Category: 9. Business
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Investing in Ukrainian real estate is more profitable than in EU countries: Prices will increase by 100% after the war.
The top manager of developer Intergal-Bud, Anna Laevska, noted that currently in Ukraine, prices for premium-class apartments are on the same level as prices for economy-class housing in Hungary or Germany. “As soon as the active hostilities end, significant investment will come to our… Continue Reading
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American investors made the first investments of $200,000 in several Ukrainian defense startups.
A defense startup accelerator launched by MITS and American University Kyiv has completed its first program for Ukrainian mil-tech startups, providing participants $200,000 each. The direct investment by MITS in each of the program’s participants is $100,000. Another $100,000 in value, MITS… Continue Reading
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Russia has overtaken the US in supplying gas to the EU; Turkey will help Russia to regain the European gas market.
As Die Welt reports, based on data from Brussels consulting company Bruegel, for the first time in almost two years EU countries imported more gas from Russia than from the US in a quarter. From April to June, the EU bought 12.7 billion cubic meters of gas from Russia and 12.3 billion from the… Continue…
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Ukrainian gas storage will be useful to European traders as the transit contract between Ukraine and Russia comes to an end.
According head of Naftogaz Oleksiy Chernyshov, Ukraine already has enough gas to meet its own needs, so storage facilities may be available to the EU, which seeks to preserve its reserves ahead of winter. Last year, this option was critical for the EU, as traders pumped 2.5 billion cubic meters… Continue Reading
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The war in Ukraine has prompted European funds to increase their investments in defense companies by more than 100%.
Since the Russian invasion of Ukraine, European sustainable development funds’ investments in defense companies have increased by more than 100%, which relates to political demands to strengthen the defense industrial base. According to the FT, about a third of ESG-oriented (environmental,… Continue Reading
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Ukraine will receive the second tranche of EU aid from the proceeds of Russian Federation assets by March 2025
, promises the head of European diplomacy, Josep Borrell. He also notes that the European Union has already allocated the first €1.4B tranche of revenue from frozen Russin assets through the European Peace Fund to provide military support for Ukraine. Part of this sum will go directly to… Continue Reading
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The Ukrainian parliament proposes an alternative plan to cover the ₴500B defense deficit.
The budget committee of the Verkhovna Rada proposed and provided support for its solution to raise funds for the Defense Forces: reducing debt expenditures, placing bonds, and exceeding the tax collection plan, stated the head of the committee, Roksolana Pidlas. She compared the government’s… Continue Reading
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Ukraine is working to legalize cryptocurrency to fill its coffers.
The legalization of cryptocurrency can become a practical alternative when looking for new sources of tax revenue, according to Deputy Minister of Digital Transformation Oleksandr Bornyakov. At the same time, he noted that it is important to introduce taxation with a new class of assets that… Continue Reading
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Businesses have learned to live without electricity: The enterprise business activity assessment has improved.
In August, the index of business activity expectations calculated by the National Bank was 48.4 compared to 44.4 in July. Gradual adaptation to permanent power outages and establishment of alternative power sources, budgetary funding for infrastructure restoration and road construction, stable… Continue Reading
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Ukrainian Velta attracted a grant worth more than €7M from the EU for its innovative titanium mining.
The Ukrainian company Velta, which mines titanium-bearing ores in the Kirovohrad region, received a four-year, €7.3M grant from the EU as part of the Resilient Value Chains 2024 competition through the REPTiS project. The project’s main goal is to improve all stages of titanium production,… Continue Reading