Category: 9. Business

The Cabinet of Ministers approved a decision to simplify procedures for restoring gas transportation facilities and power lines. This will enable energy companies to hasten construction and reconstruction projects, including the installation of special jumpers for…

From January to July 2025, the Defense Procurement Agency (DPA) increased contracts for domestic weapons by ₴158B ($3.8B) compared to the same period last year. This has led to the share of domestically produced weapons and equipment in total DPA procurement rising to…

According to Minister of Digital Transformation Mykhailo Fedorov, by July 2025 winners of the Ukrainian Startup Fund program had already attracted over $50.9M in outside investments. These funds are now helping to transform various sectors of the economy. The minister…

Polish energy firm Unimot has invested PLN 400,000 (over $110,000) in newly formed company PZL Defence, which will focus on developing and manufacturing UAVs and anti-drone systems. “We see the growing importance of unmanned technologies for regional security….

Since the beginning of 2025, 4,113 companies have joined the list of businesses that meet transparent business conduct standards in Ukraine, while 3,228 have dropped out. In total, there are now 8,882 companies in the “white business club,” which is 885 more than at…

According to Reuters, US President Donald Trump is unlikely to impose the promised 100% tariffs on countries that buy Russian oil. Trump has already threatened similar measures against countries that purchase oil from Venezuela but has not implemented the tariffs….

President Volodymyr Zelenskyy has tasked Ukrainian manufacturers with ensuring that the country has at least 500-1,000 UAVs at its disposal every day. He has given his assurance that government officials would secure contracts for these drones and is working with allies…

The European Parliament is exploring proposals to accelerate the EU’s phase-out of Russian gas by one year, aiming for January 2027. EU countries and their lawmakers are preparing to negotiate an EU plan to ban Russian gas imports, building on a legal proposal that the…

According to European Commission spokesman Guillaume Mercier, the fourth installment of financial aid to Ukraine in 2025 under the Ukraine Facility mechanism, which Ukraine requested in June, will be smaller than planned because Ukraine has not completed 3 of the 16…

President Volodymyr Zelenskyy, speaking to journalists, said Ukraine must close an annual budget deficit of about $40B, with an additional $25B needed for domestic production of missiles, drones, electronic warfare systems, and other required equipment and supplies.

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