Category: 9. Business
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The 2024-2025 export season is potentially more successful than the previous two.
The Ukrainian Agrarian Confederation believes that the current marketing year, from July 2024 to June 2025, may become more successful for Ukrainian grain traders and farmers than the previous two seasons. This depends on the continued operation of the grain corridor and… Continue Reading
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Housing is becoming more expensive in Ukraine; developers have started new projects.
In the third quarter of 2024, prices for residential real estate in Ukraine, compared to the same period in 2023, increased by an average of 11.7%. Prices for apartments on the primary market increased the most, according to the State Statistics Service. The prices on… Continue Reading
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Italy expands its cooperation with Ukraine in critical raw material supply chains and invests €200M to restore the Ukrainian energy system.
Ukraine and Italy signed an agreement to deepen their logistics cooperation in critical raw materials. Attracting investment and encouraging innovation in the sphere’s development is one of Ukraine’s priorities. This concerns promoting safe and sustainable practices… Continue Reading
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The largest EU economies will issue joint defense bonds to stop the Russian Federation’s “imperial ambitions.”
During a meeting of heads of foreign affairs from five EU countries, Germany, France, Italy, Spain, and Poland gave their support to a proposal to create joint European defense bonds to strengthen the bloc’s defense industry. The Minister of Foreign Affairs of Poland,… Continue Reading
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In the summer of 2025, a new semi-finished food product factory with 250 jobs will be opened in Ternopil Oblast.
According to the Office of Sustainable Regional Development, a new factory that will produce wafer sheets and other dough-based products (tartlets, waffle cups for ice cream, dessert trays, etc.) will start production in the summer of 2025. The Investment Office team… Continue Reading
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How have relocated Ukrainian businesses affected their new regions financially?
Since the beginning of the full-scale war in Ukraine, an enterprise relocation program has existed. For the regions where these companies have moved, this means additional jobs and tax revenue. According to analysis, in the Zakarpattia region in 2021, 61.5% of the budget… Continue Reading
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Metinvest will cooperate with the Italian government to construct a €2.5B steel plant.
Ukrainian mining and metallurgical group Metinvest and the Italian Ministry of Enterprises signed a declaration of cooperation aimed at the revival of industry in the city of Piombino. The construction of a €2.5B modern plant that will produce green steel is planned…. Continue Reading
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Putin is ready to freeze the war at the current front line on the condition that Ukraine renounces NATO.
Officials close to the Kremlin told Reuters that Russian dictator Vladimir Putin is reportedly ready to discuss with Donald Trump a ceasefire agreement in Ukraine and freezing the war in place. The “separation” of the Donetsk, Luhansk, Zaporizhzhia, and Kherson… Continue Reading
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The UK allows Ukraine to use British Storm Shadow missiles deep inside Russia.
According to The Times, the change in London’s position may have resulted from the US giving permission for Ukraine to use its ATACMS long-range missiles, which was announced on November 17. British Prime Minister Keir Starmer has wanted to allow Ukraine to use weapons… Continue Reading
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The EU will spend the revenue from frozen Russian assets on armaments for Ukraine.
The head of EU diplomacy, Josep Borrell, proposed directing a significant part of the future second tranche of revenue from frozen Russian assets to the Ukrainian defense industry. According to Borrell, by the end of the year new supplies of military equipment for… Continue Reading