Novobudenergo from Western Ukraine was the only participant in the auction. The company’s debt, which exceeded ₴72M, was added to the winning bid. This was the third attempt to sell the facility, and the sale price was one-third of the initial offer. The buyer,…
Category: 9. Business
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Ukraine’s largest dollar store chain is changing its expansion strategy.
In 2025, the Aurora chain will open one new store every 30 hours, compared to last year’s rate of 14 hours, said co-founder Taras Panasenko. According to him, Ukraine’s biggest dollar store retailer has shifted its approach and started opening larger stores, but in…
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Ukraine is increasing its sales of frozen vegetables but sugar exports decline.
In the first seven months of 2025, the value of Ukrainian frozen vegetable exports rose to $6.1M. The exports mainly go to Germany, Israel, Belgium, Italy, Poland, France, and Romania. The export structure primarily consists of products including frozen carrots, beets,…
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The government will reimburse farmers for 25% of their investments in farm construction and has expanded the list of domestic equipment eligible for a 15% subsidy.
According to the Ministry of Economy, Ukrainian farmers can now receive reimbursement for costs related to building or restructuring farms under the Financial Support for Agricultural Producers program. Specifically, farmers will be compensated for up to 25% of expenses…
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Following the latest deadly Russian attack on Kyiv, the US is increasing its support by selling 3,350 ERAM missiles and equipment for Patriot systems.
The US State Department has approved the sale of $825M worth of aviation ammunition and related equipment to Ukraine. These include ERAM missiles, with a longer range, and GPS/INS EGI systems for precise navigation. Denmark, the Netherlands, Norway, and US foreign…
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In response to Russia’s strike on Kyiv, France and Germany have agreed to supply Ukraine with additional air defense systems and are advocating for secondary sanctions against Russia.
French President Emmanuel Macron and German Chancellor Friedrich Merz announced they will bolster Ukraine’s air defenses and enhance cooperation in security matters following the recent large-scale Russian airstrikes, including the latest on Kyiv on August 28 that took…
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Ukraine will receive written security guarantees this week and is preparing to discuss them with allies.
President Zelenskyy stated that national security advisers are working on every aspect of the proposed guarantees. Zelenskyy also pointed out that Russia’s recent strikes demonstrate the persistence of its aggressive goals and determination to continue the war. He…
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Europe has proposed establishing a 40-kilometer buffer zone in Ukraine.
European diplomats and military officials are discussing the creation of this zone, which would lie between Ukrainian and Russian forces, along with plans to deploy peacekeeping troops to oversee the ceasefire. The proposal has sparked controversy, as it might require…
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The White House believes that Ukraine and Russia are not ready to end the war.
Trump is disappointed and wants to end the conflict at any cost or to withdraw from attempts to mediate its conclusion. The White House announced that President Zelenskyy and Russian leader Vladimir Putin are unwilling to end the war on their own. “President Trump will…
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The Ukrainian-American Reconstruction Investment Fund has been finalized in NYC.
This week, Ukraine and the US will hold the inaugural meeting of the fund’s board, and a delegation from the DFC is expected to arrive in Kyiv this September. This marks a key milestone in the fund’s launch and the enhancement of economic ties between the two…
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