Category: 9. Business
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The ECA insures an investment project for a Ukrainian food manufacturer, providing ₴92M in coverage against war risks.
The Export Credit Agency has insured the second project against war risks for an amount of ₴92M. The project is being implemented by a private enterprise, Vilis, which produces pasta and apple jam. The enterprise is investing ₴52M of its funds and is taking a ₴40M… Continue Reading
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Ukraine’s EU allies are allocating hundreds of millions for energy and military support.
On December 4, the EBRD will approve a loan of up to €180M to Ukrzaliznytsia to finance the purchase and installation of equipment for small gas-fired generation with a total capacity of up to 270 MW. This will help the company to solve electricity shortage problems… Continue Reading
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One of Ukraine’s largest agricultural holdings increased its sugar exports by 400%, increasing profit by €20M.
In the first nine months of 2024, Astarta agroholding increased revenue by 13%, to €441M, and profit by €20M (+35%), to €75.6M. Revenue from sugar production increased by 19% to €169M. The volume of sugar exports increased by 400%, to 140,000 tons, thanks to… Continue Reading
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Two more factories will begin construction in a Kyiv region industrial park in 2025.
According to the Business Development Director of the Bila Tserkva industrial park in the Kyiv region, Oleksandr Protsyuk, five factories are currently operating there, three are still under construction, and two more will be built next year. This will bring more than… Continue Reading
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Putin may start peace talks in early 2025; analysts are divided on Trump’s position.
Russia’s Soviet-era weapons stockpiles will run out by the end of 2025, so Putin may start talks early next year. However, the war will last at least another year if the negotiations do not go as the Kremlin leader would like, predicts Peter Pomerantsev, a professor at… Continue Reading
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The head of the European Parliament calls on Germany to transfer the Taurus to Ukraine as the Bundestag continues to debate.
The President of the European Parliament, Roberta Metzola, called on the German government to transfer Taurus missiles to Ukraine in response to Russian aggression, as the Kremlin’s escalation of the war is alarming. However, the coalition of the Christian Democratic… Continue Reading
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Ukraine’s allies have resumed talks on a decision to send troops to Ukraine, while North Korea expands its missile production for Russia.
Europe, amid questions regarding further US support for Ukraine after Donald Trump comes to power, has resumed discussions on sending Western troops and private defense companies to Ukraine. This topic was raised on November 11 during the visit of the British Prime… Continue Reading
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The G7 countries plan to increase pressure on China over its support for Russia.
G7 foreign ministers, meeting in Italy on Monday and Tuesday, will pledge to act against entities in China and elsewhere that support Russia’s war machine against Ukraine. A draft communiqué seen by Bloomberg said that pressure would be stepped up before Donald Trump… Continue Reading
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The number of internally displaced persons in Ukraine is rapidly increasing, but the population is also returning to the occupied regions.
The number of internally displaced persons (IDPs) in Ukraine continues to grow, said Maksym Tkachenko, member of the parliamentary Committee on Human Rights. According to him, there are currently approximately five million IDPs in the country. At the same time, a rapid… Continue Reading
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Several new biomethane plants will be launched in Ukraine.
Serhiy Labazyuk is the founder of the Vitagro group of companies, which in the fall commissioned and connected to Ukraine’s gas transmission system a biomethane plant with a capacity of three million cubic meters per year. Commenting on Vitagro’s plans, he stated:… Continue Reading