Economy

Friday, May 16

The EBRD will facilitate €60M in loans to Ukrainian businesses to enhance energy production, storage, and efficiency.

The EBRD will facilitate €60M in loans to Ukrainian businesses to enhance energy production, storage, and efficiency. Through a risk-sharing arrangement, EBRD will back the issuance of new loans by ProCredit Bank to small and medium-sized enterprises in Ukraine. With EBRD’s assistance, the bank anticipates providing ...

The largest logistics deal concluded during the war to date: A global container giant entered Ukrainian market.

The largest logistics deal concluded during the war to date: A global container giant entered Ukrainian market. Swiss company Medlog SA, the logistics division of one of the world’s largest container operators – Mediterranean Shipping Company (MSC), officially entered the Ukrainian market. In May, the com...

Hungary and Slovakia have alternatives to Russian oil and gas, but they are increasing their dependency.

Hungary and Slovakia have alternatives to Russian oil and gas, but they are increasing their dependency. Since Russia began its full-scale invasion of Ukraine, Hungary and Slovakia have sent €5.4B to Moscow for crude oil alone, a sum sufficient to fund 1,800 Iskander-M missiles. Despite sanctions exempti...

The IFC may allocate €5M to the Flyer One Ventures investment fund for projects in Ukraine.

The IFC may allocate €5M to the Flyer One Ventures investment fund for projects in Ukraine. The International Finance Corporation (IFC) from the World Bank Group may contribute €5M to the Flyer One Ventures (F1V) Fund to invest in technology companies in Ukraine, as well as in Central and Ea...

In Ukraine, only 3,500 out of the 20,000 identified mineral deposits are currently being developed.

In Ukraine, only 3,500 out of the 20,000 identified mineral deposits are currently being developed. The signing of the Agreement on the Establishment of the American-Ukrainian Reconstruction Investment Fund has sparked optimism that tangible investment will finally reach Ukraine’s geological e...

Ukraine maintains a leading position in agricultural exports to the EU.

Ukraine maintains a leading position in agricultural exports to the EU. In 2024, Ukraine entered the top three of the largest exporters of agricultural products to the EU, ranking third with an export volume of €13.1B, which accounts for 6.7% of total agricultural imports...

The cost of electricity for industry is rising, causing some enterprises to lose competitiveness and remain idle.

The cost of electricity for industry is rising, causing some enterprises to lose competitiveness and remain idle. Retail prices for electricity for industrial enterprises in Ukraine increased by an average of 20% in the first ten days of May compared to the average price in April, reported former Energy Minister ...

NBU currency control complicates international deals and holds back the M&A market.

NBU currency control complicates international deals and holds back the M&A market. Currency controls instituted by the National Bank of Ukraine complicate the conclusion of international M&A deals, experts noted during the Ukrainian PE & VC Summit conference in Warsaw. The p...

Thursday, May 15

The Ukrainian Parliament supports allowing arms exports, emphasizing the need for increased governmental support for exporters.

The Ukrainian Parliament supports allowing arms exports, emphasizing the need for increased governmental support for exporters. Danylo Hetmantsev, the head of the parliamentary finance committee, argues that resuming military product exports would achieve four objectives: Attract additional financial resources from foreign cli...

Ukraine has finalized all of the steps that are necessary to establish the US-Ukraine Reconstruction Investment Fund.

Ukraine has finalized all of the steps that are necessary to establish the US-Ukraine Reconstruction Investment Fund. Recently, the Ukrainian Agency for Public-Private Partnerships (PPP) and the US International Development Finance Corporation (DFC) signed two more agreements related to the fund’s launch. These...

The largest Ukrainian mineral water producer has launched its first solar power plant. How much will it save?

The largest Ukrainian mineral water producer has launched its first solar power plant. How much will it save? IDS Ukraine Group has initiated its own solar power generation. A 1.4 MW solar power plant is now operational at the Myrhorod Mineral Water Plant, generating up to 600 kWh even in cloudy weather. This...

Ukrainian businesses remain positive about their long-term perspectives.

Ukrainian businesses remain positive about their long-term perspectives. Despite geopolitical instability, long-term economic forecasts for Ukrainian businesses have improved. The optimism index rose from 0.11 to 0.15 points, based on a monthly survey of business leaders b...

