Category: 9. Business

The Podillia agrobusiness processes 1,600 hectares of sown land (sunflower, wheat, corn, soybeans) and before building its own elevator, grain had to be stored either in warehouses or through the services of third-party elevators, which was unprofitable. Therefore, last… Continue Reading

ArcelorMittal Kryvyi Rih significantly increased its production indicators in 2024 but could not reach a break-even level. The main problems were the war, electricity shortage, high energy prices, expensive logistics, and the price situation in the metal product markets…. Continue Reading

As stated by the General Director of the Ukrainian Agrarian Club, Oleg Khomenko: “Direct and indirect losses for agriculture during the war exceed $80B. This includes infrastructure, production facilities, and assets for grain storage. We see a significant impact on… Continue Reading

Ukrainian real estate developer Perfect Group has begun construction of the Velmy apart-hotel in Polyanytsia, in the Ivano-Frankivsk region. The goal of the Velmy project is to change the standards of recreation and investment in the region. “This is a reliable… Continue Reading

Donald Trump was sworn in, officially becoming the 47th president of the United States. After taking office, he said that he would focus on ending all wars in the world and building “the strongest military we have ever seen.” Trump continued, “Our success will be… Continue Reading

On Monday, 47th US President Donald Trump declared an energy emergency, allowing energy extraction in places previously where it was previously prohibited. “We will drill. We will become a rich country again, and the liquid gold under our feet will help us do this,”… Continue Reading

A few hours after US President Donald Trump’s inauguration, the Senate confirmed Marco Rubio for the post of US Secretary of State. He becomes the first Cabinet official of the new administration to be approved by the House. Following his confirmation, Rubio said that… Continue Reading

It is necessary to achieve a diplomatic means to end the war, but whether the peace will be stable and fair depends on what this diplomacy and security guarantees turn out to be, said President Zelenskyy at the World Economic Forum in Davos. “If diplomacy is strong,… Continue Reading

President Zelenskyy, at the Davos economic forum, called on the EU to increase weapons production, as it is important for both Ukraine and Europe. He said that at the beginning of the full-scale war, Ukraine was 90% dependent on US military aid, but now this figure has… Continue Reading

Minister of Agrarian Policy Vitaliy Koval noted that all state-owned agro-industrial enterprises and agricultural complexes should be privatized as soon as possible. New owners should be found for all state-owned enterprises whose activities duplicate the operations of… Continue Reading