“This year has seen the emergence of new work areas. For instance, consortium lending enables funding for large-scale infrastructure projects. Banks, both private and state-owned, are collaborating to finance initiatives focused on economic development. I believe that…
Category: 9. Business
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A European building materials manufacturer plans to establish a plant in Western Ukraine.
Calmit GmbH from Austria, which specializes in lime and building materials, aims to construct a facility in the Batyvo community in Transcarpathia. Batyvo meets customer needs, such as its close proximity to the border, available connections to both broad- and…
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Ukraine has surpassed Russia in trade with Germany for the first time in its history.
The trade turnover between Ukraine and Germany has exceeded that of Russia’s for the first time, according to Vitaliy Ivashchuk, a representative of the Embassy of Ukraine in Berlin.
“In 2024, for the first time since 1992, when separate statistics have been kept for…
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Disregarding the war, ASVIO Investment Holding will acquire the Kraina insurance company.
The ASVIO Investment Holding compay, which owns Asvio Bank, announced the acquisition of the Kraina insurance company. The deal occurs during the full-scale war, amid high competition in the insurance market. The purpose of the purchase is to create a digital flagship in…
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The results of the G7 Summit: military support and a statement on the Russian-Ukrainian war.
President Zelenskyy, who cut his visit to Canada short following the deadly Russian attack on Ukraine and the departure of the US president from the summit, summarized the results of the meeting in Canada. According to him, decisions were made during the negotiations…
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Zelenskyy at the G7 conference: Russia has only intensified its attacks on Ukraine since the new US president came into power.
The rise in Russia’s use of drones during its attacks is the only significant change in its behavior following the transition of the US presidency, Ukrainian President Volodymyr Zelenskyy stated during a speech at the meeting of the G7’s leaders. He emphasized the…
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The conflict in the Middle East has slowed passage of new American sanctions against Russia.
The US Senate has postponed consideration of a bill to impose sanctions on Russia due to the conflict between Israel and Iran, as well as the need to pass Donald Trump’s tax reform package. Senate Republican Majority Leader John Thune stated that consideration of the…
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Trump will support arms sales to Ukraine if he considers it a “good deal” for the US.
Former US special representative for Ukraine negotiations, Kurt Volker, believes that US President Trump may agree to supply weapons to Kyiv if it appears to be a good deal for the US.
“For Trump, the main thing is a good deal. If he sees a benefit in this, he will…
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Ukraine’s accession to the EU will ensure a 26% increase in its GDP.
According to the Polish Economic Institute, Ukraine’s accession to the EU could serve as a powerful economic stimulus for both the country itself and its neighbors in Central Europe. It is anticipated that Ukraine’s GDP could grow by 26%, and neighboring countries,…
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International clothing retailers are actively entering the Ukrainian market.
Turkish fashion retailer LC Waikiki will join the tenant pool of the Cosmo Multimall shopping center in Kyiv in the fall. The company is returning to its development trajectory and plans further expansion in various regions of Ukraine. The new store will enhance the…
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