ArcelorMittal Kryvyi Rih, Ukraine's largest steel producer, plans to increase capital expenditures by 19% to $155 million this year despite the ongoing war, said the company's acting general director, Olena Bizyaeva.
Bizyaeva announced the increase, from the $130 million capex budget in 2023, during a visit by Ukrainian Economy Minister Yulia Svyrydenko to Kryvyi Rih, the home city of President Volodymyr Zelensky and to the country's biggest steel plant.
Ukraine appointed Naftogaz chief executive Serhii Koretskyi as prime minister this past week in its biggest wartime cabinet reshuffle, testing whether reconstruction reforms that underpin billions of euros in international financing will stay on course. Koretskyi, confirmed as prime minister on 16 July, has sought to reassure international partners that
Spain's Official Credit Institute (ICO), export credit agency Cesce and Raiffeisen Bank Ukraine have launched a €20 million financing facility to support reconstruction projects involving Spanish companies in Ukraine. The financing, which will be channelled through Raiffeisen Bank Ukraine, will target investments in infrastructure, engineering, energy, transport and
Ukraine appointed Naftogaz chief executive Serhii Koretskyi as prime minister this past week in its biggest wartime cabinet reshuffle, testing whether reconstruction reforms that underpin billions of euros in international financing will stay on course. Koretskyi, confirmed as prime minister on 16 July, has sought to reassure international partners that
