In light of Russian attacks on Ukraine’s energy system, 20 major domestic companies have built 1.06 GW of generation capacity since the onset of the full-scale war and plan to expand this in the coming years, with a total of ₴28.9B ($690M) already invested and…
Category: 9. Business
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The US Senate threatens Russia with “tough” sanctions for delaying the peace process, bypassing Trump.
Republican Senator Lindsey Graham stated that support for a bill imposing “tough sanctions” against Russia has grown in the US Congress to 81 senators out of the 100 total. To override a possible veto by President Donald Trump in the Senate, 67 votes are…
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Trump admits that Putin does not plan to end the war.
US President Donald Trump, during a conversation with European leaders on May 19, said that the Russian president is not prepared to end the war against Ukraine because he believes he is winning. However, this still has not led Trump to impose additional sanctions…
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Britain asks the G7 to cut the price cap on Russian oil.
The UK has urged its G7 allies to lower the price ceiling for Russian oil to further pressure Vladimir Putin to end the war in Ukraine. This issue was a priority for discussion at the G7 finance ministers’ meeting held in Banff, Canada, from May 20-22. The EU believes…
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The G7 finance ministers have agreed to continue supporting Ukraine in its fight against Russia,
stated German Finance Minister Lars Klingbeil on the sidelines of the G7 meeting in Canada. It was previously reported that the US opposes including “further support” for Ukraine in the G7 statement.
“It has become clear that in the G7 format, support will remain…
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The EU will make its first contribution to a dedicated defense fund and help to develop the defense industry together with Ukraine.
The EU will invest the first €40M into a dedicated European defense fund, seeking to strengthen its military capabilities. The European Investment Fund (EIF), which provides financing to small and medium-sized enterprises, will contribute to the fund being formed by…
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The negative effects of Ukrainian exports are exaggerated and have a minimal impact on EU markets.
Ukrainian agricultural products, despite their quality and important role in Europe’s food security, remain hostage to political narratives, believes Oleh Khomenko, head of the UABC. He added that after 2022, Ukrainian farmers faced not only physical difficulties in…
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In Ukraine, preparations are underway for the launch of three biomethane plants, and the construction of seven wind farms.
During the Green Energy for Reconstruction conference, Chairman of the Bioenergy Association of Ukraine Heorhiy Geletukha noted that four biomethane production facilities are currently operational in the country and actively exporting products to Europe. Three additional…
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Ukraine is rapidly losing its export positions amid the ongoing crisis in the mining sector.
After Ukraine’s remarkable recovery in iron ore exports in early 2024, boosted by the opening of the sea corridor, Ukraine’s MMC sector reached nearly 50% of its pre-war levels. However, these figures are now swiftly declining. Since the beginning of 2025, overseas…
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The Ukrainian land bank has been subleased a largest land plot to a private company.
The largest plot controlled by the State Land Bank, spanning 3,969 hectares in the Ustinivska community of the Kirovohrad region, has been subleased for 14 years with an annual payment of ₴78.6M ($1.9M), including VAT. The auction winner has already finalized a…
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