In 2023-2024, the Ukrainian construction market showed positive dynamics owing to increased economic activity in the central and western regions, as well as the restoration of infrastructure damaged in the war and initiatives to protect energy facilities. However, market…
Category: 9. Business
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Ukraine has emerged as the world’s leading producer of FPV drones, manufacturing over 2.2 million UAVs annually, with the domestic defense industry capable of producing up to 10 million units.
During the Ukrainian Weapons 2024 briefing, Defense Ministry officials reported on the defense-industrial base’s rapid expansion in order to meet modern warfare’s demands.
The CEO of Tencore LLC, a company that develops UAVs for the Armed Forces of Ukraine, remarked,…
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The EC has announced the launch of the second phase of a competition to attract European businesses to Ukrainian recovery projects.
At the EU-Ukraine Business Summit, the European Commission revealed the initiation of the second round of the Call for Expressions of Interest under the Ukraine Investment Framework. This competition aims to encourage EU companies to invest in Ukraine’s reconstruction…
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The government has allocated ₴1.3B to complete 23 reconstruction projects.
The Cabinet of Ministers has designated over ₴1.28B from the Fund for the Elimination of the Consequences of Armed Aggression to finish 23 reconstruction projects that broke ground in previous years. The plan is to complete the construction of 20 apartment buildings in…
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Nearly 50% of Ukrainian retail operates in the shadows.
The extent of shadow activity in Ukrainian retail trade has reached a critical level: According to various estimates, up to 45% of all retail transactions may take place outside of Ukraine’s tax system. Experts state that Ukraine’s total volume of retail trade…
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Poland leads the EU in the number of employed Ukrainians, but the attitude toward refugees is deteriorating.
Poland and Germany lead Europe in employing Ukrainians, according to the Institute of Demography and Social Research. The largest number of Ukrainians is employed in Poland, thanks to less stringent language requirements and employment opportunities that do not require…
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Ukraine has a severe labor force shortage, prompting employers to seek help from pensioners.
The personnel shortage is particularly acute in the capital, where there are 75,000 open vacancies, yet only 3,000 registered unemployed individuals, as stated by Yulia Zhovtyak, Director of the State Employment Service. She noted that the situation is similar in other…
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April’s second deadly missile strike: Russia kills dozens and wounds hundreds in Sumy.
Only one week after the Kryviy Rih tragedy, on April 13 Russia attacked the center of Sumy with ballistic missiles, killing 34 civilians and injuring over 100 others, among them 11 children. The Foreign Ministry of Ukraine stated that the US, Europe, and everyone who…
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Ukraine and the US have not made any progress in negotiations over a mineral deal, as Trump demands control of Russian gas transit.
On April 11, US and Ukrainian officials held tense discussions regarding a mineral agreement between the countries. During the meeting, American representatives presented the Ukrainians with an updated document that included an unexpected item among its listed…
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Record-breaking Ramstein: Ukraine will receive military support exceeding $21B.
Following the 27th meeting of the Contact Group on Defense Issues in Ukraine in the Ramstein format, held on April 11 with 51 states participating, Ukraine’s allies committed to a substantial increase in assistance to Kyiv, exceeding $21B.
The announced…
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