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This is the largest private investment in Ukraine since the start of the full-scale Russian invasion. The project will be the largest wind farm in Eastern Europe to be built in the last decade. To implement the project, DTEK has obtained €370M in loans from international banks and led by Danske Bank, supported by the Export-Investment Fund of Denmark (EIFO). EIFO has already financed more than 15 projects in Ukraine. These funds will be used to purchase 64 turbines from

The Podillia agrobusiness processes 1,600 hectares of sown land (sunflower, wheat, corn, soybeans) and before building its own elevator, grain had to be stored either in warehouses or through the services of third-party elevators, which was unprofitable. Therefore, last spring the construction of an elevator was commissioned from Ukrainian KMZ Industries, and the first test runs of the equipment were carried out at the end of autumn. The second and third stages of the elevator are planned to increase simultaneous

ArcelorMittal Kryvyi Rih significantly increased its production indicators in 2024 but could not reach a break-even level. The main problems were the war, electricity shortage, high energy prices, expensive logistics, and the price situation in the metal product markets. In the middle of the year, AMKR temporarily reached 50% of its metallurgical production capacity. The mining department worked at about 70-75% of pre-war production. The enterprise produced: pig iron – 2.2 million tons (+42.7% by 2023) steel – 1.7 million

As stated by the General Director of the Ukrainian Agrarian Club, Oleg Khomenko: “Direct and indirect losses for agriculture during the war exceed $80B. This includes infrastructure, production facilities, and assets for grain storage. We see a significant impact on railway and port infrastructure. We also lost about 25% of the previous sown area.” Khomenko states that since the fall of last year, during the period of active export of Ukrainian grain, Russia has been trying to prevent exportation by

Ukrainian real estate developer Perfect Group has begun construction of the Velmy apart-hotel in Polyanytsia, in the Ivano-Frankivsk region. The goal of the Velmy project is to change the standards of recreation and investment in the region. “This is a reliable investment with a projected payback of eight to nine years, which makes the project attractive to investors,” the company says. The Velmy apart-hotel is located in Bukovel next to Lake Molodist. It will contain 492 apartments ranging in size

Donald Trump was sworn in, officially becoming the 47th president of the United States. After taking office, he said that he would focus on ending all wars in the world and building “the strongest military we have ever seen.” Trump continued, “Our success will be not only in the battles that we win but also in the wars that we manage to stop. It will also be important not to get involved in wars”. After his inauguration inside the US

On Monday, 47th US President Donald Trump declared an energy emergency, allowing energy extraction in places previously where it was previously prohibited. “We will drill. We will become a rich country again, and the liquid gold under our feet will help us do this,” Trump said. He also lifted a Biden-imposed moratorium on new licenses to export liquefied natural gas (LNG). As a result, the Department of Energy must resume consideration of applications for new permits, as well as study

A few hours after US President Donald Trump’s inauguration, the Senate confirmed Marco Rubio for the post of US Secretary of State. He becomes the first Cabinet official of the new administration to be approved by the House. Following his confirmation, Rubio said that the war between Russia and Ukraine needs to be ended as soon as possible, but each side will have to make certain concessions. “We want the war to end. That’s quite clear. I can’t set a

It is necessary to achieve a diplomatic means to end the war, but whether the peace will be stable and fair depends on what this diplomacy and security guarantees turn out to be, said President Zelenskyy at the World Economic Forum in Davos. “If diplomacy is strong, after the negotiations Ukraine will have strong security guarantees that will make it impossible for Putin to return with another war, then this will be a stable, fair, strong peace for Ukraine, Europe,

President Zelenskyy, at the Davos economic forum, called on the EU to increase weapons production, as it is important for both Ukraine and Europe. He said that at the beginning of the full-scale war, Ukraine was 90% dependent on US military aid, but now this figure has decreased to less than 40% thanks to an increase in its own defense production and EU assistance. “But this is not enough because Russia has more than 30 factories in the military sector,

