Category: 9. Business

The top ten companies in the construction sector generated over ₴49B in revenue in 2024, which is 41% more than in 2023. The combined profit of the industry leaders surged by 60%, reaching ₴3.09B ($74M). A significant portion of the leaders’ income comes from five…

Finland has been selected as one of the implementing nations in an initiative in which the EU will aid Ukraine with defense resources derived from these frozen assets. Helsinki plans to acquire heavy ammunition from local manufacturers to send to Kyiv. The Finnish…

The talks lasted around two hours, with Russia presenting expectations that were excessively ambitious compared to earlier discussions. Additionally, Russia threatened to “fight forever” and take control of two more regions – Sumy and Kharkiv. Kremlin…

On May 17, US Secretary of State Marco Rubio delivered a “strong message” from Donald Trump to Russian Foreign Minister Sergei Lavrov, emphasizing the White House’s commitment to a lasting resolution to the Russian-Ukrainian conflict.

“The US’s comprehensive…

On the night of May 18, the aggressor conducted attack on Ukraine, utilizing 273 drones in one night, a record amount. Ukraine’s air defense destroyed 88 drones, while another 128 decoy drones were defeated through electronic warfare. The Kyiv region suffered from this…

Senators-democrats Michael Bennett, Dick Durbin, and Jeff Merkley have introduced a bill aimed at officially prohibiting US recognition of the occupied Ukrainian regions as Russian territory. US Secretary of State Marco Rubio stated that if there is no advancement in…

During a recent meeting with investors in London, Government Commissioner for Public Debt Management Yuriy Butsa emphasized that Ukraine will not hasten to restructure the 2015 government derivatives (GDP warrants), even in the event of default.

“They made it clear…

Red Cat Holdings will start producing Magura V7 Ukrainian drones in the US by the third quarter of 2025, marking a significant breakthrough in exporting Ukrainian naval drone technology. This entry into the highly controlled US defense market highlights the acknowledged…

OKKO Group, which is known for the largest gas station network in Ukraine, has started expanding its agricultural assets.

“This year, we finalized a deal for 17,000 hectares in northern Ternopil and southern Rivne. Currently, we cultivate around 50,000 hectares in…

Since the beginning of the full-scale Russian invasion, Ukraine has paid approximately $770M to foreign intermediaries for arms and ammunition that have never been delivered. Notably, the specialized importer Progress entered a contract with the US ammunition supplier…