Category: 9. Business

Several European countries have resisted the European Commission’s initiative to boost defense spending through low-interest loans, fearing it would exacerbate their already significant debt burden. In particular, France, Italy, and Spain oppose EC President Ursula von…

Over the three years of Russia’s full-scale war against Ukraine, 62% of companies from “unfriendly” countries have exited Russia, according to Kept, a consulting firm. This total includes more than 300 foreign companies that had “significant assets” in Russia…

Investment company Dragon Capital, which invested about $700M in Ukraine between 2015 and 2021, in addition to reinvestment of several hundred million dollars more, plans to invest $100M in 2025, said company CEO Tomasz Fiala. This will be financed primarily with its own…

Maciej Zaniewicz, an expert with the Green Deal Ukraine project, notes: “The actual volume of biomethane production in Ukraine may be around 0.5% of EU demand. We are discussing approximately one billion cubic meters of biomethane in 2030.” According to Zaniewicz,…

Oschadbank has signed an investment loan agreement for nearly six years with international Ukrainian company KNESS in the amount of €9.6M to both finance and refinance the construction and commissioning costs of energy storage facilities (ESF). The EBRD is…

Ruslan Magomedov, Chairman of the National Securities and Stock Market Commission (NSSMC), and Vitaly Koval, Minister of Agrarian Policy, discussed the launch of an organized agricultural market and revitalizing the sector as a whole. “Despite the war, our farmers are…

Furniture manufacturer Accord-Import has invested over €1M in production automation over the past two years. The company is currently constructing a new €13M robotic factory in Khmelnytskyi. This new factory will produce up to 800,000 square meters of cabinet…

During talks in Riyadh, the US delegation collaborated with representatives from Ukraine and Russia to prevent assaults on commercial vessels in the Black Sea. “The US and Ukraine have committed to ensuring the safety of shipping, refraining from the use of force, and…

In the US, a bipartisan group of senators has called on President Donald Trump’s administration to convince the US’ European allies to confiscate over $300B in frozen Russian assets to assist Kyiv. The letter, addressed to Secretary of State Marco Rubio and signed by…

Ukraine unconditionally backs the notion of a complete ceasefire with Russia, which would extend beyond the month-long truce currently being negotiated in the energy infrastructure sector, stated Ukrainian Ambassador to the US Oksana Markarova. “We need Russia to agree…