According to the latest data from the NBU, the total amount of funds deposited by individuals in bank accounts in hryvnia and foreign currency increased by 2.5% in June, reaching a record high of nearly ₴1.3T. Since the start of the year, total consumer deposits in…
Category: 9. Business
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Ukrainian banks finalize more than 10 deals valued at nearly €1.5B in Rome.
During URC2025 held on July 10-11 in Rome, Ukrainian banks completed a record number of transactions with foreign partners, totaling almost €1.5B. Leading participants in conference activity include PrivatBank, Ukrgasbank, Ukreximbank, Oschadbank, Credit Agricole, Lviv…
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Ukraine is moving closer to launching a large-scale housing reform.
The Ukrainian Parliament approved in the first reading a bill, On the Basic Principles of Housing Policy, which initiates a major housing reform in Ukraine, said Olena Shulyak, the head of the Committee on Regional Development and Urban Planning. According to her, the…
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The EU plans to approve a record budget, with Ukraine set to receive €100B.
The European Commission intends to approve a historic EU budget for 2028-2034 totaling €1.717T. According to EC President Ursula von der Leyen, €100B of this amount will be allocated to support Ukraine. This will be the largest budget in the EU’s history. The final…
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Ukraine is prepared to begin mass production of anti-personnel mines to alter battlefield dynamics and strengthen its defense.
After passing a law suspending Ukraine’s participation in the Ottawa Convention, which prohibits anti-personnel mines, and its approval by the president, the production of such munitions for the military can begin almost immediately, said Roman Kostenko, Secretary of…
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Over 85% of industrial companies in Ukraine do not plan to cut their production before 2027.
According to a survey by the Institute for Economic Research, 85.6% of business respondents intend to maintain their current production levels over the next two years. An additional 12.1% plan to increase production, while less than 2% expect to decrease it. This marks…
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With an opportunity to receive $250,000, Ukraine launches a program to support AI startups in the defense sector.
The Ministry of Defense has introduced the K4 Startup Studio program, which aims to develop military startups using artificial intelligence that can provide a technological advantage on the battlefield.
The priority areas will be:
- AI support in decision-making at the…
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Investment in maritime logistics: Ukraine plans to allocate $100M for port infrastructure repairs, and $200M for the Pivdenny terminal.
Ukraine will also direct over $100M to implement other key port projects, said Oleksandr Semirga, head of the Ukrainian Sea Ports Administration. He explained that this funding will cover repairs of berths, railway infrastructure, roads, buildings, and other damaged or…
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Despite the war, reconstruction is ongoing across Ukraine.
The government has approved the allocation of ₴14.5M from the fund for liquidating the consequences of armed aggression to finish building two key infrastructure projects in the Kherson and Chernihiv regions. These include water treatment facilities in Vysokopillya (Kherson region) and updates…
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Ukraine has lowered the sale price of one of Europe’s largest engine component factories.
Ukraine’s Cabinet of Ministers approved the terms for selling the government’s 100% stake in the Motordetal-Konotop enterprise’s authorized capital that was previously seized from a Russian senator. The starting sale price was set at ₴268M ($6.4M), which is…
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