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Ukraine fears delays in payments from promised $50 billion G7 loan, anonymous sources tell Bloomberg
A promised $50 billion G7 support package for Ukraine is suffering delays and Ukrainian officials fear it may not be ready in time for an upcoming loan review by the International Monetary Fund, Bloomberg reported, citing unnamed government officials. The $50 billion in funding is meant to come in the
Arkaim Advisors high-yield debt fund beats peers with focus on Ukrainian corporate debt
Arkaim Advisors' $470 million Emerging Markets Corporate High Yield Debt Fund has racked up a 12% return this year, beating 99% of its peers, by focusing on debt from Ukrainian companies, according to Bloomberg data. The UK-based firm, which specializes in acquiring debt of health companies in distressed
Dragon Capital sells war-damaged warehouse complex to Ukraine's biggest retailer in 'landmark' deal
Dragon Capital, one of Ukraine's most prominent investment firms, said it has sold Ukraine's sixth-biggest warehouse complex, now damaged by the war, to Avrora, the country's biggest retailer in what it described as a "landmark deal" for the war-time era.
Ukrainian malls, factories, hotels double the pace of green energy construction for own use as Russia steps up attacks
Ukrainian malls, factories, hotels, warehouses, retailers and other large businesses doubled the pace of construction of rooftop solar arrays and windmills for their own use in the first half as Russian attacks repeatedly hit Ukraine's power grid, according to national data. In the first half of 2024, businesses
Sweden appoints long-time diplomat to new post of 'envoy for reconstruction of Ukraine'
The Swedish government has appointed Ulrik Tideström, its former ambassador to Georgia and Armenia, to the newly created position of special envoy for the reconstruction of Ukraine to promote Swedish businesses seeking to help rebuild the war-torn country. Tideström, currently the director of Diplomatic Training for the Ministry of
Ukraine needs to raise taxes to assure donors, bondholders of eventual self-reliance, IMF says
A government-proposed tax increase in Ukraine is key to maintaining support of foreign donors and bondholders who seek greater guarantees of medium-term stability, IMF Ukraine mission Chief Gavin Gray said. "The donors are looking for Ukraine to play its part in progressively becoming more self-reliant,"
Indian prime minister aims to discuss peace and reconstruction in visit to Ukraine this week
Indian Prime Minister Narenda Modi intends to discuss the prospects for peace as well as the reconstruction of Ukraine in his visit this week with Ukrainian President Volodomyr Zelensky, The Print reported, citing unnamed diplomatic sources. Modi, who arrives in Kyiv on Aug 23 after a two-day visit to
Which law firms are poised to lead in the reconstruction of Ukraine?
This review of Ukraine's premier legal directory "Ukrainian Law Firms. A Handbook for Foreign Clients," is written mainly with an eye to foreign investors interested in the reconstruction of Ukraine. The 10 law firms covered individually here include Sayenko Kharenko, Asters, Integrites, Baker McKenzie, Avellum, Dentons,
Finland's Peikko Group to open concrete connections factory in Ukraine in early 2025
Peikko Group, a Finland-based global supplier of construction industry solutions, will build a factory and warehouse in the central Ukrainian city of Bila Tserkva in preparation for an expected surge in demand for the reconstruction of Ukraine. The group, which supplies concrete connections and slim floor structures worldwide, plans
EU energy chief calls for urgent 6-point Ukraine energy plan: repair heating units, install solar power and generators
European Union Energy Commissioner Kadri Simson called for immediate action to help Ukraine repair heating and power facilities, decentralize energy production, install rooftop solar systems and expand interconnection capacity within months.
Ukraine reconstruction officials will miss Pritzker's 'Chicago style of doing things,' minister tells The Hill
The Ukrainian government will miss Penny Pritzker's "Chicago style of doing things" now that she has been replaced as the US envoy for the reconstruction, Ukrainian Minister of Strategic Industries Oleksandr Kamyshin said. Pritzker, who finished her one-year term as envoy this month, gained a
Mark Hamill, Tim Snyder launch fundraiser for 30 robots to clear mines for Ukraine recovery
Timothy Snyder, the celebrity US historian, and actor Mark Hamill, the original Luke Skywalker, joined a campaign to raise $441,000 to buy 30 demining robots to clear land in Ukraine for civilian use and the reconstruction of the country. "This is a new campaign, starting right now, to
URN Media Roundup: Is peace getting any closer in Ukraine?
The Ukrainian military's surprise advance into Russian territory this month has cast a new light on the war in Ukraine. Once seen as battered and increasingly willing to make concessions for peace, Ukraine is now viewed as stronger, more energized and more likely to stay in the fight
Ukraine exports via Black Sea corridor total 64.4 million tonnes in first year of operation
Ukraine has exported 64.4 million tonnes of cargo, including 43.5 million tonnes of farm goods, through the Black Sea maritime transport corridor since it opened a year ago, the Infrastructure Ministry said. Some 2,379 ships have supplied goods to 46 nations through the corridor, which opened with
Ukraine government to pay up to 50% of cost of rebuilding irrigation systems
Ukraine's government will cover up to 50% of the cost of reconstruction, or construction, of irrigation systems for farmers and will pay them to keep farming in frontline areas, Prime Minister Denys Shmyhal said. The funds will come from a UAH 200 million ($4.9 million) allocation from