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Economy

Wednesday, June 4
Ukrainian honey exporters are losing their competitive edge in the EU market because of quotas.

Ukrainian honey exporters are losing their competitive edge in the EU market because of quotas. Beehive, one of Ukraine’s largest honey exporters, sold 9,000 tons of product last year but now expects to sell only 5,000 to 6,000 tons this year. Tariffs have made Ukrainian honey too costly f...

  • #AgroExportQuotas
  • #agroexportukraine
  • #Beehive
  • #HoneyExport
  • #HoneyFromUkraine
Tuesday, June 3
France and Germany advocate for heightened sanctions on Russia while the US Senate looks to implement new restrictions ahead of the G7 summit.

France and Germany advocate for heightened sanctions on Russia while the US Senate looks to implement new restrictions ahead of the G7 summit. French President Emmanuel Macron has called on the US to enact sanctions targeting Russia if Moscow remain unwilling to cease hostilities in Ukraine. German Foreign Minister Johann Wadephul has also p...

  • #EmmanuelMacron
  • #LindseyGraham
  • #RichardBlumenthal
  • #RussianAssetsConfiscation
  • #SanctionsAgainstRussia
BGV Group is set to concentrate on utilities and energy, allocating $147M for investment.

BGV Group is set to concentrate on utilities and energy, allocating $147M for investment. BGV Group Management has authorized five energy projects. Additionally, the company is gearing up to launch an energy service company, which will allow it to tap into the promising market for enhancin...

  • #Aeroc
  • #BGV
  • #EnergyInvestments
  • #investments
  • #RealEstateInvesting
  • #UtilityServices
Agricultural enterprises ranked as the most unprofitable sector in Ukraine during the first quarter.

Agricultural enterprises ranked as the most unprofitable sector in Ukraine during the first quarter. In Q1 2025, large and medium-sized businesses reported a total financial outcome of ₴241.2B, ₴12.4B or 4.9% lower than the previous year’s figure of ₴253.6B for the same period. Approximately 38...

  • #agroUkraine
  • #DanyloHetmantsev
  • #UkraineCompaniesProfit
  • #UkraineEconomy
  • #UkrainianEnterprises
  • #UnprofitableEnterprises
A Ukrainian mineral water manufacturer has begun construction of a new plant in the Lviv region.

A Ukrainian mineral water manufacturer has begun construction of a new plant in the Lviv region. Mineral water producer Karpatska Dzherelna, a subsidiary of Karpatski Mineralni Vody, has begun construction on a new facility near the village of Khmeleva. The enterprise’s area will cover appr...

  • #CarpathianMineralwaters
  • #investments
  • #LvivRegion
  • #MineralWaters
  • #UkraineEconomy
  • #ukrainianbusiness
Businesses have reported positive assessments of their activities across all sectors.

Businesses have reported positive assessments of their activities across all sectors. According to the NBU, in May businesses delivered positive evaluations of their own economic performance. For the first time since May 2024, enterprises from all sectors anticipated growth. In May 202...

  • #BusinessExpectation
  • #nbu
  • #UkraineBusinessActivity
  • #UkraineEconomy
  • #ukrainianbusiness
Monday, June 2
Britain and France prepare to provide long-term defense for Ukraine without US support, rather than sending peacekeepers.

Britain and France prepare to provide long-term defense for Ukraine without US support, rather than sending peacekeepers. British and French officials working on plans to deploy peacekeepers in Ukraine have discussed the necessity of providing long-term defense for Ukraine without US involvement. In particular, the offic...

  • #CoalitionOfWilling
  • #France
  • #GreatBritain
  • #NATO
  • #PeacekeepingMission
  • #SupportUkraine
  • #WarinUkraine
The Ukrainian shadow economy is valued at $21.7B annually and combating it could contribute an additional $4B to the budget in 2025.

The Ukrainian shadow economy is valued at $21.7B annually and combating it could contribute an additional $4B to the budget in 2025. Danylo Hetmantsev, head of the Verkhovna Rada Finance Committee, revealed that the shadow sector is estimated at ₴800-900B ($21.7B). About 30-50% of the economy exists in the shadows, with some sector...

