Archive

Ukraine and the US are progressing on projects related to the mineral agreement.

Friday, June 6

Ukraine and the US are progressing on projects related to the mineral agreement. The inaugural meeting of the fund’s governing board is set for late July, with the fund expected to begin operations by year’s end. Economy Minister Yulia Svyrydenko commented on their par...

Danish companies will receive a €20M guarantee from the EU for operations in Ukraine.

Friday, June 6

Danish companies will receive a €20M guarantee from the EU for operations in Ukraine. The European Investment Fund (EIF) and the Export and Investment Fund of Denmark (EIFO) have signed the first agreement under the EU’s Export Credit Guarantee Program for Ukraine, as reported by the M...

In 2025, Ukraine’s international partners will allocate €1.3B to be invested in the Ukrainian defense industry according to the Danish model.

Friday, June 6

In 2025, Ukraine’s international partners will allocate €1.3B to be invested in the Ukrainian defense industry according to the Danish model. Ukraine will receive €1.3B in 2025 under the Danish model to finance its weapons production. As a result of negotiations, Ukraine will receive the first tranche of €428M from Denmark, Sweden, Canada, ...

The EU supports the notion of synchronizing sanctions with the US.

Friday, June 6

The EU supports the notion of synchronizing sanctions with the US. The EU is prepared to collaborate with the US to simultaneously impose sanctions on Russia to compel Russian dictator Putin to agree to peace talks, stated European Commission President Ursula von der...

In the first half of 2025, Ukraine’s macroeconomic condition has worsened.

Friday, June 6

In the first half of 2025, Ukraine’s macroeconomic condition has worsened. Analysts suggest that this decline stems from the exhaustion of recovery effects following the tough year of 2022, which became evident around the start of the second quarter last year. Essentially, t...

The state has enhanced the process for establishing industrial parks, allocating ₴500M for their development.

Friday, June 6

The state has enhanced the process for establishing industrial parks, allocating ₴500M for their development. Starting in 2025, the Ministry of Economy will start accepting applications for state support of industrial parks, through August 15. Last year, the government backed 15 parks with ₴1.1B, which funded...

Eco-Optima is investing €110M in another 100 MW wind farm in the west of Ukraine.

Friday, June 6

Eco-Optima is investing €110M in another 100 MW wind farm in the west of Ukraine. The land plot for this wind farm has already been leased from the city council near Belz in the Lviv region. The project has been in preparation for five years and is expected to generate up to 100 MW...

Exports of Ukrainian dairy products have almost doubled imports, indicating that the industry is thriving despite the war.

Friday, June 6

Exports of Ukrainian dairy products have almost doubled imports, indicating that the industry is thriving despite the war. Last year, Ukraine exported 118,000 tons of dairy products, surpassing imports by nearly 100%. Export revenue reached $296.8M, an increase of 16% from 2023 and 20% from 2021. The largest export catego...

German logistics company HHLA has acquired a controlling stake in a multimodal terminal in Transcarpathia.

Friday, June 6

German logistics company HHLA has acquired a controlling stake in a multimodal terminal in Transcarpathia. Hamburger Hafen und Logistik AG (HHLA) has purchased a 60% stake in the Eurobridge multimodal terminal, situated in the Transcarpathian region. This terminal in Batiovo will operate as a joint venture...

City Capital Group is set to acquire a business center and shopping mall in downtown Kyiv for $100M.

Friday, June 6

City Capital Group is set to acquire a business center and shopping mall in downtown Kyiv for $100M. This Ukrainian investment and development firm, specializing in commercial real estate, is purchasing two prime properties in central Kyiv: the Leonardo business center’s first phase and the Ukr...

The demand for retail space in Ukrainian residential complexes is on the rise.

Friday, June 6

The demand for retail space in Ukrainian residential complexes is on the rise. This year has witnessed a revival in the demand for commercial real estate within these developments; however, in light of the ongoing war, increasing inflation, and economic recession, new trends hav...

The Ukrainian Parliament has announced its strategy for tackling the budget deficit.

Thursday, June 5

The Ukrainian Parliament has announced its strategy for tackling the budget deficit. Danylo Hetmantsev, head of Committee on Finance, confirmed that there are no plans to raise taxes in 2026, and that the shortfall in the state budget will be managed through alternative sources. He no...

S&P downgrades Ukraine’s GDP-linked bonds to default after failing to make a $665M payment.

Thursday, June 5

S&P downgrades Ukraine’s GDP-linked bonds to default after failing to make a $665M payment. The international rating agency S&P Global announced Ukraine’s default on its GDP-linked bonds. On June 2, the Ukrainian government failed to make the required payment of $665M, which led to...

Ukraine plans to manufacture 2.5 million drones this year, having signed contracts worth $2.5B with 76 companies.

Thursday, June 5

Ukraine plans to manufacture 2.5 million drones this year, having signed contracts worth $2.5B with 76 companies. According to the estimates, drone production will rise by 150%, increasing from one million last year to 2.5 million in 2025. The Ukrainian Ministry of Defense has allocated over $2.5B for 2024-2025 t...

Ukrainian farmers are facing a severe shortage of equipment.

Thursday, June 5

Ukrainian farmers are facing a severe shortage of equipment. Over the past three years, farmers have lost a significant portion of their machinery. According to the Institute of Agrarian Economics, last year agricultural enterprises had 22% fewer tractors, 13.5...

Various industries, from food production to woodworking, are making strides in the Rivne region.

Thursday, June 5

Various industries, from food production to woodworking, are making strides in the Rivne region. There, the Nova-Pak company employs cutting-edge technologies to create over 600 products, including spices and seasonings, which are distributed throughout Ukraine and successfully exported. The comp...

In Western Ukraine, construction has intensified and the prices for newly constructed flats has increased.

Thursday, June 5

In Western Ukraine, construction has intensified and the prices for newly constructed flats has increased. Over the three years of the full-scale Russian invasion, prices in the primary housing market in Ivano-Frankivsk have increased the most, by 63%. During this time, the cost of a square meter in the ci...

In Volyn, plans are underway to establish the country’s first hydrogen plant focused on exporting products to the EU.

Thursday, June 5

In Volyn, plans are underway to establish the country’s first hydrogen plant focused on exporting products to the EU. Austrian energy firm Wien Energie, alongside Ukrainian UDP Renewables, aims to develop an industrial green cluster in Volyn featuring the hydrogen production facility. If realized, this initiative wil...

The NBU’s currency restrictions significantly impede investment in Ukraine.

Thursday, June 5

The NBU’s currency restrictions significantly impede investment in Ukraine. While the ongoing full-scale war is the primary cause for the drop in foreign investment Ukraine has experienced, there are additional barriers at play, according to Oleksandr Vodoviz, a senior execut...

Trump has increased tariffs on steel and aluminum to 50%: How will this affect Ukrainian exports?

Thursday, June 5

Trump has increased tariffs on steel and aluminum to 50%: How will this affect Ukrainian exports? US President Donald Trump has signed an executive order that will raise tariffs on steel and aluminum imports from 25% to 50% effective June 4. As evidenced by the executive order, Trump has concluded...