Years of experience in business reporting and policy research. Worked in project monitoring and implementation in private, government and NGO sectors. Graduated in International Relations.
European buyers of artillery shells made in India have been transferring the ammunition to Ukraine with no intervention from New Delhi despite protests from Russia, Reuters reported on Thursday, citing unnamed Indian and European government and defense industry officials, as well as its analysis of commercially available customs data. According
Ukraine will become a vital part of the Trans-Caspian International Transport Route, also known as the Middle Corridor, after a ferry service between Ukraine and Georgia is restored, Ukrainian Ambassador to Azerbaijan Yuriy Husyev said. "We expect the ferry service between Ukraine and Georgia to be restored soon,"
The Saudi Agricultural and Livestock Investment Company (SALIC), a subsidiary of Saudi Arabia's Public Investment Fund, acquired a 12.6% stake in Ukrainian agricultural producer MHP. SALIC bought 13,514,563 of MHP's global depository receipts on the market, MHP said in a bourse filing on
The Ukrainian State Property Fund (SPFU) auctioned off the iconic Hotel Ukraine in central Kyiv for UAH 2.5 billion ($60.2 million) to local firm Ola Fine. The starting price for the hotel complex, which spans an area of 22,500 square meters, was UAH 1.05 billion, the
The Rebuild Green Hackathon 2024, set to kick off this Saturday, aims to promote sustainability in the reconstruction of Ukraine by giving participants a chance to develop green projects that focus on biomaterials and eco-friendly technologies. Behind the project is the Rebuild Ukrainian Cities Green Initiative, launched by Lithuania-based straw
The Czech Republic will help Ukraine rebuild the country's industrial Dnipropetrovsk region, which has been heavily hit by the war with Russia, the Ukrainian Restoration Ministry said in a press release on Tuesday. Prague's help in rebuilding the central Ukrainian region will include energy generation, water
Kyiv-based investment manager MITS Capital plans to raise $50 million for its flagship venture capital vehicle which will invest primarily in seed and Series A rounds for Ukrainian defense startups, co-founder Perry Boyle told PitchBook. The first close on the MITS Lightning Fund is planned for later this month, Boyle
Ukrainian canned fish producer Interribflot, known for its Aquamarine brand, plans to raise its production capacity and enter other European markets despite the wartime challenges, co-founder Hryhoriy Lutsai and co-owner Andriy Chuklin said in an interview with UNIAN, published Tuesday. "We see a growing demand for our products both
Germany will provide an additional €100 million in aid to Ukraine this winter, Reuters reported, citing German Foreign Minister Annalena Baerbock. Russia is once again planning a "winter war with the aim of making the lives of people in Ukraine as terrible as possible," Baerbock said during a
The EU plans to allocate up to €40 billion in new loans to Ukraine by the end of 2024, regardless of US participation, after a G7 plan to use frozen Russian assets to help Kyiv lost momentum, the Financial Times reported, citing unnamed sources familiar with the matter. In June,
Russian President Vladimir Putin has signed a decree to increase the size of Russia's armed forces by 180,000 soldiers, raising the total troop strength to 1.5 million. Putin ordered an increase in the total personnel, including civilian staff, of the Russian army to 2.38 million
Polish Foreign Minister Radosław Sikorski said his country will soon start contributing to the Czech-led initiative for buying shells for Ukraine outside the European Union. Warsaw plans to spend €50 million euros on the initiative in 2024 and another €50 million in 2025, Sikorski said in an interview with European
The Ukrainian agricultural holding Prometey will close three of its 28 grain silos and reduce its headcount due to financial difficulties caused by the war and adverse weather, the company said in a statement on Monday. "In the third year, the war also got to the Prometey group of
Ukraine's defense manufacturer Ukrainian Armor will build a new ammunition factory in the country, aiming to boost its production of artillery shells, CEO Vladyslav Belbas said in an interview with Militarnyi, published on Monday. Belbas said the move will significantly increase output, but declined to disclose what types
Ukrainian drone startup Swarmer has raised $2.7 million in a seed round led by US defense technology company R-G.AI to advance its cutting-edge swarm drone technology, ain reported on Monday, citing Swarmer. Radius Capital actively participated in the funding round, while Green Flag Ventures and D3, which backed
Estonian defense company Frankenburg Technologies will start manufacturing its anti-drone missile systems in Ukraine, the company said on Monday in a post on LinkedIn. "Expansion into Ukraine is the most important early strategic choice for Frankenburg," said Frankenburg co-founder Taavi Madiberk. "We will work tirelessly to launch
