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Posco International, a South Korean corporation, plans to build a thermal power plant in Odesa that will utilize waste as fuel. This project aims to establish an RDF-fueled CHP plant as a modern, integrated solution to energy and environmental challenges. Both Ukrainian and Korean representatives have begun preparing the project’s conceptual document. The Odesa City Council has allocated a 4-hectare land plot, appointed a utility company, and established all necessary engineering networks, including a gas pipeline. The new CHP plant

In the Odesa region, a factory producing instant coffee and related products is up for sale in the city of Chornomorsk. This sale is part of enforcement proceedings. The facility features an eight-story production building with canopies, totaling an area of 7,665 square meters, along with other property. The starting price for the lot is ₴78.48M ($1.9M). As well, Ukrgasbank plans to sell an administrative and production complex with a total area of 20,907 square meters in Kyiv, with a

European Commission spokesman Guillaume Mercier noted that the process of verifying the compliance of Ukrainian legislation with EU law, as part of accession negotiations, is underway and progressing at an unparalleled speed. The EC’s screening report on Cluster 1, Fundamentals, has already been submitted to the Council of the EU. Reports on Cluster 2, Internal Market, and Cluster 6, External Relations, are expected to be sent by the end of June, with the full screening aimed for completion in the

The Ukrainian government, along with the European Commission, are working to adopt new trade terms that will come into effect after June 5. Otherwise, the provisions of the Association Agreement will be reinstated “by default”, which poses a risk of a significant reduction in Ukrainian exports to the EU. Losses for the Ukrainian economy in this case are estimated at $1.5B, or nearly 4% of total export volume. However, the EC strongly supports the preservation and enhancement of the current

US President Donald Trump promised that he would soon provide detailed information regarding the ceasefire situation in Ukraine. According to him, the US administration has held a series of successful meetings with representatives from both Ukraine and Russia in recent days. According to the New York Post, Trump’s plan to end the war includes the deployment of European forces in Ukraine as security guarantees. A senior administration official described this mission as a “resiliency force.” Additionally, a separate peacekeeping mission

This meeting was announced by President Zelenskyy on April 21, following a conversation with British Prime Minister Keir Starmer. Secretary of State Marco Rubio and Special Envoys Steve Witkoff and Keith Kellogg will represent the US at the talks. These discussions will continue from previous meetings that occurred on April 18 in Paris, attended by President Emmanuel Macron. The Ukrainian delegation will include Head of the Presidential Office Andriy Yermak, Minister of Defense Rustem Umerov, Minister of Foreign Affairs Andriy

The IER reports that in March, due to better access to electricity and the gradual recovery of demand, Ukraine’s economic situation improved slightly – real GDP growth was 1.3%. In contrast, in previous months the figures were lower: January – 1.2% and February – 0.7%. Industries that demonstrated growth in gross value added: Industry. Growth of 2.5% in March resulted from a moderate increase in domestic demand and exports, despite Russian attacks on the Dnipro, Kryvyi Rih and Kharkiv. Trade.

According to EY Ukraine, the largest hotels that are scheduled for commissioning in 2025 are located in the safer regions of western Ukraine. Specifically, the Ivano-Frankivsk region will see the most significant increase in hotel stock, with about 600 new rooms, followed by Odesa with 300 rooms. This year four hotels in the Bukovel area, two in Lviv, and one each in Kyiv, Vinnytsia, and Odesa are slated for completion. A key trend in recent years has been the construction

According to the IMF’s World Economic Outlook (WEO), global economic growth will slow in the coming years. This year, global GDP is projected to grow by only 2.8% and by 3% in 2026. For comparison, 2024’s figure was 3.3%, while the average growth rate from 2000 to 2019 was 3.7%. The deterioration in expectations is attributed to changes in government policy priorities and a new wave of tariff restrictions, particularly from the US, which create a serious negative shock to

AXOR Industry’s total investment in launching, expanding, and developing its factory that produces window and door hardware in Dnipro has reached €40M. According to Minister of Economy Yulia Svyrydenko: “In 2011, AXOR built a factory – at that time, the initial investment was €25M. When full-scale war began, the company not only maintained production but also continued to develop. In 2022-2023, they invested in new production facilities. Currently, the total amount of investment is €40 million.” The Dnipro factory’s capacity

