Category: 9. Business

President Zelenskyy approved a bill that increases the influence of the Prosecutor General’s Office over investigations by the National Anti-Corruption Bureau of Ukraine (NABU) and the Specialized Anti-Corruption Prosecutor’s Office (SAPO). He believes that the NABU…

According to the NBU, Ukrainian banks have eased lending standards for households for the fifth consecutive quarter and for businesses for the first time since the third quarter of 2024. In the second quarter, banks generally simplified the terms for providing loans to…

The main buyers of Ukrainian sunflower oil from January to June this year were Spain and Italy, which accounted for 12.88% and 12.18% of exports, respectively, followed by India with an 11.77% share. These countries spent $357M, $337.5M, and $326M on Ukrainian sunflower…

According to ExPro, Ukraine exported 688,000 MWh of electricity during this period, which is 180% higher than the same period in 2024. A total of 37 companies exported electricity. Among these, the share of state-owned companies – Energoatom, Ukrhydroenergo, the Energy…

According to a report by the International Renewable Energy Agency (IRENA), deploying 582 gigawatts of new renewable capacity in 2024 led to significant savings, avoiding fossil fuel costs of about $57B. Notably, 91% of new renewable energy projects last year were more…

AgroVista Group is preparing to construct a biogas plant, said the company’s top manager Pavlo Fesyuk. He mentioned that this project is fully developed and has been presented to investors. Fesyuk added that the company has all the necessary resources to launch this…

Energy Minister Svitlana Grynchuk said: “Today, the main challenge is the widespread use of unmanned aerial vehicles. In 2025, up to 90% of strikes are expected to be carried out by UAVs. Therefore, the Ministry of Energy emphasizes the need to install advanced systems…

Centravis, a manufacturer of seamless stainless-steel pipes, plans to implement projects to modernize their production and expand their pipe manufacturing operations by $14.5M over two years. The first project involves purchasing new equipment, which will enable the…

Latvia has sent 1,300 drones to Ukraine’s Armed Forces as part of the multinational Drone Coalition. Including this shipment, Ukraine has received a total of 12,000 Latvian-made drones worth over €17M this year.

The Canadian government will contribute an additional…

Due to declining oil prices and a strengthening Russian currency, Moscow’s income from July’s hydrocarbon sales will drop by roughly 37% compared to the same period last year, reaching ₽680B ($8.66B). Russia’s profits from oil and gas sales from January to July…