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From January to July 2025, the Defense Procurement Agency (DPA) increased contracts for domestic weapons by ₴158B ($3.8B) compared to the same period last year. This has led to the share of domestically produced weapons and equipment in total DPA procurement rising to 71.4% (compared to 44.1% a year earlier). DPA Director Arsen Zhumadilov emphasized, “When there are clear rules and a clear logic of interaction, manufacturers scale up. The growth in contracts with Ukrainian enterprises is a result of

According to Minister of Digital Transformation Mykhailo Fedorov, by July 2025 winners of the Ukrainian Startup Fund program had already attracted over $50.9M in outside investments. These funds are now helping to transform various sectors of the economy. The minister highlighted projects that are currently developing technologies that are creating new markets across different industries. Specifically: Esper Bionics – developed bionic prostheses that are connected with a cloud service that “learns” the user’s habits. The company is pioneering a new

Polish energy firm Unimot has invested PLN 400,000 (over $110,000) in newly formed company PZL Defence, which will focus on developing and manufacturing UAVs and anti-drone systems. “We see the growing importance of unmanned technologies for regional security. Therefore, we are joining a project that combines Polish engineering and the unique Ukrainian experience gained in real combat conditions,” said Unimot CEO Adam Sikorski. After registering PZL Defence, Unimot will hold 40% of the shares, PZL Sędziszów will hold 10%, and

Since the beginning of 2025, 4,113 companies have joined the list of businesses that meet transparent business conduct standards in Ukraine, while 3,228 have dropped out. In total, there are now 8,882 companies in the “white business club,” which is 885 more than at the start of the year. Among the participants, six companies are already suspended, one is in bankruptcy proceedings, and one has open tax proceedings due to debt. Additionally, as of the start of the full-scale invasion

According to Reuters, US President Donald Trump is unlikely to impose the promised 100% tariffs on countries that buy Russian oil. Trump has already threatened similar measures against countries that purchase oil from Venezuela but has not implemented the tariffs. Experts say that introducing 100% tariffs on Russian oil could result in the removal of over 4.5 million barrels of raw material from the market each day. Additionally, the US risks severing trade ties with other nations and causing a

President Volodymyr Zelenskyy has tasked Ukrainian manufacturers with ensuring that the country has at least 500-1,000 UAVs at its disposal every day. He has given his assurance that government officials would secure contracts for these drones and is working with allies to avoid funding shortages. “The total and urgent cost of this issue is now $6B,” the president stated. Zelenskyy mentioned that currently there are four top defense companies that produce interceptor drones, and in the future, ten manufacturers will

The European Parliament is exploring proposals to accelerate the EU’s phase-out of Russian gas by one year, aiming for January 2027. EU countries and their lawmakers are preparing to negotiate an EU plan to ban Russian gas imports, building on a legal proposal that the European Commission submitted last month to completely cease Russian gas imports by January 1 2028. Meanwhile, EU natural gas futures prices fell below €32/MWh for the first time in three months on June 25. Prices

According to European Commission spokesman Guillaume Mercier, the fourth installment of financial aid to Ukraine in 2025 under the Ukraine Facility mechanism, which Ukraine requested in June, will be smaller than planned because Ukraine has not completed 3 of the 16 required reforms. This tranche is the largest both in terms of money at stake and in the number of reforms required. If all reforms are completed, Ukraine would receive €4.5B. Mercier noted that the EC has approved 13 reforms

President Volodymyr Zelenskyy, speaking to journalists, said Ukraine must close an annual budget deficit of about $40B, with an additional $25B needed for domestic production of missiles, drones, electronic warfare systems, and other required equipment and supplies. In total, Ukraine requires $65B in funding. He mentioned that he had started discussions on financing with leaders from the EU, the US, NATO, France, and the UK. According to Zelenskyy, “there is still a program for financing our army in the future.”

