Throughout the two phases of the Housing for Internally Displaced Persons program, a total of 1,053 loans has been provided. The German government contributed €42.5M in funding and has untilized it completely, according to the Ministry of Community and Territorial…
Category: 9. Business
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Russian Shaheds have entered a new phase in their war against Ukraine.
Made based on Iranian blueprints and modified in Russia, Shahed strike drones have become the primary weapon of Russian terror being used against Ukrainian civilians. Since the start of 2025, Russia has conducted over 1,000 drone attacks each week. On June 8 alone, the…
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The Ukrainian defense sector can produce up to 10 million UAVs each year; more partners have joined the drone coalition.
Rustem Umerov, head of the Ministry of Defense, discussed expanding cooperation between Ukraine’s defense industry and international partners with representatives from over 20 German defense companies, highlighting Kyiv’s initiatives, including an investment…
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Ukraine will be able to increase its electricity exports to the EU by almost 40%.
The European Network of Transmission System Operators for Electricity, ENTSO-E, has raised the maximum electricity export capacity from Ukraine and Moldova to EU countries by 250 MW, bringing it to 900 MW. This will help balance Ukraine’s power system and allow…
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IMC invests $22M in a fleet of grain wagons and can now transport 80% of its grain.
Oleksandr Verzhykhovsky, CEO of the Industrial Dairy Company agroholding (IMC), said that by March 2025 IMC had completed investment in its rolling stock. Since 2024, the company has spent about $22M to purchase 300 grain wagons. Currently, the agroholding can transport…
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A Vinnytsia-based plant, confiscated from a Russian, will be auctioned alongside Europe’s oldest plumbing plants.
An online auction to privatize the state-owned stake (100% of the authorized capital) of the Vinnytsia-based Vinnytsiapobuthim enterprise will take place on August 13. The starting bid is ₴301M ($7.1M) excluding VAT, according to the State Property Fund….
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Kovalska will resume construction of a mixed-use business center in Kyiv that will include offices, apartments, and a hotel.
A Ukrainian manufacturer and developer plans to restart building the NUVO complex on Zhylyanska Street next year, said company CEO Serhiy Pylypenko. He explained that before the war, Kovalska had been ready to start construction and possessed permits for the first two…
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Retail development: Zhytomyr’s shopping mall is expanding and will become the largest in the region, while Kyiv’s Ocean Plaza is working to bring back Polish brands.
Zhytomyr’s Global UA shopping mall plans to add a second phase covering 19,590 square meters. With this expansion, the shopping center will become the largest in the area, totaling 142,000 square meters. The opening of the second phase is expected in 2026-2027. This…
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Although Russia attacks Ukraine daily, Washington has halted the delivery of missiles used in air defense and ammunition to Kyiv.
The Pentagon has stopped supplying some air defense missiles and other precision munitions to Ukraine that were promised by Biden administration. The decision was made due to concerns that US arsenals have become depleted. US Defense Secretary Pete Hegseth directed that…
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Rutte: Kyiv will need continued military support from Washington, which is moving away from the war.
“When it comes to Ukraine in the short term, Ukraine cannot do without all the support it can get. Last week, President Trump and President Zelenskyy discussed this, focusing specifically on air defense,” said NATO Secretary General Mark Rutte.
He added that support…
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