Last week, Fursy and City of Action were added to the official industrial park registry. Located in the Kyiv region, Fursy spans over 11 hectares and is expected to create approximately 500 jobs, with nearly ₴992M anticipated for its development. This site will support…
Category: 9. Business
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Ukraine is satisfied with 90% of the security guarantees its allies are offering.
President Zelenskyy announced a step forward in the issue of Ukraine’s security guarantees, noting that there will be guarantees from the US, which will be approved by the US Congress. He also emphasized European security guarantees, with which Ukraine is 90%…
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The EU extends its economic sanctions against Russia, and the US calls for Russian tankers to be seized.
In response to the ongoing conflict in Ukraine, the EU Council has prolonged its sanctions on Russia for an additional six months, and they now will be in effect until July 31 2026. These measures encompass various sectors, including trade, finance, energy, technology,…
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Britain has stepped back from its plan to transfer £8B in frozen Russian assets to support Ukraine.
The UK had only intended to act alongside partners including the EU, Australia, and Canada, but dropped the initiative after the EU refused to support it. The one exception is Russian oligarch Roman Abramovich’s £2.5B obtained from the sale of the Chelsea Football…
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Since 2022, Russia has lost over a million troops, either killed or wounded, to take approximately 1% of Ukrainian land.
Speaking in the House of Commons, the Minister for Defense Industries, Luke Pollard, cited a shocking assessment by British intelligence: “Russia has suffered more than one million casualties (killed or wounded) to capture only about 1% of Ukrainian territory since…
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Ukraine has developed a mixed model of defense production, in which the government and private sector collaborate competitively.
At the start of the full-scale war, the Ukrainian defense industry supplied only 10% of the needs at the front, prompting a major transformation. Demand increased dramatically, requiring the army to adopt completely new solutions such as various types of drones, secure…
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The EU will significantly boost bond issuance to provide Ukraine with a €90B loan.
Investors in the EU’s shared debt are preparing for a substantial increase in securities coming into the market in the coming years. This stems from Brussels’ plan to raise borrowing to deliver financial aid to Ukraine. The bloc’s leaders have agreed to allocate a…
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Four countries have authorized two new natural gas supply routes to Ukraine.
Energy regulators from Greece, Bulgaria, Romania, Moldova, and Ukraine have approved these routes, which will remain operational until April 2026. Route 2 and Route 3 facilitate the transportation of natural gas from Greece and Azerbaijan to Ukraine, as stated by the…
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This year, Ukraine has commissioned over two GW of new energy capacity.
By 2025, the country is expected to have constructed and brought online more than 1,000 MW of solar power, approximately 500 MW of gas generation, and around 500 MW of energy storage capacity. Significant efforts have been undertaken throughout the year to enhance the…
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Factories, innovation, and marketing: Nestlé’s ₴9.5B investment in Ukraine.
According to Nestlé executive Alessandro Zanelli, the company has invested ₴9.5B in Ukraine this year, building upon three decades of focused efforts in the country. Over its 30-year presence, Nestlé has prioritized key areas including manufacturing facilities,…
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