The Ministry of Finance of Ukraine is approaching the preparation of the state budget for 2026 from the most cautious position: The simplest option is to plan for the war to persist for the entire year, said head of the Ministry of Finance Serhiy Marchenko. According to…
Category: 9. Business
-
BGV Group is set to concentrate on utilities and energy, allocating $147M for investment.
BGV Group Management has authorized five energy projects. Additionally, the company is gearing up to launch an energy service company, which will allow it to tap into the promising market for enhancing utility network energy efficiency. The utility infrastructure market,…
Continue Reading
-
Agricultural enterprises ranked as the most unprofitable sector in Ukraine during the first quarter.
In Q1 2025, large and medium-sized businesses reported a total financial outcome of ₴241.2B, ₴12.4B or 4.9% lower than the previous year’s figure of ₴253.6B for the same period. Approximately 38% of the total positive financial outcome was driven by industrial…
Continue Reading
-
Farmers predict a 10% decrease in this year’s harvest.
This year, Ukraine’s agricultural sector expects a decrease in the gross harvest of grain and industrial crops by approximately 10% compared to last year, said Pavlo Koval, Director General of the Ukrainian Agrarian Confederation.
“Reseeding of part of the area,…
Continue Reading
-
A Ukrainian mineral water manufacturer has begun construction of a new plant in the Lviv region.
Mineral water producer Karpatska Dzherelna, a subsidiary of Karpatski Mineralni Vody, has begun construction on a new facility near the village of Khmeleva. The enterprise’s area will cover approximately 15,000 square meters and employ up to 100 people. The plant’s…
Continue Reading
-
The growth of capital investment in Ukraine slowed at the beginning of the year.
In the first quarter of 2025, capital investment in Ukraine increased by 32.5% compared to the same period last year, but this figure failed to reach the level of the fourth quarter of 2024 (48.1%), said the state’s statistical office. Over three months, ₴123.8B…
Continue Reading
-
Businesses have reported positive assessments of their activities across all sectors.
According to the NBU, in May businesses delivered positive evaluations of their own economic performance. For the first time since May 2024, enterprises from all sectors anticipated growth. In May 2025, the business activity expectations index was 50.8, compared to 49.4…
Continue Reading
-
Ukraine successfully executed the Web special operation, destroying over 40 Russian warplanes and causing billions in losses.
Kyiv launched an impressive large-scale drone assault targeting Russian military bombers in Siberia, hitting more than 40 aircraft thousands of kilometers from Ukraine’s borders. The destroyed aircraft reportedly includes the Tu-95 and Tu-22 M3 long-range bombers,…
Continue Reading
-
The Russian army has intensified its activities in Zaporizhzhia, while Ukrainian troops have advanced in three directions.
Ukraine’s military continues to hold back the enemy and inflicting significant losses, while the enemy has concentrated its main efforts on the Pokrovsk, Torets, Lyman, and Novopavlivsk directions, as well as along the border areas of the Sumy region. The Russian army…
Continue Reading
-
Britain and France prepare to provide long-term defense for Ukraine without US support, rather than sending peacekeepers.
British and French officials working on plans to deploy peacekeepers in Ukraine have discussed the necessity of providing long-term defense for Ukraine without US involvement. In particular, the officials have shifted their priorities: instead of deploying European…
Continue Reading