Category: 9. Business

Excalibur Army, part of the Czechoslovak Group holding, has opened a representative office in Ukraine and is preparing to begin ammunition production in the country. This move will help boost production capacity and strengthen defense cooperation with Ukraine. The office…

Using frozen Russian assets to strengthen Ukraine’s economy and defense is a legitimate and necessary step, but Europe needs to act immediately to seize them, says French Hill, the chairman of the U.S. House of Representatives Financial Services Committee. He believes…

Politicians are also advocating for more air defense aid in a joint letter to German Chancellor Friedrich Merz written by representatives of the Green Party. Specifically, they are dissatisfied with the small increase in the military budget earmarked for Ukraine, from…

German Defense Minister Boris Pistorius plans to establish a sustained effort to aid Ukraine’s air defense, said Mitko Müller, a spokesman for the German Defense Ministry. He explained that this continues last year’s Immediate Action on Air Defense initiative,…

“We anticipate the signing of defense sector agreements with Ukrainian and international partners in production, innovation, and technology,” according to the Ministry of Economy. The team from the Ministry and the European Commission also aim to announce 18 programs…

The EBRD announced a large-scale package of projects to be launched at the Recovery Conference in Rome on July 10-11. The bank will reveal the creation of the Ukraine FIRST fund, which will manage a unified portfolio of recovery projects for Ukraine. Additionally, the…

Inflation peaked in May 2025 and began to decline in June, according to the NBU’s Macroeconomic and Monetary Review. In May, consumer inflation accelerated to 15.9% annually due to a larger-than-expected increase in raw food prices. However, in June overall inflation…

According to The Economist, Russia’s state-owned enterprise Rosatom controls about 65% of the global market for nuclear reactors used in power plants. Russia also leads in enriched uranium, holding 44% of the world’s enrichment capacity. Last year, the EU imported…

The Cabinet of Ministers approved a new procedure for implementing the Grants for Processing Enterprises program, introducing a new direction. Now, processing enterprises affected by Russian aggression can receive up to ₴16M ($380,000) for the purchase, delivery, and…

In the village of Smolyhiv, Volyn region, the Swiss multinational conglomerate has established a new factory, completing an investment project. The first production line became operational after two years of preparation, following an investment of CHF 40M ($50M). The…