According to the DREAM state portal, the estimated maximum public investment in housing restoration and social rental stock for 2026-2028 amounts to ₴18.4B, while the sector’s priority needs are ₴133B ($3.2B). The financial requirement for restoring apartment buildings is ₴115.1B ($2.75B). In 2026, 2,600 apartment buildings should be restored; in 2027, 4,000; and in 2028, 5,300. The need for constructing social housing is ₴17.8B ($430M). By the end of 2026, it is planned to build 1,300 apartments, providing social housing

Polish businesses are applying to the Polish State Development Bank (BGK) for preferential loans to invest in Ukraine’s reconstruction and modernization projects, including roads, energy networks, and industrial facilities. The program’s total budget is PLN 250M ($55.25M), with a maximum loan of PLN 10M at 2% annually. Meanwhile, Ukraine and Slovenia have agreed on new recovery projects in housing and communal services for frontline regions. These include water supply, energy efficiency, and infrastructure development. They also plan Slovenian company involvement

After many years of struggle, a consortium consisting of state-owned Oschadbank (80%) and Ukreximbank (20%) has gained ownership of the Gulliver retail and office complex in Kyiv, which is among the largest and most valuable commercial properties in Ukraine. It is noted that Gulliver served as collateral for a loan obligation, and the collection process was initiated because the Three O company   – the debtor and owner of Gulliver – failed to meet its loan commitments. The consortium advises all

In the past five years, 8,644 farms were registered in Ukraine, while 3,416 ceased operations. Registration peaked in 2021 with 2,678 new farms, but after Russia’s full-scale invasion registrations dropped to 1,558. Since 2023 a gradual recovery has been recorded, with about 1,697 new companies annually. From January to July 2025, 869 new agricultural enterprises were registered. The highest number of closures occurred in 2021 (1,070) and 2024 (685). In 2023, 536 farms ceased operations. Odessa registered the most new

As of July 25, farmers had threshed 10.347 million tons of early grain and leguminous crops, compared to 7.226 million tons the week before. Notably, 7.088 million tons of wheat, 2.792 million tons of barley, and 412,400 tons of peas were harvested. The Odesa region leads in grain and leguminous crop harvesting, with 2.5 million tons gathered. As reported, by July 26 2024, Ukraine had harvested 22.324 million tons of the new crop, including 19 million tons of grain and

According to CBRE Ukraine, the base rental rate for warehouse properties in Kyiv averages $5 per square meter and is likely to increase due to a shortage of available premises. However, prices in Kyiv across the  entire Ukrainian market remain relatively moderate compared to cities like Lviv. Currently, warehouses in Lviv can be rented for $6-6.5 per square meter. Before the full-scale Russian invasion, rental rates were higher, reaching close to $10 for Class C warehouses. Forecasts indicate that rental

US President Donald Trump said that the US and the EU have reached an agreement in which Brussels will cover the full cost of all weapons and equipment that will be acquired. After receiving American weapons, EU countries will distribute them independently, with most going to support the Ukrainian armed forces. Simultaneously, the US State Department approved the sale of Bradley infantry fighting vehicles and related equipment to Ukraine, with an estimated total cost of $150M. The US also authorized

as announced on its website. The central bank explained that there’s no room to lower interest rates after bad weather caused damage to  crops, while increased Russian air attacks continue to hurt businesses and fuel inflation. Policymakers expect the key rate to stay the same until the fourth quarter of this year. The decision “is an important prerequisite for a sustainable slowdown of inflation toward its 5% target”, the NBU said on July 24. The central bank also noted that

President Zelenskyy has introduced draft law No. 13533, with an explanatory note stating that the version of the Criminal Procedure Code of Ukraine adopted by parliament on July 22 poses potential risks to the effective functioning of Ukraine’s anti-corruption infrastructure, particularly regarding the independence of the National Anti-Corruption Bureau of Ukraine and the Specialized Anti-Corruption Prosecutor’s Office. The new bill will strengthen the institutional independence of both the NABU and SAPO and provide robust protection for their activities from influence

The central bank will work on reforms aimed at expanding incentives for businesses to attract capital to Ukraine, NBU Chairman Andriy Pyshnyy said. He explained that the logic behind currency liberalization relies on two main elements: protecting national security and creating additional benefits for Ukraine’s economic recovery. Among the measures currently under review by the regulator, the NBU Chairman mentioned broadening liberalization initiatives, issuing government bonds to attract foreign funds, and addressing issues related to dividends. These topics are being

According to Andriy Pyshnyy, the head of the National Bank of Ukraine, inflation reached its peak as expected in May and began to decrease in June, amounting to 14.3% year-on-year. At the same time, it was higher than forecast, mainly due to the negative impact of weather conditions on the harvest and food supply. In contrast, the slowdown in core inflation to 12.1% was somewhat faster than expected. The inflation trend in the upcoming months will largely depend on how