Advanced search

British intelligence has reported that the aggressor state is prioritizing the southern Donetsk front. There, the Russian army advanced in several areas of the front across a 20 kilomter width. In this sector, Russia maintains a favorable balance of power, which partially explains the acceleration of the Russian offensive’s pace. In addition, Moscow continues to recruit large numbers of personnel to support their operations in southern Ukraine. In the Kursk region of the Russian Federation, where Ukraine controls about 600

President Zelenskyy spoke with Canadian Prime Minister Justin Trudeau and discussed the Peace Formula, the Victory Plan, and cooperation on the organization of the second global Peace Summit. During the call, Trudeau announced the shipment of the first NASAMS air defense system ordered by Canada for Ukraine by the end of the year. Simultaneously, Ukraine and Lithuania signed a memorandum on joint production of UAVs, ammunition, electronic warfare equipment, and the development of advanced technologies. Moreover, Ukraine received the first

the head of the Ministry of Foreign Affairs of Poland, Radoslaw Sikorski, said. “This discussion is about where the right to self-defense begins and where it ends. Do we have the right to shoot down a missile only after it is already over our territory? Fragments of such a missile can cause damage or injure or kill someone,” Sikorski said. At the same time, he noted that “one can have an honest difference of opinion” on this Ukrainian request. “This

BGV Group Management, an investment company and co-owner of one of the largest retail chains in Ukraine, ATB, has partnered with SAGA Development, a Ukrainian developer with a two million square meter real estate portfolio. The cooperation started with the Boston Creative House project in the Obolon district of Kyiv. It envisages the construction of two 25-story buildings with 682 apartments. Apartment prices will start at ₴2M ($48,210). Commissioning is planned for the fourth quarter of 2025. SAGA started project

Last month ₴106.9B was obtained from OVDP sales, equivalent to ₴83.4B and $569M. At the same time, military bonds accounted for almost ₴82.8B of the total volume of government bonds issued last month. As of November 1, over ₴1.76T worth of OVDP bonds are in circulation. The largest shares are held by commercial banks (46.7%) and the NBU (38.5%). Legal entities and individuals hold 8.4% and 4%, respectively. The share owned by non-residents is 1.3%. The weighted average yield of

The main takeaway from the first month of auctions by the Land Bank is ₴34.7M including VAT paid to the budget and 19 concluded agreements with winners from six regions. As a result of these auctions, more than 1,178 hectares of land were taken out of the shadows and leased for 14 years to farmers interested in effective long-term cultivation, the State Land Bank reported. The average leasing price per hectare was ₴29,600 ($721) per year. The highest average price

The court opened bankruptcy proceedings and opened the liquidation procedure for the Svynets Specialized Enterprise from the Donetsk region. It was the largest producer of secondary lead and lead-containing alloys, ferronickel, tin, and polypropylene. An analysis of the plant’s financial statements for 2019-2021 reveals negative dynamics for the firm’s general indicators, operational losses, negative current assets, and unsatisfactory liquidity and solvency indicators. The property manager noted that the large number of payables in the absence of a sufficient number of

Head of the Verkhovna Rada committee on urban planning, Olena Shulyak, said that before the war the construction industry traditionally accounted for 4% of Ukraine’s GDP. At the same time, during the reconstruction of Ukraine, the industry’s expected volume within 10 years will be 10% of GDP. The expected demand for basic building materials for five years of recovery will be approximately $19.6B annually. “90% of the necessary building materials can be produced in Ukraine, and we have strong capacities

Ukraine’s investment attractiveness index increased to 2.49 points in 2024 (out of a possible five) from 2.44 points in 2023, according to a survey by the EBA, in which 80 top managers of international and domestic companies participated. The number of managers who consider the investment climate in Ukraine unfavorable has decreased from 84% last year to the current 79%. Among them, 20% consider it extremely unfavorable (53% in 2022). 12% rate the current investment climate as neutral (7% last

European states are preparing for a possible change in Washington’s foreign policy regarding Ukraine and a weakening of military ties in the event of a Trump victory in the US presidential election. The US’ closest allies in Europe anticipate a possible break in transatlantic relations should Trump win and are skeptical of his support for Ukraine. Politicians, diplomats, and analysts say they are better prepared for a possible second presidency, including an understanding of the diplomatic steps that would need

