Category: 9. Business
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Lending to businesses and households in Ukraine has been growing for a year and a half; rates have been reduced for both loans and deposits.
According to the NBU, in the third quarter of 2024 loan portfolio volume increased by 22.4%. Hryvnia business loans grew by 6.9%, and individual loans increased by 9.7%. Loans in wholesale trade and the agricultural sector grew especially actively, and the share of small… Continue Reading
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Ukraine is working on a social housing project and plans to build 6,200 apartments this year; this is necessary for Ukrainians to return.
The pilot project from Ukraine’s Reconstruction Agency to provide social housing will begin this year. It envisages the construction of 6,200 apartments, the head of the agency, Serhiy Sukhomlyn, said at the ReBuild Ukraine conference. Social housing will be rented out… Continue Reading
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European businesses will invest in rebuilding Ukraine through the UIF.
At the first EU-Ukraine Investment Conference in Warsaw, the EU called on European companies to invest in Ukraine’s restoration and reconstruction. Interested European companies can submit their proposals by March 1, 2025. They will be considered and linked to… Continue Reading
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The European Commission has approved €300M in financing for five defense projects.
The European Commission approved funding for five defense projects, each of which will receive €60M. Most of the projects also include purchasing defense products for Ukraine, particularly air defense and missile defense systems and ammunition. Joint purchases are… Continue Reading
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An international tobacco products producer plans to restore its 28.5% share of the Ukrainian market in one to two years.
Philip Morris International (PMI) lost about half of its 28.5% Ukrainian market share after the war began , which led to the closing of its factory near Kharkiv. So far, the company has restored about 26% of its market share, and a full recovery is expected in one or two… Continue Reading
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International manufacturers of building materials are buying up land in Ukraine to construct industrial facilities for Ukraine’s reconstruction.
According to CBRE Ukraine, many international companies producing building materials, in anticipation of the post-war rebuilding of Ukraine, have already acquired or are in the process of acquiring land for the construction of production or logistics facilities. Several… Continue Reading
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Despite production restrictions, the global oil market will face a daily surplus of one million barrels next year.
This will happen even if the OPEC+ oil cartel decides to maintain current production restrictions, the International Energy Agency (IEA) reports. China is one of the key reasons for the expected surplus because its oil demand has fallen for six straight months, and in… Continue Reading
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After the inauguration, Trump may move to eliminate Russian oil and gas industry earnings.
The Russian Federation still makes a great deal of profit from oil and gas supply to EU countries, but this may change after Donald Trump takes office as the US president. Trump is anticipated to provide support for the US oil and gas industry to stimulate the production… Continue Reading
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Trump invites Musk and Ramaswamy to lead the newly created DOGE advisory commission and will appoint new heads for the Pentagon and CIA.
US President-elect Donald Trump announced that billionaire Elon Musk and former presidential candidate and pro-Russian businessman Vivek Ramaswamy will lead the new non-governmental Department of Government Efficiency (DOGE). Musk and Ramaswamy will work outside of… Continue Reading
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The US sent Ukraine 67% of the promised air defense equipment and 83% of promised ammunition, and more than $9B for military aid remains.
Pentagon spokesman Pat Ryder stated that after the US Congress approved additional funding and by mid-October, the US had delivered 83% of critical ammunition to Ukraine, including 155 mm artillery shells, GMLR, Patriot and NASAMS anti-aircraft missiles, and rockets…. Continue Reading