Category: 9. Business
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Without a strong response from the West to North Korean troops in Ukraine, the history of Crimea will repeat itself – Putin will move further.
Volodymyr Zelenskyy expressed his disappointment with the the lack of a significant global reaction to the news of North Korean troops being transferred to Russia. “The voices of the US, NATO, Western partners, the Global South, and China do not sound as loud as they… Continue Reading
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The US wants additional guarantees regarding its share of the G7’s loan to Ukraine.
The US wants to receive an additional premium on its share of Ukraine’s €45B loan to compensate for the sanctions-related risks that this agreement carries, wrote Politico. The premium being negotiated is 1.3% above the cost of Washington’s borrowing in financial… Continue Reading
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Another million Ukrainians are at risk of displacement due to the war, and hundreds of thousands will return from the EU after their social benefits are cut.
The Assistant Secretary General of the UN for European Affairs, Myroslav Yencha, said that due to the war, millions of people living in the east or south of Ukraine may be forced to leave their homes. At the same time, millions of Ukrainians are already considered… Continue Reading
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Hotel Ukraine has a new owner, while the Belgorod-Dniester port still belongs to the state.
The winner of the auction for the privatization of the Hotel Ukraine paid ₴2.5B and ₴502M in VAT, delivering more than ₴3B to Ukraine’s coffers. With that, according to the Ministry of Economy, and thanks to privatization, a total of ₴5.7B has been provided to… Continue Reading
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Hotel Ukraine has a new owner, while the Bilhorod-Dnistrovskyy port still belongs to the state.
The winner of the auction for the privatization of the Hotel Ukraine paid ₴2.5B and ₴502M in VAT, delivering more than ₴3B to Ukraine’s coffers. With that, according to the Ministry of Economy, and thanks to privatization, a total of ₴5.7B has been provided to… Continue Reading
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The NovaAgro group of agricultural companies invests $4.54M to expand in the Kharkiv region.
The Kharkiv agro-industrial group of companies NovaAgro acquired 56.9% of French company AgroGeneration, which is the sole owner of AgroGeneration Ukraine (Kharkiv). NovaAgro Ukraine purchased this share from Cyprus company Konkur Investments Limited for $4.54M…. Continue Reading
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Ukraine can become the Eastern European gas hub with its increased production.
Deputy Minister of Energy Mykola Kolisnyk stated that the production increase is a crucial factor in reducing Ukraine’s dependence on global markets, while also raising the possibility of a stable heating season and becoming a European gas hub. According to him, the… Continue Reading
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Croatian Orbico acquires a controlling interest in one of the largest Ukrainian distributors of food and goods.
General Director of Sav Orbico, Andrii Makhovskyi, announced that Croatian company Orbico Group bought a controlling stake (51%) in one of the largest Ukrainian distributors of everyday goods, Savservice. The Savservice company has worked in Ukrainian distribution for 32… Continue Reading
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Through a digital investment portal, KSE and the Ministry of Economy seek investors for projects worth €2.1B.
Thirty-one new projects representing a total amount of €2.1B have been added to Ukraine’s investment portal, created by the Ministry of Economy and the Kyiv School of Economics with support from the British government. The initiatives proposed by both private and… Continue Reading
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A Ukrainian developer of EW-resistant military communication systems receives funds for scaling, and defense startups attract $25M in foreign investment.
A Ukrainian developer of communication systems, Himera, received an investment from the Nezlamni fund. Although the amount is undisclosed, it is within the standard range of the fund’s $100,000 to $400,000 check. The funds will be used to scale production of the… Continue Reading