The European military assistance program for Ukraine aims to increase investment in Ukraine’s domestic weapons production. Currently, more countries are exploring the option of investing in the Ukrainian defense industry instead of supplying weapons directly, as Europe’s stockpiles have diminished after three years of military aid to Kyiv. Benefits to this approach include that it is cheaper, faster, lowers logistics costs, and supports the Ukrainian economy. Under a large-scale rearmament plan adopted by the EU this year, the European Commission

To achieve this would only require EU countries to increase their contributions by 0.21% of their combined annual GDP – from €44B to €82B, said Christoph Trebesch, an expert at the Kiel Institute for the World Economy. This increase in financial participation would not impose an excessive financial burden on EU countries. “We are not talking about huge amounts. In the context of the overall budget, this is more of a side item than a significant effort,” Trebesch noted. He

Former Ambassador of Ukraine to Germany and now Permanent Representative of Ukraine to the UN Andriy Melnyk has urged future German Chancellor Friedrich Merz to enhance his country’s assistance to Kyiv. According to Melnyk, the new German government can achieve a breakthrough in Ukraine’s victory this year by implementing five steps within 100 days: Adopt a decision to allocate 0.5% of GDP (€21.5B) for Ukraine’s defense annually, totaling €86B by 2029. Introduce similar obligations for the EU (€372B) and the

According to the Ministry of Agrarian Policy, the price of a ton of Ukrainian agricultural exports increased from $315 in 2024 to $443 in April 2025. This growth is attributed to a rise in exports of value-added products, particularly bioethanol. Additionally, prices for primary exported goods have also risen over the year: sunflower oil – $1,174 per ton (+37.8%) corn – $217 (+27.1%) wheat – $231 (+27.4%) poultry meat – $2,385 (+11.2%) soybeans – $409 (+4.3%) Since the beginning of

In this context, experts assert that wind power is gaining strategic importance as a priority area for development. The EU aims to increase its share of renewable energy sources to 42.5% by 2030, with the electricity sector targeted at approximately 69%. Specifically, the share of wind power within the EU should rise to 35%. Therefore, for successful integration into the EU energy system, it is advisable for Ukraine to aim for wind power contributing at least 20-25% of its energy

According to Oleksandr Semyrga, head of the Ukrainian Sea Ports Administration, prior to the onset of the full-scale Russian invasion 13 seaports were operational in Ukraine, but only six are currently operating. He noted that despite systematic Russian missile and drone attacks that have damaged approximately 400 infrastructure facilities, including berths, transshipment equipment, vessels, and auxiliary equipment, Ukrainian ports maintain their operational efficiency and play a critically important role in the national economy. Semyrga emphasized that active efforts are underway

According to the WSJ and Bloomberg, the plan entails a ceasefire along the current front line (freezing the war), preventing Ukraine’s accession to NATO, and formally recognizing Crimea as Russian. Another proposed component is to deem the area surrounding the occupied Zaporizhzhia NPP as neutral and place it under US control. Additionally, the plan suggests easing sanctions against Russia and restoring its sovereign assets. However, it does not acknowledge Russia’s legal claim to the four regions it currently occupies (though

US President Donald Trump is optimistic that Ukraine and Russia will finalize an agreement this week. Discussions on a ceasefire are scheduled in London, involving delegations from Ukraine, the EU, and the US. According to Trump and US Secretary of State Marco Rubio, if it soon becomes apparent that ending the war in Ukraine is unattainable, the US may cease its efforts. “We want to resolve this quickly. If one party complicates matters too much, we will simply walk away,”

On April 17, the two parties signed a memorandum affirming their intention to finalize an agreement that will benefit both nations and establish the Investment Fund for the Reconstruction of Ukraine. Additionally, it asserts that the US respects Ukraine’s obligations related to its EU membership and agreements with international financial institutions and other official creditors. Thus, the agreement will not create conflicts with Ukraine’s path toward European integration. The text of the agreement is anticipated to be finalized and signed,

US Special Envoy for Ukraine Keith Kellogg has stated that Ukraine will not join NATO, and discussions on this topic have been taken off the agenda. “NATO is not under discussion. You (Ukrainians) will not be part of NATO,” he said. At the same time, Kellogg emphasized that there are “workarounds” for Ukraine and announced that “good results” would be achieved this week in London. Meanwhile, the Hungarian government has urged Hungarians to oppose Ukraine’s accession to the EU in