Advanced search

The EBRD might offer state-owned Ukreximbank a guarantee of up to €50M to cover as much as 50% of the credit risk on a portfolio of new loans to small and medium-sized enterprises (SMEs) valued at up to €100M. The goal is to boost lending to private Ukrainian companies in key economic sectors. Additionally, under the EU4Business-EBRD credit line, up to €20M will be allocated to finance long-term investments by Ukrainian SMEs aiming to upgrade their technologies and equipment to

The European Commission supports beginning these talks, said EC President Ursula von der Leyen after a European Council press conference. “Under constant attack, Ukraine continues to implement reforms, one after the other, which is impressive. Ukraine has made progress and deserves to advance,” she highlighted. Deputy Prime Minister Olha Stefanishyna expressed Ukraine’s eagerness to see the first cluster open as part of the accession process. “Partners highly valued Ukraine’s reform speed despite tough circumstances and called for next steps in

The European Commission will continue providing military, political, and economic support to Ukraine, said European Commission President Ursula von der Leyen. “Militarily, we recently allocated €1B to Ukraine’s defense industry through windfall profits from frozen Russian assets. We are on track to reach the target of two million rounds of artillery ammunition for Ukraine in 2025, and we are ready to frontload the remaining €11B of G7 loans,” she stated. The newly approved SAFE loan program, which supports European security

Ukraine’s Defense Minister Rustem Umerov revealed the Ministry of Defense’s plans to expand Ukraine’s cooperation with its allies on joint weapons manufacturing. He mentioned that there are already 21 initiatives to localize production in Ukraine with some of the world’s largest arms manufacturers, along with up to ten projects abroad, particularly in Denmark, Britain, and Norway, along with other countries. Several German enterprises are already operational in Ukraine, and a Ukrainian production plant is expected to open in Denmark in

Despite the war, the Ukrainian economy remains relatively stable, but growth has slowed because businesses have stopped investing in new projects, except for a few industries that have seen some benefit from the war. Ukraine’s economy is holding up with significant support from the West, but in the future external financial assistance may become insufficient. The WP recalls that at the heart of all economic forecasts for 2025 was the expectation that the war would end in the summer. But

Glovo is transforming its presence by increasing investment, expanding product categories, and shifting its focus from a food delivery service to a universal marketplace, said Glovo co-founder Sasha Misho. Last year, Glovo’s Ukrainian office revenue increased by a third to ₴3B ($70M). The company serves over 40 cities and has more than 12,000 active partners, 85% of whom are small and medium-sized businesses. Over 25% of Ukrainians have used the service at least once. A key trend is the rapid

Businessman Dmytro Oliynyk and his partners acquired a controlling stake in the Khmelnytskyi Regional Brewery. “We bought 78% of the shares. The buyer was Kostopil Glassworks,” he said. According to him, between 2025 and 2027 ₴250M ($6M) will be invested in the brewery’s development. Khmelpyva’s growth strategy involves focusing on the Khmelnytskyi region’s market, opening its own stores, and building the brand. Oliynyk explained that his decision to acquire the enterprise was driven by the synergy between the glass-making business

The Antimonopoly Committee of Ukraine (AMCU) has approved several deals that will allow one of SoftServe’s founders, Taras Kytsmey, to enter the dairy industry. The deal involves acquiring control of the assets of Mountain Milk and Mukko Milk, with an estimated investment at around $20M. In May, Kytsmey announced that he had received an offer to co-develop a modern cattle farm that would house 2,000 animals. The first phase is set to start in August of this year. Market insiders

President Volodymyr Zelenskyy discussed purchasing American air defense systems and collaborating on drone production with US President Donald Trump. “Ukraine is prepared to buy this equipment and support American arms manufacturers. The Ukrainian leader added that Europe can assist as well. He also mentioned the possibility of co-producing drones between both states. We can strengthen each other,” Zelenskyy shared, describing his conversation with Trump during the NATO summit. The Ukrainian president also updated Trump on the battlefield situation, stating, “Putin

NATO Secretary General Mark Rutte mentioned in his closing speech that military aid to Ukraine this year might exceed the record $50B provided last year. He highlighted that the primary goal remains to ensure Ukrainian forces stay combat-ready, which is essential for continuing Russian deterrence and creating conditions for a fair peace or ceasefire. Alyona Getmanchuk, Ukraine’s new NATO envoy, believes the Hague summit produced very positive results for Kyiv. Ukraine maintained support for its NATO accession, and aid to

