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The European organization InnoEnergy has opened an official representative office in Ukraine, InnoEnergy Hub Ukraine. This will enable Ukrainian energy startups to connect with the EU innovation ecosystem and speed access to expertise, investment, technologies, and pilot projects. The hub’s opening is a strategic move to expand InnoEnergy’s presence in Eastern Europe. Established with support from the EU, InnoEnergy has been the biggest energy investor in Europe for four straight years. By 2025, it had supported over 500 innovative companies

Lviv deputies appealed to the Prime Minister of Poland, Donald Tusk, in response to the critical situation with the construction of a waste processing plant in Lviv by Polish company Control Process. “Despite the fact that the contract is being carried out by a foreign company, the project is being financed by the Lviv community – these are the city’s loan obligations to international partners and grant resources. The company has already received €29M, so it is fundamentally important for

Ukrainian bankers claim that small and medium-sized businesses (SMEs) have started to take out slightly more loans this year. All types of lending reflect how the country’s economy is evolving amid the war. “Business invests in what works, what generates income and allows growth even in tough times”, experts say. The largest portion of loans under joint programs is in motor vehicles, with a 35% share. This primarily includes trucks, trailers, and commercial vehicles for passenger and freight transportation. The

After a prolonged decrease in rental prices in Kyiv’s business centers, rates have stabilized for the first time since the war began. It is noted that in July, rent per square meter was $17.2 in class A, $11.9 in class B, and $9.8 in class C (excluding VAT and other related costs). Meanwhile, the weighted average vacancy rate in Kyiv’s business centers was 28.2% in class A, 20.5% in class B, and 14.2% in class C. Experts highlighted that a

Russian President Vladimir Putin met with US Special Envoy Steve Witkoff for three hours in Moscow on August 6. The Kremlin described the discussions as “useful and constructive”, happening two days before the deadline Trump set for Russia to achieve peace in Ukraine – with new sanctions threatened to be imposed by Washington otherwise. Russian presidential aide Yuri Ushakov said the sides exchanged signals on Ukraine and discussed potential strategic cooperation between Moscow and Washington. Details will be kept confidential

The US Treasury Department will continue to impose sanctions to limit Russia’s illegal income, according to US Treasury Secretary Scott Bessent. Meanwhile, India is increasingly suffering from Western sanctions on Russia, as these restrictions continue to impact the supply of Russian oil, which makes up more than a third of India’s purchases. The country has also been affected by secondary sanctions, including US tariffs of 25%. The White House indicated it may extend similar tariffs to other countries that import

The Kremlin suggests a temporary ceasefire and ceasing missile and drone strikes if Ukraine agrees to a similar measure. However, Moscow does not intend to completely end hostilities and plans to continue the war, believing its troops still hold the advantage on the front line. The Russian dictator repeatedly confirmed that he is not willing to discuss a complete ceasefire. The US State Department neither confirmed nor denied reports of a possible air truce between Russia and Ukraine, stressing that

The new package aims to provide incentives and opportunities for businesses without creating significant additional demand in the Ukrainian currency market, the NBU stated. The new measures are as follows: Businesses will be able to repatriate dividends from 2023. Businesses can use repatriated currency in the form of dividends from abroad for other purposes, such as meeting debt obligations. Opportunities to hedge currency risks are expanding. Clients will be able to conduct transactions with banks to sell foreign currency for

The two countries are working to launch the first three mining investment projects, scheduled for completion within the next 18 months under the American Ukrainian Reconstruction Investment Fund, according to Prime Minister Yulia Svyrydenko after a meeting with US Treasury Secretary Scott Bessent. “We discussed the launch of the reconstruction investment fund. We are working on expanding its mandate so that the fund can also invest in the defense sector. The first meeting of the board of directors is scheduled

The International Finance Corporation (IFC) of the World Bank Group plans to invest up to €40M in the new Amber Dragon Ukraine Infrastructure Fund I, which has a targeted size of €350M. The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) have already announced plans to invest €60M and €40M, respectively. According to the IFC website, its board of directors is scheduled to review the project on September 30. The new fund will focus on

