Category: 9. Business
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Ukraine and 12 European countries unite in a new defense cooperation format.
Defense Minister Rustem Umerov announced the beginning of a collaboration with 12 countries within the Nordic Group-Ukraine framework, which will strengthen Ukraine’s security and provide support. Denmark, Sweden, Finland, Norway, Iceland, Estonia, Latvia, Lithuania,… Continue Reading
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International financial institutions will create $210M in risk-sharing mechanisms for Ukrainian enterprises.
The IFC, the DFC, and Raiffeisen Bank Ukraine will create two risk-sharing mechanisms for Ukrainian enterprises worth $210M. Assistance will be allocated to small, medium, and large companies in Ukraine. These funds will be directed to creating new jobs and business… Continue Reading
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The 2024-2025 export season is potentially more successful than the previous two.
The Ukrainian Agrarian Confederation believes that the current marketing year, from July 2024 to June 2025, may become more successful for Ukrainian grain traders and farmers than the previous two seasons. This depends on the continued operation of the grain corridor and… Continue Reading
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Housing is becoming more expensive in Ukraine; developers have started new projects.
In the third quarter of 2024, prices for residential real estate in Ukraine, compared to the same period in 2023, increased by an average of 11.7%. Prices for apartments on the primary market increased the most, according to the State Statistics Service. The prices on… Continue Reading
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Italy expands its cooperation with Ukraine in critical raw material supply chains and invests €200M to restore the Ukrainian energy system.
Ukraine and Italy signed an agreement to deepen their logistics cooperation in critical raw materials. Attracting investment and encouraging innovation in the sphere’s development is one of Ukraine’s priorities. This concerns promoting safe and sustainable practices… Continue Reading
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The largest EU economies will issue joint defense bonds to stop the Russian Federation’s “imperial ambitions.”
During a meeting of heads of foreign affairs from five EU countries, Germany, France, Italy, Spain, and Poland gave their support to a proposal to create joint European defense bonds to strengthen the bloc’s defense industry. The Minister of Foreign Affairs of Poland,… Continue Reading
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In the summer of 2025, a new semi-finished food product factory with 250 jobs will be opened in Ternopil Oblast.
According to the Office of Sustainable Regional Development, a new factory that will produce wafer sheets and other dough-based products (tartlets, waffle cups for ice cream, dessert trays, etc.) will start production in the summer of 2025. The Investment Office team… Continue Reading
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How have relocated Ukrainian businesses affected their new regions financially?
Since the beginning of the full-scale war in Ukraine, an enterprise relocation program has existed. For the regions where these companies have moved, this means additional jobs and tax revenue. According to analysis, in the Zakarpattia region in 2021, 61.5% of the budget… Continue Reading
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Metinvest will cooperate with the Italian government to construct a €2.5B steel plant.
Ukrainian mining and metallurgical group Metinvest and the Italian Ministry of Enterprises signed a declaration of cooperation aimed at the revival of industry in the city of Piombino. The construction of a €2.5B modern plant that will produce green steel is planned…. Continue Reading
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Putin is ready to freeze the war at the current front line on the condition that Ukraine renounces NATO.
Officials close to the Kremlin told Reuters that Russian dictator Vladimir Putin is reportedly ready to discuss with Donald Trump a ceasefire agreement in Ukraine and freezing the war in place. The “separation” of the Donetsk, Luhansk, Zaporizhzhia, and Kherson… Continue Reading