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
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
The International Monetary Fund (IMF) and Ukrainian authorities have reached a staff-level agreement on the sixth review of the four-year Extended Fund Facility (EFF) arrangement, granting Ukraine access to $1.1 billion in funding, subject to approval from the IMF board. If approved, the agreement would bring the
The European Bank for Reconstruction and Development (EBRD) said it is providing a €50 million liquidity loan to the Ukrainian capital Kyiv's municipal district heating utility Kyivteploenergo. The loan will ensure that Kyivteploenergo continues operating, keeps its workforce, and maintains essential heating and electricity services for Kyiv'
Contents Reporter's Notepad: Meeting Notes published from European Commission Workshops on Foreign Direct Investment, Private Equity and War-Risk Insurance. Just The Facts: Biden's decision to approve Ukraine's use of US long-range missiles faces pushback from allies. Korean tractor maker TYM targets Ukraine
77% of Ukrainians support post-war local self-government reform and decentralization in the country to enhance local competencies, resources and accountability, while only 16% view the reform as unnecessary, an opinion poll commissioned by the Council of Europe (CoE) found.
European leaders must be ready to deploy military forces to Ukraine to support any peace deal negotiated by US President-elect Donald Trump between Ukraine and Russia, Estonian Foreign Minister Margus Tsahkna told the Financial Times. Tsahkna said NATO membership — as requested by Ukrainian President Volodymyr Zelensky — would be the
US President Joe Biden's decision to allow Ukraine to use US-made long-range missiles to strike deep into Russian territory has failed to garner support from Ukraine's other allies, signaling Biden's dwindling influence as he approaches the end of his term, Bloomberg reported.
South Korean tractor manufacturer TYM said it aims to participate in the post-war reconstruction of Ukraine through its recently established European subsidiary. Ukrainian parliamentary delegates recently visited TYM's headquarters, discussing active support for tractor manufacturing parts and services via the European unit, TYM said in a press
Contents Reporter's Notepad: Lisa Kaestner of the IFC details two key shifts in the IFC's Ukraine policy - one she is seeing and one she wants to see soon. And Oliver Gierlichs, CFO of Bayer in Ukraine, offers advice to government on how to attract companies despite
Donald Trump's election victory could lead to an earlier-than-expected end to the war in Ukraine, Ukrainian President Volodymyr Zelensky said in an interview with Ukrainian state broadcaster Suspilne. "I think the war will end, and not abstractly," Zelensky said. "There is no exact
