financing will rise to ₴25B.
Ukrainian officials announced plans for a significant increase in funding for the popular mortgage program eOselya for 2026. As a result, the funds allocated to this state program will reach ₴25B ($600M), comprising ₴15B ($350M) from the state budget and ₴10B…
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Retail development continues across Ukraine with new openings and opportunities.
The Chernihiv Hollywood Mall has signed lease agreements with two international network operators. Polish brand HalfPrice will soon open its first regional store in Ukraine outside of cities with populations over a million at the shopping center. The network specializes…
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Ukrainian businesses are expanding into new areas despite war challenges.
According to analysts, in the first half of 2025 entrepreneurial activity in Ukraine continued to recover despite the many disruptions of the previous years. Entrepreneurs are not only resuming operations but also launching new companies in promising sectors. The most…
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Another blow to Russian aviation: Ukraine hits five Russian fighter jets in Crimea.
Ukraine’s Security Service struck an airfield in Saky, in annexed Crimea, overnight on Monday, targeting five fighter jets used by Russia for its regular attacks on Ukraine. The SBU stated that drones from its Special Operations Centre destroyed one SU-30SM aircraft,…
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