Category: 9. Business

Over the past two months, the Armed Forces of Ukraine have destroyed about 15 Russian air defense systems in the temporarily occupied Crimean Peninsula. The Strategic Communications Center of the Ukrainian Armed Forces specified that Ukrainian forces damaged multiple divisions of S-300, S-350,… Continue Reading

Distributed power generation, said NBU Deputy Head Kateryna Rozhkova, that will be used to restore power generation capacities will cost Ukraine billions of dollars. She explained that restoring one MW carries an approximate $1M cost. Rozhkova added that for Ukraine to restore 20% of its need… Continue Reading

Prices for residential real estate are rising in Ukraine, although demand for it is still low, the National Bank reported. The number of completed deals is much smaller than before the full-scale war. However, in the first quarter of 2024 notaries certified 33% more housing purchase agreements… Continue Reading

Denmark will make a second, DKK 1.2B ($170M) contribution within the framework of the ZBROYARI: Manufacturing Freedom initiative, Minister of Strategic Industry Oleksandr Kamyshin said. According to the minister, the 19th aid package from Denmark provides $170M to quickly cover the Ukrainian… Continue Reading

According to Eurostat data, Ukrainian mining companies shipped 5.11 million tons of iron ore to the EU market in January-April, which is 3.7% more than in the same period last year. The costs for European raw material importers increased by 5.8%, up to €614.83M. The main consumers of… Continue Reading

The EU will introduce restrictions on 20 individuals and 22 legal entities in the latest package of sanctions against Russia. The EU has already issued 13 sanctions packages on Russia following its full-scale invasion of Ukraine in February 2022. The new package includes restrictions on oil… Continue Reading

The American defense corporation Northrop Grumman plans to create production facilities for medium-caliber ammunition in Ukraine. This results from a state-funded Ukrainian government project and approval from the US government. Medium caliber ammunition is standard for many combat vehicles and… Continue Reading

The volume of foreign investment in the production of pharmaceutical products in Ukraine is estimated to be at least several hundred million dollars, according to the Ministry of Economy of Ukraine. It is noted that from 2016 to 2021, the volume of capital investments in the industry grew… Continue Reading

One of the basic components of Mykolaiv’s post-war reconstruction is the creation of a marine industrial park. This project was presented through the Measures for Economic Growth program, financed by the EU and Denmark. The industrial park will provide the opportunity to create 4,000 jobs in… Continue Reading

One of the basic components of Mykolaiv’s post-war reconstruction is the creation of a marine industrial park. This project was presented through the Measures for Economic Growth program, financed by the EU and Denmark. The industrial park will provide the opportunity to create 4,000 jobs in… Continue Reading