The Cabinet of Ministers has added the Korosten-Podilskyi project, covering over 78 hectares in the city of Korosten (Zhytomyr region), to the Register of Industrial Parks. The city council initiated this project. It aims to host enterprises involved in woodworking,…
Category: 9. Business
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A €4M facility that will produce dry potato puree is planned for construction in Volyn, with foreign investment.
The Volyn Smart Agro Cluster has launched this initiative, with an estimated total investment of up to €4M. The venture includes collaboration with a European investor and will operate a comprehensive process, encompassing both potato cultivation and processing into…
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A $4M facility that will produce dry potato puree is planned for construction in Volyn, with foreign investment.
The Volyn Smart Agro Cluster has launched this initiative, with an estimated total investment of up to $4M. The venture includes collaboration with a European investor and will operate a comprehensive process, encompassing both potato cultivation and processing into food…
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Amid Russia’s war in Ukraine, the world’s largest sovereign wealth fund is planning to begin investing in defense companies after a long ban.
Norway, worried about the Russia-Ukraine conflict and US President Trump’s tough remarks about defending Europe, might allow its $2.1T sovereign wealth fund, the largest in the world, to invest in major defense firms beginning in 2027 following more than 20 years of…
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The US has exhausted its Russian sanctions options but imposes new sanctions on Russia’s allies.
US Secretary of State Marco Rubio said that Washington has reached its limit in introducing new sanctions against Russia. He added that instead of new restrictions, the US will focus on ensuring compliance with existing sanctions, particularly in the fight against the…
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Zelenskyy believes Trump has the power to persuade Putin to commence negotiations.
President Volodymyr Zelenskyy thinks that American leader Donald Trump has influence over Russian dictator Vladimir Putin and can encourage him to pursue peace talks. “Russians do not respect the law, but they respect the US and President Trump. I think he can compel…
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Sikorski: Ukraine anticipates the war will last three more years but believes Putin won’t endure that long.
“Ukraine is planning for a three-year conflict, though such colonial wars typically span about a decade. I doubt Putin can last another three years”, said Polish Foreign Minister Radoslaw Sikorski. He gave his assurance that Ukraine’s allies intend to support the…
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The EBRD plans to contribute €30M to the Horizon Capital Catalyst Fund for Ukraine.
The EBRD’s Board of Directors intends to decide on a €30M commitment to the new Horizon Capital Catalyst Fund SCSP on December 17. The fund will invest in mid-cap companies with substantial assets and/or projects in Ukraine, ranging from €20M to €50M. Its focus…
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Ukraine receives €5.9B from the EU, part of which came from the proceeds of frozen Russian assets.
According to Prime Minister Yulia Svyrydenko, €4.1B was provided to Ukraine through the ERA Loans mechanism, the final installment of the €18B program funded by frozen Russian assets. An additional €1.8B was received via the Ukraine Facility program. European…
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Ukraine has allocated $20B for construction procurement; however, reconstruction efforts continue to fall significantly short of addressing the extent of destruction.
Analysts reported that over three years of full-scale war, Ukraine has invested approximately $20B in construction procurement initiatives. To date, 46% of medical facilities and 28% of schools damaged by Russian aggression have been restored, while compensation…
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