This year, warehouse space in Kyiv will increase by a record amount, which will help increase vacancy in the tight logistics market. Last year, the total supply of warehouse area in the capital grew by 109,000 square meters (+23% by 2023) and reached 1.39 million square…
Category: 9. Business
-
Ukraine has initiated negotiations to restructure payments on its GDP warrants.
A group of warrant holders has signed non-disclosure agreements and commenced limited negotiations with the Ukrainian side last week. In-person meetings are anticipated this week in Washington as part of the IMF and World Bank meetings. One of the options under…
Continue Reading
-
Ukrainian cheese producers are losing market share due to increasing imports.
Arsen Didur, executive director of the Union of Dairy Enterprises, warns that large cheese producers in Ukraine may cease operations by the end of 2025 if imports capture 80% of the domestic market by then. Currently, 20-30 large and medium-sized enterprises, which…
Continue Reading
-
Every tenth bottle of juice worldwide is produced from Ukrainian fruit concentrates.
As stated by Minister of Agrarian Policy Vitaly Koval, these concentrates are produced at TBF Group plants, which process around 300,000 tons of raw material each season. The main markets for these products include not only retail food chains in Ukraine but also the EU…
Continue Reading
-
A South Korean company is set to construct a $106M waste-fired combined heat and power (CHP) plant in Odesa.
Posco International, a South Korean corporation, plans to build a thermal power plant in Odessa that will utilize waste as fuel. This project aims to establish an RDF-fueled CHP plant as a modern, integrated solution to energy and environmental challenges. Both Ukrainian…
Continue Reading
-
Ukraine seeks investors for several production facilities.
In the Odessa region, a factory producing instant coffee and related products is up for sale in the city of Chornomorsk. This sale is part of enforcement proceedings. The facility features an eight-story production building with canopies, totaling an area of 7,665 square…
Continue Reading
-
The screening of Ukraine’s legislation for EU accession is taking place at an unprecedented pace and is set to be completed in the fall.
European Commission spokesman Guillaume Mercier noted that the process of verifying the compliance of Ukrainian legislation with EU law, as part of accession negotiations, is underway and progressing at an unparalleled speed. The EC’s screening report on Cluster 1,…
Continue Reading
-
The EU promises better trade conditions for Ukraine after June 5 than they were before 2022.
The Ukrainian government, along with the European Commission, are working to adopt new trade terms that will come into effect after June 5. Otherwise, the provisions of the Association Agreement will be reinstated “by default,” which poses a risk of a significant…
Continue Reading
-
Trump will soon share the specifics of ceasefire talks in Ukraine.
US President Donald Trump promised that he would soon provide detailed information regarding the ceasefire situation in Ukraine. According to him, the US administration has held a series of successful meetings with representatives from both Ukraine and Russia in recent…
Continue Reading
-
Ceasefire talks among the US, Ukraine, Britain, and France are taking place in London.
This meeting was announced by President Zelenskyy on April 21, following a conversation with British Prime Minister Keir Starmer. Secretary of State Marco Rubio and Special Envoys Steve Witkoff and Keith Kellogg will represent the US at the talks. These discussions will…
Continue Reading