Galnaftogaz (OKKO brand) has agreed to secure €157M in funding for the establishment of a wind farm in Volyn, as reported by the International Finance Corporation. The financing consists of €60M from the EBRD, €60M from the IFC, and €37M from the Black Sea Trade…
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Ukraine’s insurance market continues to recover, showing steady growth.
Last year, the Ukrainian insurance market demonstrated an increase in all key indicators: assets, insurance premiums, and payments. Total gross insurance premiums rose by 15%, reaching ₴53.1B, primarily from risk insurance, which contributed ₴47.4B. In transport…
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Microenterprises have the most optimistic expectations about future operations in Ukraine.
According to the Institute of Economic Research, the index of anticipated changes in business activity in February, as in January, is 0.1. The share of those planning to expand their activities is 15.4% (up from 14.4%), while the proportion planning to reduce their…
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Last year, foreign investment in Ukraine decreased by 25%, despite the government’s expectation of a 20% increase.
Ukraine’s inflow of foreign direct investment (FDI) in 2024 reached $3.33B, which is 25% ($1.16B) lower than 2023’s figure, as noted by Danylo Hetmantsev, the head of the Verkhovna Rada Committee on Finance. Concurrently, a significant portion (71.6%) of foreign…
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Trends in the commercial real estate market in Kyiv.
CBRE Ukraine’s research for the second half of 2024 shows that retail turnover in Ukraine increased by 13% year-on-year. However, consumers continue to face a challenging economic situation, and austerity measures are hindering a full cost structure recovery.
At the…
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The Kyiv retail real estate market showed a 13% year-on-year increase in retail turnover during the second half of 2024.
However, consumers continue to face a challenging economic situation, and austerity measures are hindering a full cost structure recovery, reported CBRE Ukraine. At the same time, the retail sentiment index in December reached 29.8 points, the highest level since the…
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Ukraine’s Navy does not confirm reports on U.S. being “surprised” with Moskva cruiser sinking
The Ukrainian Navy does not confirm a recent media reports that partners in the U.S. were allegedly surprised after the Ukrainian forces attacked and sank Russia’s flagship missile cruiser Moskva amid allegations that such kind of an attack was crossing some “red lines”.
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Ukraine to receive additional F-16 fighter jets
Additional F-16 fighter jets are set to be deployed in Ukraine as Ukrainian pilots continue their training.
This was stated by the Supreme Allied Commander Europe, General Christopher Cavoli, during the US Senate Armed Services Committee hearing, Ukrinform…
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Ukraine braces for Russian spring offensive as Moscow reinforces troops with 150,000 soldiers
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Danish prime minister to the US: ‘You cannot annex another country’
The prime minister of Denmark questioned the future of her country’s relationship with the U.S. on Thursday, as President Donald Trump teases drastic measures to take over Greenland.
Danish Prime Minister Mette Frederiksen expressed hope that the two NATO member countries’ decadeslong…
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