Category: 9. Business
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For the first time, a green auction will be held in Ukraine to stimulate renewable energy development.
For the first time in Ukraine, state-owned enterprise Guaranteed Buyer has announced an online auction on October 31 to distribute support quotas for enterprises producing electricity using alternative sources. It is noted that the first lot is an additional annual support quota to produce 11… Continue Reading
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Despite the war, restaurants, supermarkets, and malls featuring international and domestic brands continue to open in Ukraine.
This weekend, the first stage of the Epicentr shopping center was launched in the village of Chabany, close to the capital. The two-story mall’s total area is more than 96,000 square meters. Later, the company plans to open a large family amusement park, Epiland, with an area of more… Continue Reading
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Despite their proximity to the front, Interpipe and Nibulon continue to invest in capacity expansion.
According to Interpipe’s top manager Denys Morozov, the company is opening a new heat separation plant in Nikopol, investing $40M, and has many more plans for the future. The company’s production volume is approaching pre-war levels: 33% of volume is supplied to Europe and it operates in 80… Continue Reading
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Zelenskyy met Biden, Harris, and Trump and shared his Victory Plan with them.
During the meeting with the head of the White House, Joe Biden, President Zelenskyy presented his plan for victory over Russia, discussed its diplomatic, economic, and military aspects, and the two leaders instructed their respective teams to consult on the next steps. The US president gave his… Continue Reading
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The US allocates almost $8B, and Germany will spend an additional €400M in aid to Ukraine this year.
The White House announced a Ukrainian military aid package worth $7.9B, including additional Patriot batteries, air defense equipment, UAVs, long-range missiles, air-to-ground munitions, and money to strengthen the country’s defense and industrial base. In addition, the US decided to expand… Continue Reading
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Ukraine will receive hundreds of millions in loans from Canada and the Bank of Korea.
Ukraine plans to obtain a loan from the Export-Import Bank of Korea for up to $100M and has finalized the primary conditions for the state’s external borrowing. These funds will be directed to the Emergency Response Program in health care, within the framework of the Heal Ukraine program. The… Continue Reading
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Denmark is investing over $628M in Ukraine’s defense industry.
Denmark and Ukraine have agreed to terms on a DKK 4.2B ($628M) purchase from the Ukrainian defense industry, the Danish Ministry of Defense reported. Danmark will use income from frozen Russian assets for the investment. Defense Minister Troels Lund Poulsen, his Ukrainian counterpart Rustem… Continue Reading
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The G7+ leaders adopt a declaration on the rebuilding of Ukraine.
The leaders of the G7 and more than 30 partner countries, as well as the EU, adopted a Joint Declaration to support Ukraine’s recovery and reconstruction, providing further military, economic, and humanitarian assistance both in the short term and in the post-war period. “We dispel any… Continue Reading
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Ukraine has launched an electronic residency program to make it easier for foreigners to start a business.
Diia has launched the uResidency electronic residency program, which allows foreigners to register and conduct business in Ukraine remotely, Minister of Digital Transformation Mykhailo Fedorov said. “We have created the best conditions for Ukrainian entrepreneurs – the fastest business… Continue Reading
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The volume of completed construction work in Ukraine has increased by 37.1%.
According to the first half of 2024’s results, the index of completed construction works in Ukraine increased by 37.1% compared to the same period in 2023. According to the State Statistics Service, the volume of completed construction work during this period in monetary terms reached… Continue Reading