Ukraine's state-owned lender Oschadbank said it has concluded a €9.6 million investment loan agreement with Ukraine-headquartered international energy group KNESS to finance and refinance the construction of 30 MW of energy storage facilities. The project involves building and integrating energy storage facilities into the power
Ukraine is reviewing the newest version of an economic partnership agreement with the US, and the signing of it may happen as soon as next week, US Treasury Secretary Scott Bessent said. "We have passed along a completed document for the economic partnership (that) is currently being reviewed by
The Norwegian government said on Thursday it will provide $5.5 million in funding for the installation of 13 solar power plants in Ukraine's northeastern city of Kharkiv through the United Nations Development Programme (UNDP). The solar power plants will be installed at eight hospitals and five schools
Ukraine plans to introduce agricultural notes and grain exchange trading as it looks to boost the financial position of farmers and attract investments in the sector, the country's agriculture ministry said. In the first year after the launch, the organized commodity market would enable attraction of over UAH
Today's Contents Reporter's Notepad: * Ukraine's FortuneGuard in talks to raise $50 million and take AI-based war-risk insurance solution to new markets Just The Facts: * Russia says it won't relinquish control of Zaporizhzhia nuclear plant * EU says 'unconditional withdrawal'
Ukraine's agriculture ministry said it plans to build modern vegetable storage facilities in frontline regions of Mykolaiv and Kherson to help farmers preserve their harvests. "The development of a vegetable storage system will contribute to the development of small businesses and ensure the sustainability of rural areas,
Norway will this year provide a total of €139 million in grants to Ukrainian oil and gas company Naftogaz to facilitate loans extended by the European Bank for Reconstruction and Development (EBRD), the lender said on Wednesday. Of the total, €85 million in funding will be directed towards helping Naftogaz
The Ukrainian government has approved the privatization terms and sale price for the chemical industry plant Sumykhimprom and construction company Ukrbud, according to Ukraine's Ministry of Economy. The starting sale price for Sumykhimprom is about UAH 1.2 billion ($29 million) and for Ukrbud UAH 263 million, the
The European Bank for Reconstruction and Development (EBRD) said it has approved a €15 million unfunded portfolio risk sharing facility to back up to €30 million of new sub-loans offered by Ukrsibbank to Ukrainian businesses, aimed at supporting economic resilience, energy efficiency, and business competitiveness. The project will provide
The Zaporizhzhia nuclear plant, located 650 kms southeast of Kyiv along the Dnipro River, is "under Russian jurisdiction" and will not be handed over to Ukraine, the US, or international organizations, Russia's foreign ministry said. The ministry said that joint operation of the facility with another
The unconditional withdrawal of Russian forces from Ukraine would be a key condition for any changes to sanctions, the European Commission told Reuters "The end of the Russian unprovoked and unjustified aggression in Ukraine and unconditional withdrawal of all Russian military forces from the entire territory of Ukraine would
Dragon Capital plans to invest $100 million in Ukraine this year due to improved macroeconomic predictability and economic growth in the country, CEO Tomáš Fiala said at a conference in Kyiv organized by the think tank We Build Ukraine. Fiala said most of the funding will come from Dragon Capital&
Today's Contents Reporter's Notepad: * The managing director of SAP Ukraine outlines her company's plans for the reconstruction of Ukraine, future M&A, and more Just The Facts: * Russia, Ukraine agree to maritime, energy ceasefires, White House says * Ryanair CEO says Ukraine's
The Korea International Trade Association (KITA) hosted a forum on Ukraine's reconstruction, bringing together Ukrainian business representatives to enhance bilateral cooperation in postwar rebuilding efforts, Yonhap News Agency reported. The event took place on Tuesday in Seoul alongside a visit from a business delegation of the Ukrainian Chamber
Ryanair CEO Michael O'Leary said on Tuesday that Ukraine's Kyiv and Lviv airports need "a kick up the backside" for not responding to the Irish low-cost carrier's proposals on the resumption of flights once the country's airspace opens. O&
