Category: 9. Business
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Next season, Ukraine will export more than 60% of its agricultural products.
Currently, exports are 3% higher than last year. In the 2024-2025 marketing year (July-June), Ukraine will be able to export more than 60% of the agricultural products it produces, despite constant shelling of critical infrastructure and problems with electricity, said the head of the Ministry… Continue Reading
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Next season, Ukraine will export more than 60% of its agricultural products. Currently, exports are 3% higher than last year.
In the 2024-2025 marketing year (July-June), Ukraine will be able to export more than 60% of the agricultural products it produces, despite constant shelling of critical infrastructure and problems with electricity, said the head of the Ministry of Agricultural Policy, Taras Vysotskyi. He named… Continue Reading
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Kyiv plans to build two TPP plants to generate energy from burning garbage.
Petro Panteleev, deputy head of the Kyiv city administration, said: “We must use all the ways and opportunities that will allow us to produce energy. This is what the Concept of Energy Sustainability of Kyiv (Energy Recovery: The Path to Distributed Cogeneration) is aimed at. The concept… Continue Reading
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The EU will start arming Ukraine with money earned from Russian assets.
On June 24, EU countries approved the first tranche of military aid to Ukraine, about €1.4B, which will come from the proceeds of frozen Russian assets. The funds will be used to purchase equipment such as ammunition and air defense systems directly. A quarter of the amount will be used for… Continue Reading
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Ukrainian drones are mining the waters near Crimea, and Britain is testing anti-drone weapons for $0.12.
Ukrainian Sea Baby maritime drones are equipped with new technology to mine the waters. So far, Ukrainian drones have laid about 15 underwater mines in the waters near temporarily occupied Crimea. To date, four enemy ships have been blown up by these sea traps. Among them: a modern anti-mine… Continue Reading
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Germany helped improve logistics at the Ukrainian border, while the Czech Republic warned about the low quality of the shells that had been purchased.
Germany handed over 41 Mercedes Arocs trucks to the State Border Service of Ukraine to improve border patrol logistics and combat effectiveness at the front. At the same time, the Minister of Defense of the Czech Republic, Jana Černochová, said that according to the plan, Ukraine will… Continue Reading
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Ukrainian bankers predict a further key policy rate decrease to 12%.
Seven members of the Monetary Policy Committee of the National Bank have reported the potential to cut the key rate to 12-12.5% by the end of the year, given that the risks to the inflation forecast are fairly balanced. The NBU itself states that there are reasons to expect the receipt of… Continue Reading
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IFC: Liberalization of energy prices is needed to unlock $97B in energy investment.
The top manager of the International Finance Corporation (IFC) of the World Bank Group, Ines Rocha, said: “Reforms in the energy sector, including the liberalization of energy prices, are of key importance, as they can unlock additional private sector investment opportunities of $97B.” She… Continue Reading
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During the war, Ukrainian power generation lost more than 40 GW of capacity.
During the full-scale invasion, due to occupation and destruction, Ukraine has lost more than 40 GW of electricity generation capacity, said Yasno CEO Serhiy Kovalenko. He notes that Ukraine’s energy system has gone through three phases of destruction: The first occurred at the beginning of… Continue Reading
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Ukrainian small and medium-sized businesses strive to develop abroad to maintain efficiency.
Faced with an increasing number of macroeconomic challenges, small and medium-sized businesses (SMEs) in Ukraine are resorting to using artificial intelligence technologies, supplier diversification, and entering into new trade routes, according to a Payoneer study. Thus, 46% of surveyed SMEs… Continue Reading