For the first time, Vladimir Putin has publicly addressed the destruction of bridges in Russia, attributing responsibility to Ukraine. He stated that negotiations are unfeasible in this context, claiming that the Ukrainian government is “degenerating into a terrorist…
Category: 9. Business
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Ukraine and the US are progressing on projects related to the mineral agreement.
The inaugural meeting of the fund’s governing board is set for late July, with the fund expected to begin operations by year’s end. Economy Minister Yulia Svyrydenko commented on their partnership to establish the American-Ukrainian Reconstruction Investment Fund,…
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Danish companies will receive a €20M guarantee from the EU for operations in Ukraine.
The European Investment Fund (EIF) and the Export and Investment Fund of Denmark (EIFO) have signed the first agreement under the EU’s Export Credit Guarantee Program for Ukraine, as reported by the Ministry of Economy. The program aims to support European companies…
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In 2025, Ukraine’s international partners will allocate €1.3B to be invested in the Ukrainian defense industry according to the Danish model.
Ukraine will receive €1.3B in 2025 under the Danish model to finance its weapons production. As a result of negotiations, Ukraine will receive the first tranche of €428M from Denmark, Sweden, Canada, Norway, and Iceland. These funds will soon be used to produce…
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The EU supports the notion of synchronizing sanctions with the US.
The EU is prepared to collaborate with the US to simultaneously impose sanctions on Russia to compel Russian dictator Putin to agree to peace talks, stated European Commission President Ursula von der Leyen. She noted that the EU is currently working on its 18th package…
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In the first half of 2025, Ukraine’s macroeconomic condition has worsened.
Analysts suggest that this decline stems from the exhaustion of recovery effects following the tough year of 2022, which became evident around the start of the second quarter last year. Essentially, the Ukrainian economy has reached its growth ceiling, unable to progress…
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The state has enhanced the process for establishing industrial parks, allocating ₴500M for their development.
Starting in 2025, the Ministry of Economy will start accepting applications for state support of industrial parks, through August 15. Last year, the government backed 15 parks with ₴1.1B, which funded 33 new industrial infrastructure projects. An additional ₴500M…
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Eco-Optima is investing €110M in another 100 MW wind farm in the west of Ukraine.
The land plot for this wind farm has already been leased from the city council near Belz in the Lviv region. The project has been in preparation for five years and is expected to generate up to 100 MW, enough to cover about 10% of the annual energy consumption of the…
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Exports of Ukrainian dairy products have almost doubled imports, indicating that the industry is thriving despite the war.
Last year, Ukraine exported 118,000 tons of dairy products, surpassing imports by nearly 100%. Export revenue reached $296.8M, an increase of 16% from 2023 and 20% from 2021. The largest export categories included powdered and condensed milk, which accounted for 25%, and…
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German logistics company HHLA has acquired a controlling stake in a multimodal terminal in Transcarpathia.
Hamburger Hafen und Logistik AG (HHLA) has purchased a 60% stake in the Eurobridge multimodal terminal, situated in the Transcarpathian region. This terminal in Batevo will operate as a joint venture entitled HHLA Eurobridge Batiovo, established by HHLA International…
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