President Zelenskyy said his forces are engaged in fierce battles in the strategic eastern city of Pokrovsk as Russia mobilizes troops to seize the stronghold. Pokrovsk’s potential fall in the Donetsk region would leave two major Ukrainian-held cities, Slovyansk and…
Category: 9. Business
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Trump and Xi Jinping have agreed to work together to end the war in Ukraine and on broad bilateral cooperation.
US President Donald Trump and Chinese President Xi Jinping met in the South Korean city of Busan and discussed several strategic issues. Notably, the parties agreed to reduce overall tariffs on Chinese goods from 57% to 47%. The tariffs will be lowered in exchange for…
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Poland will maintain an energy coalition with Ukraine for eight years.
Poland has been Ukraine’s strategic partner in the energy sector for many years, and Warsaw will also support Kyiv in the coming months amid energy threats from the Russian aggressor, said Wojciech Jakubik, a Polish expert at the Center for Energy Security, commenting…
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In November, three companies will transport gas from Greece to Ukraine.
These companies have booked 600,000 cubic meters of gas per day via the Trans-Balkan route for November. The companies involved include Greek DEPA Commercial, D.Trading, and Swiss Axpo Trading. The GTS Operators in Ukraine, Moldova, Romania, Bulgaria, and Greece have…
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Russia’s losses from oil sanctions will reach $50B a year: Lukoil has found a buyer for its foreign assets, and Germany is considering the nationalization of Rosneft’s assets.
According to President Zelenskyy, Russia’s projected losses from these restrictions are at least $50B a year, which aligns with estimates from Ukraine’s Western partners ($5B a month). Zelenskyy expects the West to tighten restrictions because a supply shortage is…
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Small and medium-sized Ukrainian businesses have plans to grow through grants, export development, and digitalization.
According to the annual Mastercard SME Index 2025 study, two-thirds of small and medium-sized entrepreneurs (67%) intend to expand their businesses. Their main growth strategies include opening new points of sale and increasing production (44% of respondents), utilizing…
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The World Bank has provided Ukraine with $177M to support reform.
Ukraine received this amount through two projects aimed at reform assistance. Specifically, $147M was allocated under a SURGE project, Supporting Recovery through Smart Fiscal Management, and an additional $30M under a THRIVE project, Transforming Healthcare through…
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Ukraine aims to boost its agricultural exports to Japan, the EU, and the US.
Ukrainian and Japanese government officials discussed opportunities to deepen cooperation in agriculture, particularly the adoption of innovative agricultural technologies, using satellite data to monitor crop health, and implementing robotic technologies for vegetable…
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French and Czech gunsmiths are collaborating on the development of interceptor drones and ammunition with Ukraine.
French company Alta Ares, which has offices in Paris, New York, Athens, and Kyiv, will produce interceptor drones in partnership with Ukrainian developers. One of the company’s main products is Pixel-Lock, an AI-based guidance software system that detects, tracks, and…
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A new multi-profile industrial park in the Lviv region is expected to attract about $11.3M in investment.
The Cabinet of Ministers has registered the Phoenix – Valley of Innovation industrial park, located in the city of Drohobych (Lviv region). The 11.12-hectare area will host enterprises that work in construction materials, household appliances, woodworking, agricultural…
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