The government has approved a resolution to amend the Classification of Mineral Reserves and Resources of the State Subsoil Fund. This update aligns the national reserve calculation and accounting system with the UN Framework Classification. This approach, common in EU…
Category: 9. Business
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While Turkey is decreasing its Russian oil imports and switching to American LNG, Europe continues to purchase over €1B worth of Russia energy resources every month.
In September, Turkey’s imports of Russian Urals oil fell to approximately 1.2 million tons, the lowest total since April. This decline stems from competition from other suppliers, increasing concerns about Western sanctions, and US President Donald Trump’s calls for…
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The Ukrainian government has approved a recovery plan for the next three years, and the EC has evaluated reconstruction projects.
The government has approved an action plan for 2025-2027, which includes 101 points for the comprehensive recovery of Ukraine’s regions, from reintegrating de-occupied territories to creating modern social infrastructure within communities. The document is organized…
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The UK is involved in creating a drone wall for defense, while Finland is establishing a NATO strike brigade along the Russian border.
The UK will play an active role in developing the drone wall, which aims to protect NATO’s eastern flank from potential Russian attacks through the air. UK Defense Secretary John Healey highlighted that, along with its NATO allies, the UK is ready to “demonstrate to…
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In Ukraine, the share of profitable large and medium-sized enterprises reaches 74%.
In the first half of 2025, these enterprises earned ₴555B in profits from their activities, which was 340% higher than their losses. The share of profitable companies was 74.3%. The highest profits were recorded in the industrial sector (₴204B), the insurance and…
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Subsoil agreement: Naftogaz proposes resuming shale gas projects in Ukraine and is negotiating the start of direct imports of American LNG.
Ukraine has submitted initial projects under the mineral agreement with the US to support the economy during wartime. It is noted that Naftogaz Group may be among the first investments of the joint fund. So far, the company has submitted 10 initiatives in production and…
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Ukraine can decrease its drone manufacturing funding gap by opening controlled arms exports.
President Volodymyr Zelenskyy stated that Ukraine lacks funding for interceptor drone production, even though many local companies are already capable of producing these drones. He mentioned that funds for weapons, including drones, are planned to be obtained from…
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Ukrainian companies are expanding their industrial infrastructure nationwide.
In the Ternopil region’s Zbarazh community, Favor has begun operating a plant that produces tin containers used in the food and chemical sectors, having relocated from the Sumy region. It took roughly eight months from signing the lease for the land to completing the…
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The European Commission is nearing a decision on how to utilize Russian assets.
It has formally suggested to European capitals that frozen Russian assets be used to fund a new €140B loan for Ukraine. The EC recommends issuing the loan in installments, primarily for “defense cooperation” and Kyiv’s other budget needs.
Additionally, it
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New housing prices in Kyiv are expected to rise another 10-15% by the year’s end.
According to real estate experts, a drop in supply and steady demand are driving ongoing price increases in new buildings. It is estimated that by the end of the year about 12,000-14,000 new apartments will be available, which is 15-20% fewer than last year.
In the first…
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