Business news | Latest business news in Ukraine - UBN

The government in Ukraine has been reshuffled, and it is now headed by former Minister of Economy Yulia Svyrydenko.

Today’s News

Friday, July 18

The government in Ukraine has been reshuffled, and it is now headed by former Minister of Economy Yulia Svyrydenko. The Verkhovna Rada of Ukraine appointed Yulia Svyrydenko as the new Prime Minister. The Minister of Digital Transformation, Mykhailo Fedorov, became ...

American weapons are already headed to Ukraine, but not all EU and NATO members will participate in weapon purchases.

Thursday, July 17

American weapons are already headed to Ukraine, but not all EU and NATO members will participate...

The US plans to sell NATO $10B worth of weapons for Ukraine.

Wednesday, July 16

The US plans to sell NATO $10B worth of weapons for Ukraine.

Trump has given Russia 50 days to reach an agreement with Ukraine and will send American weapons to Kyiv.

Tuesday, July 15

Trump has given Russia 50 days to reach an agreement with Ukraine and will send American weapons...

A summary of the results of URC2025 for Ukraine: Deals worth €11B were signed in Rome.

Monday, July 14

A summary of the results of URC2025 for Ukraine: Deals worth €11B were signed in Rome.

Morning Economic Digest

Straight, factual, timely and investable business news and economic trends from Ukraine, Europe’s next Frontier Economy.

Today’s News

Friday, July 18

Domestic deals picked up and new foreign markets have been entered; here is what has taken place in the Ukrainian M&A market in the first half of the year.

Domestic deals picked up and new foreign markets have been entered; here is what has taken place in the Ukrainian M&A market in the first half of the year. According to a KPMG study, Ukraine’s M&A market showed positive trends in the first half of the year. The revival of domestic deals and strategic acquisitions both domestically and abroad co...

Piraeus Bank is a key player in managing pension assets.

Piraeus Bank is a key player in managing pension assets. Piraeus Bank holds leading positions among providers of custodial services, professional custody of assets with clear mechanisms for control, reporting, and transparency for leaders in the non-state p...

The EU is seeking partners to share in Ukraine's financial support over the next two years.

The EU is seeking partners to share in Ukraine's financial support over the next two years. Before the new seven-year EU budget for 2028-2034 is adopted, the EU will not be able to fully cover Ukraine’s financial needs on its own, so it is negotiating with partners on how to split aid ...

Ukraine's real GDP growth in the first quarter fails to exceed 1%.

Ukraine's real GDP growth in the first quarter fails to exceed 1%. Ukraine’s nominal GDP in the first quarter of 2025 was ₴1.9T, according to the State Statistics Service. Meanwhile, real GDP growth by the first quarter of 2024 reached 0.9%. At the same time, f...

Germany denies Trump's statement about Patriot missiles being sent.

Germany denies Trump's statement about Patriot missiles being sent. The US has just begun negotiations with allies to determine what can be sent to Ukraine and who will supply it. The German government refuted US President Donald Trump’s claim that the first Pat...

Ukraine believes that Trump's secondary sanctions could finish the war by the year's end.

Ukraine believes that Trump's secondary sanctions could finish the war by the year's end. Head of Ukraine’s Presidential Office Andriy Yermak stated that US President Donald Trump can end the Ukraine conflict by the end of 2025 if he enforces strict sanctions on buyers of Russian ene...

A multimodal bulk carrier terminal, with a transshipment capacity of 300,000 tons per year, will be built in Western Ukraine.

A multimodal bulk carrier terminal, with a transshipment capacity of 300,000 tons per year, will be built in Western Ukraine. Plans also include constructing a multimodal terminal for bulk cargo and a base for petroleum products, featuring a mixing plant for adding bioethanol to gasoline in Transcarpathia. According to the p...

An underground industrial park will be created in the Kharkiv region with the support of international investors.

An underground industrial park will be created in the Kharkiv region with the support of international investors. Entrepreneurs from the Kharkiv region announced during a telethon that after the massive shelling and loss of enterprises in the Kharkiv region, they plan to create the first underground industrial pa...

