Category: 9. Business

The UK plans to allocate another £120M ($155M) to support the Coalition of Naval Forces and Means for Ukraine. London is also looking for partners to co-finance the supply of “hundreds” more maritime drones and surveillance radar systems to protect the Ukrainian grain corridor. In… Continue Reading

Washington is concerned about the EU’s weapons procurement plan, which prioritizes purchasing European weapons. The US believes that this is not the cheapest or fastest way to get weapons to Ukraine and other countries that need them, said outgoing US Ambassador to NATO Julianne Smith. Amid… Continue Reading

The EU’s future expansion will not weaken, but rather will increase the bloc’s competitive advantages. During European integration, each candidate country must fulfill necessary criteria, including economic requirements. However, in Ukraine’s case, competition in the single market and the… Continue Reading

In 2024, Ukrainian entrepreneurs can take advantage of several support programs, including: EU4Business provides grants of up to €10,000 for businesses in manufacturing, the creative industries, and logistics sector. EIT Food offers up to €1M for agriculture and food technology start-ups…. Continue Reading

During the first nine months of 2024, Ukraine exported 48.9 million tons of agricultural products worth $10.5B. The volume farm product exports for the year increased by 9.9 million tons, or by $1.4B. This growth is primarily related to the restoration of maritime transportation. 89% of the… Continue Reading

According to the IMF’s New World Economic Survey (WEO), after a downturn during the pandemic immigration to the EU reached an all-time high in 2022, mainly due to the migration of more than four million refugees from Ukraine. “Ukrainian refugees have integrated into EU labor markets… Continue Reading

In the first half of 2024, the tourism sector achieved a net income of ₴5.8B, almost 29% (in nominal terms) higher than the results for the same period in 2023. According to experts, such an increase may indicate an increase in tourist flows in the country, which is associated with the… Continue Reading

The largest gas station network in Ukraine, OKKO Group, is building an all-season mountain resort, the GORO Mountain Resort in the Lviv region. Construction was planned to begin in the spring of 2022, but the Russian invasion postponed these plans. The GORO Mountain Resort’s total area will… Continue Reading

When Ukraine gave up all of its nuclear weapons in 1996, it received nothing in return except full-scale war. “That’s why we need NATO, because we don’t have weapons to stop Putin,” the President of Ukraine emphasizes. According to him, there is a consensus among most NATO member… Continue Reading

Ukraine will receive a loan from the UK for £2.26B ($2.93B), secured by profits from the frozen assets of the Russian Federation. The funds will become additional funding (up to £3B in military aid per year) for purchasing required military equipment. It is noted that £2.26B is London’s… Continue Reading