The EU is weighing options to use frozen Russian assets to provide a “reparations loan” to Ukraine, aiming to boost its financial position and avoid a potential veto from Hungary. Not all 27 EU countries can participate in this mechanism, which involves replacing…
Category: 9. Business
-

The European Commission has approved the 19th package of Russian sanctions.
EC President Ursula von der Leyen confirmed that the package will ban the import of liquefied gas from Russia. Additionally, 118 more ships from the shadow fleet will be added to the EU sanctions list, and Gazpromneft and Rosneft will be prohibited from conducting…
Continue Reading
-

Ukraine plans to spend ₴22.3B on infrastructure restoration in 2026, which is fraction of what the state needs.
The Ministry of Development and Reform announced that it lacks necessary funds for road repairs and that they are seeking 400-500% more. Ukraine’s 2026 draft state budget, which covers programs managed by the Ministry of Development of Communities and Territories,…
Continue Reading
-

Ukrainian businesses see ending the war and tax cuts as keys for growth.
Nearly 89% of entrepreneurs cited ending the war as the main stimulus for business development, followed by tax cuts (37.6%), although this is 10 percentage points lower than in January, according to the August survey by the Institute for Economic Research (IER). The…
Continue Reading
-

Ukraine has confirmed its reserves of critical minerals, which can attract foreign investment.
The State Geology and Subsoil Service has summarized the country’s reserves of critical and strategic minerals in Ukrainian deposits and published a report. The list includes unlicensed deposits and subsoil areas with mineral and rare earth metal deposits. Most are…
Continue Reading
-

Two logistics companies have invested $7M in the first phase of constructing a container terminal in the Kyiv region that will facilitate cargo transportation to Ukrainian and European ports.
Lemtrans, a transport and logistics group (Kyiv), together with Rail Trans Investment (Odesa), have completed the first phase of the Fastiv Container Terminal (Kyiv region), investing approximately $7M. As part of the project, two new railway tracks and a container yard…
Continue Reading
-

Four Western companies are investing over $100M in Ukrainian defense technologies.
Four companies have announced plans to invest over $100M in Ukraine’s defense tech sector, along with their first closed investment rounds. One such example, NUNC Capital (Netherlands) is investing €20M to support Ukrainian defense innovations. Verne Capital…
Continue Reading
-

A Ukrainian developer of jet engines for missiles and drones has secured investment from Oppenheimer Acceleration.
Oleksandr Soroka, the founder of the American-Ukrainian venture fund Oppenheimer Acceleration, announced an investment in a Ukrainian company, Scopa Industries. He did not reveal the investment amount, but Ukrainian startups previously received $25,000 from Oppenheimer…
Continue Reading
-

Zelenskyy announces the imminent start of arms exports.
President Zelenskyy reported that the country will cover its defense industry’s funding gap this year, largely through managed exports of certain Ukrainian weapons. “Thanks to such exports, we will increase the production of drones for the front”, he added.
The…
Continue Reading
-

German Chancellor: Ukraine’s surrender to Russia is unacceptable.
“A forced peace without freedom would only push the Russian dictator Putin to look for a new goal”, said German Chancellor Friedrich Merz during a parliamentary debate on the 2025 budget in the lower house of the Bundestag in Berlin. He also stressed that Moscow is…
Continue Reading