  • #DanyloHetmantsev
  • #GDPinUkraine
  • #SerhiyMarchenko
  • #ShadowEconomy
  • #UkraineEconomicForecast
  • #UkraineEconomy
Moody’s has maintained Ukraine’s pre-default rating.

Moody’s has maintained Ukraine’s pre-default rating. On May 30, Moody’s Rating Agency affirmed the long-term issuer ratings of the Ukrainian government in foreign and national currencies at Ca – one of the lowest credit ratings on Moody’s sc...

  • #DefaultUkraine
  • #GDPinUkraine
  • #Moodys
  • #UkraineEconomicForecast
  • #UkraineEconomy
  • #WarEnding
Over 200 Finnish companies are preparing to enter the Ukrainian market.

Over 200 Finnish companies are preparing to enter the Ukrainian market. More than 200 small and medium Finnish firms are looking to establish a presence in Ukraine, while larger companies are planning to broaden their operations. The most promising sectors for Finnish inv...

  • #Finland
  • #FinnishBusiness
  • #Hesburger
  • #investments
  • #KONE
  • #Nokia
  • #Sweco
Philip Morris is preparing to resume cigarette exports from Ukraine.

Philip Morris is preparing to resume cigarette exports from Ukraine. Philip Morris Ukraine is considering whether to start the export of cigarettes manufactured at a newly built factory in the Lviv region, said the company’s CEO Maksym Barabash during a roundtabl...

  • #CigarettesProduction
  • #Kharkiv
  • #PhilipMorris
  • #PhilipMorrisUkraine
  • #UkraineExport
  • #Львів
OPEC+ will once again increase oil production, allowing Western firms to increase shipments of Russian crude.

OPEC+ will once again increase oil production, allowing Western firms to increase shipments of Russian crude. Earlier this year, the Western energy sector began to consider how it might carefully return to Russia if peace is reached in Ukraine. Due to falling oil prices, Greek vessels transported 26% of Russi...

  • #Greece
  • #OilProduction
  • #OPEC
  • #RussianOil
  • #RussianOilPriceLimit
  • #SanctionsAgainstRussia
The Ukrainian government will support two additional projects with significant investments.

The Ukrainian government will support two additional projects with significant investments. The Cabinet of Ministers has approved the conclusion of two more special investment agreements with the Slavsky and Rozhanka Park companies, which will develop a new €140M ski resort in the Lviv regio...

  • #Astarta
  • #GOROMountainResort
  • #investments
  • #okko
  • #Буковель
Almost 8% of EU organic imports come from Ukraine, which is establishing itself as a leader in this market.

Almost 8% of EU organic imports come from Ukraine, which is establishing itself as a leader in this market. In 2024, Ukraine became one of the top three exporters of organic products to the bloc among European countries and has remained among the top five largest exporters to the EU for seven years. In 2024...

  • #agroexportukraine
  • #China
  • #EUmarket
  • #OrganicFoodExport
  • #UkraineExport
  • #Ukrainiangrain
Ukrainian gunsmiths are fostering cooperation with their British and Canadian counterparts.

Ukrainian gunsmiths are fostering cooperation with their British and Canadian counterparts. The Ukrainian Gunsmiths Council has signed a memorandum of strategic cooperation with the British ADS Group, which comprises over 1,500 companies in the aerospace and defense sector. The agreement inc...

  • #ADS Group
  • #AndriiSybiha
  • #Canada
  • #DefenseIndustryUkraine
  • #DefenseInvestments
  • #GreatBritain
  • #WeaponsProduction
Friday, May 30
The development of processing and broadened opportunities for Ukrainian exporters: What does Ukraine’s new export strategy until 2030 entail?

The development of processing and broadened opportunities for Ukrainian exporters: What does Ukraine’s new export strategy until 2030 entail? According to Taras Kachka, the deputy trade representative of Ukraine, the export strategy that is currently being formulated by the Ministry of Economy prioritizes the Made in Ukraine initiative, sti...

  • #MadeInUkraine
  • #TarasKachka
  • #UkraineDevelopment
  • #UkraineEconomy
  • #UkraineRecovery
  • #ukrainianbusiness
Ukraine’s economy will continue to slow down.