Minister of Agrarian Policy Vitaliy Koval noted that all state-owned agro-industrial enterprises and agricultural complexes should be privatized as soon as possible. New owners should be found for all state-owned enterprises whose activities duplicate the operations of private businesses. Koval explains the need for full privatization of non-core property in the agro-industrial complex by the fact that, in most cases, the state is a less effective manager than the private sector. Therefore, it is necessary to privatize those state-owned enterprises

The war in Ukraine “will not end tomorrow or the day after tomorrow,” French President Emmanuel Macron said in his address to the French military. According to him, the West’s key task now is to “provide Ukraine with the means to survive and the ability to conduct future negotiations from a position of strength.” The French president also stressed the importance of long-term security guarantees for Ukraine: “When the fighting stops, it will be necessary to guarantee that war will

Minister for Strategic Industries Herman Smetanin announced the official opening of a joint venture between KMW (KNDS Deutschland) and a Ukrainian defense enterprise. The newly created company will specialize in the maintenance and repair of military equipment supplied by the company to the Ukrainian defense forces. This equipment first appeared in Ukraine back in 2022. According to the minister, Ukrainian specialists have already been trained in Germany, and the first operational systems have already been installed at the facility. KNDS

The European Commission is working on a plan to remove all Russian fossil fuels from the EU market, EC spokeswoman Anna-Kaisa Itkonen said in Brussels on January 20. She added that the EU has cut all Russian coal imports, most Russian oil imports, and over 66% of Russian gas. “Despite these significant results, Russian gas is still present in the EU market. And this is something we don’t want to see, and this is one of the issues that will

Most of the 145 top company managers surveyed by the American Chamber of Commerce in Ukraine (AmCham) expect continued or increased support for Ukraine from the US (77%), and 23% predict its decrease. Also, 61% believe a ceasefire is possible in 2025, 31% doubt it, and 8% expect an escalation at the front. Notably, 85% of companies are fully operational and will continue to invest in Ukraine. Moreover, 35% plan to increase investment, and 48% plan to maintain investment at

In 2025, Ukraine expects to receive more than €30B in budget support from the EU, said Finance Minister Serhiy Marchenko. The amount consists of two parts: €18.1B from the framework of using income from frozen Russian assets and €12.5B in assistance within the framework of the Ukraine Facility. The funds will be used to meet state budget needs in both 2025 and 2026. The EU has been the largest donor of direct budget assistance since February 2022, providing €45B. However,

One of the largest agricultural companies in Ukraine, Nibulon, suffered financial losses of more than $500M due to the closure of the Mykolaiv seaport hub. The suspension of shipbuilding and the cessation of shipping on the Dnipro River and Southern Bug Rivers began immediately after the start of the full-scale invasion, said top manager of Nibulon Mykhailo Rizak. He added that the Mykolaiv port facilities are ready to resume operations after a political decision is made to open them. It

Despite the war, international companies slowly continued entering the market, looking for high returns and post-war new market opportunities. VisionFund Ukraine, after two years on the market, received a license from the National Bank of Ukraine to operate as a non-bank financial institution providing loans. This significant milestone represents the official launch of VisionFund Ukraine’s operations as a finance company in the country. The company will start lending to small businesses and cooperating with stakeholders to support the implementation of

When the full-scale Russian invasion began, US President Joe Biden identified three key goals for the American response. Ukraine’s victory was not mentioned among them. In fact, the wording used by the White House: “support Ukraine as long as necessary,” was deliberately vague. Eric Green, a former member of the US National Security Council who was responsible for Russian policy, explained that in Biden’s opinion, even with Western help, the reclamation of all Russian-occupied territories, including Crimea, may not be

US President Donald Trump can force the aggressor country, Russia, to pay for the restoration of Ukraine by using the $300B in frozen Russian assets. Scholars from the Hoover Institution and the American Enterprise Institute believe that the time has come for this and give five arguments in favor of this taking place: The first is that Donald Trump has returned to the White House. Trump knows how to use pressure. The Europeans realize that if they do not act,