Category: 9. Business

Oleksandr Stepura, the founder of Skyeton, which manufactures ACS-3 (Raybird-3) reconnaissance systems, said that Raybird drones began to be manufactured in Slovakia this spring. The Raybird has been in service with Ukraine’s Armed Forces since 2018. The Raybird can stay aloft for 28 hours… Continue Reading

Carsten Linnemann, the general secretary of the opposition German party, the Christian Democratic Union, advocates the need to cancel financial support for Ukrainian refugees who do not work officially. Exceptions may be single parents or people who take care of relatives. According to him,… Continue Reading

The Ministry of Economy announced the launch of beta testing for Pulse, an online platform designed to collect feedback from businesses and interact with the state. It is noted that the platform’s purpose is to create a single digital tool for transparent relations between the state and… Continue Reading

In 2023, the leaders in the Ukrainian processing industry received ₴317.53B in revenue, which is 23% more than a year earlier, with 33% of this income accounted for by companies of the SCM group. It is noted that Zaporizhstal (SCM Group) holds the top spot in the ten leaders, which increased… Continue Reading

The shipment volume of drinks and waters from IDS Ukraine brands (producer of mineral waters Morshynska and Myrhorodska) increased to 5.4 million bottles per day to a new record for the company. Previously, the typical shipment volume during the summer peak was 2.5 million bottles per day. The… Continue Reading

Serhiy Vovk, director of the Center for Transport Strategies, stated: “The 70% tariff increase in July 2022 was a forced measure that helped stabilize the financial condition of Ukrainian Railways (UZ) against the background of a critical drop in freight flows under the influence of the war…. Continue Reading

State-owned PrivatBank will auction the Priozerny Shopping Center – one of the largest in Dnipro, the bank said in a statement. The starting price of the lot is more than ₴430M ($10.5M), including VAT. The sale takes place within the framework of the bank’s program for selling… Continue Reading

The USAID AGRO program offers co-financing for 15 projects aimed at developing the processing of agricultural products in Ukraine. It is expected that the financed projects will improve the processing of agricultural products, contribute to import substitution, satisfy domestic demand, and… Continue Reading

The head of the specialized committee of the parliament, Olena Shulyak, noted that one focus of the social housing fund can be long-term unfinished buildings – houses that have not been completed for many reasons. She noted that new housing legislation is currently being developed in Ukraine,… Continue Reading

On July 27, Russian military airfields in the city of Engels, Saratov region; the Diaghilev military airfield in the Ryazan region; and the Olenya military airfield in the Murmansk region were attacked by drones launched by the Defense Intelligence of Ukraine (GUR). In addition, an oil refinery… Continue Reading