Category: 9. Business

In the first half of 2025, Russia’s military spending reached ₽8.48T ($106B), marking an all-time record for the war, according to the German Institute for International Security. Compared to the same period last year, military and weapons production spending rose by…

A meeting between President Zelenskyy and Russian President Vladimir Putin is unlikely to occur, according to German Chancellor Friedrich Merz, despite earlier suggestions by US President Donald Trump. The White House had previously stated that it believed Putin agreed…

EU foreign ministers plan to discuss the use of the so-called anti-circumvention tool, adopted in 2023 but not yet implemented. This tool can ban the export, supply, or transfer of certain goods to third countries that facilitate evasion of Russian sanctions….

Many European companies are already eyeing the opportunities that could open for them in Ukraine when the war ends. The Ukrainian government and multilateral institutions estimate the total bill for reconstruction and recovery at $524B over the next decade. The Ukrainian…

Ukraine aims to attract financing from the German development bank KfW for new initiatives, importing natural gas purchases, and supporting government programs that enhance household energy independence. Main topics of an online meeting between Deputy Minister of Energy…

The competition to secure a production sharing agreement is open to Ukrainian and foreign companies, associations of legal entities, and private participants that possess the necessary financial and technical resources, as well as experience in mineral extraction and…

The Ukrainian drone industry is experiencing unprecedented growth – from 5,000 units in 2022 the country aims to reach four million units by the end of 2024. In 2025, the Ministry of Defense intends to buy 4.5 million, mostly Ukrainian-produced, drones worth $2.7B….

In 2024, Germany approved arms exports totaling €12.83B, the country’s largest amount ever. Ukraine emerged as the top recipient, accounting for €8.15B, or 64%, of all exports. Last year, Ukraine was supplied with 306 armored combat vehicles, 316 missiles and…

The package of initiatives for developing industrial parks in Ukraine has reached another stage. As of the end of last year, 25 factories are operating or under construction in Ukraine’s industrial parks. Around 180 MW of electrical capacity is available for…

According to a study, about 30% of this demand was due to companies being forced to relocate from damaged buildings, which highlights the market’s destabilized nature. However, the main drivers of demand were IT and telecommunications companies. The public sector and…