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According to the State Statistics Service, the volume of construction work completed in Ukraine in 2024 increased by 23.5% compared to 2023, reaching ₴204.7B ($4.8B). Last year’s figure also surpassed 2020’s result of ₴202B, yet remains below the pre-war figure of ₴258B recorded in 2021. The residential construction sector saw a 16.3% increase last year, totaling ₴26.6B; non-residential construction grew by 35.5%, to ₴57.7B; and engineering construction rose by 20%, amounting to ₴120.4B. New construction accounted for 41.1%, repairs for

Oleksandr Kamyshin, Advisor to the President of Ukraine on Strategic Issues, stated that the country has significantly increased its production of long-range UAVs and aims to manufacture 30,000 in 2025. Meanwhile, Dutch investment company NUNC Capital is initiating a €20M venture fund to invest in new Ukrainian defense technologies, particularly in electronic warfare and UAVs. The objective is to establish a “strategic bridge” between European defense markets and Ukraine’s innovative defense technology ecosystem. Additionally, Denmark has allocated DKK 300M (€40M)

A mechanism for preferential lending to companies involved in reconstruction projects in Ukraine will launch in Poland in April. The initial lending amount is PLN 250M (€60M). Notably, this will be the first time that unused European funds from a previous EU budget will be allocated for this purpose. These funds will be available to Polish companies to enhance exports, streamline production processes, support transportation, and strengthen the logistics capabilities of businesses looking to operate in Ukraine. The interest rate

Kovalska, an industrial and construction group, intends to establish a gas concrete production facility that will produce blocks and panels, U-blocks, and reinforced products in Rozvadov (Lviv region) in June. Production will cater to Western Ukrainian regions and nearby countries. Compared to the group’s previous plant in Nova Kakhovka, which also produced gas concrete and remains in the temporarily Russian-occupied territory of the Kherson region, the new project’s two stages will be 100% more productive. The new facility will employ

French President Emmanuel Macron announced €2B in Ukrainian military aid during a meeting with Ukrainian President Volodymyr Zelenskyy. He added that the new package will include MILAN anti-tank missiles, air defense systems, MICA missiles for Mirage fighters, Mistral anti-aircraft missile systems, VAB AMX-10 RX armored vehicles, and ammunition, including remotely controlled munitions. Macron assured that France would “continue its commitment” and noted that Kyiv and Paris had already “made progress in cooperation on satellite and intelligence activities.” According to the

Ukraine’s allies plan to station deterrence forces drawn from several countries in Ukraine. The partner countries will also prepare proposals for monitoring compliance with the ceasefire in Ukraine. Military teams from France and Britain will travel to Ukraine to establish a format for strengthening the Ukrainian military in the future, said French President Emmanuel Macron following the summit of the “coalition of the willing” in Paris. The idea of ​​creating a deterrence force belongs to Britain and France and arose

“A ceasefire in the Black Sea is primarily important for the Russians because they have not effectively controlled the Black Sea food corridor for quite some time. Their Black Sea fleet is either at the bottom or hidden. They simply want to regain control of the food corridor,” said President Zelenskyy. He emphasized that Ukraine has maintained control over the situation in the Black Sea and will not permit Russia to regain control. He noted that Ukraine is prepared for

According to Keith Kellogg, the US President Donald Trump’s Special Envoy for Ukraine, Russia will not relinquish the territories it has already occupied. However, these territories are not legally recognized as Russian. Kellogg pointed out that the Russians have occupied the entire Luhansk region, while the Donetsk, Zaporizhzhia, and Kherson regions are only partially occupied. Thus, the question arises regarding the nature of Russia’s territorial gains. In this situation, as Kellogg highlighted, it is crucial to discern what constitutes actual

The US has proposed a new, detailed draft of the mineral agreement which allows for US control over all of Ukraine’s subsoil yet makes no mention of security guarantees for Ukraine, said MP Yaroslav Zheleznyak. He remarked that the proposed project is extremely unfavorable for Ukraine, as profits are expected to be sent abroad, with the US being the first to receive royalties from the fund. But most importantly, the draft agreement lacks security guarantees. Zheleznyak emphasized that this is

US Treasury Secretary Scott Bessent stated that the potential reconnection of Russian banks to the SWIFT international banking system will depend on future actions by Russian authorities. Commenting on the conditions proposed by Russia for a truce in the Black Sea, Bessent emphasized that all of Russia’s demands are “under review.” “Whether the sanctions will be strengthened or weakened depends on the further actions of the Russian leadership. President Donald Trump, in my view, will not hesitate to strengthen the

