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 westward beyond its boundaries to land owned by Ukraine's government, currently used by the Ministry of Defense as a training firing range.
Ukraine's private war-risk insurance market has expanded since the launch of its first large-scale commercial facility 18 months ago, with more than 1,000 industrial and commercial assets now quoted for coverage market-wide and more than 100 ultimately insured to date, according to FortuneGuard, the
The European Union should launch an initiative to help Ukraine attract major international companies by combining targeted investment incentives with stronger de-risking measures, according to a new report by the European Union Institute for Security Studies (EUISS). The proposed "Big on Board" initiative aims to mobilize the
Ukraine is considering a rail corridor through Moldova to the Romanian port of Constanța as an alternative to Black Sea shipping, as Russian strikes on Ukrainian ports increasingly disrupt grain exports, Reuters reported, citing unnamed sources. Kyiv has asked Moldovan authorities for a 50% discount on the standard freight rate,
