Category: 9. Business

The administration of US President Donald Trump is preparing to announce a framework designed to bring about an end to the Russian-Ukrainian conflict soon. Washington anticipates that all parties may reach consensus on the key elements of the proposed peace plan by the…

The US State Department has approved the sale of goods and services related to maintaining Patriot air defense systems, including launcher modernization components, for $105M. It is noted that “the agreement will contribute to achieving the goals of US foreign policy…

Russian arms exports, which previously brought in $14B annually to the country’s economy before its invasion of Ukraine, have decreased by half compared to 2022, said Sergey Chemezov, CEO of Rostec, a Russian state-owned defense conglomerate headquartered in Moscow….

According to Deputy Minister of Economy Pavlo Kartashov, speaking at the COP30 climate summit in Brazil, Ukraine will claim nearly $44B in damages attributable to increased emissions during the ongoing hostilities in the country. This case may set a precedent, as it…

The Ukrainian budget has already allocated ₴1B for this initiative, said Deputy Minister of Economy Andriy Telyupa. “Almost every large insurance company is currently ready to insure against war risks. However, this does not apply to frontline areas. But if you have…

The Czech Republic may begin importing Ukrainian oil by the end of the year. The matter has reportedly been deliberated between Polish company Orlen – owner of Czech refineries – and Ukrainian officials. Ukraine advanced this proposal following the destruction of…

Prime Minister Yulia Svyrydenko stated that, despite the war, Ukraine remains a key player in the global food market. This season, the country will supply 46% of worldwide sunflower oil exports and over 12% of global corn exports. Svyrydenko added that immediately after…

Ukrainian BGV Group Management and Finnish Metso are entering a new phase of their partnership in a project to develop the Yastrebetske deposit containing zircon-fluorite-rare-earth ores in the Zhytomyr region. This marks the second joint project between BGV Group and…

Since 2017, Sav Agro Partner, a business specializing in growing, freezing, and selling vegetables and berries, has been emerging in Volyn. This enterprise became successful due to the synergy with its partner company Biofrozen, which freezes fresh products using modern…

Ukraine’s accession to the EU does not threaten farmers in the EU, said Deputy Prime Minister for European and Euro-Atlantic Integration Taras Kachka at the Conductor of Change forum. “We do not claim the money that Polish or Hungarian farmers receive. We do not pose…