Economy

Monday, July 21

Polish oil producers are urging their government to lift the embargo on Ukrainian rapeseed imports due to a raw material shortage.

Polish oil producers are urging their government to lift the embargo on Ukrainian rapeseed imports due to a raw material shortage. The Polish Association of Oil Producers (PSPO), which represents 95% of the industry, has asked Prime Minister Donald Tusk to reverse the 2023 order banning Ukrainian rapeseed imports. The raw materia...

A Spanish-Polish investor plans to develop transportation and energy infrastructure in Western Ukraine.

A Spanish-Polish investor plans to develop transportation and energy infrastructure in Western Ukraine. Representatives of the Volyn Regional State Administration met with a delegation from Aldesa Polska, a Polish subsidiary of the Spanish construction group Grupo Aldesa. The company announced its inten...

The government is planning a partial privatization of large state-owned companies to attract billions of dollars.

The government is planning a partial privatization of large state-owned companies to attract billions of dollars. The Ministry of Economy is currently working on legislative changes that will enable the privatization of shares in large state-owned companies, said the Minister of Economy, Oleksiy Sobolev. “W...

OKKO is expanding its agribusiness by acquiring another company and building a bioethanol plant.

OKKO is expanding its agribusiness by acquiring another company and building a bioethanol plant. The Antimonopoly Committee of Ukraine has approved VI.AN Holding Limited (Cyprus), owned by Vitaliy Antonov (founder of OKKO Group), to take control of Kairos-Holding. OKKO Group stated that this acqu...

Helsing sees significant opportunities in Ukrainian drone production and considers the country its primary market.

Helsing sees significant opportunities in Ukrainian drone production and considers the country its primary market. Co-founder of defense startup Helsing, Gundbert Scherf, noted that Ukraine has strong capabilities in drone manufacturing and is rapidly improving designs and technology. Initially, the war-torn count...

Friday, July 18

Domestic deals picked up and new foreign markets have been entered; here is what has taken place in the Ukrainian M&A market in the first half of the year.

Domestic deals picked up and new foreign markets have been entered; here is what has taken place in the Ukrainian M&A market in the first half of the year. According to a KPMG study, Ukraine’s M&A market showed positive trends in the first half of the year. The revival of domestic deals and strategic acquisitions both domestically and abroad co...

Ukraine’s real GDP growth in the first quarter fails to exceed 1%.

Ukraine’s real GDP growth in the first quarter fails to exceed 1%. Ukraine’s nominal GDP in the first quarter of 2025 was ₴1.9T, according to the State Statistics Service. Meanwhile, real GDP growth by the first quarter of 2024 reached 0.9%. At the same time, f...

Ukraine believes that Trump’s secondary sanctions could finish the war by the year’s end.

Ukraine believes that Trump’s secondary sanctions could finish the war by the year’s end. Head of Ukraine’s Presidential Office Andriy Yermak stated that US President Donald Trump can end the Ukraine conflict by the end of 2025 if he enforces strict sanctions on buyers of Russian ene...

A multimodal bulk carrier terminal, with a transshipment capacity of 300,000 tons per year, will be built in Western Ukraine.

A multimodal bulk carrier terminal, with a transshipment capacity of 300,000 tons per year, will be built in Western Ukraine. Plans also include constructing a multimodal terminal for bulk cargo and a base for petroleum products, featuring a mixing plant for adding bioethanol to gasoline in Transcarpathia. According to the p...

An underground industrial park will be created in the Kharkiv region with the support of international investors.

An underground industrial park will be created in the Kharkiv region with the support of international investors. Entrepreneurs from the Kharkiv region announced during a telethon that after the massive shelling and loss of enterprises in the Kharkiv region, they plan to create the first underground industrial pa...

Poland’s largest airline plans to restart flights to two Ukrainian cities within six weeks of the war’s end.

Poland’s largest airline plans to restart flights to two Ukrainian cities within six weeks of the war’s end. Poland’s biggest airline, LOT, has announced it is ready to resume flights to Ukrainian cities within six weeks after peace is established and the airspace is considered safe. The airline is alr...

Thursday, July 17

Ukraine is moving closer to launching a large-scale housing reform.

Ukraine is moving closer to launching a large-scale housing reform. The Ukrainian Parliament approved in the first reading a bill, On the Basic Principles of Housing Policy, which initiates a major housing reform in Ukraine, said Olena Shulyak, the head of the Committ...

The EU plans to approve a record budget, with Ukraine set to receive €100B.

