After concluding discussions on humanitarian issues, Ukraine aims to focus on a summit between President Volodymyr Zelenskyy and Kremlin leader Vladimir Putin, said Defense Minister Rustem Umerov, emphasizing the need for a “substantive” meeting between the…
Category: 9. Business
-
Europe has stopped importing Russian oil, but gas remains a challenge.
Polish oil refinery Orlen will cease buying Russian oil for its Czech refinery after June 30, according to CEO Ireneusz Fafara. “Today we have freed Central Europe from Russian oil,” he stated.
In April, the Czech Republic announced it had become completely…
Continue Reading
-
Investing in demining is crucial for Ukraine’s rebuilding and ensuring global food security.
Before the full-scale invasion, Ukraine fed 400 million people worldwide and supplied agricultural products to the EU, North Africa, and Asia, providing about 10% of the world’s grain. However, due to occupation and mining 20%, or around six million hectares, of…
Continue Reading
-
The Russian “summer offensive,” launched in May, is already losing momentum.
Despite numerous attacks across nearly the entire front line, the aggressor forces have not made significant breakthroughs. Moscow set a new record for the number of offensive operations in June, but even with increased fighting intensity, the lack of progress in key…
Continue Reading
-
How much Russian gas is passing through Turkey to Europe?
It has been six months since Ukraine finally discontinued the transit of Russian gas to Europe. However, the EU is still buying Russian fuel in significant quantity. Between January and June this year, at least 8.1 billion cubic meters of Russian gas were transported to…
Continue Reading
-
Ukraine presents defense industry projects for financing within the framework of the €150B EU initiative.
These are initiatives to produce drones, ammunition, and missiles, which can be financed within the framework of the SAFE (Security Action for Europe) loan program that has a €150B budget. Ukrainian projects are designed to provide the war-torn country with the…
Continue Reading
-
Which ally provides the most support to Ukraine?
Over more than three years of the full-scale war, at the end of April 2025 the main providers of aid to Ukraine have remained unchanged: the US, the UK, and Germany. Meanwhile, Estonia, Denmark, and Lithuania allocate the largest percentage of their budgets.
According to…
Continue Reading
-
Gas for industry: What are the prospects for the domestic market?
Due to Russian missile attacks on gas production infrastructure, Ukraine has lost up to 40% of its domestic production. Therefore, to ensure a sufficient supply of gas before the heating season, it will be necessary to import 4-5.5 billion cubic meters. The cost of gas…
Continue Reading
-
To accelerate the supply of weapons to Ukraine’s armed forces, a specialized military marketplace is being launched in Ukraine.
According to Defense Minister Rustem Umerov this weapons marketplace aims to simplify and expedite weapon deliveries to the military.
“Together with the Defense Procurement Agency and DOT – the State Logistics Operator – we are implementing DOT-Chain Defense, a…
Continue Reading
-
Ukraine and the EU have agreed on trade terms.
The European Commission and Ukraine have finalized negotiations on renewing the Deep and Comprehensive Free Trade Area agreement. The main principles include:
- Completive conditions – Ukraine will gradually align its production standards with EU norms, particularly in…
Continue Reading