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Economy

Wednesday, April 23
The IMF has downgraded its global economic growth forecast but expects a moderate recovery for Ukraine.

The IMF has downgraded its global economic growth forecast but expects a moderate recovery for Ukraine. According to the IMF’s World Economic Outlook (WEO), global economic growth will slow in the coming years. This year, global GDP is projected to grow by only 2.8% and by 3% in 2026. For comparis...

  • #GDPinUkraine
  • #GlobalGDP
  • #imf
  • #IMFforecast
  • #TradeWar
  • #UkraineEconomicForecast
  • #UkraineEconomy
  • #worldeconomy
One of Europe’s largest manufacturers of window and door hardware continues to invest in its Dnipro factory.

One of Europe’s largest manufacturers of window and door hardware continues to invest in its Dnipro factory. AXOR Industry’s total investment in launching, expanding, and developing its factory that produces window and door hardware in Dnipro has reached €40M. According to Minister of Economy Yulia Svy...

  • #AXOR
  • #investments
  • #UkraineEconomy
  • #ukrainianbusiness
  • #YuliyaSvyridenko
The price for one ton of Ukrainian agricultural exports has increased by 40% compared to 2024.

The price for one ton of Ukrainian agricultural exports has increased by 40% compared to 2024. According to the Ministry of Agrarian Policy, the price of a ton of Ukrainian agricultural exports increased from $315 in 2024 to $443 in April 2025. This growth is attributed to a rise in exports of ...

  • #agroexportukraine
  • #agroUkraine
  • #GrainHarvestUkraine
  • #nbu
  • #VitaliyKoval
Tens of millions of euros are necessary to modernize Ukraine’s port infrastructure.

Tens of millions of euros are necessary to modernize Ukraine’s port infrastructure. According to Oleksandr Semyrga, head of the Ukrainian Sea Ports Administration, prior to the onset of the full-scale Russian invasion 13 seaports were operational in Ukraine, but only six are currentl...

  • #ChornomorskSeaPort
  • #investments
  • #ModernizationUkraine
  • #PortInfrastructureUkraine
  • #UkrainianSeaPorts
  • #Ventspils
Tuesday, April 22
Ukraine and the US are nearing the completion of a mineral deal.

Ukraine and the US are nearing the completion of a mineral deal. On April 17, the two parties signed a memorandum affirming their intention to finalize an agreement that will benefit both nations and establish the Investment Fund for the Reconstruction of Ukraine. ...

  • #DFC
  • #investments
  • #InvestmentsinUkraine
  • #MineralAgreement
  • #MineralMininginUkraine
  • #TarasKachka
Ukraine’s defense industry is driving demand for metal products needed in mechanical engineering by 25 to 30%.

Ukraine’s defense industry is driving demand for metal products needed in mechanical engineering by 25 to 30%. Since 2023, the Ukrainian market for metal products used in machine building has shown a gradual recovery, growing by 25 to 30% based on last year’s results. Estimates indicate that in 2024 the Ukrain...

  • #DefenseIndustryUkraine
  • #MachineBuilding
  • #MetallurgyUkraine
  • #MetalProductsMarket
  • #UkraineEconomy
Ukraine’s reconstruction is driving the growth of the metal products market for the construction industry.

Ukraine’s reconstruction is driving the growth of the metal products market for the construction industry. The market for metal structures used in construction in Ukraine grew by 15% in 2024, reaching 91,000 tons. Last year, the construction segment in Ukraine accounted for 24% of total steel consumption, ...

  • #ConstructionUkraine
  • #MetallurgyUkraine
  • #MetalProductsMarket
  • #UkraineEconomy
  • #UkraineReconstruction
Logistics companies operating in Ukraine increased their revenue by 12%.

Logistics companies operating in Ukraine increased their revenue by 12%. In 2024, the top ten companies in the transport and logistics sector generated more than ₴243B ($5.8B) in total revenue, which is 12% higher than in 2023. Eight companies saw their revenue rise, but o...

  • #LogisticUnion
  • #Neo-Trans
  • #novaposhta
  • #UkraineLogistics
  • #UkrainianRailways
  • #Ukrposhta
  • #Ukrtransgaz
  • #Ukrtransnafta
Trump’s trade war: European companies urged to increase purchases of US liquefied natural gas as China boosts its imports from Russia.