On August 5, the Ministry of Finance of Ukraine borrowed over UAH 18B ($429M), mostly from USD-denominated paper and four-year notes. The smallest amount came from bills with less than two years to maturity. Fourteen-month bills brought UAH 552M to the budget, while 19-month bonds raised UAH 398M. Three-year notes contributed UAH 1.3B. Meanwhile, a new four-year note was oversubscribed, doubling the UAH 10B cap. Such demand, with interest rates around 15%, which is below the rates for a three-year

According to Dealogic, the total value of global M&A deals during this period was $2.6T, marking the highest total in four years. This was 28% higher than the same period last year, even though the number of deals decreased by 16%. The rise was driven by several megadeals over $10B, including rail operator Union Pacific Corp.’s $85B acquisition of rival Norfolk Southern. In the EMEA region (Europe, the Middle East, and Africa), the largest deal was the $25B purchase of

The Brickstone Private Equity Fund CEIC Ltd. (Kazakhstan) has purchased 100% of Watzenrode, a Ukrainian construction company founded in 2013 that has shown steady growth even during wartime. The new owner is connected to the largest construction group in Central Asia. With new management, Watzenrode has become the construction company with the strongest financial backing in Ukraine. This positions Watzenrode to become a key player in Ukraine’s reconstruction. The company offers services in design, construction, and engineering. It was a

The European Investment Bank (EIB) is considering a project that would lend €200M to Ukraine for the construction of social rental housing and to support its financial model. The aim is to supply financial resources to cities affected by war or that are hosting many internally displaced persons (IDPs) to develop affordable, energy-efficient, and financially sustainable housing owned by the state. As part of the project, the funds to be lent will be offered as sub-loans or grants, along with

The new EU defense loan program, SAFE (Security Assistance Facility for Europe), which offers up to €150B to bolster the bloc’s defense capabilities, has shifted from being unpopular to highly sought after in just a few weeks. So far, 18 EU countries have officially applied for about €127B in loans. The program mainly supports joint purchases of ammunition and missiles for Ukraine, which has motivated more participants. Poland submitted the largest request, €45B, followed by France with €15-20B, Italy around

In the first half of 2025, the number of plots for individual real estate development offered for sale increased significantly. Specifically, in June the supply grew by 39% compared to the end of 2024. Meanwhile, price trends in the first half of the year remained stable, with a slight increase in hryvnia value and minimal changes in US dollars. The regions with the largest increase in value and transactions are those with developed infrastructure and considered relatively safe. In spring,

Defense Minister Denys Shmyhal said that the US and NATO have announced the launch of the Prioritized Ukraine Requirements List (PURL) initiative, which aims to expedite the delivery of American-made weapons and equipment to Ukraine. This initiative is based on agreements between Ukrainian President Volodymyr Zelenskyy, US President Donald Trump, and NATO Secretary General Mark Rutte. Through this mechanism, alliance member states and partners can fund the purchase of American weapons and gear via voluntary contributions. PURL involves Ukraine creating

Last year, India’s oil imports from Russia hit 92.01 million tons, making up 38.1% of its total oil imports – its highest amount ever. In 2021, this volume was only 4.54 million tons (2.1%). Before that, India hardly purchased Russian oil, and Russia’s share in total imports never exceeded 2%. Between 2021 and 2023, imports increased nearly 20-fold, turning India into a major buyer of Russian oil. In terms of money, imports grew 22.8 times, from $2.31B in 2021 to

“OPEC and OPEC+ are increasing production. But Putin will stop killing people if energy prices fall by another $10 per barrel. He will have no choice because his economy is weak”, said US President Donald Trump. Note that as of August 5, Brent crude was trading below $68 per barrel. According to current market trends, Russia typically sells its crude $10-15 below market value. If crude oil prices go below $60, it means that Russia will be selling its oil

The European Union is planning to impose sanctions against China this fall for its support of Russia in the war against Ukraine. Western media outlets are claiming that Chinese drone engines were covertly supplied to Russia via shell companies using the designation “industrial refrigeration units” in order to bypass Western restrictions. However, the EU was aware of the Chinese drones being transferred to Russia even before the media reports surfaced. Consequently, 15 EU member states voiced their concerns to Beijing