Category: 9. Business

Since Ukraine’s energy generation capacity restoration programs began, banks have approved loan applications for ₴3.6B. Last week, 20 Ukrainian banks received applications for ₴1.8B under all available programs. The total amount of applications that businesses have submitted since the… Continue Reading

On September 11, the EBRD will consider the possibility of granting a €40M loan to the Ukrainian Kormotech Group for the construction of a second plant to produce pet food in Lithuania. The group’s holding companies, Vengast Investments Ltd (Cyprus) and its subsidiary Kormotech UAB… Continue Reading

Employers in Ukraine are raising wages for employees to retain and attract new highly qualified personnel amidst a shortage of labor resources, the Ministry of Economy reports. According to a state analysis of vacancies on recruiting platforms, the average salary in July increased to ₴19,553… Continue Reading

Bloomberg reported that the first small batch of F-16 fighter jets from NATO allies has arrived in Ukraine in a long-awaited move that may boost the war-torn nation’s ability to repel Russian attacks. According to people familiar with the matter who spoke anonymously, the deadline for… Continue Reading

The Armed Forces of Ukraine report that on the night and morning of July 31, the Russian occupiers launched one of their most massive drone attacks on Ukraine since the start of the full-scale war. The enemy attacked Ukraine with a Kh-59 guided air missile from the airspace over the occupied… Continue Reading

Ukraine has sufficient production capacity to make more than three million drones every year if sufficient funding is in place, Deputy Minister of Industry Anna Gvozdyar said at the Precision Brave1 hackathon. According to her, the state can partially cover these needs, but Ukraine will ask its… Continue Reading

Yegor Perelygin, deputy chairman of the United Mining and Chemical Company board, assessed the prospects of the Vilnohirskyi and Irshanskyi mining plants. In his opinion, the Vilnohorsk Mining and Metallurgical plant has a good outlook until 2030, and development after 2030 is currently being… Continue Reading

The Minister of Environmental Protection, Ruslan Strelets, following the results of a meeting with German Ambassador to Ukraine Martin Jaeger and several investment companies, said: “I heard from investors a real willingness to invest in the development of waste processing infrastructure in… Continue Reading

Restarting the State Customs Service is one of the IMF’s beacons and a priority for Ukrainian businesses and international partners. It is proposed that customs be reformed by restarting the Bureau of Economic Security, and holding a new search for the selection of a director with the… Continue Reading

Iron ore company Ferrexpo, with assets in Ukraine, increased its January-June net profit by almost 100% compared to the same period last year – up to $55.49M; total sales increased by 85%, up to 3.8 million tons. “Thanks to the restoration of access to Ukrainian seaports, we quickly… Continue Reading