Trump’s trade war: European companies urged to increase purchases of US liquefied natural gas as China boosts its imports from Russia. The EU will release a roadmap on May 6 to phase out its purchases of Russian fossil fuels and continue to decrease Russian imports, according to European Council President Antonio Costa. “This c...

  • #AmericanLNG
  • #AntonioCosta
  • #China
  • #DutyTariff
  • #RussianLNG
  • #TradeWar
Business expectations improved in the first quarter of the year, with more than a third of companies ready to invest.

Business expectations improved in the first quarter of the year, with more than a third of companies ready to invest. In the first quarter of 2025, the Business Expectations Index (BEI) for Enterprises rose to 108.2%, up from 101.8% in the fourth quarter of 2024. The NBU noted that hostilities and their consequences ...

  • #investments
  • #nbu
  • #UkraineBusinessActivity
  • #UkraineBusinessExpectation
  • #UkraineEconomy
  • #ukrainianbusiness
Friday, April 18
The Ministry of Economy clarifies the details of the mineral agreement with the US.

The Ministry of Economy clarifies the details of the mineral agreement with the US. This agreement does not outline specific amounts or debts, but it emphasizes establishing a framework for joint investment and mutual benefit, noted Deputy Minister of Economy Taras Kachka. “Cur...

  • #DonaldTrump
  • #investments
  • #InvestmentsinUkraine
  • #MineralAgreement
  • #MIningMineralsUkraine
  • #TarasKachka
The National Bank of Ukraine keeps the discount rate unchanged at 15.5%.

The National Bank of Ukraine keeps the discount rate unchanged at 15.5%. The Board of the NBU has decided to hold the discount rate steady at 15.5% to sustain the foreign exchange market’s stability, control inflation expectations, and gradually reduce inflation to t...

  • #InflationinUkraine
  • #KeyPolicyRate
  • #nbu
  • #UkraineEconomicForecast
  • #UkraineEconomy
  • #UkraineMonetaryPolicy
Ukraine’s gas shortage can only be resolved through market liberalization.

Ukraine’s gas shortage can only be resolved through market liberalization. Ukraine must liberalize its gas market as soon as possible to attract Ukrainian and European traders as well as industrial consumers for imports. Otherwise, a lack of resources and funding may disrupt...

  • #energyukraine
  • #GasstorageUkraine
  • #Naftogaz
  • #UkraineGasimport
In March, Ukraine’s tax revenues surpassed their target by $1B.

In March, Ukraine’s tax revenues surpassed their target by $1B. According to Finance Minister Serhiy Marchenko, this figure was made possible by a better-than-expected electricity supply during the winter, which enabled businesses to operate more consistently and ...

  • #financialaidforUkraine
  • #imf
  • #nbu
  • #SerhiyMarchenko
  • #TaxesUkraine
  • #UkraineBudget2025
Ukrainian electricity prices rank among the highest in Europe.

Ukrainian electricity prices rank among the highest in Europe. In the first half of April, electricity prices in Ukraine have already exceeded those of neighboring countries such as Poland, Romania, Hungary, and Slovakia. They are 34% higher than in Germany and 2...

  • #Electricity
  • #ElectricitypricesUkraine
  • #EnergyTariffs
  • #energyukraine
  • #UkraineElectricityImport
Thursday, April 17
The US has softened its demands for Ukraine to repay the aid it has provided before signing the mineral deal.

The US has softened its demands for Ukraine to repay the aid it has provided before signing the mineral deal. After negotiations in Washington, the Trump administration has revised the aid estimate down from $300B to $100B. However, the US continues to view the agreement as a way to recover costs for military...

  • #CriticalRawMaterial
  • #MineralAgreement
  • #MIningMineralsUkraine
  • #ScottBessent
  • #USmilitaryAid
  • #YuliyaSvyridenko
Analysts compare the size of Ukraine’s shadow economy with those of other countries.

Analysts compare the size of Ukraine’s shadow economy with those of other countries. Prior to the full-scale war in 2021, Ukraine’s shadow economy was estimated to be around 30% of GDP. Last year, the Ministry of Economy reported that potentially 40% of the economy could take pl...

