Category: 9. Business

As of June 1, Deputy Defense Minister Anatoly Klochko stated that Ukraine’s missile program for 2025 is 47% complete. Funding sources for the development of the weapon come from the state budget, contributions from enterprises interested in the missile sector, and…

The EU and its G7 allies seek to gain the US’ consent to lower the ceiling price for Russian oil from $60 to $45 per barrel at the summit planned for June 15-17 in Canada, according to EU Special Representative for Sanctions David O’Sullivan.

“While I understand…

The European Commission plans to ban liquefied natural gas terminals in the EU from providing services to Russian companies starting January 1 2026. A transition period has been established for existing short-term contracts until June 17 2026, with long-term contracts…

During a meeting in Rome, the foreign ministers of Poland, France, Germany, Italy, Spain, and the UK, along with the EU High Representative, expressed their willingness to intensify pressure on Russia to compel it to agree to a ceasefire.

“We highly appreciate…

Ukraine may not receive up to €1.5B in aid from the EU due to its failure to achieve reforms envisaged in the Ukraine Facility program, say CES experts. The government has not fulfilled three structural milestones required by the program for the first quarter of 2025….

The funds placed by individuals in bank accounts in both hryvnia and foreign currency increased by 0.8% in May to reach a record ₴1.266T. According to the NBU, since the beginning of the year the volume of consumer bank deposits has increased by 4.4% from ₴1.212T….

The Poltava oil extraction plant of the Kernel agricultural holding has transitioned to renewable energy sources certified by international organization Bureau Veritas Group. The company will fully provide the plant with renewable energy sourced from sunflower husks,…

The EU Council has removed all additional inspections for beet, sunflower, rapeseed, and soybean seeds from Ukraine, recognizing that Ukrainian certification procedures comply with EU requirements. Consequently, seeds of these types produced in Ukraine and Moldova will…

As stated by UTG Director Yevgenia Loktionova during RAU Expo 2025, the current attendance level at regional shopping malls is 315 people per 1,000 square feet, while district shopping malls have an average of 552 people. Regional shopping malls cover an area of over…

“Germany will participate in the financing of long-range weapons (drones and missiles). We must provide the finances for this so that the Armed Forces of Ukraine can purchase materials. We planned to provide €4B in aid to Ukraine, then increased it to €7B and now…