Category: 9. Business

Bank loans are not utilized by operationally profitable companies, which account for about 66% of their total operating profits, NBU data shows. In 2023, 8.6% of companies that borrowed money from Ukrainian banks were operationally profitable, while 13.7% of companies that did not borrow from… Continue Reading

said Prime Minister of Ukraine Denys Shmyhal. He expressed hope that Ukraine will be able to receive $50B in 2025 through the G7 initiative to use the profits from frozen Russian assets. In addition, the US announced the provision of $500M in new funds for energy assistance and redirected a… Continue Reading

The Cabinet of Ministers has decided to create a joint Ukrainian-Moldovan commission for the construction of a bridge across the Dniester River in the Yampil-Koseut region, said Prime Minister of Ukraine Denys Shmyhal. “This will be a key link in the transport corridor between Kyiv and… Continue Reading

In Ukraine, 75% of early crops have already been harvested, from which they expect 27 million tons of grain and about four million tons of rapeseed, the Ministry of Agricultural Policy reported. It is noted that as of July 29, about 20 million tons of early grain has been harvested. On the same… Continue Reading

The USAID project, Investments for Business Sustainability, concluded a $2M grant agreement with Suziria Group, one of the leaders in the Ukrainian pet product market, to increase its production capacity. The Kharkiv company will invest another $4.5M obtained through loans from Ukrainian banks… Continue Reading

Washington will send $1.7B in military aid to Ukraine, including munitions for air defense systems, artillery, mortars, as well as anti-tank and anti-ship missiles. The package includes $1.5B in funding for long-term contracts through the Ukraine Security Assistance Initiative and $200M in… Continue Reading

Washington will send $1.7B in military aid to Ukraine, including munitions for air defense systems, artillery, mortars, as well as anti-tank and anti-ship missiles. The package includes $1.5B in funding for long-term contracts through the Ukraine Security Assistance Initiative and $200M in… Continue Reading

Ukraine is already working on developing its peace plan, said President Volodymyr Zelenskyy. “Patience, support, and diplomatic pressure are the three factors for a fair end to the war. If the US and EU countries maintain unity, it will be additional pressure on Moscow that will show it has… Continue Reading

Forbes has calculated that the additional demand for currency following the introduction of a large currency liberalization program in May amounted to $322.6M. During the liberalization’s introduction, the NBU estimated the potential impact of service imports to be $100M per month. During the… Continue Reading

Almost all banks expect a further decrease in deposit rates for households and corporations over the next 12 months, according to the results from an NBU survey. In the third quarter, banks expect an increase in deposit volume from both the population and businesses. Bank’s average cost… Continue Reading