  • #Ernst&Young
  • #ShadowEconomy
  • #UkraineEconomy
  • #UkraineShadowEconomy
  • #worldeconomy
Ukrainian investors are interested in acquiring a Polish meat processing plant with €25M in annual turnover.

Ukrainian investors are interested in acquiring a Polish meat processing plant with €25M in annual turnover. According to Retail & Development Advisor, which is serving as the authorized representative for this asset’s sale, negotiations are underway with several investors. Since the onset of full-...

  • #AgroProduction
  • #ForeignInvestor
  • #investments
  • #MeatProcessingPlant
  • #Poland
Ukraine’s economy is expected to grow by 3%, while inflation is anticipated to slow significantly.

Ukraine’s economy is expected to grow by 3%, while inflation is anticipated to slow significantly. ICU analysts observe that that the Ukrainian economy has shown modest growth since the third quarter of 2024, and predict a low probability of a substantial acceleration in recovery. The need to gradu...

  • #Hryvnia
  • #InflationinUkraine
  • #nbu
  • #UkraineEconomicForecast
  • #UkraineEconomy
The Ukrainian Parliament calls on the EU to extend trade benefits for exports.

The Ukrainian Parliament calls on the EU to extend trade benefits for exports. The Verkhovna Rada adopted an appeal to the European Parliament, the EC, and the Council of the EU, along with the parliaments and governments of EU member states, urging them to extend trade benefits...

  • #EUmarket
  • #EuropeanIntegration
  • #TradeLiberalization
  • #UkraineExport
  • #UkraineTrade
  • #UkrainianParliament
What can drive the development of Ukraine’s construction industry?

What can drive the development of Ukraine’s construction industry? The introduction of project financing based on the European model, where the bank serves as a partner, controller, and guarantor for investors, could be a catalyst for the sector’s growth, accor...

  • #ConstructionUkraine
  • #DigitalizationOfUkraine
  • #IntergalBud
  • #investments
  • #UkraineDevelopers
Which countries are most welcoming to Ukrainian refugees and encourage their stay?

Which countries are most welcoming to Ukrainian refugees and encourage their stay? Many European nations are eager for Ukrainian refugees to remain, according to migration policy expert Andriy Haidutsky. He notes that these are mainly countries that have recognized the importance of...

  • #Germany
  • #Hungary
  • #Poland
  • #RefugeesIntegration
  • #UkraineRefugees
Wednesday, April 16
The EU will soon present its plan to phase out Russian oil and gas imports.

The EU will soon present its plan to phase out Russian oil and gas imports. The EU intends to unveil a detailed strategy in May for the elimination of Russian oil and gas imports by 2027, driven by Russia’s full-scale invasion of Ukraine. However, the European Commission has ...

  • #AnnaKaisaItkonen
  • #EnergyIndependence
  • #EUenergy
  • #LNG
  • #RussianEnergyResources
  • #RussianGas
Budapest expresses concern over sentiment for Ukraine’s full integration into the EU economy prior to its accession to the bloc.

Budapest expresses concern over sentiment for Ukraine’s full integration into the EU economy prior to its accession to the bloc. Hungarian Foreign Minister Péter Szijjártó stated that several participants in the EU Council meeting on foreign affairs advocated for opening all chapters of negotiations regarding Ukraine’s ac...

  • #EUmarket
  • #EuroIntegration
  • #Hungary
  • #PeterMagyar
  • #PeterSzijjártó
The US plans to lower oil prices with Saudi Arabia’s assistance.

The US plans to lower oil prices with Saudi Arabia’s assistance. US Energy Secretary Chris Wright stated: “Under Trump’s presidency, we will likely see lower average energy prices in the next four years compared to the previous four years.” He hig...

  • #OilDemand
  • #Oilmining
  • #OilPrices
  • #OPEC
  • #SaudiArabia
  • #SaudiAramco
The Epicentr hypermarket chain is planning to expand its grocery division.

The Epicentr hypermarket chain is planning to expand its grocery division. Currently, the Food Market chain within the Epicentr group of companies operates 26 retail outlets. “Unfortunately, part of the Food Market network was lost in shopping centers that were destroy...

