Category: 9. Business

Due to the war, Ukrainian developers have intensified their foreign construction projects against the backdrop of a slowdown in Ukraine’s primary housing market. In 2022-2023, about 100 million square meters of housing were destroyed or damaged, with losses amounting to $55.9B. The number of… Continue Reading

The newest Ukrainian military innovation,  the Palyanytsia, costs less than $1M, and expansion of production is planned. Ukraine has developed a new long-range weapon that will allow it to strike deep into Russia without asking for permission from allies – its own rocket-drone hybrid,… Continue Reading

“Together with the government, the MoD has invested more than $7B in the defense industry. These investments provided us with enormous support when we were not receiving international technical assistance,” Defense Minister Rustem Umyerov said at the Ukraine 2024. Independence forum. As he… Continue Reading

The Cabinet of Ministers adopted a resolution suspending the servicing of Ukraine’s obligations to several creditors under loans and Eurobonds and obligations under GDP warrants. In particular, it refers to scheduled payments for the following debt instruments: September 3 –a loan from… Continue Reading

The Cabinet of Ministers adopted a resolution that provides for the creation of an Interdepartmental Working Group to ensure a successful negotiation process for Ukraine’s accession to the EU and the adaptation of Ukrainian legislation to EU law, as well as the creation of 36 working… Continue Reading

According to the State Statistics Service, zero inflation growth was recorded in Ukraine in July, but economists believe it will be different in August and the following months. The situation is unbalanced because enterprises are investing in generators because of mass blackouts. Therefore,… Continue Reading

The Financial Stability Board supports a draft law that would create a fully functional military risk insurance system in Ukraine and will submit it to the parliament for consideration. The project provides for the introduction of mandatory insurance for certain objects and voluntary insurance… Continue Reading

Britain supports the idea of ​​Ukraine using Storm Shadow missiles to strike targets in the Russian Federation but will not publicly call for this step because of the risk of a conflict with the US. Although the Storm Shadow is developed based on Anglo-French cooperation and is produced by… Continue Reading

The Romanian government will establish a working group to start negotiations with the European Bank for Reconstruction and Development to acquire the International Free Port of Giurgiulesti (PILG) on the Danube in Moldova. Giurgiulesti is the only port in the Republic of Moldova accessible to… Continue Reading

According to the National Nuclear Energy Generating Company Energoatom, the team is actively looking for sites to construct the NPP. The most promising of them is Chigyrinskyi, near the town of Orbita in Cherkasy Oblast. There are plans to build four new power units using Westinghouse AP1000… Continue Reading