Economy

Wednesday, April 9

Two Ukrainian industrial enterprises are selling their production capacities. Where to invest?

Two Ukrainian industrial enterprises are selling their production capacities. Where to invest? On April 11, the State Property Fund will hold an auction for the privatization of the state enterprise Zhytomyr Distillery, with a starting price that exceeds ₴101M. The enterprise is operational and...

European gas prices have fallen to their lowest level in six months; Ukraine is advised to stock up for the upcoming winter.

European gas prices have fallen to their lowest level in six months; Ukraine is advised to stock up for the upcoming winter. At the end of last week, futures prices for natural gas in Europe dropped sharply by over 10% to €35.2 per MWh, according to the ICE exchange. These are the lowest European gas prices in the past six ...

Metallurgy’s contribution to Ukraine’s GDP increased to 7.2% last year.

Metallurgy’s contribution to Ukraine’s GDP increased to 7.2% last year. Industries in Ukraine’s mining and metallurgical complex (MMC) contributed 7.2% to Ukraine’s GDP in 2024, up from 5.7% in 2023. The increase in the MMC’s share resulted from a rise i...

What does the updated trade agreement between Ukraine and EFTA entail?

What does the updated trade agreement between Ukraine and EFTA entail? Ukraine has signed a modernized agreement with the European Free Trade Association (EFTA includes Iceland, Liechtenstein, Norway, and Switzerland), which features updated chapters on trade facilitatio...

Tuesday, April 8

Trump attempts to use the mineral deal with Ukraine as leverage to pressure Russia in negotiations.

Trump attempts to use the mineral deal with Ukraine as leverage to pressure Russia in negotiations. According to US Treasury Secretary Scott Bessent, after signing the deal Trump intended to reach out to Russia with a message supporting Ukraine in the economic sphere, hoping that this would encourag...

Washington has not yet discussed with the EU easing Russian sanctions to facilitate a temporary ceasefire agreement in Ukraine.

Washington has not yet discussed with the EU easing Russian sanctions to facilitate a temporary ceasefire agreement in Ukraine. David O’Sullivan, the EU’s special representative for sanctions, stated that Washington has not yet contacted the EU to address Russia’s request for sanctions relief – one of the cou...

Europe is considering creating another defense fund: Britain, Ukraine, and Norway would be eligible to join the initiative.

Europe is considering creating another defense fund: Britain, Ukraine, and Norway would be eligible to join the initiative. EU finance ministers will discuss the creation of a joint intergovernmental defense fund on April 12, which would provide large-scale defense financing without increasing public debt levels, a growing...

ATB plans to expand its network to 5,000 stores while investing in energy independence.

ATB plans to expand its network to 5,000 stores while investing in energy independence. ATB Corporation, Ukraine’s largest grocery retailer, aims to increase its footprint to 5,000 stores, which is 250% more than its current network of 1,300 stores. In 2025, the corporation intends...

The state approves projects worth ₴4.5B in energy, infrastructure, and housing construction.

The state approves projects worth ₴4.5B in energy, infrastructure, and housing construction. Under the third stage of the Ukraine Recovery Program, a total of 130 projects valued at ₴4.5B have received approval, according to the Ministry of Development and Infrastructure. These projects inclu...

A ceramic tile manufacturer from the Epicentr group plans to increase its share of product exports to 30% after raising production to pre-war levels.

A ceramic tile manufacturer from the Epicentr group plans to increase its share of product exports to 30% after raising production to pre-war levels. Epicentr Ceramic Corporation is working to strengthen its position in the international market. In 2024, this ceramic tile manufacturer managed to boost its exports by over 100%. In 2021, exports acco...

Ukrainian refugees may lose their right to stay in the EU following the ceasefire.

Ukrainian refugees may lose their right to stay in the EU following the ceasefire. Millions of Ukrainian refugees in the EU might lose the right to remain in Europe amid discussions of a truce, as the EU has no clear plan that will allow them to remain in EU countries post-ceasefire...

Monday, April 7

The National Bank of Ukraine has outlined the reasons for rising inflation in the country.

The National Bank of Ukraine has outlined the reasons for rising inflation in the country. In February 2025, both general and core inflation continued to rise in Ukraine. According to the NBU, inflation maintained its upward trend in March. The primary factors driving inflation’s acce...

