Category: 9. Business

Denmark is initiating a system integration project for Ukraine– the Ukraine Transition Program– with a budget of €375M. The program focuses on three main areas: supporting resilience and early recovery, enhancing energy security and transitioning to green energy,…

The European Commission is working to complete its screening as part of preparations for opening negotiation clusters on Ukraine’s EU accession, said EC spokesman Guillaume Mercier. “The screening process is proceeding at record speed when it comes to Ukraine and…

The IMF is urging Ukraine to take decisive action against the shadow economy, which, according to the Cabinet of Ministers, accounts for more than 30% of the country’s GDP. This was a key topic during IMF mission talks with Ukrainian government officials in…

The Regional Development Agency of the Odessa region and a company with American backing, Lavender Terminal, signed a memorandum to implement an investment project aimed at resuming the grain terminal’s operations at the Odessa Sea Trade Port. The terminal has a…

The Zolotonisky Bacon company from Time Investment Group will soon open the new AMILL-CORN plant, specializing in corn processing. The facility will process up to 100,000 tons of domestic grain annually. Modern technologies will ensure quality at all stages of…

The EBRD will allocate a €100M risk-sharing guarantee to state-owned Ukreximbank to expand lending to Ukrainian businesses. The guarantee will cover up to 50% of the credit risk. Up to €20M of risk-sharing sub-loans will be used to finance long-term business…

Founded in 2022, Ukrainian defense company Falcons received funding from a US-based Venture Capital Firm – Green Flag Ventures. Falcons specializes in creating affordable electronic warfare solutions that operate without GPS signals. Their direction-finding system…

In response to the Russian drone incursion into Poland on September 10, EU states used modern F-35 fighters from the Netherlands and Patriot air defense systems from Germany to secure Poland’s airspace. NATO has confirmed that three Russian drones were destroyed by two…

On Wednesday September 10, the US House of Representatives passed a defense policy bill totaling $892.6B. The bill aims to boost the country’s military readiness, increase pay for US military personnel, and also allocates $400M to the Pentagon’s Security Assistance…

Although US President Donald Trump previously discussed the need for a direct peace agreement between Ukraine and Russia to ensure lasting peace, now the US is considering a ceasefire agreement instead. A ceasefire would be a middle ground between a temporary halt and a…