An insurance broker predicts the opening of Ukraine’s skies in early 2025. Flights from the Ukrainian airports, either Boryspil near Kyiv or in Lviv, may resume in January 2025, said a senior partner at insurance broker Marsh McLennan Crispin Ellison at the Kyiv Internationa... #AirFlights #Boryspil #CrispinEllison #LvivAeroport #skyup
The World Bank sees enormous opportunity in Ukraine: Subject to reforms, the private sector can finance approximately 33% of recovery. There are a considerable number of opportunities in Ukraine despite the full-scale war, said Lisa Kaestner, a senior official of the International Finance Corporation of the World Bank Group, at the K... #ifc #LisaKaestner #ReformsinUkraine #UkraineReconstruction #worldbank
In Ukraine, the connection of biomethane producers to gas distribution systems has been simplified to promote exports. The National Commission for Regulation of the Energy Market of Ukraine has simplified the technical requirements for connecting biomethane production facilities to gas distribution systems. A newly ap... #agroUkraine #Biomethane #BiomethaneUkraine #CircularEconomy #energyukraine #UkraineGTS
Ukrainian securities and stock prices growafter Trump’s victory. Fund managers have been buying Ukraine’s dollar bonds in a bet that Donald Trump would win the US election, accelerating an end to the war with Russia. Ukrainian Eurobonds and GDP warrants increased w... #DonaldTrump #Eurobond #MoscowStockExchange #ukrainebonds #UkraineSecurities
Epicentr K is developing its agribusiness by constructing a port terminal. The Epicentr K group is preparing to invest in the development of its port infrastructure, the company’s top manager, Petro Mykhailyshyn, said. “We already have 170,000 hectares of land an... #AgroInvestments #agroUkraine #Epicentr #EpicentrKAgro #PetroMykhailyshyn #PortTerminal
A Ukrainian manufacturer of non-ferrous metal products launches a €19M cable production plant in Poland. One of the largest producers of non-ferrous metal products in Ukraine, Electro Cable Group, launched a cable production plant in the Polish city of Zabrze in June. The key argument in Poland’s f... #ElectroCableGroup #investments #MetallurgyUkraine #NonFerrous #Poland #ukrainianbusiness
A famous Ukrainian chef has invested €500,000 to launch two retail businesses and expects to attract another €1.5M. Chef and restaurateur Yevhen Klopotenko invested €500,000 in creating the 100Years brand and the 100shop online store. By the end of 2025, Klopotenko hopes to bring both businesses to self-sufficiency... #100shop #100Years #FoodProducts #investments #retailUkraine #YevhenKlopotenko
A Chinese investor is buying the largest private amber deposit in Ukraine. The Sun-Craft Center company, which mined the most amber among private subsoil users in Ukraine last year, is being bought by Chinese citizen Ren Yongpeng. His company, Lumos Plus, has become the sole... #AmberMining #ConcordeCapital #IhorMazepa #LumosPlus #MiningIndustry #SunCraftCenter
An international industrial group has invested more than €11M in launching a plant to produce building materials in Prykarpattia. The Saint-Gobain international group’s first plant in Ukraine opened in the Ivano-Frankivsk region. The enterprise will provide employment for about 50 people and produce gypsum mixtures under t... #BuildingMaterials #investments #IvanoFrankivsk #SaintGobain
The co-owner of a Ukrainian supermarket chain enters the real estate development business. 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... #ATBmarket #BGV #RealEstateUkraine #SAGAdevelopment #UkraineDevelopers
In October, the Ministry of Finance raised a record ₴107B from the issuance of government bonds. 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.... #financeUkraine #GovernmentBonds #MilitaryBond #OVDP #OVDPselling #UkraineBond
The lease of 1,200 hectares of state farmland brought ₴35M to Ukraine’s coffers. 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,... #AgrolandPrices #FarmLandAuction #LandMarketUkraine #UkraineLandBank #Vinnytsia
Ukraine’s largest lead production plant and DTEK Skhidenergo are being liquidated. 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-cont... #Bankruptcy #DTEKskhidenergo #Liquidation #SvynetsEnterprise
