Category: 9. Business

The JPMorgan Center for Geopolitics predicted that at the offensive’s current pace it will take Russia about 118 years to gain control over the entire territory of Ukraine. Therefore, Putin will likely seek an agreement that allows him to move closer to his primary…

Fitch has affirmed Ukraine’s rating at Restricted Default for the second consecutive time in response to its foreign currency debts. The national currency rating stands at CCC+, indicating a very high risk. Fitch explained the decision by noting that Ukraine is still…

Officially inaugurated on May 23, the fund’s launch followed a series of note exchanges between the two governments, culminating in the signing of two commercial partnership agreements. Economy Minister Yulia Svyrydenko emphasized that these agreements reflect…

According to Deputy Minister of Economy Oleksiy Sobolev, Ukraine and its international partners are working to launch a new fund to support investment in key sectors such as infrastructure, energy, industry, agriculture, high technology, education, and medicine. He noted…

Russia is set to deliver a memorandum to Ukraine outlining its proposals for settling the war. President Zelenskyy has stated that Ukraine is open to any form of diplomacy that can yield real results to end the war. Currently, Ukraine is working to arrange a meeting…

European leaders are urgently seeking ways to maintain their support for Ukraine amid US President Trump’s increasingly apparent withdrawal of support for Kyiv. The US is not approving new military aid packages for Ukraine and is also refusing to intensify sanctions…

Ukrainian UAV manufacturer Skyeton has announced a strategic partnership with Danish company Quadsat, which specializes in radio frequency research. The companies are collaborating to develop electromagnetic surveillance systems. This partnership will combine the Raybird…

The European Commission has adopted a list of transitional measures for Ukrainian exports to the EU, which will take effect after June 5 when autonomous trade preferences for Ukraine will no longer be in effect, said EC spokesman Balazs Ujvari. The transitional…

The European Commission is already preparing its 18th package of sanctions against Russia, which will disconnect about 20 banks from the SWIFT payment system and impose trade bans exceeding €2.5B in value. The EU also intends to impose sanctions on the Nord Stream gas…

TAS Group is building the new production facility in Kovel, Volyn Oblast, with investment costs in construction, excluding equipment, totaling approximately UAH 200M ($4.8M). This new plant is part of TAS Dniprovagonmash, which already manufactures railcars in Kamyanske,…