Category: 9. Business

Ukraine is technically ready to get through the winter without the transit of gas through its territory, which is scheduled to stop entirely on December 31, said head of Naftogaz Oleksiy Chernyshov. Naftogaz has developed various scenarios for surviving the winter, including the termination of… Continue Reading

The Cabinet of Ministers has approved investment contracts regarding significant financial infusions into the Ukrainian economy, bringing about €95M in investment. Ukrainian legislation provides that an investor who concludes a special investment agreement with the Cabinet of Ministers will… Continue Reading

The Foundations of Peace document, which will contain detailed conditions for a just end to the war, will be ready by November, President Zelenskyy said at the Ukraine–South East Europe summit. According to him, Russia avoids honest diplomacy, so Ukraine has developed an action plan to bridge… Continue Reading

The meeting between Volodymyr Zelenskyy and Joe Biden at the German Ramstein Air Base will not occur due to hurricanes in the US. At the Ramstein meeting, Zelenskyy was expected to demonstrate a change of attitude regarding a possible end to the war. Ukrainian officials are ready to admit that… Continue Reading

The German Parliament has allocated an additional €400M for military aid to Ukraine in 2024, which will allow the implementation of 50 projects totaling €1.4B this year. The German government announced delivery of air defense systems, tanks, BMPs, and artillery ammunition and noted an… Continue Reading

Foreign and local companies in Ukraine have adjusted to the new realities and continued to work and try to expand their operations during the war. Moreover, many companies are considering entering the market early so as not to miss out on Ukraine’s reconstruction, but are prevented by… Continue Reading

On October 8, the Ministry of Finance placed bonds of the domestic state loan (OVDP) for a total amount of ₴30.26B ($750M). This is more than for the month of August (₴29.1B) and is the largest figure since the beginning of the year. In order to increase borrowing on the domestic market,… Continue Reading

The State Property Fund (SPFU) sold 100% of the United Mining and Chemical Company’s shares to the Cemin Ukraine firm, which offered ₴3.94B ($96M) for the state asset that the SPFU had tried to sell numerous times. The buyer is obliged to preserve the enterprise’s main activities, invest… Continue Reading

A few days after the US presidential elections on November 5, Hungary will host EU leaders at a summit in Budapest. Hungarian Prime Minister Viktor Orbán described the upcoming summit as a moment to unite the bloc “to try to find a common voice.” According to Orbán, if Trump is elected… Continue Reading

Commercial interest rates will no longer decrease, but this will not stop growth in lending, industry representatives shared. In particular, Sense Bank plans for their loan portfolio to grow by 150% this year, and in 2025 it is to grow by another 100%. As well, Taskombank announced that they… Continue Reading