Category: 9. Business
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In one of Ukraine’s regions, land prices have risen to record levels during the war.
Land prices have always depended not only on its quality but also on the plot’s geographical location. Before the war, the most expensive land in Ukraine was in the central region. However, with the start of the full-scale invasion, the price ratio changed dramatically. Currently, the average… Continue Reading
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Japan opened a credit line of up to $150M to reconstruct Ukraine.
The Black Sea Trade and Development Bank (BSTDB) received a credit line from the Japan Bank for International Cooperation (JBIC) for up to $150M to finance Ukraine’s reconstruction. These funds will be directed to projects to restore and reconstruct Ukraine’s critical economic and social… Continue Reading
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In the first half of the year, almost $3B in foreign direct investment came into Ukraine.
As reported by the parliament’s financial committee, in the first half of 2024 $2.96B in foreign direct investment (FDI) entered Ukraine. 74% of FDI inflow continues to create reinvested income for foreign investors in Ukraine ($2.2B). This is partly due to restrictions on cross-border… Continue Reading
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The transit of Russian oil through Ukraine increased by 37%, exceeding one million tons.
The transit of Russian oil through the Ukrainian section of the Druzhba oil pipeline in September increased by 37% to 1.06 million tons. According to analysts, except for record volumes in July, the transit of Russian oil in September was the largest since January of this year. Most Russian oil… Continue Reading
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The Netherlands has sent its first F-16 fighter jets to Ukraine and allocated €400M for drone development.
The Netherlands will allocate €400M to develop drones for Ukraine, and if the program is successful, they are ready to increase funding, the country’s Defense Minister Ruben Brekelmans said. The drone action plan will combine Ukrainian innovation and Dutch expertise to improve technologies… Continue Reading
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While in Kyiv, Robert Fico promised energy aid and support for EU membership, but not NATO.
On October 7 during a visit to Ukraine, Slovak Prime Minister Robert Fico stated that his country is ready to support Ukraine during possible blackouts by providing emergency electricity supplies. Slovakia will allocate €500,000 to restore Ukraine’s energy infrastructure as part of a… Continue Reading
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The UK allocates $4.5B for the purchase of British weapons for Ukraine.
Britain has already provided Ukraine with £3.5B ($4.5B) to purchase modern military equipment from British manufacturers. A British trade mission visited Ukraine to discuss further cooperation with the Ukrainian government and industry representatives, including the Ministry of Defense, the… Continue Reading
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The US increases its share of European defense startup venture capital by 200%, but Poland takes the lead in European security.
Against the backdrop of surging global conflict, US investors provided more than 65% of venture capital investment in European defense technology in 2024, compared to 18% last year. According to Dealroom research, in 2023 US venture capital firms provided $458M to European defense startups,… Continue Reading
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Following a massive night drone attack, Russia bombards Kyiv with ballistic missiles.
On the morning of October 7, Russian forces launched three X-47M2 Kinzhal ballistic missiles toward the city of Starokostyantyv, Khmelnytskyi region, and Kyiv. Two missiles were shot down by Ukrainian air defense. Earlier that night, the Russian army attacked Ukraine with kamikaze drones and… Continue Reading
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This year, deposits in Ukraine are growing faster than loans, and bankers note growing saving accounts and confidence in banks on the part of Ukrainians.
Commenting on the latest financial trends in Ukraine during the recent War & Business conference, the chairman of the board of Piraeus Bank in Ukraine, Yannis Kyriakopoulos, noted that currently there is an increase in working capital loans, a decrease in interest rates, and an increase in new… Continue Reading