The Korosten MDF Plant has opened the country’s first pea bioglue manufacturing facility in the Korosten industrial park (Zhytomyr region), said Deputy Chairman of the Parliamentary Committee on Economic Development Dmytro Kysylevsky. “The glue is needed in the…
Category: 9. Business
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Another industrial park has been registered in Ukraine, and Norway is investing nearly $10M in a logistics hub in Lviv.
The Cabinet of Ministers has added the 110th industrial park, Nova Synergy, located in the Khmelnytskyi region, to the official register. “The park was created for a period of 30 years on the territory of the Novoushytsk settlement territorial community. The total area…
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Ukrainian authorities are relying on a reparations loan from the EU despite the country’s ongoing corruption scandal, aiming for a total of $45B in international support in 2026.
Specifically, NBU head Andriy Pyshnyy expressed optimistic expectations regarding this. “It seems to me that there are all the necessary arguments to convince everyone on whom the adoption of this decision depends on that it be adopted as soon as possible”, he said….
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Poland will allocate $100M for the purchase of American weapons and Germany will provide long range weapons.
According to Polish Foreign Minister Radosław Sikorski, Poland will provide $100M for the purchase of American weapons for Ukraine under the PURL program by the end of the year, stating that the EU’s security “will be strengthened or weakened” depending on the…
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With over $116B in losses, Ukraine proposes the creation of a fund to restore frontline cities and communities.
According to a RDNA4 report, by the end of 2024 direct damage in the Kharkiv, Donetsk, Luhansk, Zaporizhzhia, and Kherson regions exceeded $116B. These regions, along with Mykolaiv, Sumy, Chernihiv, Dnipropetrovsk, and Odesa, are currently operating in a heightened…
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The EU plans to prepare its 20th package of sanctions against Russia by the end of the year.
The EU is exploring ways to impose sanctions on those assisting the Russian shadow fleet in bypassing existing restrictions. It aims to strengthen cooperation with countries that register these vessels. The EU has already held extensive diplomatic talks with states…
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Ukraine’s neighbors face the largest economic losses from Russia’s war.
EU countries bordering the conflict zone lose approximately a percentage point of their GDP growth each year as a result of Russia’s full-scale war against Ukraine, the European Commission’s autumn macro forecast reports. Over the first two years of the war…
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On November 19, Russia conducted a large-scale attack on Western Ukraine employing drones and ballistic missiles, resulting in 26 fatalities in Ternopil.
The Russian offensive targeted energy infrastructure across seven Ukrainian regions using 476 attack drones and 48 missiles of various types. Ukrainian air defenses intercepted 483 aerial threats; however, seven missiles and 34 UAVs reached their targets. The affected…
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On November 19, Russia conducted a large-scale attack on Western Ukraine employing drones and ballistic missiles, resulting in 26 fatalities in Ternopil.
The Russian offensive targeted energy infrastructure across seven Ukrainian regions using 476 attack drones and 48 missiles of various types. Ukrainian air defenses intercepted 483 aerial threats; however, seven missiles and 34 UAVs reached their targets. The affected…
Continue Reading
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On November 19, Russia conducted a large-scale attack on Western Ukraine employing drones and ballistic missiles, resulting in 25 fatalities in Ternopil.
The Russian offensive targeted energy infrastructure across seven Ukrainian regions using 476 attack drones and 48 missiles of various types. Ukrainian air defenses intercepted 483 aerial threats; however, seven missiles and 34 UAVs reached their targets. The affected…
Continue Reading
