Category: 9. Business

On Thursday June 12, two special investment agreements were executed between the Cabinet of Ministers, the Slavsky Village Council (Lviv region), and investors – the Slavsky and Rozhanka Park companies. These companies will implement the investment project, totaling…

This is the first time the Moscow-friendly leader has visited Ukraine during his 12 years in office. Senior officials from 12 Southeastern European nations joined the summit, hosted by President Zelenskyy. During the meeting, Vucic, who has met Zelenskyy at least three…

This set of EU sanctions includes proposals to impose restrictions on nine individuals and 33 legal entities, focusing on Russian and foreign firms that assist the military-industrial complex, including the Russian Direct Investment Fund. Moreover, it seeks to impose…

Rosstat reports that in the first quarter of 2025, net profit for these companies fell by nearly half. Within three months, Russian oil and gas firms, which account for 33% of the budget, generated ₽789.5B, down from ₽1.45T the previous year. Russian oil…

The draft communiqué for the NATO summit set for June 24-25 in The Hague is notably concise and largely avoids mentioning Ukraine, concentrating instead on boosting defense spending. This document starkly contrasts with last year’s lengthy version, which spanned over…

On the night of June 11, Ukrainian drones launched a substantial strike on the Tambov gunpowder facility. Local residents reported hearing at least 15 explosions accompanied by a fire, likely ignited by one of the ammunition warehouses. The Tambov gunpowder plant is the…

Ukraine’s Minister of Finance, Serhiy Marchenko, and Mark Bowman, VP of the EBRD, have agreed to continue these initiatives, which are aimed at strengthening Ukraine’s energy security. During their meeting in Kyiv, they reviewed the progress of ongoing projects and…

Auditors identified several risks to economic stability, including a decline in the number of individual entrepreneurs, volatility in the foreign exchange market, and inflationary pressures. Olga Pishchanska, Head of the Accounting Chamber, stated that executing the…

The updated World Bank forecast notes that discussions on a potential ceasefire between Russia and Ukraine began earlier this year; however, the prospects for a long-term settlement remain uncertain. Ukraine’s economic growth is expected to rise to 5.2% by 2026. This…

AgHoldCo will implement a large-scale project that will involve building hundreds of grain silos in Ukraine with a total capacity exceeding five million tons for simultaneous storage, as well as creating extensive logistics and processing hubs, said AgHoldCo co-founder…