Category: 9. Business

The state has passed relevant legislation, with the Law on Improving Competitive Conditions for Electricity Production from Alternative Energy Sources. This law aims to boost renewable energy development as a national priority and a key component of Ukraine’s energy…

Knyazha VIG, an insurance company that is part of the Vienna Insurance Group, is launching a war risk insurance product with reinsurance coverage of up to $25M from the DFC. This initiative will enable the company to create a war risk insurance mechanism aimed at…

President Zelenskyy announced that Ukraine has begun exporting weapons and military technologies of its own design. These exports will be carefully managed, with the profits reinvested into acquiring and developing critical systems, especially air defense and ammunition….

In response to the end of the era of the US-provided security umbrella for Europe, the Kremlin is stepping up its aggressive policy. Russia has completely shifted its economy to a war footing, spending 40% of its federal budget on its military, and has not abandoned its…

The plan effectively brings countries into the bloc at the beginning of the process of fulfilling membership criteria, rather than at the end.

The first step is preparing Ukraine for EU accession. It involves informal recommendations from Europeans in negotiation…

According to the Ukrainian Agrarian Business Club, the list of top-performing agricultural export categories last year included sunflower oil, corn, wheat, soybeans, and poultry meat. The leading three export commodities remained unchanged throughout the year. Meanwhile,…

The Antimonopoly Committee of Ukraine has approved the purchase, by a founder of Alebor Group, of an agricultural asset that is part of Agroprosperis, whose main investor is the US multinational investment group, NCH Capital. With the ruling the regulator has decided to…

US Ambassador to NATO Matthew Whitaker stated that the US expects NATO allies to announce new purchases of US weapons for Ukraine under the PURL initiative during the NATO defense ministers’ meeting in Brussels on February 12. “In approximately six months since the…

Russian oil companies suffered losses of more than ₽1T ($12.94B) from strikes by Ukrainian drones on oil and gas facilities, particularly on oil refineries, said Yevgeny Borovikov, a top manager at Mains, an insurance broker.

According to Western analysts, last year…

Since Russia’s full-scale invasion began, 1.4 GW of gas-powered distributed power generation capacity has been launched, according to the Ministry of Energy. Of this, 1.1 GW is connected to the grid, and 0.3 GW is used for self-sufficiency. In January alone, 192 MW of…