Category: 9. Business

PrivatBank and the IFC have signed these agreements to help increase lending to micro, small, and medium-sized businesses. These include a $100M risk sharing agreement and an issuing bank agreement, which provides a $20M trade finance guarantee line from IFC. This will…

As of September 1, Serhiy Makogon, former head of Ukraine’s Gas Transmission System Operator, reported that Ukrainian underground gas storage facilities held 11.2 billion cubic meters. By November 1, this figure should rise to 13.2 billion cubic meters, which is the…

Commander-in-Chief of Ukraine’s Armed Forces, Oleksandr Syrskyy, noted that despite the Russians’ threefold advantage in personnel and equipment, Ukraine’s military regained control of 58 square kilometers of territory and liberated several settlements. In the…

In less than a year, Planeta Plastik built Ukraine’s first plant in Irpin (Kyiv region) dedicated to manufacturing polyethylene pipes and powered by solar energy. All of the company’s products are produced using state-of-the-art equipment, and the facility is capable…

Ukrainian UAV manufacturer Ukrspecsystems is investing £200M to establish a drone factory in Mildenhall and develop a testing and training center in Elmsett, UK. The factory will span 11,000 square meters, and the project aims to generate up to 500 new jobs. Drone…

The finals of the Glovo Startup Lab 3.0 program took place in Kyiv, giving dozens of Ukrainian startups the chance to compete for an internship at Glovo’s headquarters in Spain. The top prize went to Mindship, an AI-powered breathing exercise mobile app. It analyzes…

Currently, the US is negotiating a $100B deal with Ukraine in which Kyiv will buy American weapons, and in return, the US will gain intellectual property rights to key weapons technologies that have been developed by Ukrainians.

Additionally, President Zelenskyy stated…

President Zelenskyy emphasized he would only meet with Russian Dictator Putin in Kyiv, noting Russians understands that he won’t visit Moscow, which they are using as a justification to delay the meeting. At the Eastern Economic Forum in Vladivostok, Putin stated…

A group of European officials will meet with their American counterparts in Washington on September 8 to consider various forms of economic pressure that can be applied to Russia, including new sanctions. This occurs amid US President Donald Trump’s increasing…