Category: 9. Business

According to Dmytro Lyvch, co-founder of the Center for Economic Recovery, allowing EU citizens and legal entities to enter the Ukrainian land market will benefit both foreigners and Ukrainians. This decision would contribute to attracting investment and help the recovery and growth of… Continue Reading

US President Joe Biden decided to transfer another Patriot missile complex to Ukraine, the second system Washington has transferred. The system will be deployed on the front line in just a few days. Meanwhile, Estonia announced a new military aid package for Ukraine, which includes Mistral… Continue Reading

This forecast was shared by Marlene Madsen, a top European Commission official, during URC2024 in Berlin. According to her, the selection and schedule of crucial reforms are very important. Emphasis should be placed on areas that can help Ukraine quickly integrate into the EU market. In… Continue Reading

The World Bank predicts the growth of the Ukrainian economy to be 3.2% in 2024, according to the bank’s June report, Global Economic Prospects 2024. In January, the forecast was identical. The bank maintained its 2025 growth forecast for the Ukrainian economy at 6.5% with the caveat that the… Continue Reading

In particular, Austria, Canada, Estonia, Germany, Japan, Luxembourg, the Netherlands, Norway, Spain, Switzerland, Britain, the EU, the World Bank, USAID, The Council of Europe Development Bank, the EBRD, the EIB, the EIF, the IOM, and others joined the new organization. All founding members… Continue Reading

German Chancellor Olaf Scholz reported that his country and its European partners are already defining decisive guidelines and essential prerequisites for Ukraine’s successful recovery. “Recovery will require large investments, which is impossible without private capital. We are talking… Continue Reading

Insurance company Aon announced the launch of an $350M war risk insurance program in Ukraine during URC2024. It is designed to simplify Ukraine’s attraction of foreign investment during the war. The program is implemented together with the US International Development Finance Corporation… Continue Reading

Despite the war, Ukraine has great potential for foreign investment right now, backed by security guarantees from the West, US Special Representative for Ukraine’s Economic Recovery Penny Pritzker said at URC2024. She gave several reasons for investing in Ukraine. According to her, the… Continue Reading

Unlike in 2022, when companies’ income significantly decreased due to Russia’s occupation of large areas of Ukraine, looting, shelling, constant air strikes, and blackouts, last year Ukrainian retailers managed not only to adapt to new working conditions but also to resume their… Continue Reading

President Zelenskyy stated that, with the help of its partners, Ukraine will build up to one GW of gas-fired generator shunting capacity this year and another four GW in the coming years. The Chancellor of Germany promised to transfer to Ukraine a third Patriot air defense system, IRIS-T… Continue Reading