Category: 9. Business
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The project to supply electricity from Polish TPPs to Ukraine is a non-starter.
Poland’s electricity production project for Ukraine has not yet started to be implemented. In July, Polish Prime Minister Donald Tusk announced the possibility of producing electricity for Ukraine at Polish TPPs. At that time, there was talk of constructing a second power transmission line… Continue Reading
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Ukrainian and Czech companies jointly launch a €75M wind farm, western Ukraine’s largest.
Total investment in the Skoliv wind power plant, built in the mountainous area of the Lviv region with a 54.6 MW capacity, amounts to €75M. Ukrainian company Eko Optima and Czech MND implemented the project with the support of Ukreximbank. The wind farm’s development began in 2021,… Continue Reading
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The summer shelling doubled the demand for housing in new buildings.
In August, the demand for apartments in new buildings fell by an average of 40-50% compared to July, according to industry experts. However, after the restoration of uninterrupted power supply, interest in new buildings began to revive. In mid-September, demand significantly improved and is… Continue Reading
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Summer shelling halved the demand for housing in new buildings.
In August, the demand for apartments in new buildings fell by an average of 40-50% compared to July, according to industry experts. However, after the restoration of uninterrupted power supply, interest in new buildings began to revive. In mid-September, demand significantly improved and is… Continue Reading
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The US and the EU cannot agree on the details to provide $50B to Ukraine; the plan’s success is logistically and politically unlikely.
The NYT notes that officials from the US and the EU are trying to secure a $50B loan for Ukraine by the end of the year. A decision should be reached before the presidential elections in the US, which Donald Trump has a high chance of winning. However, differences in the legal systems of the…
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Pistorius expects the German government to allocate an additional €500M to supply weapons to Ukraine this year.
German Defense Minister Boris Pistorius said that negotiations to increase the current Ukrainian aid budget for this year, which currently stands at €7.5B, are “very promising” and are likely to be completed by the end of the week. “Then we will be talking about a significant sum of… Continue Reading
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At the end of the summer, economic growth accelerated in Ukraine.
In August, the Ukrainian economy grew by 3.5% (±1%) compared to August last year. Based on the results of eight months of the year, GDP growth is estimated at 3.9% against the corresponding period of 2023. As the Minister of Economy Yuliya Svyridenko explained, the main contribution to this… Continue Reading
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Ukraine destroyed a year’s worth of enemy missiles and a warehouse worth almost $40M in the Tver region.
In the village of Toropets in the Tver region of the Russian Federation, Ukrainian drones destroyed a Russian missile depot worth ₽3.6B ($39.2M). The facility housed the Main Missile and Artillery Directorate’s arsenal. This is one of the 13 warehouses the Russian Ministry of Defense built… Continue Reading
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Companies financially confirm their intentions to build energy storage systems in Ukraine.
As reported in Ukrenergo, 11 out of 13 winning companies in relevant auctions have deposited funds into escrow accounts. In this way, the companies financially guaranteed the construction of 99 MW of power plant capacity, which will be available to the power system in a year. By August 15 2025,… Continue Reading
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The new composition of the European Commission demonstrates its firm support of Ukraine.
The position of Defense Commissioner has been created in the EU and former Prime Minister of Lithuania Andrius Kubilius, an ardent supporter of Ukraine, is the first to hold it. “For those who claim that Ukraine should agree to Putin’s peace terms, I would suggest that they consider… Continue Reading