Why did Ukraine’s economic recovery slow down last year compared to 2023?

Why did Ukraine’s economic recovery slow down last year compared to 2023? Ukraine’s real GDP grew by 2.9% in 2024. Although the economy experienced growth for the second consecutive year amid the full-scale war, the pace of recovery decelerated compared to 2023, when ...

The EU is preparing counter-tariffs targeting the US totaling $28B, and the UK has compiled a list of 8,000 US goods to mirror tariffs.

The EU is preparing counter-tariffs targeting the US totaling $28B, and the UK has compiled a list of 8,000 US goods to mirror tariffs. EU countries will aim to present a united front against Donald Trump’s tariffs in the coming days, likely by approving the initial set of targeted counter-measures on US imports. The 27 EU count...

South Korean LS Group is seeking partners to build a tractor factory in Ukraine.

South Korean LS Group is seeking partners to build a tractor factory in Ukraine. As reported by Minister of Agrarian Policy Vitaly Koval, “The construction of a tractor plant is not only a viable investment but also a strategic move for the development of the Ukrainian agric...

Poland wants to build a port in the Odesa region to export agricultural products to Africa.

Poland wants to build a port in the Odesa region to export agricultural products to Africa. The Polish Minister of Agriculture, Michal Kolodziejczak, proposed leasing coastal land in Odesa for 50 years or purchasing it from Ukraine to create a grain port for Poland. He indicated that this in...

Friday, April 4

Trump has introduced large-scale tariffs; how will Ukraine be affected?

Trump has introduced large-scale tariffs; how will Ukraine be affected? Commenting on the introduction of import tariffs by US President Trump, Ukraine’s Minister of Economy Yulia Svyrydenko, noted: “It is difficult, but not critical. A general tariff of 10% w...

Britain proposes that Europe create a joint arms purchasing fund worth hundreds of billions of euros.

Britain proposes that Europe create a joint arms purchasing fund worth hundreds of billions of euros. Britain has proposed that European countries create a supranational fund for centralized purchases of military equipment, accumulation of weapons stocks, and financing the continent’s rearmament...

Denmark has announced a new Ukrainian military aid package valued at almost €900M.

Denmark has announced a new Ukrainian military aid package valued at almost €900M. This is Denmark’s 25th military aid package for Ukraine, which has allocated DKK 6.7B (€900M) for the period of 2025-2027. DKK 1.4B is set aside for the provision of artillery and ammunition dur...

Czech CSG increased its sales by 614% because of the war in Ukraine.

Czech CSG increased its sales by 614% because of the war in Ukraine. Czechoslovak Group AS (CSG) increased its profit by 200% in 2024, driven by greater supplies to Ukraine and NATO countries. Since the onset of the full-scale Russian invasion of Ukraine, the Czech com...

OPEC+ increases its oil output as Russia sees a drop in hydrocarbon revenue.

OPEC+ increases its oil output as Russia sees a drop in hydrocarbon revenue. The OPEC+ countries – Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman – have decided to raise oil production by 411,000 barrels per day in May. This decision is part of a gr...

Ukraine’s insurance market continues to recover, showing steady growth.

Ukraine’s insurance market continues to recover, showing steady growth. Last year, the Ukrainian insurance market demonstrated an increase in all key indicators: assets, insurance premiums, and payments. Total gross insurance premiums rose by 15%, reaching ₴53.1B, primari...

Microenterprises have the most optimistic expectations about future operations in Ukraine.

Microenterprises have the most optimistic expectations about future operations in Ukraine. According to the Institute of Economic Research, the index of anticipated changes in business activity in February, as in January, is 0.1. The share of those planning to expand their activities is 15....

Trends in the commercial real estate market in Kyiv.

Trends in the commercial real estate market in Kyiv. CBRE Ukraine’s research for the second half of 2024 shows that retail turnover in Ukraine increased by 13% year-on-year. However, consumers continue to face a challenging economic situation, and...

Thursday, April 3

500% tariff: The US Senate proposes new sanctions against Russia in retaliation for the Kremlin’s refusal to sign a peace deal.

