Category: 9. Business
-
While Novorossiysk was fighting off Ukrainian drones, the Kremlin complained that Ukraine is using US weapons to strike the Russian rear.
On the night of September 5, an attack by Ukrainian naval drones was repelled in Novorossiysk. The Russian Federation’s Ministry of Defense announced that two Ukrainian naval drones were destroyed in the sea near Novorossiysk, a port on the Black Sea. Early this year, Russia transferred part… Continue Reading
-
At the request of the World Bank, Ukraine changed the conditions for the sale of state-owned banks: The state’s share in the sector must decrease.
The Parliament of Ukraine adopted a draft law on the peculiarities of the sale of state-owned shares in the authorized capital of banks. The draft law modifies the rules for the sale of state banks, aimed at reducing the state’s share in the banking sector. “This is a requirement of the… Continue Reading
-
Ukraine seeks to force Russia to accept the UN charter, and Putin has declared readiness for negotiations based on the Istanbul agreement.
Ukraine’s victory plan envisages the intention to force Russia to adopt the UN charter, and Kyiv plans to prepare a more detailed strategy together with its partners for the Peace Summit, which is why representatives of the Russian Federation must be present there, President Zelenskyy said.… Continue Reading
-
Maintaining the discount rate level is necessary to develop lending and deposit programs.
In autumn, against the background of increasing inflation, it will be essential to maintain the discount rate at 13% and the rate for 3-month deposit certificates at 16%, according to finance experts. On the one hand, the inviolability of these two crucial indicators will positively affect the… Continue Reading
-
One of Ukraine’s largest woodworking enterprises exports products for French winemakers and has continued to develop during the war.
Wood International from Khustshchyna (Transcarpathian region) manufactures oak rivets (a barrel fastening component) and alternative products for aging wine, spirits, and beer. The primary sales market for the company’s products is in France. It was possible to establish a partnership network… Continue Reading
-
No major investor has left the Zhytomyr region during the war; a Polish company is preparing to invest ₴15M in the mining industry.
As reported by Vitaliy Bunechko, the head of Zhytomyr OVA, Polish company Cersanit, which has a large sanitary wares production plant in Zvyagel (Ukraine), plans to invest ₴15M in the kaolin clay deposit in the Zvyagel district. “They built a new workshop before the war but never started… Continue Reading
-
The business community offers an alternative to increasing taxes in Ukraine.
Members of the European Business Association hope that instead of drafting laws to raise taxes for businesses, the government can find other solutions to fund the budget, as the entire burden of the proposed decision will fall on honest companies. At the same time, the EBA notes that in order… Continue Reading
-
Ukrainians are increasing their investment in government bonds: The share is already 4%.
In August 2024, the Ministry of Finance raised ₴29.1B from the issuance of government bonds. Military bonds accounted for ₴6B of the total volume of government bonds issued in August. As of September 2, over ₴1.68T worth of OVDP bonds are in circulation. The largest shares belong to… Continue Reading
-
Ukraine has issued a purchase tender for 10,000 FPV drones with artificial intelligence and has ordered Himera communication systems for the military.
Minister of Digital Transformation Mykhailo Fedorov announced that Ukraine has announced a tender on the Prozzoro platform to purchase the first 10,000 FPV drones equipped with artificial intelligence capabilities from Ukrainian manufacturers. More than 10 companies have already applied for the… Continue Reading
-
Kyiv will keep the part of Kursk that is has captured indefinitely; Moscow transfers troops from Donetsk to the Kursk region.
Ukraine will keep the occupied territories of the Kursk region indefinitely in order to force Putin to sit down at the negotiating table sooner, President Volodymyr Zelenskyy said. According to him, occupying Russian territories is an integral part of Ukraine’s plan to end the war. Kyiv will… Continue Reading