Last year, Lemtrans transported 15.9 million tons of cargo and aims to establish a container terminal in Fastiv (Kyiv region) that will serve as a strategic logistics hub for both the region and the country. The terminal’s opening will optimize logistics chains, expand…
Category: 9. Business
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Ukraine is seeking an investor for oil and gas fields in western Ukraine, while Ukrnafta will develop a hydrocarbon field previously claimed by Chevron.
The government has approved two competition proposals for two areas in western Ukrainian oil and gas fields in the area of Mezhyhirsk and Svichansk, located within the Lviv, Ivano-Frankivsk, and Chernivtsi regions. The proposed cooperation will take place under a…
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The Czech Republic has transferred all its Soviet-style tanks to Ukraine.
Recently, Czechia completed the transfer of all its Soviet-style T-72M1 tanks to Ukraine after decommissioning them. The Czech Republic once possessed 86 T-72M1 tanks, which it inherited from the Czechoslovak Republic era. Some were eventually upgraded to the T-72M4…
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The EU has offered Trump a trade truce, but the White House demands financial “reparations” and $350B in energy purchases.
On April 7, EU ministers agreed to prioritize negotiations over countermeasures in response to US President Donald Trump’s tariffs, which impact 70% (€380B) of total European exports. European Commission President Ursula von der Leyen stated that the EU is ready to…
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Goldman Sachs has estimated the probability of a peace agreement in Ukraine to be 70%, but the ZNPP may be a problem.
American investment bank Goldman Sachs stated that bond prices suggest that the markets have assessed a 70% probability of a peace deal in Ukraine. This current estimate is notably higher than the figure before US President Donald Trump’s election in November 2024,…
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Czechia spent €8.2B on Russian oil and gas last year despite the availability of alternatives.
According to the CSD, the Czech Republic’s expenditure of over €8.2B on Russian hydrocarbons in the previous year is 500% greater than the aid it has provided to Ukraine since the onset of the full-scale Russian invasion. The country possesses the infrastructure,…
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Belgium will provide Ukraine with €1B in defense aid and two F-16s this year, while Norway is allocating over $332M for ammunition.
Belgium will contribute a €1B defense aid package to Ukraine. Prime Minister Bart de Wever specified that the funds will be utilized to purchase weapons and enhance the Ukrainian defense industry, particularly the production of new types of weapons. Belgium will also…
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ICU downgrades Ukraine’s economic growth forecast to 3% for 2025, down from the previous outlook of 3.4%.
A report from the ICU investment company notes that Ukraine’s real GDP increased by only 2.9% in 2024, significantly below market expectations and their earlier forecasts. Economic growth weakened considerably last year due to a steep decline in the harvest, affecting…
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Despite the insignificant impact of Trump’s tariffs on Ukraine, it is ready to zero out tariffs on American products and negotiate with the US.
For Ukraine, the predominant negative consequence of the global trade war may be lower volumes of macro-financial assistance from European partners economically weakened by tariffs. In addition, Ukrainian exports will be suppressed by lower global prices for raw…
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Ukrainian cement and concrete producers are poised to increase their capacity to meet reconstruction demands.
According to CBR, even amidst high uncertainty with reduced international financing and severely limited Ukrainian budget resources, cement producers and consumers are ready to quickly restore and expand their production capacity, willing to invest to meet the…
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