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Ukrainian national railway operator Ukrainian Railways (Ukrzaliznytsia) will establish a locomotive unit this year to centralize operations of its existing locomotive depots, Ukrzaliznytsia Chairman Oleksandr Pertsovsky said. "This year, we are launching the full-scale operations of Ukrzaliznytsia's Locomotive Company. Our locomotive depots will be integrated into
UK Prime Minister Keir Starmer said on Sunday that the UK, France, and other allies have agreed to work with Ukraine on a "plan to stop the fighting," which will then be discussed with the US, and "take it forward together." "We are at a
Ukraine and the International Monetary Fund (IMF) have reached a staff-level agreement on the seventh review of Ukraine's $15.5 billion Extended Fund Facility (EFF) program, unlocking $400 million in funding. The funding will be released to Ukraine once the IMF board approves the agreement, which would
Ukraine's Justice Ministry said on Thursday that assets of Russian oil and gas major Tatneft in the country have been seized and transferred to the state following a ruling by the High Anti-Corruption Court. The confiscated assets include a 100% stake in Tatneft-AZS-Ukraine, a 92.
France has been holding discussions with Ukraine since October last year about access to Ukraine's deposits of critical minerals as it looks to diversify its supply, French Defense Minister Sébastien Lecornu told France Info on Thursday. "We are speaking about this issue for our own French needs.
The National Bank of Ukraine (NBU) said on Thursday that Revolut needs a license to operate in Ukraine after the UK-based fintech said earlier this month it had launched services in the country. Ukraine's central bank said that Revoult is providing services to Ukraine's residents
Ukraine's state-owned Oschadbank and the energy trading firm Energy Company of Ukraine (ECU), also state-owned, have established a joint program to make it easier to lend to and implement new energy projects in Ukraine's local communities. The ECU will analyze the economic and technical
The European Bank for Reconstruction and Development (EBRD) estimated that Ukraine's economy would grow by 5% in 2026 if the agreement to end the war with Russia is reached this year. The EBRD also lowered the forecast for Ukraine's 2025 growth, to 3.5% from 4.
Ukrainian President Volodymyr Zelensky stated on Wednesday that the success of the proposed minerals deal with the US depends on his broader discussions with US President Donald Trump and his commitment to supporting Ukraine. "This agreement can have a major success or quietly pass by. And I believe that
A preschool and a hospital have reopened in the western region of Lviv after refurbishments funded by the European Investment Bank (EIB). Lviv's St. Luke's Hospital, a vital emergency and specialized care center, has completed a €940,000 renovation to enhance services for its 50,000
Ukrainian titanium company Velta is in discussions with four US investors about possible joint mining and processing projects in Ukraine, CEO and majority shareholder Andriy Brodskyy told Forbes.ua in an interview. "Americans want to gain direct control or participation in projects, not just be buyers of raw materials,
Irish low-cost carrier Ryanair plans to have 5 million passengers annually in Ukraine in one to two years after the airspace opens, CEO Michael O'Leary told Reuters on Tuesday. "Straight out-of-the-box ... we have two million seats in there within six weeks (of the
