Category: 9. Business

Russia is preparing to raise taxes and cut spending, but military spending in the 2026 budget will stay at a record high. According to Reuters, the 2025 budget allocates 8% of GDP to defense and security, but the actual figure will be higher. No reduction in military…

European leaders are discussing security guarantees for Ukraine, which would require Kyiv’s allies to act within 24 hours to provide support if Russia were to launch another attack following an eventual peace agreement. This idea is being promoted by Italian Prime…

The Ukrainian Parliament has passed laws in the second reading to form the foundation of the Defence City initiative – a state program to support Ukraine’s defense-industrial sector. These documents include provisions to create a Register of Defence City residents,…

The Myrhorod Cheese Factory, a dairy production plant,  is listed for sale at $2M. The facility is located in the city of Myrhorod in Poltava region. On an area of 25,000 square meters, there are production workshops, warehouses, 8,000 square meters of refrigerated…

Potato Agro has begun construction of Ukraine’s first French fry factory in the Biosense industrial park (Cherkasy region). Total investment in the factory will amount to $110M with a payback period of seven years. In early 2026, Potato Agro will launch the first stage…

Leaders in the Transcarpathian region held an online meeting with representatives of the Swedish state financial institution, Swedfund, which invests in the private sector and provides grant support and consultation during the preparation of feasibility studies for…

The Aeroc aerated concrete block plant in Berezan (Kyiv region), now under the Poriston brand, restarted its operations, reported BGV Group Management. It is noted that the plant had been inactive for three years due to the war. After Russia launched the full-scale…

In the first half of 2025, the JTI Ukraine company from the Japan Tobacco group, a major player in Ukraine’s tobacco market, paid ₴21.2B in taxes to the government, 75% more than in the same period last year. Since 1999, the company has invested around $440M in…

The Russian leader insisted on this format when US President Donald Trump called him on August 18, but the US president proposed a trilateral format. According to Trump, US Special Envoy Steve Witkoff is arranging the meeting between the leaders of Russia and Ukraine. US…

The US sells weapons to European countries with a 10% markup, which are then shipped to Ukraine. The revenue from this could partly cover Ukraine’s security guarantees, said US Treasury Secretary Scott Bessent. The US is also considering providing air support to…