Category: 9. Business

According to the Ukrainian military, “Moscow managed to take advantage of Kyiv’s decision to redirect its troops to the Kursk region.” Kyiv’s plan with the Kursk offensive was to force Russia to transfer some of its troops from the Donetsk region, “however, this did not happen.”… Continue Reading

A newly adopted draft law, which obliges publishing the prices of building materials in all public procurements, is an essential anti-corruption step to ensure more transparent use of budget funds and all types of international aid, opines the Ukrainian League of Industrialists and… Continue Reading

President Zelenskyy said that Russia’s war against Ukraine may end sooner than many expect and emphasized the importance of strengthening the Ukrainian army. “The Victory Plan is to strengthen Ukraine. We are asking our allies to continue their support. This is critically important. I… Continue Reading

The Minister of Economy reported that the Cabinet of Ministers has registered the new Kalush Production industrial park in Kalush, Ivano-Frankivsk region. The park’s production capacity includes the manufacture of chemicals and their products, furniture, finished metal products (except… Continue Reading

Elementum Energy, owned by VR Capital, plans to build wind power plants with a capacity of about 400 MW in the south and west of Ukraine in the coming years.  Elementum Energy previously announced the construction of three wind farms in the Odesa region with a total capacity of about 58.5 MW:… Continue Reading

Fourteen global banks, among the largest financial organizations in the world, have pledged to increase their support for tripling global nuclear energy capacity by 2050. More than 20 countries, including Ukraine, supported the COP28 declaration on the expansion of nuclear energy capacity…. Continue Reading

Minister of Agriculture of Bulgaria Giorgi Takhov said that the EC should ban the import of Ukrainian eggs to Bulgaria. In the first half of 2024, exports reached 2,618 tons, 400% higher than last year. The announced import prices are much lower than the prices of Bulgarian eggs, which puts… Continue Reading

Ukraine should prioritize the development of green energy with specific decisions and actions that will stimulate investors to invest in this industry and reduce the energy deficit, said the top manager of German Notus Energy, Oleksandr Podprugin. According to him, donors and investors who work… Continue Reading

Democrats and Republicans in the US Congress have almost agreed on a one-year extension of the deadline for the US administration to spend $5.8B that have been previously allocated for Ukrainian military aid. Last spring, Congress approved a $61B military aid package to Ukraine, including $7.8B… Continue Reading

The Prime Minister of Ukraine, Denys Shmyhal, made this proposal at a meeting with the President of the European Commission, Ursula von der Leyen. “We expect to launch a financial instrument for Ukraine in the new EU budget for 2028-2034. We proposed to increase the financial offer from… Continue Reading