“A ceasefire in the Black Sea is primarily important for the Russians because they have not effectively controlled the Black Sea food corridor for quite some time. Their Black Sea fleet is either at the bottom or hidden. They simply want to regain control of the food…
Category: 9. Business
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How to find a compromise? How does the US perceive the territorial issue in the context of ending the Russo-Ukrainian war?
According to Keith Kellogg, the US President Donald Trump’s Special Envoy for Ukraine, Russia will not relinquish the territories it has already occupied. However, these territories are not legally recognized as Russian. Kellogg pointed out that the Russians have…
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In the newly proposed mineral agreement, the US aims to gain indefinite control over all of Ukraine’s subsoil without providing any security guarantees.
The US has proposed a new, detailed draft of the mineral agreement which allows for US control over all of Ukraine’s subsoil yet makes no mention of security guarantees for Ukraine, said MP Yaroslav Zheleznyak. He remarked that the proposed project is extremely…
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The US and sanctions against Russia: Russian banks may be reconnected to SWIFT.
US Treasury Secretary Scott Bessant stated that the potential reconnection of Russian banks to the SWIFT international banking system will depend on future actions by Russian authorities. Commenting on the conditions proposed by Russia for a truce in the Black Sea,…
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Ukraine summarizes its energy infrastructure losses suffered in the Russian invasion.
Before the full-scale conflict began, Ukraine’s power plants had an installed capacity of 56.1 GW. Russia occupied 18 GW of generation, including Europe’s largest nuclear power plant in Zaporizhzhia. Over the past three years, Russia has conducted more than 30…
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Ukraine will require significant amounts of steel for reconstruction and searches for ways to address the deficit.
After the war, Ukraine will have a substantial demand for steel to rebuild its infrastructure and housing, while the market will encounter challenges – competition from foreign suppliers, the necessity to attract investment, and the need to restore production,…
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A Finnish company invests €7.3M in production and warehouse distribution facilities in the Kyiv region.
Finnish fast-food chain Hesburger has opened a burger patty production facility, along with a warehouse and distribution center in Boryspil, Kyiv region. The project’s total investment has reached €7.3M, marking the first Finnish industrial investment in Ukraine…
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A €110M industrial park for the production of bioethanol and biogas is being constructed in the Ternopil region.
The construction of the BIO-LAN industrial park is currently underway in the Lanovets urban territorial community of Ternopil. The future park, for which registration documents have already been submitted to the Ministry of Economy, is expected to create over 200 jobs,…
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During the three years of the war, the combined workforce of the 50 largest Ukrainian IT companies has declined by 20,000 specialists due to relocation abroad.
IT companies N-IX and Grid Dynamics Group saw a decrease of 50% in their workforces, while EPAM’s workforce was reduced by 31%. The largest exodus of IT specialists from Ukraine occurred in the second year of the full-scale war, with a loss of 10,700 people compared to…
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Ukraine’s membership in the EU as its best security guarantee. Is this really the case?
EC President Antonio Costa believes that Ukraine’s strongest security assurance is joining the EU. He highlighted “the impressive achievements of a country at war regarding its ability to implement reforms and meet convergence goals for EU accession.” Costa stated,…
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