Before the full-scale conflict began, Ukraine’s power plants had an installed capacity of 56.1 GW. Russia occupied 18 GW of generation, including Europe’s largest nuclear power plant in Zaporizhzhia. Over the past three years, Russia has conducted more than 30 significant strikes on Ukraine’s energy infrastructure, resulting in the loss of another 23 GW of generation capacity. Taking into account the facilities that have been restored, Ukraine possesses about 15 GW of generation capacity. However, 18-19 GW are required during

After the war, Ukraine will have a substantial demand for steel to rebuild its infrastructure and housing, while the market will encounter challenges – competition from foreign suppliers, the necessity to attract investment, and the need to restore production, according to comments on the issue from mining and metallurgical group Metinvest. Consequently, the potential for Ukraine’s post-war steel consumption could reach 300-600 kilograms per capita, depending on the speed of infrastructure and housing restoration. In addition to the construction sector,

Finnish fast-food chain Hesburger has opened a burger patty production facility, along with a warehouse and distribution center in Boryspil, Kyiv region. The project’s total investment has reached €7.3M, marking the first Finnish industrial investment in Ukraine since the start of the full-scale invasion. The production and logistics center will create 10 new jobs, and overall, Hesburger has already employed 75 people in Ukraine. “The opening of this new industrial facility and warehouse marks a significant step forward in strengthening

The construction of the BIO-LAN industrial park is currently underway in the Lanivtsi urban territorial community of Ternopil. The future park, for which registration documents have already been submitted to the Ministry of Economy, is expected to create over 200 jobs, attract €110M in investment, and generate ₴7M in revenue for the local budget annually. The industrial park’s purpose is to enhance grain processing capabilities and stimulate the development of alternative energy sources in the region. The primary focus of

IT companies N-IX and Grid Dynamics Group saw a decrease of 50% in their workforces, while EPAM’s workforce was reduced by 31%. The largest exodus of IT specialists from Ukraine occurred in the second year of the full-scale war, with a loss of 10,700 people compared to 7,000 in the first year. This period also marked a peak in the legalization of individuals abroad. In the third year of the war, personnel outflow lessened noticeably, falling to 2,400 specialists. The

EC President Antonio Costa believes that Ukraine’s strongest security assurance is joining the EU. He highlighted “the impressive achievements of a country at war regarding its ability to implement reforms and meet convergence goals for EU accession.” Costa stated: “I don’t know if it will be in 2030, 2028, or 2032. This is a merit-based process, and they are making progress. The key factor is not the date, but the process and the shared will to achieve this.” Meanwhile, the

The Kremlin released a final statement following talks with US representatives in Saudi Arabia, outlining its conditions for a maritime truce with Ukraine. According to Russia’s statement, the agreement will take effect only after: Sanctions on Rosselkhozbank and other financial institutions that facilitate international trade in food and fertilizers are lifted These financial institutions are reconnected to SWIFT Sanctions on food and fertilizer manufacturing and export companies are removed Restrictions on servicing ships in ports and sanctions on vessels flying

An agreement to mutually refrain from attacks on energy facilities, along with a ceasefire in the Black Sea, went into effect that day, President Zelenskyy announced on March 25. He explained that an agreement has been reached to ensure that neither side will target energy infrastructure. Additionally, they are considering the possibility of maintaining “silence” at sea and ensuring safe shipping. The president cautioned that if Moscow breaches the ceasefire, he will request weapons supplies from the US along with

Amid discussions about deploying troops to Ukraine to provide security, European nations are also considering other options. This is due to political and logistical challenges faced by these countries when it comes to sending peacekeepers, along with the likelihood of resistance from Russia and the United States regarding their plans. “They are abandoning ground troops and are reevaluating their actions toward something more sensible,” stated one European diplomat. Another remarked that “when Ukraine was in a more favorable position, the

Several European countries have resisted the European Commission’s initiative to boost defense spending through low-interest loans, fearing it would exacerbate their already significant debt burden. In particular, France, Italy, and Spain oppose EC President Ursula von der Leyen’s proposal to finance defense spending with low-cost loans. The plan includes a package of loans backed by EU budget guarantees totaling €150B, along with a relaxation of EU fiscal rules aimed at unlocking new defense investment and reducing security dependence on the