The German building materials manufacturer Knauf has started construction of its second factory in Ukraine with an investment of €150 million, Dmytro Kysylevskyi, deputy chairman of Ukraine's parliamentary committee of economic development, said on Wednesday. The new plant, in Borshchiv in Ukraine's Ternopil region, will have
Norway will allocate NOK 164 million ($14.4 million) in 2025 to support the clearance of mines and explosives in Ukraine. The funding will go towards strengthening the training facilities for mine clearance dogs and dog handlers that the Norwegian People's Aid and the State Emergency Service of
Ukraine is ready to help address the energy crisis in the breakaway Moldovan region of Transnistria with coal supplies, Ukraine's President Volodymyr Zelensky said on Wednesday. "We are ready to help Moldova, in particular, with coal," Zelensky said in his nightly address to the nation following
The Joe Biden administration is set to announce a final weapons aid package for Ukraine as part of Defense Secretary Lloyd Austin's visit to Germany on Thursday, two unnamed senior defense officials said. Austin will meet in Germany with representatives of around 50 partner nations who have come
A dispute between Bratislava and Kyiv over transit of Russian gas through Ukraine has escalated further after a proposed meeting with European Union officials on Tuesday was called off. Ukrainian and Slovak ministers, alongside European Commission officials, were scheduled to meet in Brussels to address the consequences of the termination
Iceland Foreign Minister Thorgerdur Katrin Gunnarsdottir met with Ukrainian Deputy Energy Minister Roman Andarak to discuss the development of geothermal energy in Ukraine and other issue related to the country's energy sector. The officials discussed the priority requirements for power equipment needed in restoration efforts, along with strategies
The Russian forces said they have captured the "important logistics hub" of Kurakhove in eastern Ukraine's Donetsk region. The capture of the key industrial town Kurakhove would deprive Ukraine of "the ability of shelling peaceful residents of Donetsk … with artillery systems," said the Russian
The war in Ukraine has serious affected the psychological well-being and academic performance of medical students in the country, a study from Ukraine's I. Horbachevsky Ternopil National Medical University showed. Some 62.5% of students reported signs of stress, 59.6% suffered anxiety, and 58.8% displayed
The European Union and Ukraine have not started negotiating a new framework for agricultural trade, which is planned to come into force in June 2025 when the current temporary trade agreement expires, Euractiv reported, citing unnamed Ukrainian sources. The current autonomous trade measures (ATMs), introduced in 2022 following the Russian
The volume of announced and completed M&A transactions in Ukraine fell 30% to $1.2 billion in 2024 from $1.7 billion the previous year, according to InVenture estimates. The transactions included corporate deals, venture capital investments in tech, privatization of state assets, and sales of collateral property.
Ukraine's exports of agricultural products amounted to $24.5 billion in 2024, reaching pre-war levels, the Ministry of Agrarian Policy and Food said. In 2024, Ukraine exported 78.3 million tonnes of agricultural products, the ministry said, adding that exports of agricultural products accounted for 59% of
The European Bank for Reconstruction and Development (EBRD) said on Monday it has signed an agreement to provide a €50 million risk-sharing facility to Credit Agricole Ukraine to boost lending to local companies, including small and medium-sized enterprises (SMEs). With the signing of the risk participation agreement, Credit
The European Bank for Reconstruction and Development (EBRD) said on Monday it is providing an unfunded portfolio risk-sharing facility to OTP Bank Ukraine to unlock €200 million of new funding for Ukraine's private sector. The EBRD's facility will provide up to 50% coverage of OTP
