Category: 9. Business
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Economic recovery: Ukraine will receive a €200M grant from France and €50M from the EU to develop port infrastructure.
The Cabinet of Ministers has submitted to the Ukrainian Parliament an agreement between Ukraine and France that will provide €200M in grant funds for the restoration of Ukraine’s infrastructure and economy, Prime Minister Denys Shmyhal said. In addition, the government will be allowed to… Continue Reading
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This year, gas production in Ukraine may increase by 100-200 million cubic meters.
Gross gas production in Ukraine in the first half of the year amounted to 9.4 billion cubic meters, and could grow by 100% by the end of the year. This would be 100-200 million cubic meters more than last year’s figure (18.7 billion cubic meters), said Executive Director of the Association of… Continue Reading
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China plans to increase imports of Ukrainian agricultural products; Bosnia and Herzegovina will buy Ukrainian poultry.
Soon, Kyiv and Beijing may agree to increase the volume of Ukrainian agricultural product imports to China, according to Zhenmin Wang Yiwei, a professor of international relations at the Peking People’s University. “However, there are two problematic aspects in this matter today: the safety… Continue Reading
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The Pentagon is concerned about recent Russian troop advances in Ukraine.
The head of the Pentagon, Lloyd Austin, said that the US is worried about Russian forces’ progress in Ukraine. Observations reveal that in July the Russian Federation expanded its occupied territory in the east of Ukraine by about 198 square kilometers. However, after the Russian offensive in… Continue Reading
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Despite market fears, Ukraine has paid $200M to GDP warrant holders.
Ukraine has paid about $200M to holders of its GDP warrants, securities that weren’t part of a recent $20B Eurobond restructuring agreement with private creditors. The warrants have disbursements linked to Ukraine’s economic performance, providing creditors with payments if gross domestic… Continue Reading
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The Cabinet of Ministers introduces a payment moratorium for Ukraine’s Eurobonds.
The Cabinet of Ministers exercised the right granted to it by the Ukrainian Parliament and introduced a temporary moratorium on Ukraine’s Eurobond payments. “In connection with the implementation of transactions with the state debt under the bonds of 2018’s external state loans of the… Continue Reading
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Despite declines in attendance and the electricity shortage, restaurant industry revenue increases by 16%.
According to the Poster POS company, restaurant turnover in January-June compared to the corresponding period in 2023 increased by 16%, and the average check, due to price increases, increased by 13% to ₴148 ($3.7). Restaurateurs have been forced to raise their prices in response to rising… Continue Reading
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Land auction participants have earned more than ₴1B.
The price of land increased by more than 50% in 2024 in land auctions conducted using the state’s electronic trading system, Prozorro. Gross sales from these auctions total more than ₴1B since the beginning of 2024. Legal entities, which have been able to buy land since January 1, have… Continue Reading
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Investors are increasingly investing in Ukrainian military tech projects.
In 2023, the venture fund D3, with tech billionaire Eric Schmidt, was virtually the only investor in the Ukrainian defense industry. But this year, Ukrainian military tech has received a lot of attention from investors. Owners and top managers of IT companies are the main drivers of investment… Continue Reading
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The business community has softened its negative expectations; the construction sector feels the most confident.
The Business Activity Expectation Index (BAEI) increased to 44.4 in July from 43.6 in June but is still below this year’s high of 52.3, recorded in April. Adaptability to energy supply problems, the maritime corridor’s stable operation, stable inflationary expectations, and easing of… Continue Reading