The EU plans to approve a record budget, with Ukraine set to receive €100B. The European Commission intends to approve a historic EU budget for 2028-2034 totaling €1.717T. According to EC President Ursula von der Leyen, €100B of this amount will be allocated to support Ukrain...

Ukraine is prepared to begin mass production of anti-personnel mines to alter battlefield dynamics and strengthen its defense.

Ukraine is prepared to begin mass production of anti-personnel mines to alter battlefield dynamics and strengthen its defense. After passing a law suspending Ukraine’s participation in the Ottawa Convention, which prohibits anti-personnel mines, and its approval by the president, the production of such munitions for the...

Over 85% of industrial companies in Ukraine do not plan to cut their production before 2027.

Over 85% of industrial companies in Ukraine do not plan to cut their production before 2027. According to a survey by the Institute for Economic Research, 85.6% of business respondents intend to maintain their current production levels over the next two years. An additional 12.1% plan to incr...

Investment in maritime logistics: Ukraine plans to allocate $100M for port infrastructure repairs, and $200M for the Pivdenny terminal.

Investment in maritime logistics: Ukraine plans to allocate $100M for port infrastructure repairs, and $200M for the Pivdenny terminal. Ukraine will also direct over $100M to implement other key port projects, said Oleksandr Semirga, head of the Ukrainian Sea Ports Administration. He explained that this funding will cover repairs of b...

Despite the war, reconstruction is ongoing across Ukraine.

Despite the war, reconstruction is ongoing across Ukraine. The government has approved the allocation of ₴14.5M from the fund for liquidating the consequences of armed aggression to finish building two key infrastructure projects in the Kherson and Chernihiv ...

Ukraine has lowered the sale price of one of Europe’s largest engine component factories.

Ukraine has lowered the sale price of one of Europe’s largest engine component factories. Ukraine’s Cabinet of Ministers approved the terms for selling the government’s 100% stake in the Motordetal-Konotop enterprise’s authorized capital that was previously seized from a ...

Wednesday, July 16

The EU might fund weapon purchases for Ukraine from the US by using frozen Russian assets.

The EU might fund weapon purchases for Ukraine from the US by using frozen Russian assets. Europe still faces disagreement over using hundreds of billions of dollars in frozen Russian assets, which could serve as a source of aid to Kyiv, which includes the new US military support package. R...

The US Congress has postponed a vote on Russian sanctions following Trump’s announcement of a 50-day deadline for Putin to agree to peace.

The US Congress has postponed a vote on Russian sanctions following Trump’s announcement of a 50-day deadline for Putin to agree to peace. The US Senate will not be voting on a bill to impose sanctions on Russia and its oil and gas buyers anytime soon, said Republican Senate majority leader John Thune. “If at some point the preside...

Nearly 80% of foreign investors are interested in Ukraine’s reconstruction.

Nearly 80% of foreign investors are interested in Ukraine’s reconstruction. An EBA survey of member companies shows that 79% of foreign companies with previous interest in Ukraine are drawn to opportunities associated with its rebuilding. Meanwhile, 13% remain undecided, and ...

Ukraine has approved a list of subsoil resources to be auctioned, enabling contributions to the joint investment fund with the US.

Ukraine has approved a list of subsoil resources to be auctioned, enabling contributions to the joint investment fund with the US. The Cabinet of Ministers of Ukraine has approved a list of critical and strategic minerals and identified more than 80 subsoil sites slated for auctions and competitions as part of the Ukrainian-Ameri...

From Lviv to Zaporizhzhia: An overview of retail plans and openings in Ukraine.

From Lviv to Zaporizhzhia: An overview of retail plans and openings in Ukraine. According to the Lviv City Council, a shopping mall with a hotel and apartments is planned to be built in Vynnyky, in the Lviv region. It is expected that the retail space will occupy 3,800 square met...

Corteva Agriscience plans to invest an additional $15M to expand its production capacity in Ukraine once the security situation stabilizes.

Corteva Agriscience plans to invest an additional $15M to expand its production capacity in Ukraine once the security situation stabilizes. The company’s top manager, Andre Negreiros, stated that this investment aims to boost Ukraine’s agricultural sector. “Ukrainian farmers grow products that feed not only Europe, but a...

Epicentr and Norwegian Itera will launch a digital platform for transparent financing of community recovery projects by foreign donors.

Epicentr and Norwegian Itera will launch a digital platform for transparent financing of community recovery projects by foreign donors. The Epicentr Group, together with Norwegian IT company Itera, plans to develop and launch the Blaho for Communities digital platform. The platform is designed to support the recovery of small towns an...

