Category: 9. Business

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…

The European Commission will continue providing military, political, and economic support to Ukraine, said European Commission President Ursula von der Leyen.

“Militarily, we recently allocated €1B to Ukraine’s defense industry through windfall profits from frozen…

Ukraine’s Defense Minister Rustem Umerov revealed the Ministry of Defense’s plans to expand Ukraine’s cooperation with its allies on joint weapons manufacturing. He mentioned that there are already 21 initiatives to localize production in Ukraine with some of the…

Despite the war, the Ukrainian economy remains relatively stable, but growth has slowed because businesses have stopped investing in new projects, except for a few industries that have seen some benefit from the war. Ukraine’s economy is holding up with significant…