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Three Ukrainian companies are currently manufacturing these drones, which cost about $5,000, though some interceptors can be as inexpensive as $300 per unit, according to Oleksandr Kamyshin, an adviser to the Ukrainian president on strategic issues. For comparison, the…

According to the Ministry of Finance, this week a World Bank team, along with representatives from the Ministry of Finance and the Ukrainian government, will collaborate to finalize the key parameters of a new loan agreement from the IBRD to support the Fundamentals of…

DTEK has reached an agreement with a consortium of Ukrainian banks led by Oschadbank for this unprecedented financing aimed at modern energy storage systems in Ukraine. Three Ukrainian banks – Oschadbank, FUIB, and Ukrgasbank – will contribute approximately ₴3B…

The State Property Fund of Ukraine (SPFU) successfully conducted nine online privatization auctions from May 26 to May 30, raising ₴342.32M ($8.3M). On average, the value of the assets available at these auctions increased by 270%. The most expensive item was the state…

Head of the EC Ursula von der Leyen discussed coordinating sanctions against Russia with US Republican Senator Lindsey Graham in an effort to end the war. The US senator proposes introducing 500% duties on countries that purchase Russian oil, gas, and uranium….

A group of holders of GDP warrants in Ukraine issued a statement regarding the state’s default on these securities. The creditors noted that now Ukraine will be compelled to pay interest on the unpaid amount, said the Ad Hoc Group, which holds more than 30% of the…

Following the outbreak of the full-scale Russian war, there has been a substantial increase in Ukraine’s steel imports to compensate for the 40% loss in domestic metallurgical capacity. However, last year Ukraine saw a significant rise in Turkey’s market share. The…