  • #Epicentr
  • #FoodMarket
  • #FoodRetail
  • #investments
  • #retailUkraine
Last year, a Ukrainian developer put over 500,000 square meters of new retail space into operation.

Last year, a Ukrainian developer put over 500,000 square meters of new retail space into operation. The total volume of construction work completed in Ukraine in 2024 rose by 15.5% compared to the previous year, reaching ₴204.7B, against a 25% increase in 2023. The non-residential construction secto...

  • #CommercialRealEstate
  • #Construction
  • #retailUkraine
  • #ShoppingMallsUkraine
  • #VolynRegion
Tuesday, April 15
Trump will leave Putin unable to fund his war.

Trump will leave Putin unable to fund his war. The decline in oil prices, triggered by US President Donald Trump’s trade war, has started to deplete the Russian military budget, despite the US president’s simultaneous efforts to improve relations ...

  • #DonaldTrump
  • #RussianCentralBank
  • #RussianEconomy
  • #RussianOil
  • #RussiaProfits
  • #SanctionsAgainstRussia
How much will Putin’s military machine gain from restarting Nord Stream 2?

How much will Putin’s military machine gain from restarting Nord Stream 2? Industry experts report that there has been interest shown by both the US and Russia in resuming the Nord Stream 2 gas pipeline’s operations, which would provide Putin’s military machine w...

  • #GasTransit
  • #nordstream2
  • #RussianEconomy
  • #RussianGas
  • #RussiaProfits
Ukraine is boosting its dairy product exports amid a decline in domestic raw material prices.

Ukraine is boosting its dairy product exports amid a decline in domestic raw material prices. In March, Ukraine exported 12,270 tons of dairy products valued at $37.9M. Compared to February, physical export volumes rose by 20%, and compared to March 2024, by 44%. The largest receiving markets ...

  • #agroexportukraine
  • #DairyproductionUkraine
  • #EUmarket
  • #Germany
  • #MilkProduction
  • #Poland
  • #UkrainedairyExport
A Ukrainian investment fund has acquired three more shopping malls in Poland.

A Ukrainian investment fund has acquired three more shopping malls in Poland. The Focus Estate Fund has invested in three shopping centers near Katowice, marking an important step in its expansion into the Polish market. These malls include Sosnowiec Plaza, Ruda Śląska Plaza, a...

  • #FocusEstateFund
  • #investments
  • #Poland
  • #ShoppingCenters
What drove construction growth in Ukraine in 2024?

What drove construction growth in Ukraine in 2024? In 2023-2024, the Ukrainian construction market showed positive dynamics owing to increased economic activity in the central and western regions, as well as the restoration of infrastructure damaged i...

  • #BusinessRelocation
  • #CommercialRealEstate
  • #ConstructionUkraine
  • #RealEstateUkraine
  • #UkraineEconomy
  • #UkraineRecovery
Ukraine has emerged as the world’s leading producer of FPV drones, manufacturing over 2.2 million UAVs annually, with the domestic defense industry capable of producing up to 10 million units.

Ukraine has emerged as the world’s leading producer of FPV drones, manufacturing over 2.2 million UAVs annually, with the domestic defense industry capable of producing up to 10 million units. During the Ukrainian Weapons 2024 briefing, Defense Ministry officials reported on the defense-industrial base’s rapid expansion in order to meet modern warfare’s demands. The CEO of Tenco...

  • #DefenseIndustryUkraine
  • #DroneProduction
  • #FPVdrones
  • #HermanSmetanin
  • #TencoreLLC
  • #UkrainianWeapons
The EC has announced the launch of the second phase of a competition to attract European businesses to Ukrainian recovery projects.

The EC has announced the launch of the second phase of a competition to attract European businesses to Ukrainian recovery projects. At the EU-Ukraine Business Summit, the European Commission revealed the initiation of the second round of the Call for Expressions of Interest under the Ukraine Investment Framework. This competition ...

  • #EuropeanBusiness
  • #investments
  • #InvestmentsinUkraine
  • #UkraineInvestmentFramework
  • #UkraineRecovery
The government has allocated ₴1.3B to complete 23 reconstruction projects.