The parliament names the most profitable building materials production projects for investment. 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, durin... #BuildingMaterials #Construction #investments #OlenaShulyak #UkraineReconstruction
Ukraine’s investment climate shows signs of improvement. 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 intern... #EBA #InvestmentClimate #investments #UkraineBusinessClimate #ukrainianbusiness
The IMF criticizes the 50% tax rate on banks’ profits and advises Ukraine to increase its internal financing sources. 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, un... #imf #TaxesUkraine #TaxIncrease #TrevorLessard #UkraineBanksProfits #UkrainianBanks
Trade between the EU and Russia falls to a 25-year low, though Slovakia is buying more Russian goods. 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... #EUmarket #Germany #RussianEconomy #RussianTrade #Slovakia
A Saudi fund with assets in Ukraine wants to purchase a Russian grain terminal. 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... #GrainTerminal #MHP #OlamGroup #Salic #SaudiArabia #SeaOfAzov
Land prices for individuals have increased by 10% since the commercial land market opened. 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 ... #agroUkraine #FarmLand #FarmLandSale #LandMarketUkraine
A Polish container rail transport operator is expanding its business in Ukraine and searching for a location to construct a terminal. 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 wa... #ContainerTerminal #Laude #PolishBusiness #RailTransportation
Danube ports need 150,000 tons of cargo monthly so as not to lose their developed potential. 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. &#... #Danube #DanubePorts #UkraineExport #UkraineLogistics
In October, Ukraine exported goods worth $3.8B, a record for the year. Last month, Ukraine exported goods worth more than $3.8B, 18.7% more than in September. This is the highest indicator for 2024 so far. Since the beginning of the year, the export of goods has reached ... #agroexportukraine #HoneyExport #UkraineEconomy #UkraineExport #UkraineTrade
Ukraine has developed and plans to produce air defenses and ballistic missiles soon. Kyiv can start making its own ballistic and cruise missiles as early as the middle of 2025, said Director of the state enterprise Spetstechnoexport, Oleksiy Petrov. According to him, flight tests of U... #DefenseIndustryUkraine #SpetsTechnoExport #Thales #UkrainianWeapons #WeaponsProduction
The World Bank will provide almost $600M in financing for Ukrainian businesses, and USAID provides $6M to four companies to increase exports. The World Bank is starting a new $593M program to support small and medium-sized businesses in Ukraine. The financing consists of $283M from the ADVANCE Ukraine trust fund (from Japan), $300M from the... #ADVANCEukraine #DeltaFood #SuziriaGroup #USAID #UtermUkraine #worldbank
Social benefits to Ukrainians cost Germany €539M per month: The employment program has failed. The German Audit Office (BRH) has published a report claiming that the government program for simplified employment of Ukrainians, Job-Turbo, has not yielded beneficial results. The program was expect... #Germany #JobTurbo #UkraineRefugees #UkrainiansAbroad #WorkForRefugees #Zelenskyy
Ukrainian businesses continue to expand despite the war: What new shops and restaurants opened in Ukraine last week? Retailer Varus returned to the development of its network in the Kyiv region, and on November 2 the company opened its first supermarket in the Varus Home format in Bilogorodka. The new store became t... #BusinessDevelopment #FastFoodMarket #KFC #Silpostores #ukrainianbusiness #Varus
Another million Ukrainians are at risk of displacement due to the war, and hundreds of thousands will return from the EU after their social benefits are cut. The Assistant Secretary General of the UN for European Affairs, Miroslav Jenca, said that due to the war, millions of people living in the east or south of Ukraine may be forced to leave their homes. ... #Migration #MiroslavJenča #RefugeesFromUkraine #RepatriationInUkraine #Zelenskyy