Brave1 has opened up opportunities for international defense tech companies to test their technologies in Ukraine.

Brave1 has opened up opportunities for international defense tech companies to test their technologies in Ukraine. During the LANDEURO conference organized by AUSA (Association of the US Army), held in Germany and attended by over 2,000 participants, the Brave1 cluster launched the Test in Ukraine platform. This p...

Ukraine's accession to the EU will require revising the bloc's multi-annual budget, which is scheduled to provide €100B in aid to Kyiv.

Ukraine's accession to the EU will require revising the bloc's multi-annual budget, which is scheduled to provide €100B in aid to Kyiv. As European Commission President Ursula von der Leyen noted, if Ukraine becomes an EU member before the end of the seven-year budget period from 2028 to 2034, during which the EU plans to allocate €10...

Poland's largest airline plans to restart flights to two Ukrainian cities within six weeks of the war's end.

Poland's largest airline plans to restart flights to two Ukrainian cities within six weeks of the war's end. Poland’s biggest airline, LOT, has announced it is ready to resume flights to Ukrainian cities within six weeks after peace is established and the airspace is considered safe. The airline is alr...

Thursday, July 17

American weapons are already headed to Ukraine, but not all EU and NATO members will participate in weapon purchases.

American weapons are already headed to Ukraine, but not all EU and NATO members will participate in weapon purchases. The first Patriot missiles, part of the aid package announced by the US, are already en route to Ukraine from Germany, said US President Donald Trump at Joint Base Andrews in Maryland. He stated there...

Putin intends to continue the conflict until the West makes concessions, and Trump might reduce Russia’s 50-day deadline.

Putin intends to continue the conflict until the West makes concessions, and Trump might reduce Russia’s 50-day deadline. Russian dictator Putin plans to keep fighting in Ukraine, aiming to seize more territory until the West accepts his terms; Trump’s threats to tighten sanctions have not intimidated him. Putin...

Ukrainians have accumulated a record amount of funds in banks.

Ukrainians have accumulated a record amount of funds in banks. According to the latest data from the NBU, the total amount of funds deposited by individuals in bank accounts in hryvnia and foreign currency increased by 2.5% in June, reaching a record high of near...

Ukrainian banks finalize more than 10 deals valued at nearly €1.5B in Rome.

Ukrainian banks finalize more than 10 deals valued at nearly €1.5B in Rome. During URC2025 held on July 10-11 in Rome, Ukrainian banks completed a record number of transactions with foreign partners, totaling almost €1.5B. Leading participants in conference activity include P...

Ukraine is moving closer to launching a large-scale housing reform.

Ukraine is moving closer to launching a large-scale housing reform. The Ukrainian Parliament approved in the first reading a bill, On the Basic Principles of Housing Policy, which initiates a major housing reform in Ukraine, said Olena Shulyak, the head of the Committ...

The EU plans to approve a record budget, with Ukraine set to receive €100B.

The EU plans to approve a record budget, with Ukraine set to receive €100B. The European Commission intends to approve a historic EU budget for 2028-2034 totaling €1.717T. According to EC President Ursula von der Leyen, €100B of this amount will be allocated to support Ukrain...

Ukraine is prepared to begin mass production of anti-personnel mines to alter battlefield dynamics and strengthen its defense.

Ukraine is prepared to begin mass production of anti-personnel mines to alter battlefield dynamics and strengthen its defense. After passing a law suspending Ukraine’s participation in the Ottawa Convention, which prohibits anti-personnel mines, and its approval by the president, the production of such munitions for the...

Over 85% of industrial companies in Ukraine do not plan to cut their production before 2027.

Over 85% of industrial companies in Ukraine do not plan to cut their production before 2027. According to a survey by the Institute for Economic Research, 85.6% of business respondents intend to maintain their current production levels over the next two years. An additional 12.1% plan to incr...

With an opportunity to receive $250,000, Ukraine launches a program to support AI startups in the defense sector.

