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The first two biomethane producers in Ukraine pumped their first million cubic meters of biomethane into underground gas storage facilities in the last months of 2024, said the head of the Bioenergy Association, Heorgiy Heletukha. It is noted that the first biomethane plant of the Vitagro group of companies has been operational in Ukraine since September and the Gals Agro plant since November. Plans for 2025 include the launch of at least five new biomethane plants, through which production can

Last year, every fifth Ukrainian developer joined eOselya, the state’s affordable housing lending program, and sold real estate under the program that was in the construction stage. In the first nine months of 2024, construction in Ukraine grew by 23.8%. Also, tax revenue from developers in the first half of last year increased by 120%. In 2024, eOselya partner banks accredited 160 new objects under construction from 75 developers. According to calculations by construction companies, in 2024 the Ukrainian construction

During a Ramstein meeting of the Ukraine Defense Contact Group in Germany with the participation of President Zelenskyy, leaders of the capability coalitions approved eight roadmaps of support for Ukraine until 2027. The countries plan to work closely with Ukraine, determine future needs for armed support, provide military aid packages, assist in procurement, and invest in expanding the military-industrial complex. At the meeting, US Secretary of Defense Lloyd Austin announced a new military assistance package worth about $500M, which consists

In 2024, Ukraine and Denmark successfully implemented cooperation under the Danish model of financing in the Ukrainian defense industry. The primary sources of financing include: €125M from Denmark through the national Ukraine Fund €20M from the Sweden €2.7M from Iceland €390M in interest generated by frozen Russian assets As part of the initiative, Ukraine is assembling a list of priority projects, and Danish experts are checking with companies and assessing their ability to fulfill contracts. Completed contracts during the first

A Russian victory in the war would require a surge in Pentagon spending of more than $800B through 2029, the American Enterprise Institute (AEI) reported. The ultimate success of President Putin’s war in Ukraine would change the face of Europe and embolden Russia to threaten members of the NATO military alliance. According to the report, the $808B increase would be necessary for the US to help deter and, if necessary, defeat a non-nuclear Russian attack beyond Ukraine. That amount would

Romania will complete construction on a road bridge across the Tisza to Ukraine by June, after which the Bila Tserkva-Sighetu Marmatiei checkpoint will open for truck service in August, said the head of the Transcarpathian Regional Administrative Organization, Myroslav Biletsky. The new border crossing should ease congestion at the existing Dyakovo-Halmeu and Solotvyno-Sighetu-Marmatiei checkpoints in Transcarpathia and simplify border crossing in both directions. In addition, negotiations are ongoing to open the Yablunivka checkpoint on this section of the border. According

Insurance broker McGill and Partners and Ukrainian insurance company ARX, through the mediation of Ukrainian company FortuneGuard, are launching a commercial property war risk reinsurance program for companies operating in Ukraine. The limit for a single facility is up to $50M. The insurance covers damage from drones, missiles, and fragments of air defense systems. The insurance does not cover losses caused by cyberattacks, biological, nuclear, chemical weapons, or looting. Coverage will be available for real estate located more than 100

As of the end of 2024, Ukraine’s national debt reached to approximately ₴7T. Forbes analysts calculated that the ratio of national debt to GDP has reached 92%. This is the total national debt, which, in addition to Ukraine’s direct debt, also includes debts guaranteed by the state. It is noted that in the structure of national debt, the lion’s share (96%) falls on the state’s direct debt, the remaining 4% on debts guaranteed by the state. For comparison, in 2023

Ukraine’s decision to stop transporting Russian gas through its territory was one of Moscow’s largest and costliest defeats, White House adviser John Kirby believes. According to him, Russia could lose about $6.5B annually because of this decision. Kirby added that the US welcomes “Ukraine’s decision and its determination.” He also said that the US will increase energy supplies to Europe, where 50% of liquefied natural gas imports already come from the US. After Ukraine suspended gas transit, Austria’s OMV signed

The selection of projects has started within the framework of Ukraine Recovery Program III, and the EIB will provide €100M for their implementation, said Deputy Minister of Community Development Oleksii Riabykin. According to him, the priority areas in this stage of the Ukraine Recovery Program III’s implementation will be: diversification of heat supply (distributed generation) reconstruction and construction of new housing, which will remain in communal ownership of communities municipal services (water supply and sewage) healthcare facilities “We expect up