The government has allocated ₴1.3B to complete 23 reconstruction projects. The Cabinet of Ministers has designated over ₴1.28B from the Fund for the Elimination of the Consequences of Armed Aggression to finish 23 reconstruction projects that broke ground in previous years. ...

  • #Autostrada
  • #infrastructureUkraine
  • #Mykolaiv
  • #UkraineReconstruction
  • #UkraineRecovery
Nearly 50% of Ukrainian retail operates in the shadows.

Nearly 50% of Ukrainian retail operates in the shadows. The extent of shadow activity in Ukrainian retail trade has reached a critical level: According to various estimates, up to 45% of all retail transactions may take place outside of Ukraine’s tax...

  • #retailUkraine
  • #TaxesUkraine
  • #UkraineBudget
  • #UkraineEconomy
  • #UkraineShadowEconomy
Poland leads the EU in the number of employed Ukrainians, but the attitude toward refugees is deteriorating.

Poland leads the EU in the number of employed Ukrainians, but the attitude toward refugees is deteriorating. Poland and Germany lead Europe in employing Ukrainians, according to the Institute of Demography and Social Research. The largest number of Ukrainians is employed in Poland, thanks to less stringent l...

  • #Germany
  • #Poland
  • #RefugeesFromUkraine
  • #UkrainiansAbroad
  • #WorkForRefugees
Ukraine has a severe labor force shortage, prompting employers to seek help from pensioners.

Ukraine has a severe labor force shortage, prompting employers to seek help from pensioners. The personnel shortage is particularly acute in the capital, where there are 75,000 open vacancies, yet only 3,000 registered unemployed individuals, as stated by Yulia Zhovtyak, Director of the State...

  • #EmployeeDeficit
  • #LaborMarketUkraine
  • #PensionersinUkraine
  • #UkraineEconomy
  • #VacanciesUkraine
Monday, April 14
Ukraine and the US have not made any progress in negotiations over a mineral deal, as Trump demands control of Russian gas transit.

Ukraine and the US have not made any progress in negotiations over a mineral deal, as Trump demands control of Russian gas transit. On April 11, US and Ukrainian officials held tense discussions regarding a mineral agreement between the countries. During the meeting, American representatives presented the Ukrainians with an update...

  • #AnthonyBlinken
  • #CriticalRawMaterial
  • #DFC
  • #DonaldTrump
  • #MineralAgreement
  • #UkrainianGasPipeline
Trump has extended the previously imposed US restrictions on Russia while Kyiv prepares new shadow fleet sanctions.

Trump has extended the previously imposed US restrictions on Russia while Kyiv prepares new shadow fleet sanctions. US President Donald Trump signed an executive order extending sanctions against the Russian Federation, which were initially imposed in April 2021 by former US President Biden, due to the Russian gove...

  • #DonaldTrump
  • #SanctionsAgainstRussia
  • #ShadowFleetRussia
  • #ussanctions
  • #Zelenskyy
The Ukrainian defense industry has ramped up cruise missile production by 700%.

The Ukrainian defense industry has ramped up cruise missile production by 700%. According to Herman Smetanin, Ukraine’s minister of strategic industries, last year Ukraine was able to produce only one cruise missile – the Neptune. However, last year the state launched many ...

  • #AlexanderKamyshin
  • #DefenseIndustryUkraine
  • #HermanSmetanin
  • #NeptuneMissiles
  • #UkrainianWeapons
  • #WeaponsProduction
Since the land market opened, only 3% of the total available agricultural land has been bought or sold; agribusinesses are reducing their land holdings.

Since the land market opened, only 3% of the total available agricultural land has been bought or sold; agribusinesses are reducing their land holdings. Since the market opened in July 2021, roughly 3% of Ukraine’s agricultural land has changed hands, averaging about 1% per year. The price of land has risen from ₴34,000 to ₴54,000 per hectare, a...

  • #AgroLand
  • #agroUkraine
  • #FarmLand
  • #LandMarketUkraine
  • #LandSalesUkraine
  • #Svitanok
  • #ZernyatkoPivden
European banks are providing Ukraine with funding to support housing for internally displaced persons and restore critical infrastructure.

