Category: 9. Business
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An American venture capital fund invests in a Ukrainian developer of anti-drone systems.
The Green Flag Ventures Capital Fund of American entrepreneur Justin Ziff and his business partner Deborah Fairlamb, specializing in investment into Ukrainian defense startups, announced an investment in Karadag Technologies, a Ukrainian anti-UAV and electronic warfare systems developer…. Continue Reading
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Warehouse rents have increased by 25% during the year due to a shortage of space and the hryvnia’s devaluation.
Top manager of Dragon Capital Property Management Dmytro Kalinichev said that in 2024 rental rates for warehouse real estate in Ukraine increased significantly – and in dollar terms reached the level of $4.9 per square meter per month (without VAT and operating costs) for quality premises…. Continue Reading
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The agricultural sector’s losses from the war now reach $11B, and the export of goods has almost reached pre-war volumes.
The head of the Ministry of Agrarian Policy, Taras Vysotskyi, stated: “Due to Russian aggression, Ukrainian farmers suffered significant losses. Unfortunately, this figure continues to grow. Currently, we can ascertain losses for more than $11B.” According to him, a significant share of… Continue Reading
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A company with Ukrainian capital has opened a new logistics center in Poland.
Meest International, which in 2023 entered the top 20 postal operators in Poland, has opened a new logistics center near the city of Dembica in the south of Poland. The company invested more than €8M in construction and equipment. The center is 8,000 square meters and equipped with… Continue Reading
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Ukrainian entrepreneurs can receive up to €20,000 from Germany to restart their business.
Businesses, internally displaced persons, and Ukrainians who have returned home will be able to receive a portion of €20M in support from the Federal Ministry for Economic Cooperation of Germany (BMZ), financed by the German Development Bank (KfW). Support will be provided to residents of… Continue Reading
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The President of the Czech Republic believes that Ukraine can join NATO with temporarily occupied territories.
In an interview, the President of the Czech Republic, Petr Pavel, said: “I believe that full restoration of control over the entire territory is not necessary for Ukraine’s membership in NATO. If it comes to distinction or the formation of some administrative border, then we will be able to… Continue Reading
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Ukraine controls about 1,300 square kilometers of enemy territory in the Kursk Region.
The operation in the Kursk region is designed to protect Ukrainian citizens on the border and to destroy the potential for Russian aggression. If Western partners lifted all restrictions on the use of long-range weapons in Russian territory, Ukraine would not need to mount an offensive in… Continue Reading
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Azerbaijan expands its partnership with Russia and decides to join BRICS.
Azerbaijan’s state oil company Socar and Russia’s Gazprom have agreed to expand their strategic partnership, the Russian gas monopolist said in a statement. In September, the parties will sign a comprehensive scientific and technical cooperation agreement for the North-South project. “An… Continue Reading
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The construction of the Siberia-2 gas pipeline from Russia to China has been delayed for years.
Putin’s project to increase gas supplies to China and build a new Power of Siberia-2 pipeline has been put on hold for a long time. Mongolia – through which the 2,500 km long pipeline was supposed to pass – did not include the Gazprom gas pipeline in its national development plan until… Continue Reading
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Solar energy in the EU has overtaken hard coal as a source of electricity for the first time.
According to Eurostat, the share of solar power in the total volume of the EU’s electricity production in 2022 was 210,249 GWh compared to 205,693 GWh for hard coal. Poland and the Czech Republic are the only hard coal producers in the EU. In 2022, the Russian Federation remained the largest… Continue Reading