Category: 9. Business

According to CBR, even amidst high uncertainty with reduced international financing and severely limited Ukrainian budget resources, cement producers and consumers are ready to quickly restore and expand their production capacity, willing to invest to meet the…

On April 11, the State Property Fund will hold an auction for the privatization of the state enterprise Zhytomyr Distillery, with a starting price that exceeds ₴101M. The enterprise is operational and holds all necessary licenses. Between 2022 and 2024, the distillery…

At the end of last week, futures prices for natural gas in Europe dropped sharply by over 10% to €35.2 per MWh, according to the ICE exchange. These are the lowest European gas prices in the past six months. This price drop is primarily due to the tariffs introduced by…

Industries in Ukraine’s mining and metallurgical complex (MMC) contributed 7.2% to Ukraine’s GDP in 2024, up from 5.7% in 2023. The increase in the MMC’s share resulted from a rise in steel (+21.5%) and iron ore (+55.2%) production. The Black Sea corridor’s…

Ukraine has signed a modernized agreement with the European Free Trade Association (EFTA includes Iceland, Liechtenstein, Norway, and Switzerland), which features updated chapters on trade facilitation, sanitary and phytosanitary measures, public procurement, technical…

Significant progress has been made regarding a peace settlement in Ukraine, stated Kirill Dmitriev, the Russian president’s special representative, after a series of meetings in Washington with the administration of US President Donald Trump. He also acknowledged that…

NATO Secretary General Mark Rutte stated that NATO is not engaged in the negotiations to end Russia’s war against Ukraine.

“They are being led by the US along with Ukraine and Russia. We understand that they are progressing slowly, but that is not due to Ukraine;…

According to US Treasury Secretary Scott Bessent, after signing the deal Trump intended to reach out to Russia with a message supporting Ukraine in the economic sphere, hoping that this would encourage Moscow to come to the negotiating table. Bessent noted that the…

David O’Sullivan, the EU’s special representative for sanctions, stated that Washington has not yet contacted the EU to address Russia’s request for sanctions relief – one of the country’s primary demands for a temporary ceasefire agreement in Ukraine….

EU finance ministers will discuss the creation of a joint intergovernmental defense fund on April 12, which would provide large-scale defense financing without increasing public debt levels, a growing concern in many highly indebted countries. The discussions are part of…