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Firefighting equipment maker Pozhmashyna to build new Lviv plant for $15 million
Pozhmashyna, one of Ukraine's leading manufacturers of fire and specialized equipment, plans to invest $15 million to build a new plant near the western Ukrainian region of Lviv, said local authorities. The company will build the 13,000 square meter (140,000 square foot) factory in the Formatsia
US wants Ukraine to hold elections after ceasefire, Trump envoy says
US wants Kyiv to hold elections within the coming months once a ceasefire deal with Moscow is concluded, US President Donald Trump's special envoy for Ukraine and Russia, Keith Kellogg, told Reuters in an interview. Kellogg stressed that presidential and parliamentary elections in Ukraine — which have been suspended
3 Things You Need to Join the Rebuild, from a Long-Time CEO in Ukraine
Dear reader, Here we bring you an excerpt from a recent edition of our premium newsletter. This excerpt is part of a Ukraine Rebuild Newswire series of chats and advice from foreign businessmen with extensive experience in Ukraine to the relative newcomers and companies that are just now considering joining
Zelensky says it's 'very dangerous' for Ukraine to be left out of US-Russia war talks
Ukrainian President Volodymyr Zelensky said on Saturday that it would be "very dangerous" to leave his country out of talks between the US and Russia regarding the war in Ukraine, urging more discussions with Washington to formulate a ceasefire plan. Zelensky's comments came a day after
Ryanair prepares to resume Ukraine flights 4-6 weeks after war ends, CEO says
Ryanair is preparing a plan that would allow it to resume flights to Ukraine four to six weeks after the war with Russia ends, CEO Michael O'Leary said, as quoted by The Telegraph. "I would very much hope it's this year. I think one of
URN Daily: Canadian miner Black Iron leases Kryvyi Rih deposit; EU may resume Russian gas imports after war
Today's Contents Just The Facts: * Canadian miner Black Iron leases 248 hectares of land in Ukraine's Kryvyi Rih to develop iron ore deposit * EU weighs possibility of resuming Russian gas imports after a Ukraine peace deal, sources say * Switzerland to boost private sector role in Ukraine&
Foreigners opened more than 1,100 new companies in Ukraine in 2024, led by wholesalers
Foreign owners registered more than 1,109 new businesses in Ukraine in 2024, with the biggest single group coming from Turkey — 201 companies. Polish citizens followed, with 90 companies, then the US with 89. The number of new companies is a 24% decrease from 2023's 1,464, and
Switzerland to boost private sector role in Ukraine's reconstruction with new treaty
The Swiss Federal Council has approved negotiating an international treaty between Switzerland and Ukraine to create a legal basis that would allow Swiss private sector in participating in the reconstruction of Ukraine. Switzerland and Ukraine signed a memorandum of understanding at the World Economic Forum Annual Meeting in Davos that
Sweden approves $1.2 billion in military aid to support Ukraine's long-range capacity
Sweden has approved its largest-ever support package to Kyiv, valued at SEK 13.5 billion ($1.22 billion), which is meant to bolster Ukraine's long-range capability. In total, Sweden has give Ukraine SEK 61.9 billion in military support since the Russian invasion began three years ago.
Canadian miner Black Iron leases 248 hectares of land in Ukraine's Kryvyi Rih to develop iron ore deposit
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
EU weighs possibility of resuming Russian gas imports after a Ukraine peace deal, sources say
European officials are discussing the possibility of resuming Russian pipeline gas sales to the EU as part of a broader settlement to end the war in Ukraine, unnamed sources told the Financial Times. Proponents argue that reinstating Russian gas imports could help lower Europe's energy prices, motivate Moscow
URN Daily: Ukraine defense minister faces corruption probe; South Korea to help rebuild missile-hit children's hospital
Today's Contents Reporter's Notepad: IPO frenzy? Chat about IFIs acting as catalysts for Ukrainian IPOs, privatization via IPOs, and the sectors most ready to go public. Just The Facts: * Ukraine defense minister faces corruption probe amid internal dispute over arms procurement * Ukraine's central bank
Finland to fund €2 million environmental damage assessment of Ukrainian water resources
Kyiv's ministry of environmental protection and natural resources and Finland's Environment Institute (SYKE) have allocated €2 million for conducting an environmental damage assessment and monitoring of water quality and biodiversity in Ukraine. The Finnish ministry of foreign affairs will fund the project, which will run from
Ukraine defense minister faces corruption probe amid internal dispute over arms procurement
The National Anti-Corruption Bureau of Ukraine (NABU) opened a criminal case investigation involving the country's Defence Minister Rustem Umerov, which could worsen a dispute within the ministry over arms procurement, Reuters reported, citing NABU. The investigation — which was requested by a corruption watchdog — would look into allegations of
South Korea to help rebuild missile-hit children's hospital and veterans' center in Ukraine
The Korea International Cooperation Agency (KOICA), which coordinates aid for the South Korean government, aims to help rebuild and upgrade a missile-damaged children's hospital in Kyiv and a veterans' center, Ukraine's Deputy Minister of Health Edem Adamanov said. The first project, "Strengthening the Children&