US-based titanium miner Velta aims to create a "cluster" in Ukraine for mining and processing critical raw materials when the war ends and is in talks with several private investors and international finance institutions for backing, a senior company official said. Matthew Murray, chair of the board
Romania's Transport and Infrastructure Minister Sorin Grindeanu said on Tuesday that the country's Black Sea port of Constanta should become a main logistics hub for Ukraine's reconstruction, as quoted by local news agency Agerpres. Speaking at a press conference at the port, Grindeanu said
Europe's major powers are rallying behind efforts to seize over €200 billion in frozen Russian assets as they work on a ceasefire deal for Ukraine, with France and Germany, previously resistant to a full-scale asset seizure, now in talks with the UK and other nations on potential
The US and Ukraine plan to move ahead with signing a proposed deal to jointly develop Ukraine's minerals resources, Reuters reported, citing four unnamed sources familiar with the matter. The sources, however, cautioned that the deal had not yet been signed and the situation remained fluid, Reuters reported.
European Commission President Ursula von der Leyen on Tuesday unveiled a five-part "Rearm Europe" plan to mobilize €800 billion to enhance Europe's defense capabilities and provide military aid to Kyiv. Firstly, she proposed a new financial instrument worth €150 billion to provide EU member states
After the public spat between US President Donald Trump and Ukrainian President Volodymyr Zelensky last week, a survey suggests more Ukrainians regard the US as a hostile country than a friendly one. A survey of 1,000 Ukrainians by Gradus Research suggests the United States has dropped from its position
US President Donald Trump has paused all US military aid to Ukraine amid the escalating tensions between Washington and Kyiv, an unnamed White House official told Reuters. "President Trump has been clear that he is focused on peace. We need our partners to be committed to that goal as
Astarta, the Ukrainian agro-industrial holding company, announced plans to invest $76 million to build a multi-seed crushing facility in the western Ukrainian region of Khmelnytsky. The plant, slated to be commissioned next year, will be able to process 400,000 tons of oilseeds a year, including rapeseeds and
Ukraine's President Volodymyr Zelensky said in his nightly address to the nation on Monday that his team is working to create conditions for "proper" diplomacy for the war to end as soon as possible with a "decent peace." "We need peace – real, fair
Ukrainian national railway operator Ukrainian Railways (Ukrzaliznytsia) will establish a locomotive unit this year to centralize operations of its existing locomotive depots, Ukrzaliznytsia Chairman Oleksandr Pertsovsky said. "This year, we are launching the full-scale operations of Ukrzaliznytsia's Locomotive Company. Our locomotive depots will be integrated into
France and the UK plan to propose a one-month truce in Ukraine that would only cover air and sea attacks and assaults on energy infrastructure, French President Emmanuel Macron told the French newspaper Le Figaro. The truce would not affect ground fighting, Macron told a reporter from Le Figaro
The US State Department ended a USAID initiative that allocated hundreds of millions of dollars to helping Ukraine restore its war-damaged energy grid, NBC News reported, citing two unnamed USAID officials who work on the agency's Ukraine mission. The sources also said that USAID staffing levels in
Italy has agreed to contribute €13 million to the Ukraine Energy Support Fund to help rebuild the energy sector after a year of withering Russian attacks, the Ukrainian government said. The agreement was signed late Friday between Italian Ambassador to Ukraine Carlo Formosa and Deputy Energy Minister of Ukraine Roman
