On November 10, Russian forces targeted and damaged energy infrastructure across several regions of Ukraine. On November 9, three Russian drones struck the Clear Energy biomass CHP plant in the Chernihiv region. Commissioned in 2016, this facility was Ukraine’s first…
Category: 9. Business
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China has become a renewable energy superpower; the EU could save €250B annually through electrification.
China has installed nearly 900 GW of solar capacity, surpassing the total capacities of Europe and the US combined. Last year, China produced 1,826 TWh of electricity from solar and wind, 400% more than the energy equivalent of all its nuclear warheads. China has become…
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The business climate index has increased across Ukraine, with the highest scores in the West.
In the western part of the country, most entrepreneurs find the conditions for doing business satisfactory, while in other regions, the outlook is less optimistic, according to a survey by the EBA. To illustrate, in Lviv, 65% of entrepreneurs rate the conditions as…
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Kovalska has postponed the commissioning of its gas concrete production facility in the Lviv region.
Construction materials producer Kovalska is currently completing preparations for the initial phase of its autoclaved aerated concrete plant in Western Ukraine. Originally slated to commence operations in August 2025, the launch has been deferred to late 2025 due to…
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The EU plans to invest €540B in railway modernization, while UZ needs to find ₴48.8B to maintain sustainable operations.
The European Commission has released a comprehensive plan to upgrade all of the railway connections across the EU. The plan states that by 2040, all major EU railway hubs should be linked by roads enabling speeds of 200 km/h, with most capable of reaching 250 km/h or…
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Ukraine’s vegetable oil export revenue rose by more than 65% in October.
In October 2025, Ukraine recorded substantial advancement in its vegetable oil exports, with total shipments valued at $619.5M, marking a 65.4% increase from September. Export volumes increased by 63%. Sunflower oil was the principal contributor, with both value and…
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Ukraine will have gas this winter: The state-owned energy company has finalized several strategic agreements with Greek and Polish partners.
Naftogaz signed a memorandum with Greek company Atlantic-See LNG Trade S.A. for the supply of liquefied natural gas (LNG) from the US to Ukraine via Greek gas terminals and the Vertical (Trans-Balkan) Corridor. The new agreement will enable phased implementation of new…
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The new US sanctions have resulted in increased discounts on Russian oil.
The price gap between Russian Urals and Brent crude in Asia has reached its highest level in a year after major Indian and Chinese refiners reduced their purchases in response to sanctions affecting Russia’s leading oil companies. The price difference widened by $2 per…
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Ukraine was not able to reach an agreement to restructure its GDP warrants.
The MoF reported that negotiations with a committee representing institutional investors holding approximately 35% of Ukraine’s GDP warrants, which took place from October 16 to November 5, ended without a resolution. The Ukrainian government proposed converting GDP…
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Russia has intensified its targeted attacks on Ukraine’s power infrastructure.
According to Deputy Energy Minister Artem Nekrasov, Russia has adjusted its tactics and is now conducting simultaneous strikes on both generation facilities and electricity transmission and distribution networks. He noted that this strategy complicates efforts to quickly…
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