Category: 9. Business
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AmCham and Deloitte survey results: How businesses in Ukraine are preparing for winter.
The vast majority (88%) of 139 companies, operating in various sectors of the Ukrainian economy, that participated in the survey are prepared for long-term power outages. 33% can provide their own energy supply for 24 hours or more. And 94% of respondents say they have a plan for surviving the… Continue Reading
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How will the real estate market react to the hryvnia’s further fall?
Until the end of the year, bankers forecast exchange rate fluctuations in the current corridor of ₴41.3-42 per $1. This coincides with the exchange rate calculations laid down in the state budget (₴42.1 at the end of the year). At the same time, the business community forecasts the average… Continue Reading
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Germany is giving Ukraine an aid package containing Leopard tanks and Gepard anti-aircraft guns and is preparing to provide another €1.4B in support by the end of the year.
The German government announced a new aid package for Ukraine, which included 22 Leopard tanks, 22 MRAP armored cars, five Bandvagn tracked all-terrain vehicles and one Warthog, three Gepard anti-aircraft self-propelled artillery installations, 61,000 155-mm artillery shells, one million rounds… Continue Reading
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Discussions on the short and medium-term strategies for winter survival and ending the war in Ukraine are multidirectional.
The primary and short-term tasks for Ukraine’s partners are to help restore its energy generation capacity before winter and repel the Russian offensive around Pokrovsk in the Donetsk region. The discussion regarding the medium-term perspective is not as unified, particularly in connection… Continue Reading
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Ukraine simplified the privatization of state-owned banks and is preparing to reform the Accounting Chamber.
The Ukrainian Parliament approved a draft law on the peculiarities of the sale of state-owned shares in the authorized capital of banks. The move expands the range of potential investors whom the state is ready to consider. The law allows the sale of any part of a state’s share in a bank (not… Continue Reading
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The National Bank of Ukraine kept the key policy rate unchanged at 13%.
This decision will contribute to the gradual return of inflation to the 5% target in the following years and support the foreign exchange market’s stability, the NBU reported. It is also aimed at maintaining interest in hryvnia savings and curbing demand on the foreign exchange market. These… Continue Reading
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The EU will help Ukraine secure 4.5 GW of generation capacity and will provide an additional €160M to get through the winter.
The EU will help Ukraine repair 2.5 GW of capacity this winter and export 2 GW of electricity to Ukraine. With these actions, the EU will cover more than 25% of Ukraine’s energy needs for the coming winter, Ursula von der Leyen, the head of the European Commission, said. The EU’s energy… Continue Reading
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Ukraine can become the titanium hub of Europe, but hundreds of millions of dollars are needed.
To replace Russia in the global supply of titanium, Ukraine will require years of construction and hundreds of millions of dollars of investment, said the chairman of the board of the United Mining and Chemical Company, (UMCC) Yehor Perelyhin. According to him, Ukraine and Russia currently play… Continue Reading
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The European Parliament calls for an embargo on Russian LNG and sanctions against Gazprom.
The European Parliament called on the EU to introduce a full embargo on Russian liquefied natural gas and sanctions against Gazprom and Russian oil companies. The MEPs advocate adding to the sanctions lists the Arc-7 ice-class ships that export Russian LNG and the rest of the shadow fleet, with… Continue Reading
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Russia produces more than 130 long-range missiles and 500 drones per month. Despite Moscow’s protests, Ukraine has been receiving ammunition from India for over a year.
According to Ukrainian intelligence, the aggressor produces 132-171 long-range missiles per month. This is about the same as used for the record shelling on August 26. The production rate of Shahed-136 drones is more than 500 units per month. Missile production costs the Russian Federation… Continue Reading