Since the beginning of 2021, over 30,000 land plots have been sold through the state electronic system Prozorro.Sales, with the total value of the agreements reaching ₴8B ($190M). According to the Ministry of Economy, this total was formed based on the results of land…
Category: 9. Business
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Apartment prices in Ukraine have experienced considerable growth over the past year, rising by 24% overall.
In Kharkiv, the median price for a one-room apartment in October reached $21,000, representing a 16% increase compared to the previous year. Dnipro occupies second place among the most affordable cities, with a one-room apartment priced at $26,000 and a growth rate of…
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More than $5B in US weapons exports needed to support NATO allies and Ukraine have been delayed by the US government shutdown.
A State Department senior official mentioned that the move was actually harming allies, partners, and US industry. Arms shipments, including AMRAAM missiles, Aegis, and HIMARS combat systems, have been paused to allies including Denmark, Croatia, and Poland. The final…
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The Kremlin expresses its intention to end the war in Ukraine, but only after it fulfills its objectives.
On November 10, Kremlin spokesperson Dmitry Peskov communicated Russia’s preference for an expedited resolution to the war in Ukraine, noting that current efforts have reached an impasse. He reaffirmed that Russia is prepared to end hostilities upon achievement of its…
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President Zelenskyy outlined Ukraine’s strategic initiatives to secure its airspace against advanced missile and drone threats.
The plan includes the deployment of the Sky Shield system and interceptor drones, which are being co-developed by Kyiv and London. Ukrainian experts have accumulated significant expertise during the ongoing conflict and are collaborating with partners such as the UK and…
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Amid Russian aggression, NATO is deploying an anti-drone system that has been tested in Ukraine along its eastern flank.
Poland and Romania have started deploying a new system designed to defend against Russian drones after several incursions into NATO airspace. The system is the American Merops system, compact enough to fit in the back of a pickup truck. It can detect, track, and destroy…
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Ukrainian oligarchs have been ordered by a London court to pay $3B in a fraud case.
A London judge mandated that two former Ukrainian billionaires pay over $3B after finding them liable for a fraud that caused billions in losses to the state-owned lender Privatbank. The bank sued Igor Kolomoisky and Gennady Bogolyubov in 2017, accusing the former…
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Ukraine’s power system has lost at least one GW in generation capacity following recent Russian attacks.
On November 10, Russian forces targeted and damaged energy infrastructure across several regions of Ukraine. On November 9, three Russian drones struck the Clear Energy biomass CHP plant in the Chernihiv region. Commissioned in 2016, this facility was Ukraine’s first…
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China has become a renewable energy superpower; the EU could save €250B annually through electrification.
China has installed nearly 900 GW of solar capacity, surpassing the total capacities of Europe and the US combined. Last year, China produced 1,826 TWh of electricity from solar and wind, 400% more than the energy equivalent of all its nuclear warheads. China has become…
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The business climate index has increased across Ukraine, with the highest scores in the West.
In the western part of the country, most entrepreneurs find the conditions for doing business satisfactory, while in other regions, the outlook is less optimistic, according to a survey by the EBA. To illustrate, in Lviv, 65% of entrepreneurs rate the conditions as…
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