Category: 9. Business

According to the experts, two new buildings in the Lviv region and one in the Kyiv region were commissioned in September. The average cost per square meter in dollar equivalent increased by 1-6%, depending on the region. On an annual basis (September 2024 compared to September 2023), prices… Continue Reading

According to the Kiel Institute of World Economy, “Ukraine is going through uncertain times regarding further support from Western allies. A Donald Trump US presidency or the use of new lending schemes, such as using frozen Russian assets or NATO contributions to replace European aid, could… Continue Reading

On October 10, the Verkhovna Rada adopted draft law No. 11416-d, enacting a historic tax increase. The document provides for: An increase in the military levy from 1.5% to 5%, except for the military – their rate will remain unchanged The introduction of a military tax for individual… Continue Reading

The Council of the EU agreed to provide Ukraine with a €35B package of macro-financial assistance, which will be part of a €45B ($50B) G7 loan secured by the Russian Federation’s frozen assets. The EU plans for the funds to become available to Ukraine in 2024 and for the loan to be repaid… Continue Reading

On October 9, Russia struck the port infrastructure in the Odesa region with ballistic missiles, damaging a civilian container ship, Shui Spirit, sailing under the Panamanian flag. This is the third foreign ship attacked by Russian forces in Ukrainian ports in the last four days. As a result of… Continue Reading

Individual investments  increased to ₴71.2B ($1.7B) at the beginning of October, against ₴25.5B ($622M) in February 2022. Individual investors currently represent more than 4% of the total portfolio of domestic bonds. Previously, private investors in Ukraine’s domestic debt were rare,… Continue Reading

US President Joe Biden said that Barack Obama is the one who should be held responsible for Russian dictator Vladimir Putin’s attack on Ukraine in 2014, the annexation of Crimea, and the war in Donbas, according to Washington Post editor Bob Woodward. The author claims that Biden made the… Continue Reading

Several agreements were signed by the Ministry of Funds and Regional Policy of Poland and BGK, a Polish state development bank, which provide for the establishment of a PLN 250M ($65M) special fund to support Polish small and medium-sized enterprises that want to participate in Ukraine’s… Continue Reading

As a result of the war-induced crisis of traditional power generation, this year businesses were forced to step up the development of renewable energy sources compared to 2023. Two examples are the VR Energy wind farm project on the Dniester estuary and EcoOptima Skolivska WPP, noted Stanislav… Continue Reading

Getreide AG, one of Germany’s leading rapeseed processors, officially opened a representative office in Ukraine at the beginning of October. The branch’s opening was necessary because the Black Sea ports were blocked after the start of the war. This decision allowed Getreide AG to continue… Continue Reading