Category: 9. Business

In the two years since the restoration of small-scale privatization, the State Property Fund has held 839 successful online auctions, which have provided ₴6.65B in direct revenue to Ukraine. As specified by the Ministry of Economy, taking into account the ₴1.2B in… Continue Reading

One in six Ukrainian entrepreneurs started their current business after the start of the full-scale war. As well, 66% of them had no previous business experience, according to the Mastercard SME Index 2024 study. Among the main challenges noted by entrepreneurs are the… Continue Reading

According to EBA research, this summer’s power outages affected the operations of 87% of companies in Ukraine. Among the companies surveyed, 67% had to suspend work, 60% had increased production costs, and 48% had changed their work schedule. The situation in the… Continue Reading

The Azerbaijani holding Neqsol, which privatized Ukraine’s largest titanium enterprise, United Mining and Chemical Company, for ₴3.9B, plans to look for new deposits, as the reserves operated by UMCC will be sufficient for the medium-term, said the head of Neqsol’s… Continue Reading

Deputy Minister of Defense Ivan Gavryliuk said that Ukraine exceeded planned drone production, which former Minister of Industry Oleksandr Kamyshyn spoke about at the end of last year. Then, Kamyshyn stated that in 2024 Ukraine planned to produce one million FPV drones,… Continue Reading

In 2023, 15 of the 30 largest IT companies in Ukraine recorded a decrease in revenue compared to 2022. This is due to the redistribution of business between legal entities of the same group, relocation to other jurisdictions, the departure of qualified personnel abroad,… Continue Reading

According to the Polish Central Bank, last year Ukrainians bought real estate in Poland with a total area of ​​almost 380,000 square meters. This is despite the fact that in Poland, due to a real estate shortage, the growth of housing prices is Europe’s highest,… Continue Reading

NATO has finally confirmed the presence of North Korean troops on Russian territory. “If they plan to participate in this war on behalf of Russia, this is a very serious problem, and it will affect not only Europe but also events in the Indo-Pacific region,” states US Defense Minister Lloyd… Continue Reading

German Chancellor Olaf Scholz said that completing the work to provide the $50B loan agreed upon by the G7 countries is a clear signal to Putin regarding his long-term support for Ukraine. In turn, US Treasury Secretary Janet Yellen confirmed that the US is almost ready to offer $20B as part of… Continue Reading

The President of Ukraine, Volodymyr Zelenskyy, is working on expanding the Victory Plan, the first part of which concerns the assistance of Western partners and on Ukraine joining NATO. The next part will involve the development of internal solutions in many areas, such as the… Continue Reading