Category: 9. Business

Hungary has rejected the EU’s proposal to establish a €100B fund to support Ukraine, arguing that backing such an initiative would amount to “financing war.” This statement was made by an advisor to Hungarian Prime Minister Balázs Orbán. According to him, the…

The investor has signed an agreement with European equipment providers for the construction of NovaSklo, Ukraine’s inaugural float glass facility, which is planned to start operations by 2028 with an investment over €240M. The project has agreements with German…

German Chancellor Friedrich Merz condemned the largest Russian attack on Ukraine to date on the night of July 9. “Diplomacy has exhausted its means and resources. The criminal regime openly questions the right to exist of an entire country by using military force and…

Rick Crawford, chair of the US House Intelligence Committee, stated that after a recent unsuccessful conversation President Trump’s patience with Vladimir Putin is nearly exhausted. The US president remarked that Putin is always friendly during talks, but it is often…

Despite the war, persistent shelling of infrastructure, and risks to staff, UZ has shown consistent growth in passenger numbers. Last year, 65.7 million people traveled by train, one million more than in 2023. This marks the second consecutive year of growth after a…

The European Union is considering establishing a new €100B fund that would provide long-term support to Ukraine amid its prolonged conflict with Russia. The proposal will be discussed as part of developing the new multiannual financial framework (MFF), which the…

According to an AmCham survey, 70% of surveyed Ukrainian companies do not expect a ceasefire or significant de-escalation of the war in 2025. At the same time, over the next three years 53% of respondents plan organic growth within their current operations, 37% aim to…

Arseniy Nasikovsky, a partner at the DIM group of companies, mentioned during a business summit in Lviv that in Kyiv investor interest in the primary housing market has declined. Before the full-scale war, 60% of sales were made by investors early in the construction…

European Commissioner for Enlargement Marta Kos praised Ukraine’s progress toward its Eurointegration, stating that the country is doing remarkably well. The decision to open negotiations requires unanimous approval from the European Council. Technically, the EU is…

Volodymyr Kudrytskyi, the ex-head of state energy company Ukrenergo, along with entrepreneur Andriy Nemirovskyi and Dragon Capital, which is led by Tomasz Fiala, are developing an energy project that includes energy storage systems, gas generation, and renewable energy….