With an opportunity to receive $250,000, Ukraine launches a program to support AI startups in the defense sector. The Ministry of Defense has introduced the K4 Startup Studio program, which aims to develop military startups using artificial intelligence that can provide a technological advantage on the battlefiel...

Investment in maritime logistics: Ukraine plans to allocate $100M for port infrastructure repairs, and $200M for the Pivdenny terminal.

Investment in maritime logistics: Ukraine plans to allocate $100M for port infrastructure repairs, and $200M for the Pivdenny terminal. Ukraine will also direct over $100M to implement other key port projects, said Oleksandr Semirga, head of the Ukrainian Sea Ports Administration. He explained that this funding will cover repairs of b...

Despite the war, reconstruction is ongoing across Ukraine.

Despite the war, reconstruction is ongoing across Ukraine. The government has approved the allocation of ₴14.5M from the fund for liquidating the consequences of armed aggression to finish building two key infrastructure projects in the Kherson and Chernihiv ...

Ukraine has lowered the sale price of one of Europe’s largest engine component factories.

Ukraine has lowered the sale price of one of Europe’s largest engine component factories. Ukraine’s Cabinet of Ministers approved the terms for selling the government’s 100% stake in the Motordetal-Konotop enterprise’s authorized capital that was previously seized from a ...

Wednesday, July 16

The US plans to sell NATO $10B worth of weapons for Ukraine.

The US plans to sell NATO $10B worth of weapons for Ukraine. US President Donald Trump announced on Monday that the US will significantly increase its weapons supplies to European allies, who will then send arms to Ukraine. The US will sell about $10B worth of ...

The EU might fund weapon purchases for Ukraine from the US by using frozen Russian assets.

The EU might fund weapon purchases for Ukraine from the US by using frozen Russian assets. Europe still faces disagreement over using hundreds of billions of dollars in frozen Russian assets, which could serve as a source of aid to Kyiv, which includes the new US military support package. R...

The US Congress has postponed a vote on Russian sanctions following Trump’s announcement of a 50-day deadline for Putin to agree to peace.

The US Congress has postponed a vote on Russian sanctions following Trump’s announcement of a 50-day deadline for Putin to agree to peace. The US Senate will not be voting on a bill to impose sanctions on Russia and its oil and gas buyers anytime soon, said Republican Senate majority leader John Thune. “If at some point the preside...

Nearly 80% of foreign investors are interested in Ukraine’s reconstruction.

Nearly 80% of foreign investors are interested in Ukraine’s reconstruction. An EBA survey of member companies shows that 79% of foreign companies with previous interest in Ukraine are drawn to opportunities associated with its rebuilding. Meanwhile, 13% remain undecided, and ...

Ukraine has approved a list of subsoil resources to be auctioned, enabling contributions to the joint investment fund with the US.

Ukraine has approved a list of subsoil resources to be auctioned, enabling contributions to the joint investment fund with the US. The Cabinet of Ministers of Ukraine has approved a list of critical and strategic minerals and identified more than 80 subsoil sites slated for auctions and competitions as part of the Ukrainian-Ameri...

Germany will send Patriot air defense systems to Ukraine and is preparing for a potential conflict with Russia in 2029.

Germany will send Patriot air defense systems to Ukraine and is preparing for a potential conflict with Russia in 2029. German Defense Minister Boris Pistorius stated after talks with Pentagon chief Pete Hegseth that Germany and the US will decide within days or weeks on sending two Patriot systems to Ukraine. Once the...

Kallas is disappointed by the 50-day deadline for Russia, and Trump hints at strikes on Moscow.

Kallas is disappointed by the 50-day deadline for Russia, and Trump hints at strikes on Moscow. EU foreign policy chief Kaja Kallas welcomed Donald Trump’s tougher stance on Russia but said the 50-day ultimatum was “too long” given that Russia is killing civilians in Ukraine ev...

BraveTech EU will help create drones that can be controlled from anywhere.

BraveTech EU will help create drones that can be controlled from anywhere. Future battlefields will involve remote-controlled UAVs and fully autonomous drones, said Digital Transformation Minister Mykhailo Fedorov. He mentioned that the government is investing in autonomous ...

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