Category: 9. Business

“In the first three months of the year, we have already announced the allocation of over €20B in assistance to Ukraine. Our command in Wiesbaden continues to coordinate the supply of security assistance and training for the Armed Forces of Ukraine,” said NATO…

NATO could play a crucial role in facilitating a European military mission aimed at securing a peace deal in Ukraine, according to plans being developed by a coalition of Kiev’s allies.  NATO’s command and control structures would be utilized to deploy a…

Britain has proposed that European countries create a supranational fund for centralized purchases of military equipment, accumulation of weapons stocks, and financing the continent’s rearmament. It is assumed that the new fund would be able to attract funds on…

This is Denmark’s 25th military aid package for Ukraine, which has allocated DKK 6.7B (€900M) for the period of 2025-2027. DKK 1.4B is set aside for the provision of artillery and ammunition during these years. Additionally, the funds will be used to finance air…

Czechoslovak Group AS (CSG) increased its profit by 200% in 2024, driven by greater supplies to Ukraine and NATO countries. Since the onset of the full-scale Russian invasion of Ukraine, the Czech company’s sales have surged by 614%. Last year, CSG, which manufactures…

The OPEC+ countries – Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman – have decided to raise oil production by 411,000 barrels per day in May. This decision is part of a gradual return to normal production levels following a voluntary…

Galnaftogaz (OKKO brand) has agreed to secure €157M in funding for the establishment of a wind farm in Volyn, as reported by the International Finance Corporation. The financing consists of €60M from the EBRD, €60M from the IFC, and €37M from the Black Sea Trade…

Last year, the Ukrainian insurance market demonstrated an increase in all key indicators: assets, insurance premiums, and payments. Total gross insurance premiums rose by 15%, reaching ₴53.1B, primarily from risk insurance, which contributed ₴47.4B. In transport…

According to the Institute of Economic Research, the index of anticipated changes in business activity in February, as in January, is 0.1. The share of those planning to expand their activities is 15.4% (up from 14.4%), while the proportion planning to reduce their…

Ukraine’s inflow of foreign direct investment (FDI) in 2024 reached $3.33B, which is 25% ($1.16B) lower than 2023’s figure, as noted by Danylo Hetmantsev, the head of the Verkhovna Rada Committee on Finance. Concurrently, a significant portion (71.6%) of foreign…