Category: 9. Business

On October 6, it will be two months since the beginning of the Armed Forces of Ukraine’s counteroffensive in the Kursk region. According to various estimates, Russia has reclaimed between 8% and 21% of its territory in the war zone. Maps from the ISW show military operations in the Kursk… Continue Reading

In August, consumer prices increased by 0.6% for the month. On an annualized basis (August 2024 compared to August 2023), inflation accelerated to 7.5% from 5.4% a month earlier, according to the Monitoring of Major Economic Events in Ukraine by the Ministry of Economy. The ministry explained… Continue Reading

According to the results of the first three quarters of the year from the Ukrainian sea corridor’s operation, Ukrainian seaports increased cargo transshipment by 80% compared to the same period last year: 74 million tons were processed. Agricultural products comprised 62.6% of the export… Continue Reading

In the last days of September, for the first time since May of this year, Ukraine exported about 0.8 GWh of electricity during a period of small domestic demand, according to the Center for Economic Strategy. “This is very little: the Southern Ukrainian NPP can produce this amount in 15… Continue Reading

In Poland, a significant increase in the export of Polish products to markets in third countries, particularly Ukraine, has been recorded over the last two years, said Deputy Minister of Development of Poland Jacek Tomczak. According to him, in 2023, Poland was one of the 11 EU countries that… Continue Reading

The NBU and the Ministry of Economy presented a draft law on the war risk insurance system, which provides for the protection of insurance interests of individuals and legal entities, aimed at ensuring compensation for losses. “The lack of coverage of war risks is a significant obstacle for… Continue Reading

Data from the Center for Economic Strategy shows that, as of January 2024, 52.5% of Ukrainians who had been forced to leave the country due to the war planned to return to Ukraine. The actual number of those who will remain in other countries may range between 1.3 to 3.3 million people, Continue Reading

Piraeus Bank in Ukraine has reinforced its commitment to supporting business resilience and economic planning through its role as the general sponsor of the recent War & Business: Planning for an Uncertain Winter and 2025 event, organized by the Ukrainian Business News (UBN) community. The… Continue Reading

During the second international Defense Industries Forum (DFNC2), members of the Ukrainian defense industry signed cooperation agreements with four companies from the US, France, and Poland in the fields of ammunition and special chemicals, unmanned systems, radio-electronic intelligence, and… Continue Reading

During the first eight months of the year, weapons production in Ukraine increased by 100% compared to the same period last year, Prime Minister Denys Shmyhal said at DFNC2. According to him, weapons production increased by 200% last year, and 65% more funds (+₴300B) have been earmarked for… Continue Reading