Category: 9. Business

Business centers in Lviv are going through difficult times in the third year of the war, and vacancy rates have increased to 34%. Falling rental demand has led to a 21% drop in prices year-on-year to $7-16 per square meter per month (excluding VAT and OpEx). Class A… Continue Reading

French President Emmanuel Macron and British Prime Minister Keir Starmer are set on convincing US President Joe Biden to allow Ukraine to launch long-range Storm Shadow missiles into Russia before he leaves the White House. According to British government sources, the… Continue Reading

The Russian military has gathered 50,000 troops, including North Korean soldiers, to retake the territories captured by Ukraine in the Kursk region. Russia has accumulated forces without needing to withdraw its troops from eastern Ukraine, allowing Moscow to exert… Continue Reading

The ongoing IMF mission to Kyiv ends on November 18, with discussions expected to continue virtually after that,” said an IMF resident representative in Ukraine, Priscilla Toffano. The International Monetary Fund began its latest assessment of its loan program with… Continue Reading

The accumulation of debt owed to producers in the renewable energy sector hinders the construction of new capacities, which are critically important for overcoming Ukraine’s electricity shortage, said Volodymyr Omelchenko, director of energy programs at the Razumkov… Continue Reading

Mauro Longobardo, CEO of metallurgical giant ArcelorMittal Kryvyi Rih, said that the company is recovering from the losses of the previous two years but has not yet broken even. In 2024, the plant lost more than $50M due to the war and had no choice but to change the… Continue Reading

According to the NBU, Ukraine is expected to receive about $42B in international financing for 2024, $38B in 2025, and $25B in 2026. By the end of 2024, Ukraine will receive $4.8B under the SPUR program and administered through the World Bank, supported by $1.6B in US… Continue Reading

Small and medium-sized enterprises (SMEs) are the backbone of Ukraine’s economy, creating jobs and providing much-needed goods and services. Because of the war, commercial lending in Ukraine has become more risk-averse, and SMEs lack access to the financing needed to… Continue Reading

This week, the European Parliament is preparing to adopt a resolution calling for more “targeted” measures against the Russian Federation’s shadow fleet. Russia’s continued evasion of sanctions provides income and creates the risk of an environmental disaster…. Continue Reading

The EFI Group plans to build the glass factory in the spring of 2025. “This is a very complex project; we have been working on it for two years. I hope that by the end of the year we will be able to announce the start of construction,” according to the company. The… Continue Reading