EU ambassadors have approved a new sanctions package targeting Russia.

EU ambassadors have approved a new sanctions package targeting Russia. In response to Russia’s refusal to agree to a ceasefire, Europeans are set to impose a tough 17th package of EU sanctions. However, it may be weaker than expected. The package has already receiv...

The EU intends to increase tariffs on Ukrainian imports and has suggested an interim solution until a trade agreement is updated.

The EU intends to increase tariffs on Ukrainian imports and has suggested an interim solution until a trade agreement is updated. The EU aims to impose higher tariffs on Ukrainian products entering its market after June 5, when the current duty-free trade arrangement will end. The Ukrainian government estimates that reverting to...

Kyiv’s elite real estate market is beginning to recover after a prolonged downturn.

Kyiv’s elite real estate market is beginning to recover after a prolonged downturn. Since 2022, elite properties in Ukraine have undergone significant changes. The severe downturn at the onset of the war resulted in stagnation for several years. However, last year marked the first si...

The cost of building shopping malls in Ukraine has increased by 20% during the war.

The cost of building shopping malls in Ukraine has increased by 20% during the war. The construction of shopping malls is actively progressing in Ukraine. After 2022, 56 shopping malls have been launched or restored with almost one million square meters of retail space. By 2025, it i...

Wednesday, May 14

The Minerals Deal: A Critical Step in Ukraine’s Path Towards Independence

The Minerals Deal: A Critical Step in Ukraine’s Path Towards Independence In his infamous 2021 essay, “On the Historical Unity of Russians and Ukrainians”, published just 7 months before the full-scale invasion, President Putin insisted that the “true sovereignty of Ukraine...

Trump has thwarted the EU’s plan for sanctions against Russia, so now Ukraine’s allies are waiting for the results of the Istanbul meeting.

Trump has thwarted the EU’s plan for sanctions against Russia, so now Ukraine’s allies are waiting for the results of the Istanbul meeting. European leaders’ attempts to compel the US to impose new sanctions on Russia were thwarted by US President Donald Trump’s intervention, as he publicly called on Ukraine to “immediately” s...

Mining of minerals in Ukraine under the deal with the US won’t commence until after 2040.

Mining of minerals in Ukraine under the deal with the US won’t commence until after 2040. According to industry sources, the subsoil agreement forged by US President Donald Trump with Ukraine is unlikely to generate substantial returns for at least a decade, and it will necessitate conside...

Dragon Capital has updated its macroeconomic forecast to reflect a potential peace agreement.

Dragon Capital has updated its macroeconomic forecast to reflect a potential peace agreement. Ukraine’s real GDP growth in 2025 could accelerate to 3.5-5.5% if Ukraine and Russia reach an agreement on a long-term ceasefire. If the war continues, Ukraine’s economic growth will slow ...

Ukraine plans to boost exports of essential crops for the upcoming season.

Ukraine plans to boost exports of essential crops for the upcoming season. This marks the first release of the US Department of Agriculture’s (USDA) grain export forecast for the 2025/26 marketing year, projecting wheat exports to reach 16.5 million tons, while corn ex...

Cold storage facilities remain one of the scarcest and most strategically important segments of Kyiv’s warehouse real estate market.

Cold storage facilities remain one of the scarcest and most strategically important segments of Kyiv’s warehouse real estate market. Cold storage facilities in Ukraine have suffered significantly during the war, and today there is particularly high demand for temperature-controlled premises, reports CBRE. The shortage of cold stora...

How has Ukraine’s demographic situation changed since it gained independence?

How has Ukraine’s demographic situation changed since it gained independence? Since 1991, Ukraine has experienced a steady decline in the birth rate. In 1990-1991, 657,200 and 630,800 children were born, respectively; by 2024, this number has dropped to only 176,100. This indic...

Tuesday, May 13

Ukraine expects the mineral deal with the US to be fully operational within a few weeks and that it will help to ensure national security.

Ukraine expects the mineral deal with the US to be fully operational within a few weeks and that it will help to ensure national security. Through this agreement, Ukraine has finally become not just a recipient of support but a full-fledged US partner, noted the head of the Office of the President of Ukraine, Andriy Yermak, adding that t...

