Category: 9. Business

Andriy Hrytsenyuk, director of the Brave1 defense cluster, stated that these companies are conducting missile tests at designated test sites. Their efforts include dozens of developments in cruise and anti-aircraft missiles of different ranges and characteristics. He…

Preparations for the plant’s launch are being finalized in the Kozlivska community in the Ternopil region, said Vyacheslav Negoda, head of the Ternopil Administration. According to him, reconstruction work that began in 2016 is nearing completion at the Porizovanna…

On September 12, the State Property Fund conducted an auction to privatize the state-owned enterprise Spetsagro, acquired by the Best Format Plus company. Spetsagro owns 36 units of real estate and infrastructure in Kyiv and Zhytomyr. Starting at ₴4.98M, Yevhen…

Anton Andrienko, a representative of the Ministry of Economy, told the Industrialists’ Forum that the number of registered industrial parks in Ukraine has doubled over three years and has now reached 105 facilities, with another 30 applications under review by the…

Ukrainian Defense Minister Denys Shmyhal said at the annual YES conference in Kyiv. “If the war ends, we will need not much less in order to simply keep our army in good shape in case of a secondary attack from Russia”, Shmyhal added. In this context, he supports the…

Washington claims that Chinese and Indian imports of Russian oil are funding Russia’ s military aggression and proposes tariffs in the range of 50-100%. Brussels warns that such high tariffs on Beijing and New Delhi could have serious economic consequences and might…

According to Bloomberg, the US recommends creating a legal pathway for the confiscation of frozen sovereign Russian assets and their potential use to finance Ukraine’s defense. Around $300B of Russian assets are being held in Europe. Meanwhile, Politico reports that…

According to NATO Secretary General Mark Rutte, the new mission aims to strengthen defenses on Europe’s eastern flank and is a direct response to the drone incidents. Denmark, France, the United Kingdom, and Germany have already joined, with more countries expected to…

Russia is ready to resume peace negotiations, but currently, there is a hold on the process, said Dmitry Peskov, the Russian president’s press secretary. He added that people should not wear “rose-colored glasses” and expect quick results, as negotiations take time…

On the night of September 12, over 30 Ukrainian drones targeted the Leningrad region, hitting the port of Primorsk, Russia’s largest oil loading hub. The Ukrainian Security Service reported that fires broke out on two ships of the Russian shadow fleet and at a pumping…