Hotel Ukraine has a new owner, while the Bilhorod-Dnistrovskyy port still belongs to the state. The winner of the auction for the privatization of the Hotel Ukraine paid ₴2.5B and ₴502M in VAT, delivering more than ₴3B to Ukraine’s coffers. With that, according to the Ministry of Economy, ... #AuctionUkraine #BilhorodDnistrovskyySeaPort #HotelUkraina #PrivatizationUkraine #SPFU
Croatian Orbico acquires a controlling interest in one of the largest Ukrainian distributors of food and goods. General Director of Sav Orbico, Andrii Makhovskyi, announced that Croatian company Orbico Group bought a controlling stake (51%) in one of the largest Ukrainian distributors of everyday goods, Savserv... #Distribution #investments #MergersAcquisitions #OrbicoGroup #Savservice #ukrainianbusiness
Through a digital investment portal, KSE and the Ministry of Economy seek investors for projects worth €2.1B. Thirty-one new projects representing a total amount of €2.1B have been added to Ukraine’s investment portal, created by the Ministry of Economy and the Kyiv School of Economics with support from... #DigitalInvestmentPortal #investments #UkraineEconomy #ukrainianbusiness
Germany has significantly increased its Ukrainian grain imports since the start of the war. The German federal government confirms the increase in Ukrainian grain imports and, at the same time, denies any negative impact from this on its market. Grain imports have grown since 2022, when the ... #agroexportukraine #Germany #Ukrainiangrain
Russia’s upcoming financial crisis may provide a chance to end the war. The Foundation for Defense of Democracies notes that the Kremlin plans to spend $145B of its total $436B state budget on defense in 2025. This is more than 6.3% of Russia’s GDP, and the country’... #DefenseSpendingRussia #Kremlin #RussiaBudget #RussianEconomy #SanctionsAgainstRussia
What will happen Ukraine’s agricultural land prices? Despite the war, prices for agricultural land in Ukraine continue to grow, according to market experts. Weighted average prices have been gradually increasing by up to 10% since the beginning of the y... #AgroLand #AgrolandPrices #agroUkraine #Farmers #LandMarketUkraine
Bankers do not expect a change in the key policy rate by the end of the year, but there are risks. Ukrainian bankers believe that the Board of the NBU will leave the discount rate at the current level of 13% per annum at a meeting on Thursday. “However, a return to tightening monetary policy ... #financeUkraine #KeyPolicyRate #nbu #OTPbank #PravexBank #RaiffeisenBank #UkrainianBanks
France is unhappy with the increase in Ukrainian sugar imports to the EU. Jordan Guitton, a member of parliament from the right-wing populist National Unity party, is demanding that the French government comment on what he believes is the harmful impact of Ukrainian sugar a... #agroexportukraine #DairyImportUkraine #France #SugarBeets #SugarExport #TradeRestriction
Businesses have named key conditions for participation in Ukraine’s reconstruction projects. Olena Shulyak, the head of the Parliamentary Committee on Regional Development, said that Ukrainian businesses are willing to join the reconstruction and restoration processes in Ukraine. The most com... #OlenaShulyak #ReconstructionUkraine #UkraineRecovery #ukrainianbusiness
Ukraine is looking for investors interested in the Zaporizhzhia Titanium Institute and a Prykarpattya oil refinery. On November 7, the State Property Fund of Ukraine (SPFU) is re-exhibiting an online auction of the state-owned stake, in the amount of 100%, of the Titanium Institute in Zaporizhzhia. The starting pri... #investments #NaftokhimikPrykarpattya #PrivatizationUkraine #SPFU #TitaniumInstitute #Zaporizhzhia
The yield on deposits will continue to decline, but commercial lending conditions have softened for the first time since 2021. Ukrainian banks expect a further reduction in deposit rates for both individuals and businesses. A survey on lending conditions showed that in the third quarter, the largest share of respondents since... #BankDeposits #BankLoans #ConsumerLending #financeUkraine #UkrainianBanks
The EU countries have helped Moscow to finance 1.5 years of war by buying Russian energy sources. Although the EU countries began to reduce their dependence on Russian energy products after the start of the full-scale invasion, they continued to import them. In total, the money Russia earned from ... #DefenseSpendingRussia #EnergySourcesRussia #RussianEconomy #RussiaProfits #WarinUkraine
