Category: 9. Business

Over the 11 months of the year, the Ukrainian economy grew by 4% [±0.5%], according to the Ministry of Economy. “The drivers of growth remain the transport and construction industries, processing, and domestic trade,” Minister Yulia Svyrydenko commented on the… Continue Reading

Norway has announced an additional NRK 2.7B ($242.38M) donation to strengthen Ukraine’s maritime defense. The funds will go toward protecting civilians from attacks, clearing landmines, and training Ukrainian military personnel. The funding is part of a total NRK 22.5B… Continue Reading

The Antimonopoly Committee of Ukraine has approved the acquisition of control by Bunge Global SA over the global agro-trader Viterra Limited (part of Glencore). In Ukraine, these two companies (Viterra and Bunge) export grain and oilseeds, sunflower oil, and related… Continue Reading

As reported by Minister of Community and Territorial DevelopmentOleksiy Kuleba, since the start of the year Ukrainian Railways (UZ) has transported 148 million tons of cargo, the greatest volume since the war began. The company has transported consistent volumes over the… Continue Reading

Ukraine has presented the Japan International Cooperation Agency (JICA) with 2025’s priority projects for financing. These are in finance, infrastructure, energy, the agricultural sector, humanitarian demining, environmental protection, healthcare, education, the… Continue Reading

According to columnist Mark Champion, from the beginning of the Russian invasion in February 2022 to the end of October 2024, Europe has pledged €241B in support of Ukraine, while the US promised €119B in aid. If Trump fulfills his campaign promise to reduce American… Continue Reading

In November 2024, banks reduced loan rates, according to data from the National Bank of Ukraine. The average interest rate on new bank loans to individuals in the national currency were 33.8% per annum, decreasing from 34% a month ago. Rates on loans to enterprises in… Continue Reading

The EU Council has approved the 15th package of sanctions against Russia, which applies to 54 individuals and 30 legal entities. The sanctions include top managers of leading Russian energy companies, individuals involved in the deportation of children, propaganda, and… Continue Reading

Attila Holoda, former head of Hungarian oil and gas company MOL, noted: “Hungary has become a trading center for Russian gas. While Europe is moving away from Russian energy sources, Hungary is moving in the opposite direction.” In October, the country’s Foreign… Continue Reading

Head of the Office of the President of Ukraine Andriy Yermak said that Ukraine is not yet ready to start any negotiations with Russia, as it does not feel sufficient support from the West to conduct them from a position of strength. Yermak stressed that for Zelenskyy,… Continue Reading