Category: 9. Business

Head of the Ministry of Agrarian Policy Taras Vysotskyi said that the problem of insurance for ships entering the ports of Odesa has been solved, thanks to the creation of a joint Ukrainian-British insurance fund, to which the Ukrainian government contributed. “At the beginning of the… Continue Reading

In seven months, the Export Credit Agency (ECA) of Ukraine provided ₴4.84B in insurance and financial support for exporters.  Each hryvnia in ECA-provided insurance liability was converted into more than ₴13 in future export earnings. Minister of Economy Yuliya Svyridenko noted that… Continue Reading

According to economists, Moldova’s exports have fallen for five consecutive quarters, hitting a three-year low in the second quarter at $859M, down 30% from the all-time high set in the corresponding period in 2022. Annual export value reached $3.78B, which is $558M less than at the beginning… Continue Reading

As of August, the National Bank’s gold and currency reserves reach $37.2B. Since the beginning of the year, the reserves have fluctuated from $37B to $43.8B. Currently, the NBU’s reserves are not being used to service Ukraine’s debts because most external debt has been restructured. The… Continue Reading

The 1,000 largest Ukrainian enterprises generated nearly ₴7.2T in net income in 2023, 19.4% more than a year earlier. These companies sold 54% of Ukraine’s total production volume (52% in 2022). In 2023, 23% of the top 1,000’s composition differed from the previous year. 233 enterprises… Continue Reading

Vacancy in Kyiv’s shopping and entertainment centers decreased from 16.3% last year to 15.2% at the end of the first half of 2024, UTG notes. At the same time, experts pointed to a tendency toward a decrease in the population’s solvent demand against rising costs for communal services,… Continue Reading

“This is the first visit of the head of the Indian government to our country in the history of bilateral relations,” President Zelenskyy’s administration emphasized. Officials will discuss issues of bilateral and multilateral cooperation. In turn, Bloomberg claims that India agreed to… Continue Reading

 In his report to President Volodymyr Zelenskyy, Commander-in-Chief Oleksandr Syrsky noted that the military is achieving its goals in the Kursk operation. As of the morning of August 19, the POW exchange fund continues to be replenished by captured Russian soldiers. Two days before, Syrsky… Continue Reading

Ukraine has launched an outstanding offensive into the Kursk region of Russia. According to the US Representative and Democrat Jake Auchincloss, Joe Biden can do three things to maximize Ukraine’s success.  Together with Volodymyr Zelenskyy, Biden should clearly define the concept of… Continue Reading

Ukraine’s economy will grow by 4% in 2024, inflation will accelerate to 8%, and the exchange rate is expected to be ₴42.6 to $1, according to an updated macro forecast from the ICU financial group. Analysts note that after a noticeable first quarter increase in GDP, growth will slow… Continue Reading