The European Commission and the IFC have signed an agreement to provide €100M in guarantees for Ukrainian recovery project investments. As reported by the Ministry of Development, this agreement is a clear signal from the EC and IFC that investment in Ukraine is…
Category: 9. Business
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The Kernel agro-holding will build the largest solar power plant in Western Ukraine for ₴5B.
The Chernivtsi Solar company, which is part of the Kernel group, plans to construct the largest solar power facility in Western Ukraine with a planned 250 MW capacity. The solar power plant will be developed in the Kitsman community of the Chernivtsi region. This is one…
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The UN launches a new €16.5M program to develop renewable energy in Ukrainian communities.
The Ministry of Development and the United Nations Development Program in Ukraine have signed a financial agreement that will begin the Renewable Energy Solutions program. The initiative, worth a total of €16.5M, involves installing solar panels, heat pumps, and…
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Trump is ready to supply Ukraine with Tomahawk missiles if Russia doesn’t end the war, but first, he will talk with Putin.
US President Donald Trump said he is considering providing Ukraine with Tomahawk cruise missiles if the conflict with Russia continues. He noted that this could serve as pressure on the Kremlin and plans to discuss the issue with Russian President Vladimir Putin. “I…
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Russia is shelling civilian warehouses and agricultural enterprises in Ukraine and is also increasing its attacks on small regional energy facilities as winter approaches.
On the night of October 13, the Russian Federation attacked civilian facilities in the Odesa region with drones, damaging warehouses containing fabrics, clothing, and packaging materials. Rescuers extinguished a fire that spread across an area of 5,000 square meters….
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The G7 plans to reduce Russia’s $80B annual oil revenue to weaken the Kremlin’s war machine.
The G7 countries are aiming to “maximize pressure on Russian oil exports”. This could reduce Moscow’s income by $80B a year, causing a major blow to its military economy. However, experts warn that restricting Russian oil exports will be ineffective if other…
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Seven more countries will assist in financing the purchase of American weapons for Ukraine.
Ukrainian Foreign Minister Andriy Sybiha reported that seven additional countries have expressed their intention to join the PURL program for the acquisition of US weapons for Ukraine. “The first package of the program is already being implemented and $2B has been…
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Trade agreement: The EU Council eases customs duties on various agricultural products from Ukraine.
The EU Council has adopted a decision to reduce or eliminate customs duties on several Ukrainian agricultural items such as dairy products, fresh fruits and vegetables, meat, and meat products. This decision forms part of the review of the Deep and Comprehensive Free…
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The Netherlands has established a cluster in Kyiv to enhance defense cooperation.
The Dutch Defense Cluster (DDC) was launched in Kyiv, serving as a platform to unite Dutch and Ukrainian defense technology manufacturers. The DDC acts as an operational bridge between Dutch technologies and the needs of the Ukrainian Defense Forces: participants gain…
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The EU will be providing Ukraine with an extra €100M in winter aid.
During a visit to Kyiv, the EU High Representative for Foreign Affairs and Security Policy, Kaja Kallas, announced several new EU initiatives that will support Ukraine in its fight against Russia. Kallas noted that the EU has already allocated €800M to assist Ukraine…
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