Category: 9. Business

According to President of the Ukrainian Fruit and Vegetable Association Taras Bashtannyk, adverse weather conditions have resulted in notable crop failures, driving berry prices to record levels this season. Farmers report losses of 40–50% in strawberry yields and…

Whereas only 16% of Ukrainian refugees were employed in Germany during the summer of 2022 – following the onset of the full-scale Russian invasion – this figure has increased to 51% after three years. According to Andreas Ette, head of the study at the Federal…

This statement was made by Vasyl Voskoboynyk, head of the Migration Policy Office, who added that the country currently needs between 8.6 and 8.7 million workers. However, labor migration to Ukraine has not yet become widespread. According to the expert, only 4,000 work…

Despite ongoing budgetary challenges, German authorities are preparing to enhance Ukrainian financial support by an additional €3B for 2026, as reported by Handelsblatt. The funding is anticipated to be allocated across both civilian and military projects. While the…

President Zelenskyy has stated that Ukraine will require an estimated $2B worth of gas for this year’s heating season, but the war-torn country still lacks approximately $750M to purchase the needed gas. Europe will contribute another €127M to support Ukraine in this…

According to UTG real estate market analysis, the number of representative offices belonging to international companies in Ukraine continues to decline in the third quarter. Currently, there are 616 such offices, down from 627 in 2021, before the full-scale war began….

Swedish billionaire Torbjorn Tornqvist, founder of Gunvor, has entered into an agreement to purchase all of Lukoil’s overseas holdings following the imposition of new US sanctions against the Russian oil conglomerate. The transaction involves Gunvor taking control of…

The transparent privatization processes of Ukrgasbank and Sense Bank are anticipated to encourage the return of international financial institutions to Ukraine’s banking sector. According to Olena Voloshyna, head of IFC Ukraine, current investor caution stems from…

On November 4, the Verkhovna Rada passed a law providing for tax-based compensation for capital investments, according to Deputy Chairman of the Committee on Economic Development Dmytro Kysylevsky. Investment projects eligible for compensation must be carried out within…

The Verkhovna Rada has approved, as a foundation, a draft law for energy sector infrastructure projects that serve the public interest. The law proposes amendments to several laws that are aimed at easing permit procedures for energy infrastructure projects. The Cabinet…