Category: 9. Business

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

Ukrainian Railways (UZ) plans to expand its fleet of intercity high-speed trains with 20 more Hyundai Rotem models that will enable the transportation of up to six million passengers per year, said Oleksandr Pertsovsky, head of the UZ passenger department. He specified that the Ukrainian… Continue Reading

Since early 2024, the Kvertus company has been developing EW systems that will operate noiselessly and will be able to plant  AI-enhanced drones. Currently, Russian drones with machine vision are not being mass-produced. However, the company is already preparing to present a new, unique… Continue Reading

The Nestlé company will open its fourth Ukrainian factory in Smoligov, Volyn. While the construction process continues, the company has already hired over 100 workers and has the same number of vacancies. When the new factory opens, the staff will increase to 300 people with further expansion…. Continue Reading

CRH Ukraine announced on the National Securities Commission website its intention to acquire a 99.9775% stake in the authorized capital of Dyckerhoff Cement Ukraine, which owns two cement factories in the Rivne and Mykolaiv regions. Earlier, the Antimonopoly Committee of Ukraine approved the… Continue Reading