Ukrainian defense startup Swarmer, founded just over two years ago, is creating an artificial intelligence-based solution that enables a single operator to control dozens of drones simultaneously. Swarmer first tested its drone swarm technology in 2020, and by 2023 it…
Category: 9. Business
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Three European countries have agreed to transfer frozen Russian assets to Ukraine.
The leaders of Great Britain, France, and Germany stated jointly that: “We are ready to move toward a coordinated use of frozen Russian sovereign assets to support the Ukrainian Armed Forces and, thus, bring the Russian Federation to the negotiating table. We seek to…
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The Ministry of Economy forecasts Ukraine’s GDP will grow by 3-4% in September-October, with increased growth projected by the end of the year.
During the government’s question hour, Economy Minister Oleksiy Sobolev said that Ukraine’s GDP growth for September-October is expected to be 3-4%. He estimated that Ukraine’s GDP in August 2025 was about 5.3% higher than in the same month last year. The main…
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Ukrainian agricultural exports dropped by 38% in September.
Ukraine exported 2.84 million tons of agricultural products last month, which is 38% less than in September 2024. Specifically, wheat exports fell by 21% to 1.83 million tons, corn by 88.4% to 61,000 tons, rapeseed by 68.8% to 238,000 tons, and soybeans by 66.7% to…
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A new €60M meat processing plant has opened in Volyn.
Ukrainian company Avesterra Group is now among the top four poultry producers in Ukraine. The company already exports its products to 25 countries and is actively preparing to increase its exports further. Recently, it launched a new meat processing complex in Volyn. The…
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Ukraine is nearing full customs integration with the EU.
Currently, Ukrainian customs laws are 80% aligned with EU standards, the Ministry of Finance announced after the ninth meeting of the Subcommittee on Customs Cooperation between Ukraine and the EU. During the meeting, the parties reviewed the progress on previous…
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Kyiv will install solar power plants on the roofs of 830 buildings with support from the city’s budget, investors, and international finance organizations.
The Kyiv City Council approved the installation of solar panels and energy storage systems in public government buildings and housing to provide backup power during blackouts. Over 830 buildings are expected to have solar panels, totaling around 178 MW of generating…
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The cost of construction in Ukraine has increased by nearly 20% this year.
Ukrainian developers reported that the cost of residential construction has risen by 10-25% since the start of 2025, depending on the class, with an average increase of 18%. The main reasons for this growth are higher prices for building materials and logistics, as well…
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Russia has deprived Ukraine of 60% of its gas production just ahead of winter. How will the country overcome this challenge?
Russian shelling on October 3 destroyed about 60% of Ukraine’s domestic gas output, significantly increasing the need to import fuel before winter. To get through the heating season, Ukraine needs to import an additional 4.4 billion cubic meters of gas worth $2.2B,…
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The European Parliament has called for Russian drones and aircraft that violate EU airspace to be shot down.
MEPs have approved a resolution urging EU countries to collectively take decisive action in response to Russian provocations in EU airspace. The European Parliament has also urged member states to respond in a coordinated manner to all air threats, including “shooting…
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