Category: 9. Business

Following the opening of Ukraine’s first European-standard railway from Chop to Uzhhorod, the Cabinet of Ministers intends to develop a Eurotrack network along 10 more routes, said deputy Prime Minister Oleksiy Kuleba. He explained that the gradual integration of…

The Cabinet of Ministers simplified procedures for importing equipment needed for projects with significant investment (over €12M). Notably, the government increased the deadline for submitting information about the content and volume of imported goods to the Ministry…

The Minister of Economy, Oleksiy Sobolev, noted that the government advised extending the settlement terms for certain mechanical engineering products to 270 days. Therefore, the ministry plans to consult with the National Bank on this matter. “Unfortunately, this year…

Work is underway at the Peretyn logistics center, valued at ₴1.3B ($31M), with an estimated payback period of 7-9 years. The 51,000-square-meter logistics center is expected to create over 700 jobs. The project is utilizing natural raw materials such as concrete,…

In a press conference, US President Trump mentioned that several European leaders are set to visit Washington early this week to discuss ways to resolve Russia’s war against Ukraine. He also noted that he’ll be holding talks with President Putin soon and, according…

Croatian Defense Minister Ivan Anušić stated that Croatia will not send troops to Ukraine, stating that the country is not prepared, willing, or planning to do so. He clarified that while some NATO and Coalition of the Willing member states have considered the…

By the end of 2025, Ukraine’s economic growth is expected to slow to 2% or lower. In contrast, Ukraine’s economy grew by 2.9% by the end of 2024, according to Tomas Fiala, CEO of Dragon Capital. He attributed the anticipated growth slowdown to Russian attacks on…

The European Union is preparing its 19th sanctions package, which could impact banks, energy companies, payment systems, crypto exchanges, and ports. The EU plans to coordinate several measures with the US, and a delegation of officials from the bloc will head to…

Tile, one of Ukraine’s leaders in producing roofing materials including metal roof tiles and corrugated sheets, has invested €10M to build an oil refining plant in the Lviv region. The company’s owners, Yuriy Shkvarok and Andriy Tsymbalyak, decided to expand their…

Since the start of the full-scale invasion by the Russian Federation, the International Finance Corporation (IFC) has invested a record $2.5B in Ukraine, said Olena Voloshyna, the corporation’s head in Ukraine, during the Global Outlook: Strategic Momentum event….