Ukraine’s economy will continue to slow down. The growth of Ukraine’s economy slowed in the first quarter of the year and the main reason for that is the war, said Danylo Hetmantsev, chairman of the parliamentary finance committee. He recal...

  • #DanyloHetmantsev
  • #GDPinUkraine
  • #nbu
  • #UkraineEconomicForecast
  • #UkraineEconomy
Exports from Ukraine do not significantly impact the total imports of key partner countries.

Exports from Ukraine do not significantly impact the total imports of key partner countries. Veronika Movchan, an expert at the Institute of Economic Research, said during a presentation of a study on importers of Ukrainian products that goods from Ukraine do not play a crucial role in the to...

  • #agroexportukraine
  • #UkraineEconomy
  • #UkraineExport
  • #UkraineForeignTrade
  • #UkrainianMetalExport
A Ukrainian bread exporter has entered the agricultural market to complete its entire production cycle.

A Ukrainian bread exporter has entered the agricultural market to complete its entire production cycle. Alviva Group has strategically expanded its operations by entering Ukraine’s agricultural market. This move will enable the group to establish complete control over the entire production cycle –...

  • #agroUkraine
  • #AlvivaGroup
  • #Bread
  • #BusinessDevelopment
  • #UkraineEconomy
  • #ukrainianbusiness
Warehouses continue to be in high demand in the Ukrainian commercial real estate market, leading to rising rents.

Warehouses continue to be in high demand in the Ukrainian commercial real estate market, leading to rising rents. According to Ukrainian developers, there is a critical shortage of warehouse space, particularly in the most active areas – the Kyiv and Lviv regions. The warehouse vacancy rate in the Kyiv region has...

  • #CommercialRealEstate
  • #kyiv
  • #UkraineEconomy
  • #UkraineLogistics
  • #WarehouseMarket
  • #Львів
Despite the ongoing war, in Kyiv and western Ukraine demand for commercial real estate is rising.

Despite the ongoing war, in Kyiv and western Ukraine demand for commercial real estate is rising. Yaroslav Burykh, a member of the Association of Real Estate Specialists of Ukraine, stated that, despite the full-scale conflict, demand for commercial real estate in Ukraine is increasing, with the h...

  • #CommercialRealEstate
  • #officeRealEstate
  • #ShoppingMallsUkraine
  • #UkraineEconomy
  • #Warehouse
Thursday, May 29
Ukraine needs $30B to launch its defense production at full capacity,

Ukraine needs $30B to launch its defense production at full capacity, President Volodymyr Zelenskyy explained, mentioning that the state will soon be ready to license air defense systems. “This amount is needed to deploy production, in particular the missile progr...

  • #DefenseIndustryUkraine
  • #UkrainianWeapons
  • #WeaponsProduction
  • #Zelenskyy
Mykolaiv is developing a recovery strategy based on blue economy principles.

Mykolaiv is developing a recovery strategy based on blue economy principles. The southern Ukrainian city Mykolaiv is the first among Ukrainian cities to align economic development with the European approach to the blue economy – the sustainable use of water and marine resource...

  • #BlueEconomy
  • #Denmark
  • #DREAM
  • #investments
  • #Mykolaiv
  • #OleksandrSienkevych
  • #UkraineRecovery
  • #UNDP
Why is Ukraine’s public debt growing?

Why is Ukraine’s public debt growing? According to the Ukrainian Parliament’s Finance Committee, in April 2025 public and state-guaranteed debt increased by 5%, reaching $180B; from January to April, public debt grew by 8.4%. Almost...

  • #Hryvnia
  • #UkraineBond
  • #ukrainedebt
  • #UkraineEconomy
  • #UkraineFacility
  • #UkraineStateDebt
New markets are opening for Ukrainian agricultural products: Where do they plan to export?

New markets are opening for Ukrainian agricultural products: Where do they plan to export? According to industry experts, the UK, in light of an unsuccessful season in Spain, a key supplier of blueberries, is shifting its supply structure for this berry towards Eastern European countries, i...

  • #agroexportukraine
  • #agroUkraine
  • #BerriesUkraine
  • #Blueberries
  • #BlueberriesExport
  • #SugarExport
Ukraine will review existing mining licenses after signing a subsoil deal with the US.

