Category: 9. Business

The IMF Executive Board approved an additional tranche to Ukraine under the Extended Fund Facility (EFF). As a result, Ukraine has already received the ninth tranche of approximately $500M under the program. In total, payments under the program amount to $10.6B out of…

The Ministry of Agrarian Policy is working to create a storage network, as currently 35% of the Ukrainian vegetable harvest does not reach consumers due to poor storage conditions. Many storage facilities have been destroyed by the Russians, resulting in the loss of more…

According to analysts, in the 2024/2025 marketing year (July-June) Ukraine exported 40.1 million tons of grain, which is 10.5 million tons, or 21%, less than in the 2023/2024 marketing year. The physical volume of corn exports dropped by 7.6 million tons, and wheat by…

The European Investment Fund, part of the EIB Group, and Finnvera, Finland’s export credit agency, are initiating this pilot program to assist Finnish companies in exporting to Ukraine. The agreement enables Finnvera to offer export credits to Finnish companies trading…

During talks with EU representatives, President Zelenskyy emphasized investment in domestic weapon production, focusing on long-range UAVs, interceptor drones, and similar equipment.

“This is crucial. Russia is investing in unmanned systems and plans to increase drone…

The State Property Fund of Ukraine (SPFU) refused to approve the results of an auction to sell a large privatization asset with 100% of the shares of the state joint-stock company Construction Company Ukrbud. The Petro Oil and Chemicals company, owned by Georgian…

German Foreign Minister Johann Wadephul, who arrived in Kyiv on June 30, stated that Germany is attempting “by all means” to ensure Ukraine receives additional air defense systems to counter Russian attacks. Negotiations are ongoing with European allies and the US,…

After concluding discussions on humanitarian issues, Ukraine aims to focus on a summit between President Volodymyr Zelenskyy and Kremlin leader Vladimir Putin, said Defense Minister Rustem Umerov, emphasizing the need for a “substantive” meeting between the…

Polish oil refinery Orlen will cease buying Russian oil for its Czech refinery after June 30, according to CEO Ireneusz Fafara. “Today we have freed Central Europe from Russian oil,” he stated.

In April, the Czech Republic announced it had become completely…

Before the full-scale invasion, Ukraine fed 400 million people worldwide and supplied agricultural products to the EU, North Africa, and Asia, providing about 10% of the world’s grain. However, due to occupation and mining 20%, or around six million hectares, of…