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The central bank will work on reforms aimed at expanding incentives for businesses to attract capital to Ukraine, NBU Chairman Andriy Pyshny said. He explained that the logic behind currency liberalization relies on two main elements: protecting national security and…

According to Andriy Pyshny, the head of the National Bank of Ukraine, inflation reached its peak as expected in May and began to decrease in June, amounting to 14.3% year-on-year. At the same time, it was higher than forecast, mainly due to the negative impact of weather…

The Cabinet of Ministers has approved a new grant competition under the Brave1 project to develop a full explosives manufacturing cycle in Ukraine, announced Prime Minister Yulia Svyrydenko. The initiative’s main aim is to achieve a full production cycle. According to…

According to Eurostat, from January to May 2025, despite sanctions, the EU imported 2.57 million tons (+1.1% compared to the same period last year) of metallurgical products from Russia, with a cost of €1.06B. Most of these imports are semi-finished products; in five…

President Zelenskyy has signed a decree aimed at reducing bureaucratic procedures and initiating an immediate audit of state expenditures. The president emphasized that he expects concrete results from the Ukrainian government within a month. The main goals are to…

Experts from the British think tank Chatham House noted that the Russian Federation is spending unprecedented amounts on its war against Ukraine, but as a result of sanctions imposed by the West, it is losing the ability to modernize its army. Russia plans to spend 6.3%…

Bakery Food Investment launched a new frozen bakery facility in Khust, Transcarpathian region, with the total investment of ₴400M ($9.5M). BFI acquired the site in September 2024, and by May 2025, they had launched the first of five production lines. Four of these…