Tuesday, July 15

The EBRD allocates $25M to Dragon Capital’s Fund and Horizon Capital raises funds for a new $300M Catalyst Fund.

The EBRD allocates $25M to Dragon Capital’s Fund and Horizon Capital raises funds for a new $300M Catalyst Fund. The EBRD has approved a $25M investment in the Rebuild Ukraine Fund, created by investment firm Dragon Capital. The fund aims to invest in equity and related investments in small, medium, and mid-cap ...

Ukraine continues to develop its agricultural sector, with its partners planning to allocate tens of millions to support farmers.

Ukraine continues to develop its agricultural sector, with its partners planning to allocate tens of millions to support farmers. At the processing plant of the Factory of Grocery Products in the Kyiv region, it is intended to complete and launch a production line for steamed buckwheat groats. This new line will have a capacity ...

Ukraine’s Ministry of Development has attracted €3.55B from European partners.

Ukraine’s Ministry of Development has attracted €3.55B from European partners. The ministry, following the results of URC2025, signed agreements, memoranda, and joint applications to attract funds totaling €3.55B. In particular: Five agreements were signed for over €370M. Six me...

Ukraine plans to attract over $2B in investment in critical materials production and green technologies within five years.

Ukraine plans to attract over $2B in investment in critical materials production and green technologies within five years. The country has substantial reserves of titanium, graphite, manganese, lithium, uranium, and other vital materials and aims to develop production of components for batteries, solar panels, and defense...

Since Ukraine’s agricultural land market was opened four years ago the cost per hectare in hryvnia has increased by 60%.

Since Ukraine’s agricultural land market was opened four years ago the cost per hectare in hryvnia has increased by 60%. During this period, Ukrainians have invested over ₴30B ($750M) in the purchase of agricultural land. Currently, the average price is ₴60,700 ($1,451) per hectare, which is 60% higher than at the marke...

Monday, July 14

A summary of the results of URC2025 for Ukraine: Deals worth €11B were signed in Rome.

A summary of the results of URC2025 for Ukraine: Deals worth €11B were signed in Rome. During the Conference on the Restoration of Ukraine in Rome, Ukraine signed about 200 agreements and memorandums worth €11B, said Minister of Economy Yulia Svyrydenko. Ukraine also signed an agreement...

The EIB will finance the overhaul and upgrade of Ukraine’s hydropower sector.

The EIB will finance the overhaul and upgrade of Ukraine’s hydropower sector. At URC2025 in Rome, Ukraine signed several strategic hydropower agreements. The main partner is the European Investment Bank (EIB), which is providing a €200M loan. The first installment of €120 milli...

Trump is preparing a surprise sanctions move against Russia.

Trump is preparing a surprise sanctions move against Russia. US President Donald Trump may announce new sanctions on Russia by July 14. According to The Times, he is seriously considering imposing tough secondary sanctions on countries that trade oil with Russi...

Ukraine and the World Bank launch a five-year, $200M reconstruction project preparation program.

Ukraine and the World Bank launch a five-year, $200M reconstruction project preparation program. The Government of Ukraine has signed an agreement with the World Bank to initiate the five-year PREPARE Ukraine program, which will fund the preparation of state and municipal reconstruction projects ...

CEB has allocated €300M to support Ukrainians who have lost their homes due to the war and to assist IDPs.

CEB has allocated €300M to support Ukrainians who have lost their homes due to the war and to assist IDPs. Additionally, the Council of Europe Development Bank (CEB) has provided Ukraine with a €100M loan under the HOME project, which will be used for compensation through housing certificates under the eRe...

Recovery and the country’s development: Why does Ukraine invest in human capital?

Recovery and the country’s development: Why does Ukraine invest in human capital? During the Ukraine Recovery Conference 2025 in Rome, the Olena Zelenska Foundation announced a new project called Youth Spaces 12-21, focused on psychosocial support for young people. It aims to creat...

An Italian packaging manufacturer is investing €12M to build a new plant in the Kyiv region.

An Italian packaging manufacturer is investing €12M to build a new plant in the Kyiv region. Gualapack S.P.A. plans to develop a complex of industrial buildings covering approximately 10,000 square meters in the Bila Tserkva industrial park (Kyiv region). The plant, which previously operated ...

Friday, July 11

URC2025: The EU and its institutions have committed billions in support for Ukraine.

