After the introduction of currency liberalization, NBU Chairman Andriy Pyshny said during an investment forum that $23M was repatriated from Ukraine for loan repayment. He explained that the liberalization increased the limit on capital withdrawal from Ukrainian…
Category: 9. Business
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The EU has committed to eliminating Russian gas imports by 2027, helping Poland and Greece to assume roles as primary fuel suppliers in the region.
On December 10, EU ambassadors approved a plan, according to a spokesperson from Denmark, which holds the current EU presidency. Under this new policy, the EU will stop buying Russian LNG by the end of 2026 and phase out pipeline gas shipments by September 2027. New…
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The EBRD will invest up to €60M in Amber Dragon Ukraine Infrastructure Fund I.
The EBRD will make a direct investment of up to €60M in the Amber Dragon Ukraine Infrastructure Fund I, a broad-based infrastructure fund with a total volume of €350M. As Dragon Capital top manager Yevgen Baranov noted at an investment forum, the company will soon…
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A plant that will produce ready-made meals and semi-finished products is being constructed in the Kyiv region with an investment of ₴200M.
Construction has begun on a large Neo Food System facility covering over 4,000 square meters. The plant’s designed capacity will enable it to produce 60,000 ready-made meals every day. It will manufacture various types of dishes, including chilled and ready-to-eat…
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The IFC will acquire stakes in two Ukrainian insurance companies.
The International Finance Corporation (IFC), a part of the World Bank Group, plans to acquire approximately 20% equity interests in Knyazha Vienna Insurance Group and Ukrainian Insurance Group – both subsidiaries of the Austrian-based Vienna Insurance Group (VIG). This…
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Despite challenges, businesses plan to expand their staffs and attract investments.
According to the results of a study by the KPMG consulting company, which covered 92 top company managers, the main challenges facing Ukrainian businesses remain geopolitical instability, the war, and personnel shortages. Of those surveyed, 20% plan to increase their…
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The US is attempting to distance Zelenskyy from European leaders and is pressuring him to accept territorial compromises.
Despite weeks of intense diplomatic talks, many Ukrainians feel that parts of the current US peace proposal favor Russia, and that the pressure on Zelenskyy far exceeds that which is being exerted on Putin. Significant questions about territory remain: Who will have…
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Trump: Russia holds a stronger position in negotiations.
US President Donald Trump has stated that Russia currently maintains a more powerful negotiating stance than Ukraine. In an interview, he noted that Russia is making advances on the battlefield and suggested that President Zelenskyy should reconsider his approach and be…
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The G7 countries are considering whether to allow the use of Russian assets to assist Ukraine, and London expects a decision soon.
The G7 nations have not ruled out fully utilizing Russia’s frozen sovereign assets to fund aid for Ukraine. They promised to continue working on various options to support Ukraine, including using Russian assets, and to apply pressure on Moscow if peace talks fail….
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The UK to invest £17M in Ukrainian green technologies.
The UK and Ukraine have announced the launch of the InnovateUkraine program’s second phase, which will support 14 innovative green technology projects with an investment of £17M ($22.6M). The projects will help develop low-carbon solutions that address Ukraine’s…
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