The first contribution will come from the US International Development Finance Corporation (DFC). According to Minister of Economy of Ukraine Yulia Svyrydenko, Ukraine has not yet signed two other agreements regarding a limited partnership between the countries and on…
Category: 9. Business
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Russia declared a three-day “truce” but has continued to attack Ukraine.
At midnight on May 8, Russia announced the start of a three-day truce with Ukraine, lasting from May 8 to midnight on May 11, to mark the 80th anniversary of the Allied victory in World War II. However, just a few hours earlier on May 7, Russian troops launched drones at…
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The US and Russia discuss options for restoring Russian gas supplies to Europe.
According to Reuters, restoring Russia’s role in the European gas market is viewed as a potential component of a peace deal with Putin, and US involvement in this process could alleviate political resistance in Europe while granting the Americans some control over the…
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European exports to Ukraine are growing faster than imports of Ukrainian goods.
Last year, the European Union exported goods valued at €42.8B to Ukraine and imported €24.5B, resulting in a trade surplus of €18.3B, according to Eurostat data. Compared to 2023, exports and imports increased by 9.4% and 7%, respectively. The EU’s main export…
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Defense experts outline possible conditions for the export of Ukrainian defense industry products.
Ihor Fomenko, the General Director of the Defense Division of the Federation of Employers of Ukraine, stated that several options for exporting Ukrainian defense products are currently being considered. He hopes that the decision will be announced as early as May, as…
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The EC plans to open all clusters in Ukraine’s EU accession negotiations.
The European Commission is optimistic about the future of membership negotiations with Ukraine and Moldova and hopes to open all six negotiation clusters this year, said Geert Jan Koopman, Head of the EC Directorate-General for Enlargement.
“We have set a calendar for…
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Ukrainian farmers are investing in orchards and exporting products to the EU and the Middle East.
The Dniester Gardens company plans to plant 30 hectares of apricot trees in Bukovina in 2025. This enterprise has been operating for 15 years and grows agricultural products on an area of 338 hectares. It is one of the largest modern garden enterprises in the Chernivtsi…
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The Ministry of Agrarian Policy has named new promising crops for Ukrainian farmers.
Deputy Minister of Agrarian Policy Taras Vysotsky stated that beginning this year, the cultivation of industrial hemp in Ukraine has been entirely deregulated. Now, anyone registered in the relevant registry can sow it.
“We expect that this will lead to a significant…
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For every new individual enterprise in Ukraine, there are currently 1.5 closures.
According to the Opendatabot analytical portal, 81,928 individual entrepreneurs have opened in Ukraine since the beginning of the year, which is 9% less than during the same period last year. Meanwhile, 119,895 entrepreneurs have ceased their activities, with the number…
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Defense IT company TEKEVER, with offices in Ukraine, became a unicorn after attracting $500M.
Portuguese IT startup TEKEVER, specializing in developing AI-equipped reconnaissance drones, raised approximately $500M in investment, boosting its valuation to $1.25B. Investors fully supported this new round of financing that is intended to accelerate TEKEVER’s…
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