Category: 9. Business

The Kursk operation is part of Ukraine’s Victory Plan, demonstrating that the Ukrainian military can go on the offensive. In addition, it has already shown “some results,” said President Zelenskyy. “It slowed down the Russians and forced them to transfer part of their forces to Kursk,… Continue Reading

US vice-presidential candidate JD Vance’s idea that the war can be ended by Ukraine surrendering its territories to Russia is unacceptable, President Zelenskyy said. “Such a scenario would have no basis in international norms, in the UN charter, in justice. And it will not necessarily end… Continue Reading

Over the past year, more than $4B of Ukrainian arms were produced, and every second piece of ammunition on the front is Ukrainian made. In 2023, the Ukrainian share of ammunition was 18%, and in 2024, it has risen to 41%, Minister of Defense Rustem Umerov said. Ukraine has also significantly… Continue Reading

In the first half of the year, revenue from electronic communications operators in Ukraine increased by 11%, reaching ₴52.4B. The main components of this growth were mobile communication services, which brought in ₴31.8B (+4% compared to the corresponding period last year). Income from the… Continue Reading

Yuriy Korolchuk, an expert at the Institute of Energy Strategies, noted that the existing generation that survived Russian missile attacks will be able to produce about 11 GW of electricity. Thus, the deficit this winter is expected to be 4-5 GW. He explained his forecast by saying that only… Continue Reading

The MHP agricultural holding’s top manager, Adomas Audickas, said: “If the open markets and buyers are found, Ukraine will be able to export about 100 million cubic meters of biomethane per year from five plants by the end of the year. From our two plants, we can export 35 million cubic… Continue Reading

According to energy think tank Ember, 593 GW of solar generating capacity will be added by the end of the year, 29% more than last year. These figures are almost 200 GW higher than the International Energy Agency’s main forecast released in January. SolarPower Europe raised its global… Continue Reading

Construction company Intergal-Bud announced the launch of two new projects with a total area of ​​about 190,000 square meters that will break ground by the end of 2024, said Anna Laevska, Intergal-Bud’s commercial director. She clarified that these projects include another phase of the… Continue Reading

French startup Jump attracted €11M of investment in a Series A round. Among the investors is the Ukrainian venture fund Roosh Ventures. Pan-European fund Breega led the round, and Index Ventures, RAISE Seed for Good, and others also participated. The startup’s valuation and the check size… Continue Reading

The President of the EC, Ursula von der Leyen, announced the allocation of a €35B loan to Ukraine on September 20. This loan is part of a $50B loan announced by the G7 countries and guaranteed by profits from frozen Russian assets. Ukraine does not have to repay the loan because the future… Continue Reading