European banks are providing Ukraine with funding to support housing for internally displaced persons and restore critical infrastructure. Consequently, Ukraine will receive €50M from the Council of Europe Development Bank (CEB) to finance a preferential mortgage program for families of internally displaced persons (IDPs). “These f...

  • #CEB
  • #EIB
  • #infrastructureUkraine
  • #InternallyDisplacedPeople
  • #MortgagesUkraine
  • #UkraineRecovery
  • #UkraineRestoration
Friday, April 11
Hungary has promised to support sanctions targeting Russia if Putin refuses a truce.

Hungary has promised to support sanctions targeting Russia if Putin refuses a truce. Hungarian Foreign Minister Peter Szijjártó confirmed that Hungary may back Western sanctions against Russia if Donald Trump employs them to penalize Russian leader Vladimir Putin for the Kremlin’...

  • #CeasefirePlan
  • #Hungary
  • #PeaceAgreement
  • #PeterSzijjártó
  • #SanctionsAgainstRussia
  • #WarEnding
The US has come up with a way to combat the Russian shadow fleet while also addressing its national debt through a single solution.

The US has come up with a way to combat the Russian shadow fleet while also addressing its national debt through a single solution. A new bill has been introduced in the US aimed at tackling Russia’s shadow fleet of tankers that that are employed to transport oil, circumventing Western sanctions related to the war in Ukraine...

  • #JoniErnst
  • #OilTankers
  • #RichardBlumenthal
  • #RussianOil
  • #SanctionsAgainstRussia
  • #ShadowFleetRussia
The Mineral Deal: Ukraine will insist on parity between the parties in managing the investment fund.

The Mineral Deal: Ukraine will insist on parity between the parties in managing the investment fund. The technical round of negotiations between Ukraine and the US regarding the mineral agreement will take place on April 11-12 in Washington. Ukraine’s delegation will be led by Deputy Minister o...

  • #HoganLovells
  • #LyudmylaSuhak
  • #MineralAgreement
  • #MIningMineralsUkraine
  • #MykolaKolisnyk
  • #TarasKachka
Ukraine will lose its current preferential trade conditions with the EU in June.

Ukraine will lose its current preferential trade conditions with the EU in June. The European Commission will not initiate an extension of the autonomous trade measures introduced in 2022 to support Ukrainian exports, which expire on June 5, said EU Agriculture Commissioner Christ...

  • #ChristophHansen
  • #DenysShmyhal
  • #DutyFreeTrade
  • #FreeTradeAgreement
  • #TradeAgreement
  • #UkraineExport
A new shopping mall is set to be built in the Lviv region, while JYSK enhances its stores’ efficiency.

A new shopping mall is set to be built in the Lviv region, while JYSK enhances its stores’ efficiency. In the Lviv region, near the entrance to the city of Vynnyky, plans are underway to construct a large shopping mall that will feature a supermarket, various shops, food outlets, a children’s pla...

  • #JYSK
  • #JyskUkraine
  • #Khmelnytskyy
  • #LvivRegion
  • #retailUkraine
  • #ShoppingMallsUkraine
How will US tariffs affect Ukrainian exporters?

How will US tariffs affect Ukrainian exporters? Deputy Minister of Economy Taras Kachka said: “The US is projected to receive $870M in Ukrainian exports in 2024, which is an increase compared to 2023. About 41% of our exports to the US last y...

  • #agroexportukraine
  • #CastIronUkraine
  • #DutyTariff
  • #HoneyExport
  • #SunflowerOil
  • #TarasKachka
  • #UkraineExport
Kovalska will become one of Ukraine’s largest producers of aerated concrete after completing the launch of a new €100M plant.

Kovalska will become one of Ukraine’s largest producers of aerated concrete after completing the launch of a new €100M plant. The Kovalska Industrial and Construction Group is finalizing preparations for the initial phase of a modern autoclaved aerated concrete facility with an annual production capacity of nearly 600,000 cu...

  • #AeratedConcreteBlocks
  • #BuildingMaterials
  • #IndustrialPark
  • #IndustryUkraine
  • #investments
  • #KovalskaGroup
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