Category: 9. Business

More than 65% of all housing sales on the primary market are carried out with the help of installment programs, about 30% are sold for the full price, and 5% with the help of mortgages – the state program eOselya and joint mortgage programs between banks and developers. Before the start of… Continue Reading

Vinnytsia scientists are developing new production technologies with high economic efficiency to increase the productivity of local agricultural enterprises. In addition to cultivating vegetable crops, farmers have built a new modular farm to raise snails. The new products are already being… Continue Reading

Ukraine has registered two new industrial parks, creating 1,350 jobs: Sokyryany Industry HAB in Western Ukraine and KIT in Bucha (Kyiv Oblast). KIT will attract ₴1.75B in investment and specialize in the processing industry – it will produce plastic construction products, metal doors,… Continue Reading

According to a financial report, sales for almost all of Ukraine’s largest retailers increased from January to June, except for Auchan Ukraine. ATB’s sales increased by 14.3% to ₴97.5B. The retailer rebounded from a loss with a profit of ₴1.6B. Fozzy Group’s revenue increased by 3.3% to… Continue Reading

In the second quarter, the net hryvnia commercial credit portfolio increased by 20.5% year-on-year, according to the National Bank. Business lending accelerated in all groups of banks, especially in the segment of small and medium enterprises (SMEs). Net hryvnia loans to SMEs grew by more than… Continue Reading

said the Commander-in-Chief of the Ukrainian Armed Forces, Oleksandr Syrskyi. Syrskyi clarified that the search for and destruction of the enemy in Sudhza and three other Kursk region settlements has been completed. “To maintain law and order and ensure the priority needs of the population in… Continue Reading

The Armed Forces of Ukraine have enlisted air support in the Kursk region offensive, mainly Soviet fighter jets. According to Forbes, a Ukrainian Su-27 struck the Russian command post in Tyotkino. American JDAM aerial bombs were used in the attack. However, the Ukrainian army is refraining from… Continue Reading

Early this week, the Fitch rating agency downgraded Ukraine’s long-term credit rating from level C to RD. The $750M 2026 Eurobonds, on which Ukraine failed to make the August 1 coupon payment, were downgraded to level D. These changes were expected and are only temporary, said head of… Continue Reading

Inflation in Ukraine will accelerate over the next 12 months but will not exceed 9%. Such is the forecast given by bankers, financial analysts, and heads of enterprises. In July, financial analysts predicted inflation to be at 7.2% during the next year. This is higher than the previous… Continue Reading

In the first half of the year, Ukrainians paid with cards through the PrivatBank network for 1.6 billion purchases worth ₴451B. This is 27.3% more than in the first half of last year. At that time, the indicators were 1.3 billion payments totaling ₴350B. According to the bank, Ukrainians… Continue Reading