Category: 9. Business

According to Herman Smetanin, Ukraine’s minister of strategic industries, last year Ukraine was able to produce only one cruise missile – the Neptune. However, last year the state launched many new weapons, resulting in a 700% increase in production compared to 2023….

Since the market opened in July 2021, roughly 3% of Ukraine’s agricultural land has changed hands, averaging about 1% per year. The price of land has risen from ₴34,000 to ₴54,000 per hectare, and after the war, this growth is expected to accelerate, with costs…

According to the first quarter’s results, the volume of hryvnia funds in individuals’ accounts increased by 0.6%. The NBU reports that this positive trend has continued for the seventh consecutive month. In the corporate sector, the situation is somewhat more…

Consequently, Ukraine will receive €50M from the Council of Europe Development Bank (CEDB) to finance a preferential mortgage program for families of internally displaced persons (IDPs).

“These funds will enable approximately 1,100 IDP families to secure affordable…

Hungarian Foreign Minister Peter Szijjártó confirmed that Hungary may back Western sanctions against Russia if Donald Trump employs them to penalize Russian leader Vladimir Putin for the Kremlin’s unwillingness to peacefully resolve the war in Ukraine. The minister,…

The signed coalition agreement reached by the upcoming German government states: “Ukraine, as a strong, democratic, and sovereign state that independently determines its future with a Euro-Atlantic perspective, is central to our security. Therefore, we will…

A new bill has been introduced in the US aimed at tackling Russia’s shadow fleet of tankers that that are employed to transport oil, circumventing Western sanctions related to the war in Ukraine. Senators Joni Ernst (Republican) and Richard Blumenthal (Democrat) have…

Since the start of the year, Ukraine has already received €5B from the EU that was sourced from these assets’ proceeds, and expects to collect another €13B from these profits by the year’s end, Ukrainian Prime Minister Denys Shmyhal stated in Brussels following…

Ukraine’s key allies are continuing discussions regarding a potential peacekeeping mission in the country if a peace deal is reached. The coalition includes European nations, Canada, and Australia, but not the US. Ukraine stresses the significance of having foreign…

The technical round of negotiations between Ukraine and the US regarding the mineral agreement will take place on April 11-12 in Washington. Ukraine’s delegation will be led by Deputy Minister of Economy and Trade Representative of Ukraine, Taras Kachka, as reported by…