The rise in Russia’s use of drones during its attacks is the only significant change in its behavior following the transition of the US presidency, Ukrainian President Volodymyr Zelenskyy stated during a speech at the meeting of the G7’s leaders. He emphasized the…
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State Property Fund sells Ukrbud for UAH 805M
On June 18, 2025, Ukraine’s State Property Fund sold JSC Construction Company Ukrbud at a privatization auction for UAH 805 million.
That is according to the Fund’s press service, Ukrinform reports.
“Today, an auction for the large-scale privatization of a 100%…
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The conflict in the Middle East has slowed passage of new American sanctions against Russia.
The US Senate has postponed consideration of a bill to impose sanctions on Russia due to the conflict between Israel and Iran, as well as the need to pass Donald Trump’s tax reform package. Senate Republican Majority Leader John Thune stated that consideration of the…
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Trump will support arms sales to Ukraine if he considers it a “good deal” for the US.
Former US special representative for Ukraine negotiations, Kurt Volker, believes that US President Trump may agree to supply weapons to Kyiv if it appears to be a good deal for the US.
“For Trump, the main thing is a good deal. If he sees a benefit in this, he will…
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Ukraine’s accession to the EU will ensure a 26% increase in its GDP.
According to the Polish Economic Institute, Ukraine’s accession to the EU could serve as a powerful economic stimulus for both the country itself and its neighbors in Central Europe. It is anticipated that Ukraine’s GDP could grow by 26%, and neighboring countries,…
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International clothing retailers are actively entering the Ukrainian market.
Turkish fashion retailer LC Waikiki will join the tenant pool of the Cosmo Multimall shopping center in Kyiv in the fall. The company is returning to its development trajectory and plans further expansion in various regions of Ukraine. The new store will enhance the…
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In Ukraine, despite the ongoing war, the construction of elevators is on the rise.
KMZ Industries, a company that produces elevator equipment, observes that in Ukraine, despite the challenging situation and general market pressures, the construction of new elevators and the expansion of existing facilities continues, with demand for construction…
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Ukrbud, the state-owned construction company, was sold for ₴805M as part of a large-scale privatization.
The auction winner was the Petro Oil and Chemicals company, owned by Georgian citizen David Bezhuashvili. He offered a price 200% higher than the starting price of ₴262.6M (excluding VAT). The Cabinet of Ministers included Ukrbud in the list of large-scale…
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Ukraine’s White Angels Take Risks To Rescue Civilians Under Fire
As Russia continues pressing its attacks into Ukraine’s northeastern Sumy region, a special police unit known as the White Angels faces an increasingly daunting mission: Rescuing the last civilian holdouts from villages under heavy fire and getting them to safer regions.
The Ukrainian unit…
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Only two years left of world’s carbon budget to meet 1.5C target, scientists warn | Climate crisis
The planet’s remaining carbon budget to meet the international target of 1.5C has just two years left at the current rate of emissions, scientists have warned, showing how deep into the climate crisis the world has fallen.
Breaching the target…
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