500% tariff: The US Senate proposes new sanctions against Russia in retaliation for the Kremlin’s refusal to sign a peace deal. Two US senators, Republican Lindsey Graham and Democrat Richard Blumenthal, have introduced a bill to impose new sanctions on Russia in response to the Kremlin’s refusal to sign a peace deal. &#...

Ukraine will need over $20B and over 10 years to restore land for the agricultural sector.

Ukraine will need over $20B and over 10 years to restore land for the agricultural sector. Restoring agricultural lands after the war will cost Ukraine over $20B, or about 15% of its pre-war GDP, and will take over 10 years, according to the Institute for Economic Research (IER).Ukraine own...

A new waste management system will be introduced in Ukraine, which will also include the establishment of a CHP that uses renewable fuels.

A new waste management system will be introduced in Ukraine, which will also include the establishment of a CHP that uses renewable fuels. Initial cluster waste management concepts have been developed for various regions of Ukraine. One of the first concepts will focus on the Uzhhorod cluster in Transcarpathia. Currently, experts are ana...

The value of Ukraine’s mineral resources could reach $15T.

The value of Ukraine’s mineral resources could reach $15T. According to Ksenia Orinchak, the executive director of the National Association of Mining Industries of Ukraine, this figure is approximate and depends on various factors, including global mineral pr...

In Ukraine, this year’s reconstruction funding deficit stands at $10B.

In Ukraine, this year’s reconstruction funding deficit stands at $10B. According to Prime Minister Denys Shmyhal, in 2025, with donor support, the government allocated nearly $7.4B for priority reconstruction. However, the financing deficit for reconstruction needs this ...

A Ukrainian developer will construct another glass factory in Kalush as part of a €135M investment project.

A Ukrainian developer will construct another glass factory in Kalush as part of a €135M investment project. City One Development will build a glass factory in the city of Kalush, located in the Ivano-Frankivsk region. The facility will produce transparent and architectural glass and be implemented within th...

Wednesday, April 2

Trump threatens Russia with secondary sanctions if Putin does not agree to a ceasefire.

Trump threatens Russia with secondary sanctions if Putin does not agree to a ceasefire. During a meeting with reporters at the White House, US President Donald Trump stated that he does not rule out implementing secondary sanctions on countries that purchase Russian oil if Putin “d...

Ukraine has resumed mineral deal negotiations with the US.

Ukraine has resumed mineral deal negotiations with the US. Donald Trump, speaking to reporters at the White House, stated that Volodymyr Zelenskyy is attempting to renegotiate the rare earth metals agreement. “You know, we’ve done something becaus...

Who controls Ukraine’s mineral deposits?

Who controls Ukraine’s mineral deposits? Analysts report that 3,482 valid special permits for the use of Ukraine’s subsoil are held by 2,268 companies and 78 individuals. A significant portion of these special permits is concentrated a...

Germany has rejected the notion of returning to Russian gas purchases from Russia utilizing Nord Stream.

Germany has rejected the notion of returning to Russian gas purchases from Russia utilizing Nord Stream. The country does not intend to abandon Russian sanctions and, specifically, will not revert to direct Russian gas purchases, stated Christiane Hoffmann, deputy spokesperson for the federal government....

Ukraine will receive funding from the CEB and the EIB to provide housing for Ukrainians and restore infrastructure.

Ukraine will receive funding from the CEB and the EIB to provide housing for Ukrainians and restore infrastructure. The government has approved a loan from the Council of Europe Development Bank under the HOME project for a total of €100M (₴4.8B), Prime Minister Denys Shmyhal announced. “We will utilize these...

For the first time in 11 months, businesses have report positive expectations for their activities.

For the first time in 11 months, businesses have report positive expectations for their activities. In March, the Business Activity Expectations Index (BAEI) surpassed the neutral level for the first time in 11 months, registering at 51.8 compared to 46.9 in February 2025 (and 52 in March 2024). The...

Ukraine has lost about 13% of its housing stock due to the war; restoration efforts are underway.

Ukraine has lost about 13% of its housing stock due to the war; restoration efforts are underway. Following the full-scale invasion of Ukraine by the Russian Federation, approximately 13% of Ukraine’s housing stock was destroyed, as stated by Deputy Minister of Development Natalia Kozlovska....