In May, Ukraine’s total public and state-guaranteed debt increased by $1B to $180.97B, reported the Ministry of Finance. Most of the debt is external, totaling $134.48B, which makes up 74.3% of the overall debt. Domestic debt stands at $46.48B. In April, the IMF predicted that Ukraine’s total public debt would reach 110% of the country’s GDP this year. Last year, public debt was 89.8% of GDP. Additionally, Ukraine plans to restructure the loan taken by the State Food and Grain

Fintech company Payoneer, which serves businesses worldwide, and the European Digital Innovation Hub WIN-WIN EDIH, established in Ukraine under the EU’s Digital Europe program with a total budget of €7.9B, have announced their collaboration. The goal is to help Ukrainian startups and small and medium-sized enterprises (SMEs) successfully scale to international markets. This partnership aims to strengthen Ukraine’s innovation ecosystem through knowledge exchange and practical education. It is part of a broader initiative to accelerate Ukraine’s digital recovery and deepen

The foreign ministers of the Nordic countries, during the NATO summit in The Hague, called for an immediate and unconditional ceasefire in Ukraine to pave the way for negotiations on a lasting and just peace. They emphasized that two things are needed for a quick ceasefire: Increased pressure on Russia’s military economy through a broad, coordinated package of sanctions Further support for Ukraine: Finland, Iceland, Sweden, Norway, and Denmark have pledged to provide more than $15B in military aid to

Currently, 75% of the lending for large business projects that are underway at Ukrainian banks involves energy storage facilities (ESF), indicating strong investor demand for this technology amid declining interest in gas generation, said Oschadbank top manager Yevhen Myachyn. An additional 20% of projects involve wind and solar power plants, while 10% are gas-piston plants. In comparison, last year, 70% of big business projects during the same period focused on gas generation. “Back then, quick decisions were needed, but we

The EU is close to reaching a consensus on starting accession talks with Ukraine, with Hungary being the only country currently opposed. Twenty-six of the 27 EU members believe Ukraine deserves to begin negotiations not only because it meets the requirements but also due to the geopolitical context. “We are all convinced that the negotiations should be open. And now the question is whether Orban will join in,” diplomats say. Hungarian Prime Minister Viktor Orban warned that Ukraine’s EU accession

The Urban-X consulting firm highlighted several key features of the retail real estate market in Transcarpathia in 2025. The regional market is changing, and these changes should be considered even before construction or redevelopment begins. The first trend is a shortage of quality space. Uzhhorod today demonstrates a classic imbalance of supply and demand, where demand is twice as high as the available space. The second feature is that a location with potential is not always in the center. Shopping

In Volyn, the Kovel Porto industrial park, spanning 60 hectares, received ₴70M in government support. An infrastructure project valued at ₴300M is underway to create an extensive network of railway track containing both European and Ukrainian track guages. Next year, plans include installing a solar power plant and energy storage systems. The park’s tenants include a wagon-building company and an oilseed enterprise. In the Rivne region, Eridon Tech is conducting operations, specializing in producing high-quality corn and sunflower seeds, as

The Ministry of Strategic Industry is working on expanding the preferential lending program for manufacturers of weapons and military equipment, launched in November 2024. By June 2025, the program has supported Ukrainian manufacturers with over ₴1.84B. More than half of the loans were used by manufacturers as working capital. So far, 34 out of more than 100 applications submitted have received funding. The ministry notes that applications are received daily. They are working on legislative changes to expand opportunities for

On average, in Ukraine the median selling price for an apartment has increased by 16% annually and is ₴2.3M ($55,200), according to a study. Meanwhile, the number of active ads home sales has dropped by 12% per year and now exceeds 254,000. Conversely, the number of housing reviews has risen by 37% to over 887,000. The median selling price of a house is ₴2.7M ($64,800), which is 25% higher than last year. Despite these price trends, another study indicates that

European NATO countries pledged to invest 5% of their GDP in defense by 2035, according to the final communiqué adopted at the summit in The Hague. The declaration also includes a clause confirming “the unwavering commitment of the 32 countries to collective defense, enshrined in Article 5 of the Washington Treaty – that an attack on one is an attack on all.” Ukraine is also mentioned in the document: “Allies reaffirm their unwavering sovereign commitment to support Ukraine, whose security