Category: 9. Business

The EBRD invested $5M in shares of Israeli company SeeTree, which specializes in developing software for monitoring the health and productivity of trees. The investment is aimed at creating a subsidiary company in Ukraine. The EBRD invested $16M in preferred series C shares within the framework… Continue Reading

According to the NBU, the amount of export earnings received in Ukraine for January-June 2024 exceeded the result for the same period in 2023 by 15.9%, or $3.3B, while the amount of unreturned foreign exchange earnings remained at the previous level of $7-8B. “Therefore, the practically… Continue Reading

In July, the amount of funds in household hryvnia accounts temporarily decreased, but at the beginning of August, they recovered and continued to grow without affecting the banking system’s financial stability or liquidity, the NBU said. As of August 9, the volume of hryvnia balances in… Continue Reading

The Cabinet of Ministers approved the National Renewable Energy Action Plan for the period up to 2030 and the planned measures for its implementation. It is anticipated that the share of renewable energy sources in the gross final energy consumption in 2030 will be 27%, namely: heating and… Continue Reading

Top manager of the Novus network, Dainius Tumėnas, said that Novus has already invested more than ₴70M in its energy efficiency program. Diesel generators are installed at 98% of facilities. One of the supermarkets in the Kyiv region is equipped with a solar energy system (SES), which… Continue Reading

Top manager of the Novus network, Dainius Tumenas, said that Novus has already invested more than ₴70M in its energy efficiency program. Diesel generators are installed at 98% of facilities. One of the supermarkets in the Kyiv region is equipped with a solar energy system (SES), which… Continue Reading

The military success of the incursion undertaken by the Armed Forces of Ukraine in the Kursk region remains in question. Russia is withdrawing its units from other areas of the front at a slower pace than the Ukrainian command would like. “The minimum goal is to withdraw Russian troops from… Continue Reading

As Welt writes, the Russian economy has proven that it can perform better than expected despite economic sanctions, but its current growth stems from the military industry. Economists predict Russia will have to maintain military production even if the war ends. Otherwise, the country will face… Continue Reading

This summer, European traders have contracted only a small portion of Ukrainian gas storage capacity following Russian attacks. The FT notes that increased risk and a lack of price incentives have reduced the Ukrainian facilities’ attractiveness. According to Argus, in June and July European… Continue Reading

Scientists presented research on the development of investment projects in Ukraine: To achieve the goals of the Development of hydrogen energy in Ukraine project, a total investment of €32.882B will be necessary. The average annual contribution to GDP will be €5.817B. The Development of… Continue Reading