Ukrainian retailers are reducing costs and increasing efficiency by investing in solar power plants.

Ukrainian retailers are reducing costs and increasing efficiency by investing in solar power plants. Experts highlight that retailers and businesses in related sectors are currently harnessing solar energy to cut expenses and boost energy independence. For instance, two years ago Epicenter began inst...

Tuesday, April 1

The mineral deal between Ukraine and the US should be viewed within the context of negotiations for EU accession.

The mineral deal between Ukraine and the US should be viewed within the context of negotiations for EU accession. European Commission spokeswoman Paula Pinho noted that Brussels maintains constant communication and if Kyiv requests an assessment of an upcoming draft of a mineral agreement, the EC is prepared to a...

Trump accuses Zelenskyy of planning to abandon the mineral agreement and threatens Ukraine with consequences.

Trump accuses Zelenskyy of planning to abandon the mineral agreement and threatens Ukraine with consequences. US President Donald Trump stated that President Zelenskyy intends to abandon the extraction agreement and warned that such a decision would lead to “significant problems.” “He is loo...

The EIB has financed 24 projects in Ukraine totaling €4.3B.

The EIB has financed 24 projects in Ukraine totaling €4.3B. The Ministry of Finance and the European Investment Bank (EIB) recently conducted another review of the loan portfolio for joint projects in Ukraine. The parties discussed preparations for initiating ...

EU countries will only be able to spend around €500B on defense over the next five years, rather than the desired €800B.

EU countries will only be able to spend around €500B on defense over the next five years, rather than the desired €800B. According to Fitch Ratings, the EU is contemplating a significant increase in defense spending as the United States, which ensured Europe’s security post-World War II, has shown reluctance to continue...

The EBRD has assisted the first Ukrainian companies in insuring themselves against war risk.

The EBRD has assisted the first Ukrainian companies in insuring themselves against war risk. Ukrainian companies now have access to a new war risk insurance program launched by the EBRD in collaboration with international insurance firms. This was made possible by the Ukraine Recovery and Rec...

Ukraine will establish a $10.1B ‘rainy day fund’, using ERA money.

Ukraine will establish a $10.1B ‘rainy day fund’, using ERA money. Ukraine plans to allocate the external financing received from G7 countries through the ERA mechanism, funded by frozen Russian assets, into three parts. One portion will be designated for financing t...

BGV Group will develop a graphite deposit in the Kirovohrad region for battery production.

BGV Group will develop a graphite deposit in the Kirovohrad region for battery production. Pobuzhzhia Development, part of BGV Group Management, co-owner of the ATB supermarket chain, has signed a memorandum of intent to cooperate with the UkraineInvest state institution, which attracts and...

Monday, March 31

Trump is upset with Putin and threatens sanctions on Russian oil.

Trump is upset with Putin and threatens sanctions on Russian oil. President Donald Trump said he’s “pissed off” at Russian President Vladimir Putin and would consider “secondary tariffs” on Russian oil if a ceasefire with Ukraine cannot be re...

The US is pursuing expansion of its influence in Ukraine through a new mineral agreement.

The US is pursuing expansion of its influence in Ukraine through a new mineral agreement. The administration of US President Donald Trump is demanding a “right of first refusal” on investments in all infrastructure and natural resource projects under a revised partnership agree...

Ukraine balks at signing a reworked mineral deal with the US and will insist on increasing investment volumes.

Ukraine balks at signing a reworked mineral deal with the US and will insist on increasing investment volumes. Senior Ukrainian officials indicate that the new mineral agreement draft proposed by the US has little chance of being finalized in its current state. They argue that the agreement gives the impressio...

Rebuilding Ukraine: What business opportunities does France offer?

Rebuilding Ukraine: What business opportunities does France offer? Since the start of the full-scale war, France has been actively providing Ukraine with not only military and humanitarian support, but also economic assistance. The French Development Agency (AFD) ope...

The World Bank has approved $432M to restore Ukraine’s transport infrastructure.

The World Bank has approved $432M to restore Ukraine’s transport infrastructure. The World Bank’s Board of Directors has authorized a new $432M support package, Delivering Resilient Infrastructure in Vulnerable Environments in Ukraine (DRIVE), aimed at helping the government enhan...

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