Category: 9. Business

Representatives from Ukraine’s Ministry of Energy and an EU delegation discussed integrating Ukraine’s gas transmission system into the European Database (UDB). This integration will open the EU market to Ukrainian biomethane and enable it to earn green…

The State Property Fund of Ukraine held nine successful privatization auctions from June 16-20, raising ₴837.9M for the state budget. On average, prices for assets put up for auction increased by 220% during the bidding process. The most expensive asset sold last week…

A private company, Ivanivske, in Ternopil has started constructing a large-scale infrastructure project with a total cost exceeding ₴82M ($2M), including nearly ₴8M in state compensation for interest on loans under the Affordable Loans 5-7-9 program. The new elevator…

The construction of a European-standard railway on the Chop-Uzhhorod railway section (Transcarpathia) is nearing completion and is expected to open in July, said Deputy Minister of Finance Oleksandr Kava. He stated, “(P)assenger trains will travel directly from…

Despite a decline in the number of tourists and many companies leaving the market altogether, the hotel industry is experiencing growth: Hotel tax revenue in the first quarter of 2025 reached ₴565.9M, 43% higher than the same period last year, according to the State…

Russia is using the escalation of military activity in the Middle East to intensify its assaults on Ukraine, Polish Foreign Minister Radosław Sikorski said. He added that the conflict between Iran and Israel benefits Russia, as oil prices are rising.

The most recent…

The Iranian parliament has approved a bill to block this vital shipping route for oil exports in response to recent US airstrikes on Iranian nuclear facilities. The Strait of Hormuz is one of the world’s key maritime passages, through which about 20% of the world’s…

Foreign governments are already starting to build institutional support for companies planning to enter Ukraine to participate in its reconstruction.

1. Poland has introduced a special credit program to help with Ukraine’s reconstruction, offering over $67M in…

The Taliban, which controls Afghanistan, has agreed to increase the number of Afghan migrant workers in Russia tenfold. Currently, around 100 Afghan workers are engaged in construction in Russia, with another 1,000 expected to arrive soon. Plans are also underway to…

Analysts believe that despite investing billions, Europe must spend much more to strengthen its military power and reach parity with Russia. To achieve this, European weapons output would have to increase roughly fivefold to decisively shift the balance in Europe’s…