According to the NBU, in the first quarter of 2025 the banking sector reported ₴40B ($955M) in profit, with state-owned banks, including PrivatBank, generating 65.7% of this amount. Last year, banks achieved ₴103.7B ($2.55B) in net profit, driven by increased volumes…
Category: 9. Business
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In May, business sentiment in Ukraine stabilized, but exporters’ anxiety is increasing.
According to the Institute for Economic Research, the business activity recovery index in Ukraine in May was unchanged from April, remaining at 0.13. However, analysts observed the following trends:
- The highest uncertainty over the next three months is reported among…
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Germany is co-financing three drone production projects in Ukraine.
According to German expert and senior researcher at the Munich Security Conference, Nico Lange, Berlin is investing in these three drone production initiatives. “These are not new projects; they do not copy Taurus or anything like that… These are three projects that…
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Ukrainian agribusinesses are entering new markets both abroad and domestically.
Experts indicate that Dutch traders are interested in importing Ukrainian frozen berries. However, establishing direct supplies to a Dutch supermarket chain is challenging without the assistance of traders. At the same time, traders are focusing on organic berries and…
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The EU will not lower the price ceiling for Russian oil without G7 support.
The bloc will not independently reduce the price ceiling for Russian oil from $60 to $45 per barrel, as this initiative is unlikely to gain support from the G7 countries. The proposal to lower the price ceiling was previously included in the draft of the 18th package of…
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Some Ukrainian private equity firms have delivered better returns than anticipated.
In 2024, UMGI’s portfolio companies demonstrated significant growth, generating $262.21M in gross revenue, nearly 1.5 times higher than the previous year. That year, the private equity firm focused on strategically supporting its current portfolio, expanding its…
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Developers are abandoning new luxury housing projects in Ukraine: Sales have slumped, and prices in Kyiv have dropped by 30-50%.
Sales of premium real estate in Ukraine have decreased by half. Prices for luxury apartments in Kyiv have also declined by 30-50%, while construction costs have risen, said Artur Mkhitaryan, CEO of the Taryan Group development company. While speaking with regard to these…
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The US has declined to provide an additional $300M in aid to Ukraine.
The US House Appropriations Committee approved the defense budget for the 2026 fiscal year, maintaining defense spending at 2025’s level and refusing to allocate an additional $300M for aid to Ukraine. Consequently, US defense spending in 2026 will total $832B….
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Putin has declared his readiness to continue “peace talks”; Ukraine supports the initiative if it is substantive.
Russia is prepared to continue direct negotiations with Ukraine after June 22, Russian President said during a 50-minute telephone conversation with US President Donald Trump. Trump, in turn, emphasized his interest in ending Russia’s war against Ukraine as soon as…
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The Armed Forces of Ukraine have stopped the Russian offensive in the Sumy region.
According to Ukrainian President Volodymyr Zelenskyy, the maximum depth of the fighting is currently seven km from the border of the Sumy region. However, the Russian advance in the region has been stopped, and the village of Andriivka is back under the control of the…
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