Category: 9. Business

In Latvia, private funding from Ardelta led to the creation of Ardlat, a startup that produces FPV drones with fiber-optic control that are equipped with proprietary reels containing cables and communication modules. The company has developed several reel options with…

According to Deputy Prime Minister Taras Kachka, regardless of the decision, there will be no budget gaps for 2026-2027, as Ukraine’s partners have agreed on continued financial support. Meanwhile, Slovak PM Robert Fico reaffirmed Slovakia’s stance against using…

Global Ocean Link has announced plans to develop a specialized logistics center dedicated to the processing, packaging, and storage of mineral fertilizers that will span 6,000 square meters. The facility will initially offer storage for up to 30,000 tons of product, with…

A recent trend in this sector involves communities engaging with prospective investors during the early planning stages, prior to submitting documentation for state registration. For instance, the Nosivka City Council (Chernihiv region) has entered into an agreement with…

Since the Russian full-scale invasion in 2022, three million tons of new oilseed processing capacity have become operational, with an equivalent amount now in the design and construction phase, according to Economy Minister Oleksiy Sobolev.

Sobolev highlighted that,…

Presidential adviser Oleksandr Kamyshin stated that the government intends to present both the weapons export plan and joint weapons production plan with partner countries by December. An investment forum is scheduled for early next year in a European country, where…

Ukraine plans to establish significant localization of Gripen fighter manufacturing by 2033, said Defense Minister Denys Shmyhal. He noted that this includes large-scale assembly and the production of specific parts. The minister added that a memorandum has already been…

Chairman of Rheinmetall AG Armin Papperger has shared that the delay is attributed to Ukrainian partners opting for a new site, with Rheinmetall anticipating that operations will commence within one year of completion. “Regrettably, the establishment of the ammunition…

The Cabinet of Ministers of Ukraine has reached an agreement with the US Department of State to allocate additional funding that will be used to enhance geological exploration efforts within Ukraine. According to Economy Minister Oleksiy Sobolev, these resources will be…

NATO member countries have accelerated their ammunition production, overtaking Russia, which previously outproduced the NATO allies, NATO Secretary General Mark Rutte announced at the NATO forum in Bucharest. He emphasized that the Russian threat will persist even after…