Category: 9. Business

Ukraine’s largest poultry producer, MHP, has finalized a deal to acquire over 92% of UVESA Group’s authorized capital, making it a leader in the Spanish food industry. The transaction was officially concluded after obtaining all necessary permits from Ukrainian,…

Coal Energy, a company with Ukrainian roots and listed on the Warsaw Stock Exchange, aims to restart coal mining at mines that have been closed in Poland and Romania, relying on its experience in reviving unprofitable state-owned mines in Ukraine. Although Poland has a…

Founded in 2023, Knap Knap Furniture from Chernihiv specializes in producing modern transforming furniture. Initially, the company operated in a small room with minimal equipment, and some operations had to be outsourced, which increased production costs. When the…

President Zelenskyy has offered Russian dictator Vladimir Putin a direct, face-to-face meeting to discuss the war. He urged Russia to stop issuing vague statements and agreeing only to technical meetings and instead engage at the leadership level if it truly wants to end…

The EU will supply Ukraine with more air defense systems and expedite their delivery, according to EU High Representative for Foreign Affairs and Security Policy Kaja Kallas. Her statement followed another Russian strike on Kyiv on the night of July 31, which resulted in…

US senators have developed a bill to support Ukraine, proposing the use of $54.6B over the next two years. About a third of the aid is planned to be financed by confiscated Russian assets and the sale of weapons to European countries. The US Senate Foreign Relations…

According to Reuters, the US and NATO are developing a new way to supply weapons to Ukraine, using funds from alliance countries to pay for the purchase or transfer of American weapons. The new supply mechanism will coordinate the purchase and delivery of items from the…

The Cabinet of Ministers approved amendments to the Ukraine Plan, which outlines Ukraine’s obligations it must meet in order to receive funds through the European assistance program, totaling €50B. These amendments were prepared in cooperation with the European…

Amid rising tensions with Moscow and Beijing, the US Senate has introduced a bipartisan bill that would target China with tough sanctions for its role in supporting the Russian military machine. The sanctions would target Chinese organizations, banks, and executives who…

In July, the business activity of Russian industrial companies dropped at the fastest rate in over two years – the PMI index from S&P Global fell to 47 from 47.5 in June. Despite significant military orders, industrial production has slowed for several quarters. It is…