Category: 9. Business

Deputy Minister of Defense of Ukraine Serhiy Boev met with Deputy Head of the EU Delegation to Ukraine Gediminas Navitskas to discuss funding for the defense-industrial complex in 2025 and 2026. Boev stated that to meet the planned weapon production levels by early 2026,…

Russia’s federal budget revenue from the oil and gas sector in January-July fell by 19% ($17B) compared to the same period last year, totaling $69.2B. The main reasons are falling oil prices, a stronger ruble, and a sharp decrease in gas exports to the EU.

As well,…

American aerospace company Firefly Aerospace stock increased by over 34% in price during its Nasdaq debut after the company’s shares were priced above the expected range. The company, which manufactures rockets and lunar landers, raised $868M in the IPO, with its…

Representatives from the Rivne Regional State Administration and British company Tellus Conservation discussed the possibility of implementing an investment proposal to establish a biochar production facility. The initiative involves using biomass waste from forestry and…

As of August 8, Ukraine has exported 2.135 million tons of grain and leguminous crops since the start of the 2025/26 marketing year, including 470,000 tons in August. Wheat exports totaled 1.091 million tons, and corn exports reached 706,000 tons. In comparison, by…

According to EY analysis, in the first quarter of 2025 all major tourist and business regions in Ukraine saw an increase in the average profitability per room. This growth resulted from several factors: higher demand for hotels, increased domestic tourism, and a rise in…

For the first time, Ukrainian startups have the opportunity to compete for funding from the European Commission independently from other European competitors. Recently, the EU announced a new competition focused exclusively on deep-tech teams from Ukraine. As part of the…

according to US Secretary of State Marco Rubio. He discussed the results of White House special envoy Steve Witkoff’s visit to Moscow. Rubio stressed that Ukraine should have a decisive role in the process, and the US aims to align Kyiv and Moscow’s positions more…

US President Donald Trump’s special envoy Steve Witkoff delivered a proposal for a ceasefire in Ukraine to Russian dictator Putin, in agreement with European capitals. This initiative marks the peak of the Trump administration’s policy toward Moscow and includes…

Russian presidential aide Yuri Ushakov announced an agreement has been reached on a meeting being held between the US and Russian leaders in the coming days. The meeting may take place in the UAE, with Qatar and Switzerland also being considered.

According to White House…