Category: 9. Business

Last year, the 10 leaders in the extractive industry earned ₴365.26B, which is 11% more than before the start of full-scale war and 13% more than in 2022. The group is led by Ukrnafta, which increased its revenue by 130% to ₴95.17B (26% of the top ten’s total revenue). Last year’s… Continue Reading

In Ukraine during the first quarter of 2024, real estate developers started constructing only 9,900 new apartments, reported the State Statistics Service. The rate of new construction is lower than even in the first quarter of 2020 when the coronavirus pandemic began. For comparison, in the… Continue Reading

In the primary housing market, a developer’s financial ability to complete construction on time and wartime circumstances are associated with high risk. And these credit risks fall entirely on the bank and the home buyer, said the deputy head of Globus Bank, Olena Dmitrieva. She named five… Continue Reading

Head of the Ministry of Agricultural Policy, Taras Vysotsky, said that as of June 20, 50,000 tons of the 2024 harvest had been harvested, and this week the figure has exceeded 100,000 tons. The main crops are winter and spring barley, peas, and wheat. According to the minister, the harvest of… Continue Reading

The head of the Ukrainian Association of Innovative Companies (UAFIC), Rostyslav Duke, said that at the beginning of the full-scale war, all startup funding was frozen because the money went to the country’s defense. Currently, the Ukrainian Startup Fund remains the primary investor…. Continue Reading

The EU Council approved the negotiating framework for Ukraine and Moldova and confirmed that intergovernmental conferences to launch negotiations will be held on June 25 in Luxembourg. President Zelenskyy approved the composition of the Ukrainian delegation that will participate in negotiations… Continue Reading

The Ukrainian government expects to receive $7.9B in credit support from the US, Minister of Economy Yuliya Svyrydenko said. At a meeting of the Economic and Financial Affairs Council, the EU finance ministers discussed practical issues regarding the implementation of the G7’s decision to… Continue Reading

The Russian aggression has had severe consequences for the global economy, and has become a turning point for the world’s future, said the deputy head of the IMF, Gita Gopinath. The war has increased fragmentary pressures and led to an increase in defense spending while countries have also… Continue Reading

The US has said that Ukraine can use its weapons to strike Russian forces that are firing at Ukrainian troops anywhere along the border, not just near the Kharkiv region. However, this does not apply to the use of ATACMS long-range missiles, it only extends to a depth of no more than 100 km… Continue…

Experts from the Advisory Council on Economic Policy believe that Ukraine should build economic clusters protected by air defense systems and, closer to Russia, hide factories underground. They see this concept as a necessary step to accelerate economic growth. “To overcome Russian… Continue Reading