Category: 9. Business
-
The lease of 1,200 hectares of state farmland brought ₴35M to Ukraine’s coffers.
The main takeaway from the first month of auctions by the Land Bank is ₴34.7M in VAT for the budget and 19 concluded agreements with winners from six regions. As a result of these auctions, more than 1,178 hectares of land were taken out of the shadows and leased for… Continue Reading
-
Ukraine’s largest lead production plant and DTEK Skhidenergo are being liquidated.
The court opened bankruptcy proceedings and opened the liquidation procedure for the Svynets Specialized Enterprise from the Donetsk region. It was the largest producer of secondary lead and lead-containing alloys, ferronickel, tin, and polypropylene. An analysis of the… Continue Reading
-
The parliament names the most profitable building materials production projects for investment.
Head of the Verkhovna Rada committee on urban planning, Olena Shulyak, said that before the war the construction industry traditionally accounted for 4% of Ukraine’s GDP. At the same time, during the reconstruction of Ukraine, the industry’s expected volume within 10… Continue Reading
-
Ukraine’s investment climate shows signs of improvement.
Ukraine’s investment attractiveness index increased to 2.49 points in 2024 (out of a possible five) from 2.44 points in 2023, according to a survey by the EBA, in which 80 top managers of international and domestic companies participated. The number of managers who… Continue Reading
-
The next US president will most likely shift their attention to Asia; Europe prepares to fend for itself.
European states are preparing for a possible change in Washington’s foreign policy regarding Ukraine and a weakening of military ties in the event of a Trump victory in the US presidential election. The US’ closest allies in Europe anticipate a possible break in… Continue Reading
-
Zelenskyy is outraged by the lack of a response from the West to the involvement of North Korean troops in the war against Ukraine.
The reaction from Western countries to the transfer of North Korean troops to Russia has been weak, the Ukrainian president emphasized. He noted that the Ukrainian side knows about every site where Russia has accumulated soldiers from the DPRK for further deployment, and… Continue Reading
-
The IMF criticizes the 50% tax rate on banks’ profits and advises Ukraine to increase its internal financing sources.
The deputy head of the IMF mission in Ukraine, Trevor Lessard, noted that the introduction of a 50% tax on bank profits for the second year in a row contradicts the nature of taxing excess profits, undermines trust in politicians, and is not an effective solution. “If… Continue Reading
-
Trade between the EU and Russia falls to a 25-year low, though Slovakia is buying more Russian goods.
Russia continues to lose economic ties with its once-largest trading partner, the EU, and according to August’s results, deliveries of goods to Russia from European countries decreased by 18% compared to July, to €2.5B, as shown in Eurostat data. Measured against… Continue Reading
-
A Saudi fund with assets in Ukraine wants to purchase a Russian grain terminal.
Salic, the Saudi Agricultural and Livestock Investment Co. owned by the Public Investment Fund of Saudi Arabia, is buying a company that owns several agricultural assets in Russia. One of these assets is a large grain terminal on the Russian coast of the Sea of… Continue Reading
-
Land prices for individuals have increased by 10% since the commercial land market opened.
In a new analytical review of the land market by the KSE, it is reported that after the opening of Ukraine’s agricultural land market for companies, prices for transactions involving individuals have increased by 9-10%. At the same time, the researchers emphasize that… Continue Reading