Ukraine has agreed to a US proposal to enact an immediate, interim 30-day ceasefire, subject to acceptance and implementation by Russia, the governments of the US and Ukraine said in a joint statement on Tuesday. The statement followed a meeting between US State Secretary Marco Rubio and National Security
Iceland is contributing an additional €2 million to the Ukraine Energy Support Fund, bringing the total contribution from a nation of less than 400,000 people to over €5.6 million, according to the Ukrainian government. The €1 billion Fund was established in 2022 as a joint initiative of Ukraine’
Switzerland-based Ferrexpo said it needs more time to finalize its full-year 2024 financial results due to recent developments in Ukraine and ongoing discussions with the firm's auditors concerning its subsidiary, Ferrexpo Poltava Mining (FPM). Last week, the State Bureau of Investigation in Ukraine (SBI) said that
Finland's Ministry of Foreign Affairs said it will allocate €16 million in humanitarian assistance to Ukraine as part of a broader €36.5 million aid package supporting refugee crises in Africa and the humanitarian situation in the Middle East. The funds will be distributed through various UN agencies
The European Commission (EC) said it has proposed to prolong measures guaranteeing duty-free imports for Ukraine's steel as it looks to support the country's economy. "Iron and steel exports to the EU are a significant source of revenue for Ukraine. Continuing to exempt these
The annual take-up of warehouse space in the Kyiv market returned to near pre-war levels last year, driven by a surge in pre-leases for developments nearing completion, according to a study by CBRE Ukraine. Annual take-up in Kyiv totaled 167,000 in the year, an increase
The European Bank for Reconstruction and Development (EBRD) said it approved a €15 million loan to co-finance Ukrainian pharmaceuticals manufacturer Yuria Pharm Group's investment program in Uzbekistan, Ukraine and Latvia for 2025-2027. The funding, focused on green projects and other capex, will be divided into €13
The European Commission (EC) issued a new call for proposals from banks and international financial institutions under the €9.3 billion Ukraine Investment Framework, this time focused on supporting small businesses. This call "encourages partners to take on more risk and provide grants to businesses in war-affected areas,
The Ukrainian government said the country has completed the official screening of its legislation for compliance with European Union norms under the Free Movement of Goods chapter. As part of the screening, Ukraine prepared over 44 presentations for the European Commission on 59 acts of EU law regulating industrial products,
ArcelorMittal Kryvyi Rih is prepared to establish JVs with European investors in the mining sector to contribute to the post-war reconstruction of Ukraine, CEO Mauro Longobardo said. We "call on potential Italian and European partners to explore the next level of cooperation and to consider a joint venture
When foreign investors consider joining the reconstruction, they often fearfully imagine Russian missiles hitting their offices, land mines crippling employees or drone strikes destroying warehouses. Not to fear, says George Janjalia, the former Georgian military intelligence officer who led security in Ukraine for a globally famous AI company through three
The UK's development finance institution British International Investment (BII), and the French development agency Proparco will provide risk-sharing guarantees worth a total of $57 million to the European Bank for Reconstruction and Development (EBRD) to support the lender's trade finance exposure in Ukraine. BII will
US President Donald Trump has made it clear to his aides that he wants President Volodymyr Zelensky of Ukraine to show willingness to make concessions in peace negotiations, such as giving up territory to Russia, unnamed US officials told NBC. Signing of the proposed minerals deal alone won't
The Czech Republic will receive €188 million from the European Union's Ukraine Facility to support Czech companies involved in the reconstruction of Ukraine. "This is great news for Czech entrepreneurs. They already have dozens of projects underway in Ukraine, thanks to our government's support, and