The Ministry of Economy has reported that Ukrainian company A3tech-Ukraine is manufacturing the working body for demining machines for Croatian company DOK-ING. The localization level for machines has reached over 10%, and repair of equipment after explosions now requires much less time. In 2024, the company assembled eight MV-10 heavy demining machines and repaired 10 following explosions and technical malfunctions. In total, more than 50 DOK-ING machines are operating in Ukraine. In the fall, the Croatian company opened its representative

For Ukraine and France, 2024 ended with good results in the mutual trade of agricultural products, said the Minister of Agricultural Policy of Ukraine, Vitaly Koval. “In 2024, agricultural trade between Ukraine and France amounted to $750M. Ukraine exported corn, rapeseed, sunflower oil, and honey. In return, agricultural machinery, seeds, and plant protection products were purchased from France,” Koval noted. He recalled that Ukraine has begun an active phase of negotiations with the European Commission on joining the EU, so

The average cost of an apartment in the primary market purchased using a bank mortgage program is between ₴2.3M ($55,000) and ₴2.8M ($66,600), and the most common down payment amount is from 30% of the price. “The greatest demand is recorded for one and two-room apartments with an area of ​​​​45 to 70 square meters,” reported financiers. Borrowers prefer housing that is 50% or more complete, and more than 70% of all loan agreements are for comfort-class housing. Dmitrieva also

During 2024, 106,669 land plots with a total area of ​​320,660 hectares were sold in Ukraine. The average cost of one hectare last year increased to ₴46,678 ($1,163), compared to ₴38,500 ($960) in 2023, said Minister of Agrarian Policy Vitaliy Koval. He specified that the largest areas of agricultural land in 2024 were sold in the following regions: Poltava with 45,622 hectares, Odesa with 33,024 hectares, and Dnipropetrovsk with 30,623 hectares. The smallest areas were sold in Volyn (818 hectares),

A daytime Russian missile attack on the southern Ukraine city of Zaporizhzhia killed at least 13 civilians and injured about 60 others Wednesday. “On January 8, at 15:40, Russians launched two strikes with guided aerial bombs (FAB-500s with UMPK guidance kits) on the territory of the regional center. They exploded among a crowd of people near the administrative center of the infrastructure facility and the roadway. The building and vehicles caught fire,” the statement said. The number of deaths as

Ukrainian drones struck deep inside Russia in an overnight attack targeting an oil facility serving a military airfield in the city of Engels, 600 kilometers (380 miles) from the border, Ukraine’s military said Wednesday. Ukrainian officials reported a massive fire at the Kombinat Kristall oil depot, which provides fuel to the Engels-2 military airfield in the Saratov region, where Russia’s strategic bomber fleet is located. According to the Saratov region governor, at least two Russian firefighters were killed while responding

The 25th Ramstein-based Ukraine Defense Contact Group Summit on January 9 will focus primarily on supporting Ukraine’s defense capabilities to ensure “credible deterrence forces” through 2027, the Pentagon stated. Coalition leaders from more than 50 countries will need to approve roadmaps that outline the needs and goals of Ukraine’s Air Force, as well as provide armored vehicles, artillery, mine clearance, unmanned aerial vehicles, integrated air and missile defense, information technology, and maritime security. These roadmaps should enable donors to provide

Yuriy Ryzhenkov, CEO of the mining and metallurgical company Metinvest, said that 2025 should be the year of recovery for the devastated Ukrainian economy, but this requires security guarantees that will become the basis for attracting international investment in vital sectors as lithium, uranium, and industrial production. This will provide the country with new jobs and technological opportunities. As well, in 2024 the Metinvest metallurgical group implemented a solution based on AI technologies at its enterprise to detect defects in

According to Bloomberg, the Russian economy is beginning to feel the serious consequences of high interest rates and persistent inflation. The Russian Central Bank predicts a decline in growth rates to 0.5% in 2025 from the current 3.5-4%, and businesses are already reducing their investments due to the threat of bankruptcies. It is noted that the relatively stable period for the Russian economy, which was buoyed by previously accumulated resources, has ended. Until now, the Russian economy has managed to

China’s largest port operator, Shandong Port Group, has banned tankers under US sanctions from entering ports in Shandong province, home to many independent refineries that are the largest oil importers from sanctioned countries. The province imported about 1.74 million barrels of oil daily from Iran, Russia, and Venezuela last year, accounting for about 17% of China’s imports. If the ban goes into effect, it will increase shipping costs for refiners in Shandong, the main buyers of preferential sanctions crude from