Ukraine will review existing mining licenses after signing a subsoil deal with the US. The country is reforming its mineral sector, which has endured three years of war, with the hope of unlocking its vast potential and attracting billions of dollars in investment through its partnershi...

  • #CriticalRawMaterial
  • #investments
  • #MIningMineralsUkraine
  • #MiningUkraine
  • #UkraineEconomy
How can the Ukrainian economy reduce its personnel shortage without attracting migrants?

How can the Ukrainian economy reduce its personnel shortage without attracting migrants? The Ukrainian economy urgently requires an additional 4.5 million workers. Currently, out of 31 million Ukrainians living in the country, 13.3 million are employed, and around one million are unemploy...

  • #JobInUkraine
  • #UkraineEconomy
  • #UkraineLaborMarket
  • #UkraineMigrants
  • #UkraineRefugees
  • #UnemploymentUkraine
Wednesday, May 28
Trump might impose new sanctions on Russia this week amid frustration with Putin.

Trump might impose new sanctions on Russia this week amid frustration with Putin. US President Donald Trump is considering these sanctions due to his frustration with Putin’s continued aggressive actions toward Ukraine and the slow progress in peace talks. The restrictions ar...

  • #DavidO'Sullivan
  • #DonaldTrump
  • #G7
  • #PeaceTalks
  • #Putin
  • #SanctionsAgainstRussia
Gas prices in Ukraine have risen to a record high, surpassing European prices. Kyiv is preparing for imports through a new route via Greece.

Gas prices in Ukraine have risen to a record high, surpassing European prices. Kyiv is preparing for imports through a new route via Greece. On May 26, natural gas prices in the Ukrainian market reached ₴23,000 per 1,000 cubic meters (including VAT). The cost of gas has climbed to the highest level in over two years and exceeded European m...

  • #energyukraine
  • #gasprices
  • #Greece
  • #TransBalkanCorridorUkraine
  • #UkraineGasImports
Ukraine will receive an additional $300M under the RISE program to support business initiatives.

Ukraine will receive an additional $300M under the RISE program to support business initiatives. The Ministry of Economy and the World Bank discussed the implementation of the RISE program. Under this initiative, Ukraine signed agreements with the World Bank last year totaling $593M and has alrea...

  • #BusinessSupport
  • #OleksiySobolev
  • #RISE
  • #UkraineEconomy
  • #UkraineRecovery
  • #ukrainianbusiness
  • #worldbank
The EU has proposed lowering the Russian oil price cap by another $15, but the US is blocking the initiative.

The EU has proposed lowering the Russian oil price cap by another $15, but the US is blocking the initiative. The European Commission and leading EU countries support lowering the price ceiling for Russian oil from $60 to $45 per barrel as part of a new sanctions package against Russia. Sources familiar with ...

  • #G7
  • #RussianOil
  • #RussianOilPriceLimit
  • #SanctionsAgainstRussia
  • #ScottBessent
The EU will spend more to purchase Russian raw materials and energy resources than on military aid to Ukraine.

The EU will spend more to purchase Russian raw materials and energy resources than on military aid to Ukraine. Despite the current 17 EU sanctions packages, in 2025 Russia is projected to receive about $233B from the export of raw materials and energy resources and more than $20B from EU countries alone. ̶...

  • #circumventionOfSanctions
  • #Lithuania
  • #RussianAmmonia
  • #RussianEconomy
  • #RussianEnergyResources
  • #RussianLNG
  • #RussianTrade
  • #RussianUranium
Ukraine is in the process of creating a new employment strategy.

Ukraine is in the process of creating a new employment strategy. The Ministry of Economy has outlined the key components of this new employment strategy. Many citizens are struggling to find employment, particularly veterans, individuals with disabilities, women, o...

  • #JobInUkraine
  • #LaborMarketUkraine
  • #UkraineEconomy
  • #UnemploymentRate
  • #VacanciesUkraine
Tuesday, May 27
Russia is producing missiles faster than Western manufacturers can produce interceptors.

Russia is producing missiles faster than Western manufacturers can produce interceptors. The Russian military has not depleted its missile stocks even in the fourth year of the war with Ukraine. The Kremlin currently possesses about 500 missiles and has no plans to halt production. Meanwh...

