Veteran of the Russian-Ukrainian war Mykhailo Malkov, along with his wife, is raising warm-water shrimp and African catfish at the Transcarpathian Shrimp Aquafarm near Mukachevo. The farm was launched this March thanks to the eWork government grant program. Through this…
Category: 9. Business
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Ukrenergo will receive €150M from international partners to restore Ukraine’s power system.
The European Bank for Reconstruction and Development (EBRD) plans to provide Ukrenergo with up to €90M via a state-guaranteed loan. The loan’s goal is to rebuild select substations, create a reserve of electrical equipment, and acquire equipment for interconnections….
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The US has suspended discussions on the normalization of relations with Russia, although the Kremlin has requested that meetings between Putin and Trump resume.
Currently, bilateral dialogue aimed at addressing unresolved issues in the US-Russian relationship has stalled. No further negotiations are scheduled concerning the restoration of full embassy operations in Moscow and Washington following the second and final round of…
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Ukrainian drones have targeted approximately 77,000 enemy sites, with ongoing operations against refineries and military depots.
Commander-in-Chief of the Armed Forces of Ukraine, Oleksandr Syrsky, reported that over the past month, Ukrainian drones engaged 77,000 enemy targets, achieving notable success with FPV drones and heavy bomber units. Concurrently, Russian forces are analyzing Ukraine’s…
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Millions of barrels of Russian oil are currently stranded at sea as major buyers look elsewhere, reducing the Kremlin’s military funding.
For three weeks, seaborne Russian oil shipments have dropped, hitting a two-month low after US sanctions led some Asian countries to scale back their purchases. As a result, over 350 million barrels are now stored on tankers – a 7% rise since early September. This…
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Germany and the UK are cutting ties with Russian LNG, while China is actively seeking ways to increase its imports.
The German Economy Ministry has instructed SEFE, a former unit of Russia’s Gazprom that was nationalized after Russia’s invasion of Ukraine, to end a deal to import Russian LNG. Specifically, companies will be allowed to refuse to fulfill contractual obligations…
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The Ukrainian Parliament supports a 50% tax on banks for 2026.
The Verkhovna Rada Committee on Finance, Tax, and Customs Policy recommended that the parliament adopt a draft which proposes the temporary implementation of a 50% tax rate on bank profits in 2026, said Danylo Hetmantsev, head of the committee. The draft, which is being…
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A building materials manufacturing enterprise is being offered for sale, and an agricultural business featuring 1,300 hectares is also available.
Specifically, the Poltava investment opportunity involves a dry cement mixture production complex located in Kremenchuk, with a line capacity of 3-5 tons per hour and the capability to produce various types of construction mixes. The asset package includes modern…
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The Swiss government has submitted a revised free trade agreement with Ukraine to parliament.
The Swiss Federal Council has submitted a draft resolution for the ratification of the Free Trade Agreement between the European Free Trade Association and Ukraine. This agreement demonstrates Switzerland’s support for Ukraine during a critical time while also boosting…
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Ukraine is strengthening its dialogue with the EU on the common agricultural policy.
A roundtable discussion centered on integrating Ukraine and the EU’s agricultural sectors was held in Brussels, Belgium with the participation of delegates from the Ukrainian government and business sector, the European Parliament, and the European Commission. The…
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