Category: 9. Business

Located in the village of Ozhenyn, the new facility was set up in a previously abandoned fruit cannery. The enterprise will create 20 jobs and can process 140 tons of high-standard products each year. Strawberry, raspberry, and currant crops have already been cultivated…

According to updated estimates, the total requirement for financing Ukraine’s recovery is $524B, with $17.3B needed for 2025 alone. Among the priorities are housing, critical infrastructure, energy, and social services. This year, it is planned to allocate ₴36.5B in…

Researchers from the Institute of Economics and Forecasting at the National Academy of Sciences of Ukraine indicate that while the country possesses certain reserves of rare earth elements (REE), most were identified during the Soviet era, necessitating updated…

Ukraine’s largest enterprise for the primary processing of industrial hemp has launched in the Ma’Rijany industrial park in the Zhytomyr region. The Ma’Rijany Hemp Company has built a state-of-the-art production facility with an annual capacity of 14,000 tons,…

After arriving in Ankara on May 15, Zelenskyy described the Russian contingent as “fake,” contrasting it with the high-ranking officials in the Ukrainian delegation. The Russian delegation was led by Putin’s aide Vladimir Medinsky and also comprised Deputy Foreign…

On May 15, a three-hour meeting between President Zelenskyy and Turkish President Recep Tayyip Erdogan took place in Ankara. It was planned that high-level talks between Russia and Ukraine would follow; however, as noted by leading European diplomats, Putin sabotaged the…

The war against Ukraine costs Russia an enormously high price, resulting in its greatest military losses since World War II. Since the beginning of 2024, the Russians have managed to take control of only 4,731 square kilometers, less than 1% of Ukraine’s territory, and…

Through a risk-sharing arrangement, EBRD will back the issuance of new loans by ProCredit Bank to small and medium-sized enterprises in Ukraine. With EBRD’s assistance, the bank anticipates providing sub-loans of up to €60M to private enterprises and households….

Swiss company Medlog SA, the logistics division of one of the world’s largest container operators – Mediterranean Shipping Company (MSC), officially entered the Ukrainian market. In May, the company acquired a 50% stake in the Ukrainian intermodal logistics operator…

Since Russia began its full-scale invasion of Ukraine, Hungary and Slovakia have sent €5.4B to Moscow for crude oil alone, a sum sufficient to fund 1,800 Iskander-M missiles. Despite sanctions exemptions aimed at reducing their reliance, Budapest and Bratislava show…