The reaction from Western countries to the transfer of North Korean troops to Russia has been weak, the Ukrainian president emphasized. He noted that the Ukrainian side knows about every site where Russia has accumulated soldiers from the DPRK for further deployment, and Ukraine’s military could launch a pre-emptive missile attack on them, but Western countries, which could provide the means for such strikes, have not taken action. “Instead of providing a necessary long-range capability, America is watching, Britain is

The deputy head of the IMF mission in Ukraine, Trevor Lessard, noted that the introduction of a 50% tax on bank profits for the second year in a row contradicts the nature of taxing excess profits, undermines trust in politicians, and is not an effective solution. “If you introduce a tax on extraordinary income more than once, then people will start to react, and you will start to lose confidence in the policy,” he said. According to him, banks may

Russia continues to lose economic ties with its once-largest trading partner, the EU, and according to August’s results, deliveries of goods to Russia from European countries decreased by 18% compared to July, to €2.5B, as shown in Eurostat data. Measured against trade volumes from before Russia’s full-scale invasion of Ukraine, the Russian economy has lost two-thirds of imported EU goods, when European imports were €7-8B per month in 2021. Russia’s total trade turnover with the bloc in August fell to

Salic, the Saudi Agricultural and Livestock Investment Co. owned by the Public Investment Fund of Saudi Arabia, is buying a company that owns several agricultural assets in Russia. One of these assets is a large grain terminal on the Russian coast of the Sea of ​​Azov. According to Bloomberg, Salic will acquire the Singapore-registered company Olam Agri, which owns the agricultural assets of the global company Olam Group, for $4B. Olam Group has confirmed that it has received an offer

In a new analytical review of the land market by the KSE, it is reported that after the opening of Ukraine’s agricultural land market for companies, prices for transactions involving individuals have increased by 9-10%. At the same time, the researchers emphasize that this is a correlation, not a cause-and-effect relationship. Analysts note that legal entities, on average, pay 47% more for agricultural land than individuals. However, if we consider only the transactions between individuals in which the price exceeds

Ukraine is ready to consider the possibility of a making a deal with Russia on the mutual cessation of strikes on energy infrastructure, but only with the mediation of Qatar or another country, said the head of the President’s Office, Andriy Yermak. Ukraine held thematic conferences detailing the points of the Peace Formula, the first of which was devoted to energy security. Qatar was one of the co-organizers of the conference. According to the head of the president’s office, if

President Zelenskyy said there are currently essential developments in military supplies from Ukraine’s partners. According to him, an increase in supplies is currently recorded through support packages, and artillery supplies have improved. It should be noted that Zelenskyy recently criticized NATO partners, particularly the US, for not sending promised military support to Ukraine. At that time, he emphasized that NATO was not ready to take decisive steps regarding Ukraine’s membership because of the war. Instead, Ukraine was promised “six or

Polish logistics company Laude Smart Intermodal from Toruń, which controls 33% of the container rail transport market in Ukraine, is preparing a large-scale expansion of its activities. Despite the war risks, the company has developed innovative containers and plans to build a new terminal. The company has been operating in Ukraine since 2013 and has offices in Zaporizhzhia, Dnipro, and Vinnytsia. It’s Ukrainian business generates 20-40% of the company’s revenues. In 2022, the company lost about 500 containers and 250

Preparatory work is underway in Ukraine to create a fund that international financial organizations will finance to stimulate the construction of renewable energy facilities, said Andriy Konechenkov, Chairman of the Board of the Ukrainian Wind Energy Association. “We, together with the European Ukrainian Energy Agency (EUEA), are working to create a so-called minimum price guarantee fund for producers of green and other electricity,” he said. According to him, this fund will be established with the support of international donors to

Danube ports cannot compete for export cargo; if it is not possible to export goods through Odesa, the business will be reoriented to EU ports, the Ukrainian Danube Shipping Company (UDP) reported. “The Danube needs a comprehensive plan based on the realities of the market, and not illusions that supposedly spot improvements will change the overall picture,” the UDP emphasized. Thus, the “Danube rescue plan” should begin with forming a competitive logistics chain that will unite all logistics elements: railway,