Category: 9. Business

Construction materials producer Kovalska is currently completing preparations for the initial phase of its autoclaved aerated concrete plant in Western Ukraine. Originally slated to commence operations in August 2025, the launch has been deferred to late 2025 due to…

The European Commission has released a comprehensive plan to upgrade all of the railway connections across the EU. The plan states that by 2040, all major EU railway hubs should be linked by roads enabling speeds of 200 km/h, with most capable of reaching 250 km/h or…

In October 2025, Ukraine recorded substantial advancement in its vegetable oil exports, with total shipments valued at $619.5M, marking a 65.4% increase from September. Export volumes increased by 63%. Sunflower oil was the principal contributor, with both value and…

Naftogaz signed a memorandum with Greek company Atlantic-See LNG Trade S.A. for the supply of liquefied natural gas (LNG) from the US to Ukraine via Greek gas terminals and the Vertical (Trans-Balkan) Corridor. The new agreement will enable phased implementation of new…

The price gap between Russian Urals and Brent crude in Asia has reached its highest level in a year after major Indian and Chinese refiners reduced their purchases in response to sanctions affecting Russia’s leading oil companies. The price difference widened by $2 per…

The MoF reported that negotiations with a committee representing institutional investors holding approximately 35% of Ukraine’s GDP warrants, which took place from October 16 to November 5, ended without a resolution. The Ukrainian government proposed converting GDP…

According to Deputy Energy Minister Artem Nekrasov, Russia has adjusted its tactics and is now conducting simultaneous strikes on both generation facilities and electricity transmission and distribution networks. He noted that this strategy complicates efforts to quickly…

In Latvia, private funding from Ardelta led to the creation of Ardlat, a startup that produces FPV drones with fiber-optic control that are equipped with proprietary reels containing cables and communication modules. The company has developed several reel options with…

According to Deputy Prime Minister Taras Kachka, regardless of the decision, there will be no budget gaps for 2026-2027, as Ukraine’s partners have agreed on continued financial support. Meanwhile, Slovak PM Robert Fico reaffirmed Slovakia’s stance against using…

Global Ocean Link has announced plans to develop a specialized logistics center dedicated to the processing, packaging, and storage of mineral fertilizers that will span 6,000 square meters. The facility will initially offer storage for up to 30,000 tons of product, with…