The European Commission has finalized its initial contracts for investments in Ukraine’s defense sector,

The European Commission has finalized its initial contracts for investments in Ukraine’s defense sector, with the EU allocating €900M for weapons for the Armed Forces of Ukraine sourced from profits generated by frozen Russian assets. Deputy Secretary General of the EU Foreign Affairs Service Charles Fri...

The EU is considering the introduction of three sanction packages targeting Russia.

The EU is considering the introduction of three sanction packages targeting Russia. The first package, labeled the 17th, will target tankers, nations aiding Russia in bypassing restrictions, and firms in the Russian military-industrial sector. The second package focuses on combating ...

How is the Ukrainian retail sector evolving during the war?

How is the Ukrainian retail sector evolving during the war? Andriy Zhuk, Chairman of the Retailers Association of Ukraine (RAU), observed that last year pharmacy retail was the most actively developing segment, accounting for 45% of all new retail locations. N...

Prices for agricultural land in different regions of Ukraine vary by more than 900%.

Prices for agricultural land in different regions of Ukraine vary by more than 900%. At the end of April, the average cost of a hectare of land in Ukraine was ₴86,655 ($2,090), which is over ₴32,000 ($772) higher than a month earlier (+59%). This marks the highest figure since the beg...

Ukrainian employers have pinpointed the most sought-after professions and voiced concerns regarding job seekers’ unrealistic salary expectations.

Ukrainian employers have pinpointed the most sought-after professions and voiced concerns regarding job seekers’ unrealistic salary expectations. A labor market study reveals that the most in-demand roles largely consist of blue-collar specialties. The top professions listed include agricultural tractor driver, mechanic-repairman, electric and ...

Ukrainian startups can secure significant investment, with a focus on available funding avenues.

Ukrainian startups can secure significant investment, with a focus on available funding avenues. The European Innovation Council (EIC) is a central initiative within the Horizon Europe framework established by the European Commission, designed to identify, develop, and scale innovative technologi...

Monday, May 12

The West is preparing sanctions for a new blow against the Russian economy.

The West is preparing sanctions for a new blow against the Russian economy. Finland has proposed imposing duties on all imports from Russia to the EU, which will operate simultaneously with existing sanctions. This step will not require unanimity from all member states. The p...

Only 25% of businesses in Ukraine plan for active growth in 2025.

Only 25% of businesses in Ukraine plan for active growth in 2025. According to a study, 20% of companies plan to actively hire employees, while 39% will limit themselves to selective recruitment, and 34% will not change their personnel levels. At the same time, 7% o...

April’s inflation in Ukraine exceeded 15% for the first time in two years.

April’s inflation in Ukraine exceeded 15% for the first time in two years. In April 2025, inflation in the consumer market was 0.7%. In annual terms, price growth accelerated to 15.1%, compared to 14.6% in March, as reported by the State Statistics Service. Prices for food p...

Friday, May 9

Ukraine ratified the mineral agreement with the US: What do we need to know about the partnership?

Ukraine ratified the mineral agreement with the US: What do we need to know about the partnership? The first contribution will come from the US International Development Finance Corporation (DFC). According to Minister of Economy of Ukraine Yulia Svyrydenko, Ukraine has not yet signed two other agr...

European exports to Ukraine are growing faster than imports of Ukrainian goods.

European exports to Ukraine are growing faster than imports of Ukrainian goods. Last year, the European Union exported goods valued at €42.8B to Ukraine and imported €24.5B, resulting in a trade surplus of €18.3B, according to Eurostat data. Compared to 2023, exports and imports ...

Defense experts outline possible conditions for the export of Ukrainian defense industry products.

Defense experts outline possible conditions for the export of Ukrainian defense industry products. Ihor Fomenko, the General Director of the Defense Division of the Federation of Employers of Ukraine, stated that several options for exporting Ukrainian defense products are currently being considere...

For every new individual enterprise in Ukraine, there are currently 1.5 closures.

For every new individual enterprise in Ukraine, there are currently 1.5 closures. According to the Opendatabot analytical portal, 81,928 individual entrepreneurs have opened in Ukraine since the beginning of the year, which is 9% less than during the same period last year. Meanwhil...

