Category: 9. Business

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…

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…

The European Commission and Ukraine have finalized negotiations on renewing the Deep and Comprehensive Free Trade Area agreement. The main principles include:

1. Completive conditions – Ukraine will gradually align its production standards with EU norms, particularly in…

Agrosem, a prominent distributor of goods for farmers in Ukraine, has invested €20M into the technological and innovative aspects of the MOST Logistic Terminal project. Specifically, within the parameters of this project the company secured financing from the EBRD in…

Over the past week, Russian forces launched 114 missiles, more than 1,270 drones, and nearly 1,100 guided bombs against Ukraine, said President Zelenskyy. Another large attack occurred on the night of June 29, when Russia deployed 477 strike UAVs and drone simulators…

The Russian president stated that the government plans to cut defense expenditures, which have already reached record levels unseen since the days of the USSR. Consequently, military spending now accounts for 6.3% of GDP, which Putin considers excessive. However, Putin…

Russian forces took control of one of Ukraine’s most promising lithium sites – Shevchenkovske, located in Donetsk. This deposit was previously developed by an American company focused on critical minerals and was considered a vital part of the economic partnership…

The EBRD and the EIB have announced plans to invest €60M and €40M, respectively, in a new infrastructure fund, Amber Dragon Ukraine Infrastructure Fund I. The fund aims to reach a total of €350M and will focus on supporting infrastructure projects in Ukraine,…

The EBRD might offer state-owned Ukreximbank a guarantee of up to €50M to cover as much as 50% of the credit risk on a portfolio of new loans to small and medium-sized enterprises (SMEs) valued at up to €100M. The goal is to boost lending to private Ukrainian…

The European Commission supports beginning these talks, said EC President Ursula von der Leyen after a European Council press conference.

“Under constant attack, Ukraine continues to implement reforms, one after the other, which is impressive. Ukraine has made progress…