Category: 9. Business
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Ukraine’s largest alternative electricity producer invests €300M in constructing a 200 MW wind farm.
Ukraine’s largest alternative electricity producer – Elementum Energy, owned by the international VR Capital Group, has launched a 200 MW wind farm project in western Ukraine. The power plant will be built an the intersection of the Lviv, Ternopil, and Rivne regions,… Continue Reading
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Ending the war in Ukraine will be Trump’s priority immediately after his inauguration.
US President-Elect Donald Trump said that he considers the war in Ukraine a higher priority for him than the conflict in the Middle East. Trump stressed the importance of resolving the conflict between Ukraine and Russia, noting that both countries are enduring huge… Continue Reading
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The US will sell Ukraine $266M in F-16 equipment and Canada will provide $587M in military assistance.
The US State Department has preliminarily approved the sale of maintenance-related equipment for F-16 fighters to the Ukrainian government, the US Defense Security Cooperation Agency said in a statement. Earlier, Kyiv officially requested necessary equipment and services… Continue Reading
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Macron plans to discuss the deployment of a peacekeeping mission to Ukraine with Poland.
French President Emmanuel Macron shared an idea for a European peacekeeping mission in Ukraine that could involve 40,000 troops. The mission would become a new safeguard against future Russian attacks, following the Korean security guarantee model. This will be possible… Continue Reading
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Ukraine is developing its own long-range weapons to counter Russia and is testing new missiles.
The Ukrainian government is preparing for a reduction in Western military aid next year and is trying to increase its domestic weapons production capacity. The emphasis is on weapon systems that can profoundly impact Russian territory. According to Ukrainian officials,… Continue Reading
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Hungary’s “peacekeeping mission” continues as Orban speaks with Putin for an hour about his US visit on his way to visit Erdogan in Turkey.
Hungarian Prime Minister Viktor Orban, who recently flew to the US to discuss Ukraine with Donald Trump and his team, spoke for an hour with Russian dictator Putin on December 11. “We are taking all possible diplomatic steps in favor of a ceasefire and peace talks,”… Continue Reading
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Ukrainians support joining NATO without the occupied territories, but they consider nuclear weapons to be the best security guarantee.
According to an Info Sapiens survey, 70.3% of Ukrainians positively assess a scenario in which NATO would invite Ukraine to join with its internationally recognized borders recognized. However, Article 5 of the NATO Charter, which guarantees collective defense, will not… Continue Reading
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Ukraine will be able to confront Russia without US assistance during the first half of 2025.
However, the likely termination of US aid to Ukraine could become a serious challenge, so Ukraine needs a plan for cooperation with the new US administration, said Minister of Finance Serhiy Marchenko. The Ministry of Finance assumes that tax revenue receiving almost… Continue Reading
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Private arms manufacturers say there are no government orders for 2025 to load existing capacities.
In Ukraine, 75% of 31 private companies in the defense-industrial complex said they are not negotiating to conclude any government weapons contracts for 2025. Only 19% of manufacturers have transitional contracts extended for the next year. Most of these agreements… Continue Reading
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An Irish company invests €280M in a building materials plant in the Lviv region.
The Kingspan Group will build a building materials production plant in the Murovans’ka AH (Lviv region). The company will invest €280M in constructing an innovative, sustainable building materials campus, said the Executive Director of the Kingspan Group, Mike… Continue Reading