Category: 9. Business

This Ukrainian investment and development firm, specializing in commercial real estate, is purchasing two prime properties in central Kyiv: the Leonardo business center’s first phase and the Ukraina department store. Currently, City Capital Group owns six commercial…

This year has witnessed a revival in the demand for commercial real estate within these developments; however, in light of the ongoing war, increasing inflation, and economic recession, new trends have emerged, according to market participants. Notably, the demand for…

The UK has announced a new large aid package for Ukraine, which includes 100,000 drones to be provided throughout the year. This represents 10 times more than last year, and the total is a record, amounting to £350M. The package also includes:

1. 140,000 rounds of…

Danylo Hetmantsev, head of Committee on Finance, confirmed that there are no plans to raise taxes in 2026, and that the shortfall in the state budget will be managed through alternative sources. He noted that the current year’s budget is short by ₴500B, but he is…

The international rating agency S&P Global announced Ukraine’s default on its GDP-linked bonds. On June 2, the Ukrainian government failed to make the required payment of $665M, which led to the bonds’ downgrade from CC to D.

“We do not expect payment during the…

According to the estimates, drone production will rise by 150%, increasing from one million last year to 2.5 million in 2025. The Ukrainian Ministry of Defense has allocated over $2.5B for 2024-2025 to support local drone manufacturers, working with 76 companies and…

Over the past three years, farmers have lost a significant portion of their machinery. According to the Institute of Agrarian Economics, last year agricultural enterprises had 22% fewer tractors, 13.5% fewer combines, and 12% fewer plows than in 2021. Meanwhile, domestic…

There, the Nova-Pak company employs cutting-edge technologies to create over 600 products, including spices and seasonings, which are distributed throughout Ukraine and successfully exported. The company has more than 150 employees and is also involved in shock-freezing…

Over the three years of the full-scale Russian invasion, prices in the primary housing market in Ivano-Frankivsk have increased the most, by 63%. During this time, the cost of a square meter in the city rose from $520 to $850, according to market experts. For comparison,…

Austrian energy firm Wien Energie, alongside Ukrainian UDP Renewables, aims to develop an industrial green cluster in Volyn featuring the hydrogen production facility. If realized, this initiative will mark Ukraine’s first industrial energy cluster centered around…