The war has raised the cost of a square meter of housing in Ukraine by 100%.

The war has raised the cost of a square meter of housing in Ukraine by 100%. Over the three years of the war, the cost of housing construction in Ukraine has increased by an average of 90-115%, depending on the housing class, and it continues to grow. The reasons lie not only ...

Thursday, May 8

Despite official statements, the EU’s complete elimination of Russian gas is problematic.

Despite official statements, the EU’s complete elimination of Russian gas is problematic. In the absence of sanctions, it will be difficult for European buyers to terminate gas contracts under force majeure conditions. While a possible peace agreement between Russia and Ukraine may ease sa...

Do the details of the subsoil agreement with the US ensure parity?

Do the details of the subsoil agreement with the US ensure parity? The framework intergovernmental agreement between Ukraine and the US apparently contains two unpublished documents that were signed in Washington. According to these documents, the American side will ...

The EC has proposed its 17th package of Russian sanctions: Where will the blow land?

The EC has proposed its 17th package of Russian sanctions: Where will the blow land? The European Commission has finalized the preparation of the 17th package of sanctions targeting Russia, proposing restrictions on more than 150 vessels associated with the Russian shadow fleet that i...

The US-Ukraine mineral resources agreement provides the $1.2B Black Iron ore project a boost.

The US-Ukraine mineral resources agreement provides the $1.2B Black Iron ore project a boost. Canadian mining company Black Iron Inc., which operates the Shymanivske iron ore project, has supported the signing of a joint mineral resources agreement between Ukraine and the US, hoping that the d...

Business experts predict growth in Ukrainian exports.

Business experts predict growth in Ukrainian exports. The President of the Ukrainian Chamber of Commerce and Industry (UCCI) Gennady Chyzhykov noted that last year the volume of Ukrainian exports reached 129.2 million tons of goods ($41B). The continuati...

What Ukrainian goods and services are in high demand in EU markets?

What Ukrainian goods and services are in high demand in EU markets? Experts from the EasyBusiness NGO and Civitta, within the framework of the Better Market Connectivity of Ukraine to the EU project, conducted a comprehensive analysis of the export opportunities for U...

Ukrainians increased their tax contributions to the Polish budget by 27% last year.

Ukrainians increased their tax contributions to the Polish budget by 27% last year. In 2024, Ukrainians paid nearly PLN 1.65B ($414M) to the Polish state budget in personal income taxes (PIT) and corporate income taxes (CIT), according to Gremi Personal analysts. This represents an i...

Norwegian Norfund has identified priority areas for €14.5M in investment in Ukraine.

Norwegian Norfund has identified priority areas for €14.5M in investment in Ukraine. Ukrainian leadership from the Ministry of Finance held a working meeting with representatives of the Norwegian Norfund investment fund, during which they discussed opportunities for Ukraine’s re...

Wednesday, May 7

Trump plans to use oil prices and the Ukrainian mineral deal to pressure Putin into accepting peace.

Trump plans to use oil prices and the Ukrainian mineral deal to pressure Putin into accepting peace. US President Donald Trump stated that falling oil prices are increasing pressure on Russia and raising the likelihood of a peace deal being reached that will end the war in Ukraine. “Now that oi...

Russian oil prices have fallen to a two-year low and are already 40% below the budget target.

Russian oil prices have fallen to a two-year low and are already 40% below the budget target. The Russian economy is showing a decline for the first time since 2022. The price of Russian oil in rubles has dropped below ₽4,000 per barrel for the first time in two years. This is approximately 40...

What difficulties await investors who are interested in the mineral deal between Ukraine and the US?

What difficulties await investors who are interested in the mineral deal between Ukraine and the US? The agreement on joint investment in Ukrainian subsoil does not yet promise quick profits. The agreement encompasses all types of resources, from oil and gas to various metals and minerals. While Ukra...

The reconstruction investment fund needs guarantees that will be ratified by the Ukrainian Parliament.

The reconstruction investment fund needs guarantees that will be ratified by the Ukrainian Parliament. Deputy Minister of Economy Taras Kachka explained that the mineral agreement with the US, which provides for the creation of a separate investment fund, will be ratified solely by the Ukrainian side. ...

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