Category: 9. Business
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Ukraine’s victory in the war is a basic requirement for its membership in NATO.
NATO Secretary General Jens Stoltenberg noted: “I expect that the allies will make an important announcement in the run-up to the Washington summit and at the summit itself regarding the supply of a larger amount of the military equipment that is urgently needed for Ukraine to win as a sovereign… Continue Reading
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Ukraine’s demand for housing in new buildings reaches only 35% of the pre-war level.
The demand for housing in new construction in Ukraine is approximately 35% of the pre-war level, but in some western regions, it has increased by 50%, according to the GAZDA construction company. It is reported that more than 90% of the demand for primary housing is currently concentrated in… Continue Reading
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German and American companies will help build new distributed generation capabilities in Ukraine.
Ukrnafta signed memorandums with Siemens Energy Global GmbH & Co. KG and Deutsche Bank to develop distributed electricity and heat generation in Ukraine. The first is a memorandum of understanding with Siemens Energy, which will help to obtain needed expertise and to develop new projects based… Continue Reading
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NATO moves to mandate the provision of weapons to Ukraine by member countries.
Secretary General of NATO Jens Stoltenberg in Brussels said the supply of weapons to Ukraine will become mandatory for NATO countries. These supplies will be coordinated by the military bloc’s command structures under the leadership of General Christopher Cavoli. “We have seen that the US… Continue Reading
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The DFC will help Ukraine to develop an affordable housing market.
The Ministry of Economy, the American International Development Finance Corporation (DFC), and Citibank signed a memorandum on the development of the mortgage lending market in Ukraine. The Minister of Economy of Ukraine, Yuliya Svyridenko, expects that in the future this will enable more… Continue Reading
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The US Department of State believes Ukraine can become a natural green energy bank for the EU.
US Assistant Secretary of State for Energy Resources, Geoffrey Pyatt, stated at the Ukraine Recovery Conference in Berlin: “We need to change the paradigm of how we see Ukraine’s energy future. There is too much discussion about Ukraine as a recipient of aid – we need to think about… Continue Reading
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Vitagro seeks €110M to increase its biomethane production capacity, and OKKO will build a biofuel plant with EBRD funds.
According to Vitagro, by 2030 35 million cubic meters of biomethane will be consumed in the EU. That is why the company invested €6M in a biomethane plant and plans to make additional investments with European partners. The company is working to attract €110M for its Khmelnytskyi plant,… Continue Reading
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Restoration of Ukraine’s energy system: What was agreed upon at URC2024?
Ukrenergo signed a €15M grant agreement with the German state development bank, KfW. The company said the funds would be used to purchase critical equipment and restore high-voltage substations after Russian terrorist attacks. In two days, Ukrenergo received €45.4M to restore the power… Continue Reading
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German companies are building wind and solar power plants in Ukraine, and the country urgently needs 5-6 GW of new generation.
The German company Notus Energy is implementing a 300 MW wind farm project in the Odesa region, the first stage of which will be 120 MW, the company’s top manager said at URC2024. The first phase of wind turbines will not be completed this winter, but the company is doing everything to launch… Continue Reading
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The EIB is strengthening its support for Ukraine’s recovery and economic development.
The European Investment Bank has announced several support programs at URC2024 in Berlin. The EIB Group is preparing two programs to restore Ukraine’s housing stock. The first is a €230M initiative that will focus on repairing war-damaged apartment buildings with an emphasis on energy… Continue Reading