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Pozhmashyna, one of Ukraine's leading manufacturers of fire and specialized equipment, plans to invest $15 million to build a new plant near the western Ukrainian region of Lviv, said local authorities. The company will build the 13,000 square meter (140,000 square foot) factory in the Formatsia
US wants Kyiv to hold elections within the coming months once a ceasefire deal with Moscow is concluded, US President Donald Trump's special envoy for Ukraine and Russia, Keith Kellogg, told Reuters in an interview. Kellogg stressed that presidential and parliamentary elections in Ukraine — which have been suspended
Ukrainian President Volodymyr Zelensky said on Saturday that it would be "very dangerous" to leave his country out of talks between the US and Russia regarding the war in Ukraine, urging more discussions with Washington to formulate a ceasefire plan. Zelensky's comments came a day after
Ryanair is preparing a plan that would allow it to resume flights to Ukraine four to six weeks after the war with Russia ends, CEO Michael O'Leary said, as quoted by The Telegraph. "I would very much hope it's this year. I think one of
Today's Contents Just The Facts: * Canadian miner Black Iron leases 248 hectares of land in Ukraine's Kryvyi Rih to develop iron ore deposit * EU weighs possibility of resuming Russian gas imports after a Ukraine peace deal, sources say * Switzerland to boost private sector role in Ukraine&
Canadian mining company Black Iron said it entered into a multi-year agreement with Ukraine's central city of Kryvyi Rih to lease 248 hectares of land, critical for the development of Shymanivske iron ore deposit. The lease encompasses a significant portion of the planned mining pit and extends
European officials are discussing the possibility of resuming Russian pipeline gas sales to the EU as part of a broader settlement to end the war in Ukraine, unnamed sources told the Financial Times. Proponents argue that reinstating Russian gas imports could help lower Europe's energy prices, motivate Moscow
Today's Contents Reporter's Notepad: IPO frenzy? Chat about IFIs acting as catalysts for Ukrainian IPOs, privatization via IPOs, and the sectors most ready to go public. Just The Facts: * Ukraine defense minister faces corruption probe amid internal dispute over arms procurement * Ukraine's central bank
The National Bank of Ukraine (NBU) is exploring the possibility of launching its own retail digital currency (CBDC), the e-hryvnia, with a pilot project currently in preparation, NBU Deputy Chairman Oleksiy Shaban said. According to Shaban, the e-hryvnia is intended to complement, not replace, cash and bank account
The UK has named MP Alex Sobel, who has served since 2017 as a member of parliament for the Labour Party, as trade envoy to Ukraine, the UK embassy in Kyiv said on Wednesday. "He will focus on identifying trade and investment opportunities for British businesses and promoting the
Ukraine has seized UAH 2.11 billion ($50.3 million) worth of raw materials from Russian aluminum tycoon Oleg Deripaska, two years after blocking their export, the Security Service of Ukraine (SSU) said on Wednesday. The SSU reported that nearly 500,000 metric tons of bauxite and alumina, stored at
Ukrainian Prime Minister Denys Shmyhal said on Tuesday that the shares of local First Investment Bank, previously owned by Russian oligarchs, will be transferred to the national postal service Ukrposhta. "In this way, we are creating a postal bank," Shmyhal said. "Ukrposhta has its branches in all
Ukraine's largest producer and exporter of sunflower oil, Kernel, said it suspended operations at one of its plants this month due to the deficit of feedstock on the market. Kernel has not disclosed which facility has ceased operations.
