Ruslan Magomedov, Chairman of the National Securities and Stock Market Commission (NSSMC), and Vitaly Koval, Minister of Agrarian Policy, discussed the launch of an organized agricultural market and revitalizing the sector as a whole. “Despite the war, our farmers are…
Category: 9. Business
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A Ukrainian furniture supplier for international retailer JYSK is investing in production automation ahead of an €80M deal.
Furniture manufacturer Accord-Import has invested over €1M in production automation over the past two years. The company is currently constructing a new €13M robotic factory in Khmelnytskyi. This new factory will produce up to 800,000 square meters of cabinet…
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The US has reached an agreement with Ukraine and Russia on a “maritime truce” and is developing a plan to prohibit attacks on energy facilities.
During talks in Riyadh, the US delegation collaborated with representatives from Ukraine and Russia to prevent assaults on commercial vessels in the Black Sea. “The US and Ukraine have committed to ensuring the safety of shipping, refraining from the use of force, and…
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US senators are urging the Trump administration to utilize frozen Russian assets to exert pressure on Moscow.
In the US, a bipartisan group of senators has called on President Donald Trump’s administration to convince the US’ European allies to confiscate over $300B in frozen Russian assets to assist Kyiv. The letter, addressed to Secretary of State Marco Rubio and signed by…
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Ukraine is prepared for a full ceasefire, although Romania and Bulgaria are concerned about a naval ceasefire.
Ukraine unconditionally backs the notion of a complete ceasefire with Russia, which would extend beyond the month-long truce currently being negotiated in the energy infrastructure sector, stated Ukrainian Ambassador to the US Oksana Markarova. “We need Russia to agree…
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Putin intends to prolong the current peace talks to acquire more Ukrainian territory.
The Kremlin is deliberately extending peace discussions to acquire additional territory and bolster its position in dealings with the US, sources familiar with Russian leadership’s thought process indicate.
They opine further that Putin will agree to a truce only if it…
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A German company becomes the first buyer of electricity origin guarantees in Ukraine, which will aid in the development of renewable energy.
The first corporate sale of electricity guarantees of origin in the renewable energy market has taken place in Ukraine. Knauf Gips Kyiv, a manufacturer of building materials that is part of the German Knauf Group, purchased the guarantees from D.Trading. This marks an…
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Trump is preparing to impose “unprecedented” tariffs on imports from Russia.
The Trump administration is preparing to introduce new tariff restrictions on imports from 15 countries, including Russia. These measures may take effect on April 2. Initially, it was planned for the tariffs to impact specific economic sectors, including the automotive…
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Most Ukrainian defense industry manufacturers are considering moving their operations abroad. Why?
As of February, 85% of private manufacturers of weapons and military equipment (WME) are planning to relocate or have already done so, according to 34 private companies in the defense sector. The top five countries most commonly chosen for relocation include Poland, the…
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Chronic debt owed to green electricity producers is hindering the development of new projects.
Ukraine’s issue with debts that it owes to renewable energy producers impacts the industry’s growth prospects, said Olga Rybachuk, a manager at Elementum Energy, which has invested in the construction of new wind turbines at the West Wind Park. “Since the end of…
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