Russia strikes three of DTEK's thermal plants, industry source says Russia's weekend missiles strikes on Ukraine hit three of the working thermal plants owned by DTEK, the country's largest private power producer, Reuters reported, citing an unnamed industry source
South Korea's agricultural machinery company Daedong said it has signed a three-year agreement to export tractors worth KRW 30 billion ($21.5 million) to Ukraine. In a press release on Thursday, Daedong described the move as a "full-scale entry" into the Ukrainian agricultural machinery market worth
Today's Contents Reporter's Notepad: * A Sale of Two Banks? Possible hints, rumors and observations from the Economy Ministry, the EBRD, Rothschild & Co and CMS about the government's plan to sell two state banks Just The Facts: * IFC, DFC, Raiffeisen Bank Ukraine launch $210
A consortium of British, Ukrainian and Dutch organizations secured GBP 16 million ($20 million) in funding from the UK government for a project that aims to up-cycle Ukraine's war-torn rubble into green building materials, the University of Leeds said in a press release. The group includes Rotterdam-based up-cycyling
The UN World Food Programme's executive board approved an interim strategic plan for Ukraine for the 2025-2027 period with a total budget of $2.1 billion, Ukraine's Prime Minister Denys Shmyhal said in a post on X on Wednesday. The plan includes humanitarian aid, support for
The International Bank for Reconstruction and Development (IBRD) and Ukraine's government on Wednesday signed a memorandum of understanding (MoU) on knowledge sharing, according to a press release. "The Memorandum provides for the exchange of knowledge and best practices on economic growth, business support and the implementation of
The International Finance Corporation (IFC), the US International Development Finance Corporation (DFC), and Raiffeisen Bank Ukraine have established two risk-sharing facilities totaling about $210 million to support Ukrainian small and medium enterprises (SMEs) and midcaps, IFC said in a press release on Wednesday. Under the first risk-sharing facility, IFC and
Lithuania will allocate €10 million to the World Bank's Ukraine Relief, Recovery, Reconstruction and Reform Trust Fund (URTF), the country's finance ministry said in a press release on Tuesday. The funding will contribute to the reconstruction of Ukraine's destroyed energy infrastructure, houses, schools, and
Ukrainian oil and gas firm Ukrnafta has agreed to acquire a 51% stake in Alliance Holding, a network of 118 operating gas stations, from Shell International Company, Ukrnafta said, without saying how much it paid. The existing 1,550 employees at the gas stations and in the head office will
Some 52% of Ukrainians want their country to negotiate an end to the war as quickly as possible and 38% believe Ukraine should keep fighting until victory, according to a Gallup survey conducted in August and October. The results represent a resolute shift from the attitudes of Ukrainians recorded at
On the 1,000th day of the war, Kyiv launched US ATACMS missiles at Russian territory on Tuesday, using the permission from the outgoing US administration of Joe Biden, Reuters reported, citing unnamed sources. Ukraine announced that it hit a Russian weapons depot some 110 kms inside Russia, near the
The European-Ukrainian Energy Agency (EUEA), a Ukraine-based non-profit organization, presented the Commercial Risks Guarantee Fund concept to protect private renewable energy companies from shifts in the Ukrainian electricity market. EUEA board member Oleksandr Melnyk said the fund, to be established by international financial organizations, will protect private renewable energy firms
Ukraine's parliament on Tuesday approved the 2025 state budget in the final reading, with planned spending for defense and security of UAH 2.23 trillion ($54 billion), the finance ministry said in a press release. The defense spending is equal to 26.3% of Ukraine's GDP