  • #AttackOnRussia
  • #DefenseIndustryRussia
  • #Kremlin
  • #Putin
  • #Russianweapons
  • #WarinUkraine
  • #WeaponsProduction
Romanian businesses aim to establish joint ventures in Ukraine: Which sectors are prioritized?

Romanian businesses aim to establish joint ventures in Ukraine: Which sectors are prioritized? Nasty Vladoiu, president of the Romania-Ukraine Bilateral Chamber of Commerce (CCBRU), highlighted that the primary sectors attracting Romanian companies towards the Ukrainian market, in anticipation ...

  • #Romania
  • #SupportUkraine
  • #UkraineEconomy
  • #UkraineRecovery
  • #ukrainianbusiness
Poland is establishing one of the largest logistics hubs in the EU to transport goods for Ukraine’s reconstruction.

Poland is establishing one of the largest logistics hubs in the EU to transport goods for Ukraine’s reconstruction. The country plans to modernize the Sławków logistics hub in the southwest to significantly increase its capacity for handling goods destined for Ukraine. Polish Prime Minister Donald Tusk noted: ̶...

  • #DonaldTusk
  • #LogisticsHub
  • #Poland
  • #SławkówLogisticsHub
  • #UkraineReconstruction
  • #UkraineRecovery
Ukrainian Eurobonds have been among the worst performers in emerging market securities, as investors’ hopes for a ceasefire have not materialized.

Ukrainian Eurobonds have been among the worst performers in emerging market securities, as investors’ hopes for a ceasefire have not materialized. Those investing in Ukrainian dollar-denominated Eurobonds have lost more than 10% since the start of 2025, marking the worst performance among emerging markets, as the prospects for US President Trump...

  • #DonaldTrump
  • #Eurobond
  • #financeUkraine
  • #UkraineBond
  • #ukrainedebt
  • #UkraineSecurities
The EU is set to review extending protection for Ukrainian refugees.

The EU is set to review extending protection for Ukrainian refugees. Brussels is considering how to proceed with the legal framework that is providing these refugees protection. Euractiv recalls that when the EU introduced the Temporary Protection Directive in March 20...

  • #Euractiv
  • #RefugeesFromUkraine
  • #UkraineRefugees
  • #UkrainiansAbroad
Monday, May 26
Fitch has maintained Ukraine’s rating at Restricted Default but expects macroeconomic indicators to deteriorate.

Fitch has maintained Ukraine’s rating at Restricted Default but expects macroeconomic indicators to deteriorate. Fitch has affirmed Ukraine’s rating at Restricted Default for the second consecutive time in response to its foreign currency debts. The national currency rating stands at CCC+, indicating a ver...

  • #DefaultUkraine
  • #FitchRatings
  • #GDPinUkraine
  • #InflationinUkraine
  • #UkraineEconomicForecast
  • #UkraineEconomy
The US and Ukraine have officially established the American-Ukrainian Investment Fund for Reconstruction.

The US and Ukraine have officially established the American-Ukrainian Investment Fund for Reconstruction. Officially inaugurated on May 23, the fund’s launch followed a series of note exchanges between the two governments, culminating in the signing of two commercial partnership agreements. Economy ...

  • #CriticalRawMaterial
  • #InvestmentsinUkraine
  • #MineralAgreement
  • #MIningMineralsUkraine
  • #YuliyaSvyridenko
Ukraine and its partners are establishing a fund to attract investment in strategic sectors.

Ukraine and its partners are establishing a fund to attract investment in strategic sectors. According to Deputy Minister of Economy Oleksiy Sobolev, Ukraine and its international partners are working to launch a new fund to support investment in key sectors such as infrastructure, energy, in...

  • #ForeignInvestor
  • #InvestmentsinUkraine
  • #OleksiySobolev
  • #UIF
  • #UkraineEconomy
  • #UkraineRecovery
Europe plans to purchase US weapons for Ukraine.

Europe plans to purchase US weapons for Ukraine. European leaders are urgently seeking ways to maintain their support for Ukraine amid US President Trump’s increasingly apparent withdrawal of support for Kyiv. The US is not approving new milit...

  • #DefenseIndustryEU
  • #PatriotSystems
  • #SerhiyMarchenko
  • #SupportUkraine
  • #USweapons
  • #WarinUkraine
Ukrainian drone manufacturer Skyeton is partnering with Danish company Quadsat to enhance UAV capabilities.

