More than 200 small and medium Finnish firms are looking to establish a presence in Ukraine, while larger companies are planning to broaden their operations. The most promising sectors for Finnish investors in Ukraine continue to be IT and digitalization, green energy,…
Category: 9. Business
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Philip Morris is preparing to resume cigarette exports from Ukraine.
Philip Morris Ukraine is considering whether to start the export of cigarettes manufactured at a newly built factory in the Lviv region, said the company’s CEO Maksym Barabash during a roundtable discussion on Ukraine’s economic recovery. According to him, the Philip…
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OPEC+ will once again increase oil production, allowing Western firms to increase shipments of Russian crude.
Earlier this year, the Western energy sector began to consider how it might carefully return to Russia if peace is reached in Ukraine. Due to falling oil prices, Greek vessels transported 26% of Russian oil in April, and in March, they made up 30% – over 100% higher…
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The Ukrainian government will support two additional projects with significant investments.
The Cabinet of Ministers has approved the conclusion of two more special investment agreements with the Slavsky and Rozhanka Park companies, which will develop a new €140M ski resort in the Lviv region. Four major investment projects are already included in the state…
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Almost 8% of EU organic imports come from Ukraine, which is establishing itself as a leader in this market.
In 2024, Ukraine became one of the top three exporters of organic products to the bloc among European countries and has remained among the top five largest exporters to the EU for seven years. In 2024, the total volume of organic agri-food product imports to the EU…
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Ukrainian gunsmiths are fostering cooperation with their British and Canadian counterparts.
The Ukrainian Gunsmiths Council has signed a memorandum of strategic cooperation with the British ADS Group, which comprises over 1,500 companies in the aerospace and defense sector. The agreement includes exchanging information on industrial capabilities and innovative…
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IRIS-T long-range weapons and air defense: How Ukraine will spend €5B in aid from Germany?
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Four European countries will assist Ukraine in building up gas reserves for the winter.
The gas transmission system operators of Bulgaria, Greece, Moldova, Romania, and Ukraine have created a plan that will supply US liquefied natural gas from Greece to Ukraine via the Trans-Balkan Corridor to supply the country for the heating season. They have proposed a…
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Russia proposes holding a new round of talks with Ukraine on June 2 in Istanbul, where it will present a memorandum outlining the terms of the war settlement.
According to Russian Foreign Minister Sergei Lavrov, the document details Moscow’s position “on all aspects of reliably overcoming the root causes of the crisis.”
“Our delegation, led by Medinsky, is ready to submit this memorandum to the Ukrainian delegation and…
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Russia has launched a new summer offensive in Ukraine.
In response to the stagnation of the US-brokered peace process, the Russian occupation army has initiated a large-scale offensive in the Donetsk region. American analysts report that Russian dictator Putin remains confident in his ability to win the war militarily,…
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