Category: 9. Business
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A British oil and gas company will invest in Ukraine’s energy industry, and 10 MW of projects have already been approved.
British oil and gas company Cadogan Petroleum plc, which has assets in western Ukraine, announced its intention to accelerate the diversification of its business and move into electricity production. The company plans to invest in new electricity generation projects in Ukraine with a total… Continue Reading
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Kyiv commissioned 23,400 sq m of warehouse capacity this year, and another 205,000 sq m will be added.
The capital’s warehouse real estate market expanded by 23,400 square meters in January-June 2024 after the launch of the first phase of the Dudarkiv logistics complex, reported CBRE. In the second half of the year and in 2025, 205,000 sq m are expected to be commissioned. Thus, this year… Continue Reading
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A ten-year Ukrainian telecom deal: A French billionaire has bought Lifecell and Datagrup-Volia.
Investment company NJJ Holding, owned by French billionaire Xavier Niel, has completed its acquisition of Ukrainian mobile operator Lifecell and fixed internet provider Datagroup-Volia. This acquisition is a decade-long deal in the Ukrainian market, the total amount could reach over $650M…. Continue Reading
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One of the oldest players in the Ukrainian fast-food market is investing $6M to expand its network.
After a pause of almost 2.5 years, Puzata Hata has resumed the expansion of its chain of restaurants. During 2024, it will grow by at least six facilities, investing $1M in each. The Ukrainian restaurant’s authentic interior is shifting to a modern café design, where guests can not only eat… Continue Reading
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The management of the Bilhorod-Dnistrovskyi port has named potential investors within the privatization framework.
The port director, Oksana Kiktenko, said the following companies are interested in acquiring the Bilhorod-Dnistrovskyi Sea Trade Port: SME Nika-Tera company, Potoky, and agricultural holding Nibulon. The next privatization auction for the seaport is planned for September 16, with a starting… Continue Reading
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Ukraine is developing its own weapons to strike targets located in the Russian Federation.
One innovation is a newly tested GPS-guided bomb that is very similar to the French AASM Hammer. The Ukrainian high-precision glide bomb can cover a distance of up to 64 km. If Ukraine can establish local production of the new bomb, it can begin to match Russia’s glider bombing campaign. The… Continue Reading
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Ukraine is building underground factories to produce weapons and developing cheap means of combating drones.
President Zelenskyy said that Ukraine is creating underground weapon production plants that will be able to provide the Armed Forces in the event of a delay in military aid from Western partners. At the same time, Ukraine is developing several new means of countering Russian drones in order not… Continue Reading
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The world searches for ways to end the Russian war in Ukraine; here is what the US, India, Germany, and Hungary are saying:
US presidential candidate Donald Trump said that if he wins the election, he will end the war in Ukraine by the new year. He plans to cut energy prices by half or more within 12 months of taking office. “Putin will not be able to fight with oil at $40,” Trump said. National Security Adviser……
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The National Bank eased currency restrictions for businesses starting September 10.
Beginning on September 10, Ukrainian businesses will be able to: Purchase and transfer foreign currency to cover carbon dioxide emissions. State-owned enterprises can buy currency and transfer it to non-residents to purchase allowances to cover or offset carbon dioxide (CO₂) emissions… Continue Reading
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The effectiveness of the Ukrainian counteroffensive hinges on long-range strikes deep into Russia.
Therefore, US President Joe Biden should stop wavering and allow US weapons to be used on targets in Russia, US analysts believe. “A detailed analysis of Biden’s policy shows that it makes little sense. If he wants to help bring this war to a dignified conclusion, he should stop fluctuating… Continue Reading