Ukrainian Foreign Minister Andriy Sybiha highlighted that Russia has responded to global peace efforts and US proposals with heightened terror and escalation; therefore, strengthening sanctions should be a primary method to compel Moscow toward a truce. Numerous sectors…
Category: 9. Business
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In 2024, Ukraine nearly reached its bioethanol export quota to the EU for the first time.
The Customs Committee of the Verkhovna Rada indicated that Ukraine exported 99,300 tons of bioethanol last year, with 62% sourced from private facilities, three of which contributed to 38% of the total export volume. Among the 17 operational bioethanol plants in Ukraine,…
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Ukrainian Ciklum has acquired a Polish developer of digital solutions as part of its scaling efforts.
Ciklum has purchased the Polish GoSolve Group, which creates solutions for companies in the healthcare, fintech, and corporate sectors. This deal strengthens Ciklum’s position in Eastern Europe, adds about 150 specialists to the team in Poland – where GoSolve…
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The Ukrainian hotel market is undergoing significant transformation, impacting tourist flows and investment patterns as new hotels and operators enter the scene.
A study indicates that while the industry’s recovery is uneven, it remains hopeful, with a focus on secure regions, domestic tourism, and flexible accommodation options. This trend signals potential for investors: Hotel real estate in Ukraine presents worthwhile…
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Europe can compensate for the loss of American aid to Ukraine, and looks to deepen its ties with the G7.
Europe is capable of supporting Ukraine’s resistance even if military aid from the US completely stops, believes Major General Christian Freuding, who coordinates weapon supplies from Germany. He states that European countries and Canada have already surpassed the…
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As Ukraine prepares to target Russia with operations similar to Spider Web, it successfully strikes enemy aircraft at the Savasleyka airbase.
The country is intensifying efforts for new operations, with the SBU taking a prominent role, having demonstrated the ability to launch strikes deep inside Russia. Their objective is to reset the negotiating table. To that end, on the night of June 9 the Ukrainian…
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Russia is making a final push with a large-scale summer offensive in Ukraine.
The goal of the Russian campaign is to break the Ukrainians’ fighting spirit and give Vladimir Putin at least a symbolic victory, notes the Economist. According to Ukrainian intelligence, the main areas of the offensive will be Pokrovsk and Konstantinovka in the…
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During the war, over 20 countries have continued to buy Russian fossil fuels, with China the largest importer.
As of June 2025, according to CREA, despite sanctions, energy claims, and reputational risks, more than 20 countries still actively import Russian fossil fuels following the onset of the Russian Federation’s full-scale war against Ukraine in 2022. The top three…
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Lithuania urges the disconnection of all Russian banks from the SWIFT network and the imposition of sanctions on the entire fleet of over 1,100 Russian shadow vessels.
Lithuanian President Gitanas Nauseda emphasized that any Russian banks not currently under sanctions must be removed from the SWIFT international payment system. Additionally, he called for broader restrictions against energy companies that feed the Russian budget,…
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Ukraine’s largest fish factory aims to process local river fish and is currently seeking suppliers.
The Klion Group, based in Zaporizhzhia, operates the largest fish processing plant in the country, producing Veladis-branded products across 250 different types, including canned goods, pastes, caviar, fish burgers, fish sticks, and minced meat. The facility generates a…
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