Ukraine aims to finalize a four-year program with the IMF by year-end, having exhausted most of the funds from its current $15.5B agreement. Although the current program extends until 2027, as explained by the National Bank’s head, Andriy Pyshny, it mainly targets…
Category: 9. Business
-

In the second quarter, Ukraine’s economy reached only 79% of the same period in pre-war 2021.
Analysts from the ICU pointed this out, noting that in the second quarter Ukraine’s GDP grew by just 0.8% year-over-year. Experts observed that monthly data tracking components of Ukraine’s GDP show weakness in most economic sectors, although the situation improved…
Continue Reading
-

Support for Ukrainian defense tech: The EU launches new program, and Brave1 will collaborate with Dutch TNO.
With EU support, Ukraine is starting a joint initiative aimed at accelerating innovation and integrating the domestic defense industry into the EU ecosystem. The Better Regulation Delivery Office (BRDO) and the Brave1 defense cluster are working to execute the project. A…
Continue Reading
-

Nearly 60% of drone manufacturers’ production capacity remains unutilized because of a lack of orders, but controlled exports could help solve this problem.
The removal of Ukraine’s weapons export ban is unlikely to affect military drone supplies, as UAV manufacturers are currently operating at only 60% capacity due to limited orders and funding, says Vadym Yunyk, president of the Technological Forces of Ukraine. He…
Continue Reading
-

A Ukrainian pharmaceutical company is building an €80M pharmaceutical production plant in Uzhhorod.
The Biopharma Plasma company has completed 80% of construction on a facility that will produce blood plasma medications in Uzhhorod (Transcarpathia). The first phase of production is scheduled to begin in the first half of 2026. Initially, the plant will produce targeted…
Continue Reading
-

To support Ukraine’s energy system, DTEK is expanding its cooperation with US Fluence to develop a 133 MW project in Poland.
DRI, a subsidiary of Ukrainian energy holding DTEK that specializes in renewable energy within the EU, has selected US Fluence Energy to supply energy storage systems for the 133 MW Trzebinia project in Poland. Its commissioning is scheduled for 2027. This project will…
Continue Reading
-

Ukrnafta has secured around €400M in financing for the construction of over 400 MW of generation capacity.
Ukrnafta’s top manager, Oleksandr Hryban, said that in order to transform the company’s gas from simply a commodity into added value, the company has made a strategic decision to develop power generation, with 400 MW in projects already underway. He noted that most…
Continue Reading
-

Optimism about future financial support for Kyiv from international partners has increased the value of Ukrainian Eurobonds.
Analysts at the ICU investment company noted that last week more details emerged in the media about potential ways to support Ukraine financially during 2026 and 2027. The EU might replace Russian assets with zero-coupon bonds and offer funds as “reparations loans”,…
Continue Reading
-

Slovakia and Poland demand the creation of a dedicated fund to protect their farmers from Ukrainian goods.
Slovakia and other neighboring EU countries are pushing for this fund, as their farmers have suffered from the import of agri-food products from Ukraine, said Slovak Agriculture Minister Richard Takacs. He noted that the European Commission has proposed a 25% increase in…
Continue Reading
-

A crushed stone enterprise with 20 million tons of raw material reserves is being sold in the Zhytomyr region.
A quarry with estimated reserves of 20 million tons and a granite processing plant are available for purchase in Zhytomyr for $3M. The Raikivskyi Granite Plant benefits from convenient logistics, including a nearby railway station. The quarry covers an area of 23…
Continue Reading