Ukraine has introduced a new regulation of the export of grain, honey, and nuts to combat the shadow economy. The Cabinet of Ministers introduced an export support regime for operations involved with exporting certain agricultural goods during martial law in Ukraine. This regime will establish minimum export ... #agroexportukraine #agroUkraine #TarasKachka #UkraineBudget #UkraineShadowEconomy
UMAEF launched a $50M investment program for Ukrainian businesses. Ukraine-Moldova American Enterprise Fund (UMAEF) has announced the launch of a new $50M direct investment program to support small and medium-sized enterprises (SMEs) in Ukraine and Moldova. The progr... #investments #Moldova #SupportBusiness #ukrainianbusiness #UMAEF
Turkey expects an increase in bilateral trade volume with Ukraine after the entry into force of the Free Trade Agreement. One expert believes that with the Free Trade Agreement between Turkey and Ukraine going into effect, bilateral trade volume will increase from $6.1B in 2023 to $10B quickly, and logistical movements w... #ASSET_GLI #FreeTrade #investments #Turkey #UkraineTrade
The World Bank predicts a historic oil surplus that will cause prices to fall in 2025. The World Bank predicts that in 2024-2025 global oil supply will exceed demand by an average of 1.2 million barrels per day. This surplus will likely limit the price effects from an even wider conflic... #OilDemand #OilProduction #OPEC #worldbank
Ukraine is working to involve international partners in financing the agricultural land demining market. Potential partners are interested in Ukraine’s pilot project to establish the demining market for agricultural land through Prozorro auctions. And now the task is to involve them in financing th... #AgroLand #AgroLossesUkraine #DeminingUkraine #ProZorro #UMAC2024 #WarinUkraine
German businesses contemplate their options as the suspension of military reservations threatens companies working in Ukraine. The suspension of the reservation of Ukrainian workers, despite the millions of dollars invested by German companies to support Ukraine’s economy during the war, threatens the business community... #AHK #AHKukraine #GermanBusiness #GermanUkraineChamber #investments #MobilizationUkraine #ReinerPerau #UkraineEconomy
The price of real estate on the primary market is rising despite low demand. The key problem of the primary real estate market is the drop in demand: Ukrainians postpone the purchase of housing until victory if there is no extreme need for it. Also, buyers now prefer the secon... #HousingSales #kyiv #PrimaryHousing #RealEstateUkraine #Uzhhorod #Львів
How did Russia’s destruction of energy infrastructure affect the IMF’s forecast for Ukraine’s economy? The IMF’s latest forecast for Ukraine’s economic growth in 2024-2025 was significantly lowered, primarily due to Russia’s destruction of the Ukrainian energy infrastructure and uncertainty... #AlfredKammer #EnergyInfrastructure #imf #KristalinaGeorgieva #UkraineEconomicForecast #UkraineEconomy
Ukraine is strengthening its trade and economic cooperation with Portugal and involving participation in reconstruction projects. Bilateral trade between Ukraine and Portugal increased by $29.2M (+15.1%) for eight months of 2024 compared to last year. Positive dynamics have been observed since 2023, when turnover reached $293.7M... #Portugal #UIF #UkraineInvestmentFramework #UkraineRecovery #YuliyaSvyridenko
October shelling of port infrastructure has caused tens of millions in damages, but Ukrine’s ports have still exceeded last year’s cargo transshipment figure by 29%. As a result of Russian shelling in October, Ukraine’s port infrastructure sustained $30-40M in damages, Deputy Minister of Agrarian Policy Taras Vysotskyi said. As well, the agricultural sector&... #agroexportukraine #DroneAttackOnUkraine #PortInfrastructureUkraine #TarasVysotskyi #UkraineWarDamages #WarinUkraine
Rheinmetall gives updates on the construction of several arms factories in Ukraine. The Rheinmetall defense concern’s first plant is already operating in Ukraine, and the second is close behind it. The company plans to build several more enterprises, Rheinmetall director Armin ... #ArminPapperger #DefenseIndustryUkraine #Marder #Rheinmetall #WeaponsProduction
