Category: 9. Business

If Ukraine’s budget gap increases in the next two years and the situation with external financing does not improve, a large-scale reduction in the NBU’s reserves and a sharp devaluation of the hryvnia will become inevitable. The devaluation of the hryvnia, in turn,…

The IFC and Ukrsibbank, whose shareholders include BNP Paribas Group and the EBRD, have announced the launch of a new €66M Risk Sharing Facility (RSF) to support medium- and large-sized enterprises in Ukraine. This initiative aims to provide critically needed financing…

Latvia has sent another 1,500 combat drones to Ukraine; in total, two Latvian companies will deliver 12,000 drones in the first half of the year. The drones are being provided as part of the drone coalition led by Latvia and Britain. Riga supplied Kyiv with around 5,000…

Anticipating further issues with US military assistance, the Ukrainian Army is significantly expanding their unmanned systems and drone usage to compensate for the lack of heavier weaponry. Announced in February, the new Drone Line program serves as a plan B should peace…

The Ukrainian real estate market is currently showing signs of stabilization and gradual recovery. In the primary market, prices continue to rise, driven not only by demand but also by an increase in building material costs due to the devaluation of the hryvnia,…

The new Park complex, featuring more than 4,500 square meters of space, will be located in Truskavets. Plans include several restaurants, a large grocery market, a spa, clothing and other household goods stores, an entertainment area, and an extended stay apartment…

Rebuilding Ukraine after the Russian-instigated war will be costly, with current estimates around £400B. As part of a peace deal advocated by US President Donald Trump, £225B ($300B) of Russian state assets frozen abroad could be allocated for this purpose, according…

According to Russian Foreign Minister Sergei Lavrov, among the Russian demands are:

1. Ukraine must not join NATO, remaining neutral and non-aligned.
2. International recognition of the “Russian affiliation of Crimea, Sevastopol, the ‘DPR’, ‘LPR’, Kherson region,…

Foreign Ministry spokesman Georgy Tykhyy stated that Ukraine will not recognize Crimea or any other part of its territory as Russian, will not agree to restrictions on its military or defense industry, and will not accept military assistance limitations from partners or…

Russian dictator Vladimir Putin has announced a new “truce” in the war with Ukraine, set to last for three days – from 00:00 on May 8 to 00:00 on May 11. The truce was proclaimed in connection with May 9, when Russia celebrates Victory Day in World War II. The…