Ukrainian drone manufacturer Skyeton is partnering with Danish company Quadsat to enhance UAV capabilities. Ukrainian UAV manufacturer Skyeton has announced a strategic partnership with Danish company Quadsat, which specializes in radio frequency research. The companies are collaborating to develop electrom...

  • #DeepStrikeTech
  • #DefenseIndustryUkraine
  • #DroneProduction
  • #Quadsat
  • #Skyeton
  • #Sweden
The EC has approved transitional trade arrangements with Ukraine following the end of visa-free trade.

The EC has approved transitional trade arrangements with Ukraine following the end of visa-free trade. The European Commission has adopted a list of transitional measures for Ukrainian exports to the EU, which will take effect after June 5 when autonomous trade preferences for Ukraine will no longer be...

  • #AgroExportQuotas
  • #agroexportukraine
  • #BalazsUjvari
  • #FreeTradeAgreement
  • #TradeAgreement
  • #UkraineExport
The EU plans to impose sanctions on Nord Stream and lower the Russian oil price cap.

The EU plans to impose sanctions on Nord Stream and lower the Russian oil price cap. The European Commission is already preparing its 18th package of sanctions against Russia, which will disconnect about 20 banks from the SWIFT payment system and impose trade bans exceeding €2.5B in v...

  • #G7
  • #NordStream
  • #RussianOil
  • #RussianOilPriceLimit
  • #SanctionsAgainstRussia
  • #ShadowFleetRussia
This fall, a new railcar factory capable of producing 1,200 freight cars annually will open in Volyn, with exports aimed at the EU market.

This fall, a new railcar factory capable of producing 1,200 freight cars annually will open in Volyn, with exports aimed at the EU market. TAS Group is building the new production facility in Kovel, Volyn Oblast, with investment costs in construction, excluding equipment, totaling approximately UAH 200M ($4.8M). This new plant is part of...

  • #Dniprovagonmash
  • #FreightCars
  • #investments
  • #Kovel
  • #RailCars
  • #TAS
  • #UkraineEconomy
  • #VolynRegion
Friday, May 23
The US Senate threatens Russia with “tough” sanctions for delaying the peace process, bypassing Trump.

The US Senate threatens Russia with “tough” sanctions for delaying the peace process, bypassing Trump. Republican Senator Lindsey Graham stated that support for a bill imposing “tough sanctions” against Russia has grown in the US Congress to 81 senators out of the 100 total. To override a p...

  • #China
  • #LindseyGraham
  • #RichardBlumenthal
  • #SanctionsAgainstRussia
  • #SecondarySanctions
Britain asks the G7 to cut the price cap on Russian oil.

Britain asks the G7 to cut the price cap on Russian oil. The UK has urged its G7 allies to lower the price ceiling for Russian oil to further pressure Vladimir Putin to end the war in Ukraine. This issue was a priority for discussion at the G7 finance minis...

  • #G7
  • #KajaKallas
  • #OPEC
  • #RussianEconomy
  • #RussianOilPriceLimit
  • #SanctionsAgainstRussia
The G7 finance ministers have agreed to continue supporting Ukraine in its fight against Russia,

The G7 finance ministers have agreed to continue supporting Ukraine in its fight against Russia, stated German Finance Minister Lars Klingbeil on the sidelines of the G7 meeting in Canada. It was previously reported that the US opposes including “further support” for Ukraine in the G7...

  • #Canada
  • #FrançoisPhilippeChampagne
  • #G7
  • #Germany
  • #LarsKlingbeil
  • #SerhiyMarchenko
  • #SupportUkraine
The EU will make its first contribution to a dedicated defense fund and help to develop the defense industry together with Ukraine.

The EU will make its first contribution to a dedicated defense fund and help to develop the defense industry together with Ukraine. The EU will invest the first €40M into a dedicated European defense fund, seeking to strengthen its military capabilities. The European Investment Fund (EIF), which provides financing to small and med...

  • #DefenseIndustryUkraine
  • #DefenseInvestments
  • #DefensePurchases
  • #EIF
  • #EuropeanDefenseFund
  • #SAFE
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