URC2025: The EU and its institutions have committed billions in support for Ukraine. The EU signed agreements worth €2.3B, including guarantees and grants, which will enable Ukraine to attract up to €10B in additional investment, according to EC President Ursula von der Leyen. She als...

Ukraine requires $1T for its reconstruction, Prime Minister Denys Shmyhal states at URC2025.

Ukraine requires $1T for its reconstruction, Prime Minister Denys Shmyhal states at URC2025. Over 14 years, Ukraine aims to develop two major funds. The first, the $540B Ukraine Fund, is based on the World Bank’s estimate of rebuilding costs and will be managed by Ukraine. It will be fi...

This year, Ukraine will allocate 26% of its GDP to defense, with external financing needs exceeding $40B for next year.

This year, Ukraine will allocate 26% of its GDP to defense, with external financing needs exceeding $40B for next year. During the 14th meeting of the Ukrainian Donor Platform’s Steering Committee within URC2025, Prime Minister Denys Shmyhal stated that by the end of June the government had submitted amendments t...

The Ukrainian parliament is drafting a bill on arms exports.

The Ukrainian parliament is drafting a bill on arms exports. According to Kateryna Mykhalko, the executive director of the Technological Forces of Ukraine, the Verkhovna Rada is working on legislation that will create a framework to regulate this process. She b...

Trump is prepared to approve new sanctions against Russia but demands greater authority to lift them.

Trump is prepared to approve new sanctions against Russia but demands greater authority to lift them. US President Donald Trump is ready to sign a sanctions bill targeting Russia. However, he will only do so if the bill is amended to grant him more control. The current bill allows the president to lif...

Kellogg: International partners should help Ukraine in rebuilding with a new Marshall Plan.

Kellogg: International partners should help Ukraine in rebuilding with a new Marshall Plan. During a discussion organized by the Yalta European Strategy (YES) on the eve of URC2025, US Special Envoy Keith Kellogg recalled how, after World War II, the US launched the Marshall Plan for Europe....

EFI Group has secured equipment suppliers for Ukraine’s first float glass plant.

EFI Group has secured equipment suppliers for Ukraine’s first float glass plant. The investor has signed an agreement with European equipment providers for the construction of NovaSklo, Ukraine’s inaugural float glass facility, which is planned to start operations by 2028 with an ...

Thursday, July 10

UZ demonstrates steady passenger transportation recovery despite ongoing unprofitability and plans to pay interest on its Eurobonds.

UZ demonstrates steady passenger transportation recovery despite ongoing unprofitability and plans to pay interest on its Eurobonds. Despite the war, persistent shelling of infrastructure, and risks to staff, UZ has shown consistent growth in passenger numbers. Last year, 65.7 million people traveled by train, one million more than...

Businesses in Ukraine have lost faith in the war’s end in 2025 but remain optimistic about their prospects.

Businesses in Ukraine have lost faith in the war’s end in 2025 but remain optimistic about their prospects. According to an AmCham survey, 70% of surveyed Ukrainian companies do not expect a ceasefire or significant de-escalation of the war in 2025. At the same time, over the next three years 53% of respond...

Housing construction costs in Ukraine have increased by 10-30% during the war, with end consumers comprising the majority of buyers.

Housing construction costs in Ukraine have increased by 10-30% during the war, with end consumers comprising the majority of buyers. Arseniy Nasikovsky, a partner at the DIM group of companies, mentioned during a business summit in Lviv that in Kyiv investor interest in the primary housing market has declined. Before the full-scale...

A Ukrainian titanium company plans to invest nearly $600M in three mining projects.

A Ukrainian titanium company plans to invest nearly $600M in three mining projects. Ukrainian mining firm Velta Holding, which specializes in extracting and processing titanium ores, plans to invest $586M in three projects. The first project, CRM Cluster (Critical Raw Materials Clust...

Estonia threatens to block the new EU sanctions package if it doesn’t include a reduction in the Russian oil price ceiling.

Estonia threatens to block the new EU sanctions package if it doesn’t include a reduction in the Russian oil price ceiling. The country is considering vetoing the 18th EU sanctions package against Russia in order to pressure other member states to lower the maximum price for Russian oil. The Estonian foreign ministry belie...

Wednesday, July 9

The US and the EU are preparing severe sanctions against Russia.

The US and the EU are preparing severe sanctions against Russia. The US Senate will consider a bill that would allow President Donald Trump to impose 500% tariffs on countries that buy Russian goods, Republican Senator Lindsey Graham said. However, Ukrainian Presid...

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