Russian President Vladimir Putin has signed a decree to increase the size of Russia's armed forces by 180,000 soldiers, raising the total troop strength to 1.5 million. Putin ordered an increase in the total personnel, including civilian staff, of the Russian army to 2.38 million
Polish Foreign Minister Radosław Sikorski said his country will soon start contributing to the Czech-led initiative for buying shells for Ukraine outside the European Union. Warsaw plans to spend €50 million euros on the initiative in 2024 and another €50 million in 2025, Sikorski said in an interview with European
The Ukrainian agricultural holding Prometey will close three of its 28 grain silos and reduce its headcount due to financial difficulties caused by the war and adverse weather, the company said in a statement on Monday. "In the third year, the war also got to the Prometey group of
Ukraine's defense manufacturer Ukrainian Armor will build a new ammunition factory in the country, aiming to boost its production of artillery shells, CEO Vladyslav Belbas said in an interview with Militarnyi, published on Monday. Belbas said the move will significantly increase output, but declined to disclose what types
Ukrainian drone startup Swarmer has raised $2.7 million in a seed round led by US defense technology company R-G.AI to advance its cutting-edge swarm drone technology, ain reported on Monday, citing Swarmer. Radius Capital actively participated in the funding round, while Green Flag Ventures and D3, which backed
Estonian defense company Frankenburg Technologies will start manufacturing its anti-drone missile systems in Ukraine, the company said on Monday in a post on LinkedIn. "Expansion into Ukraine is the most important early strategic choice for Frankenburg," said Frankenburg co-founder Taavi Madiberk. "We will work tirelessly to launch
Table of Contents * Just the Facts. The latest news related to the reconstruction of Ukraine. * Reporter's Notepad. Exclusive reporting along with notes on meetings and transcripts of speeches, interviews and conferences attended. * That's What You Think. Coverage of the latest opinion pieces from influential media outlets,
Conference organizers: Federation of Employers of Ukraine (FEU) and the Union of Entrepreneurs and Employers of Poland (ZPP) Topics covered: Polish-Ukrainian economic cooperation in the areas of transport and logistics, trade, and infrastructure cooperation Speakers Transcribed (Transcriptions start after summaries): Valerii Tkachov, deputy director of the Commercial Department of JSC
Denmark has allocated €7.2 million to restore the water supply infrastructure in Mykolaiv's Korabelny neighborhood as a pilot project for similar works throughout the southern Ukrainian city. The project aims to restore freshwater access, damaged in an attack shortly after the 2022 Russian invasion of Ukraine, said
The Italian government has pledged €45 million to restore five architectural monuments in the southern Ukrainian city of Odesa that have been damaged during the Russian invasion, said an Odesa city official. Ivan Liptuha, head of the city council's Department of Culture and European Integration, told the news
France has committed to delivering 19,000 tonnes of railway track to support the recovery of Ukraine and help streamline its rail services with those of Western Europe, said Pierre Heilbronn, France's envoy to the reconstruction of Ukraine. The first shipment of the track, which is enough to
Shortly after saying he will not let Ukraine use German weapons in long-range strikes against Russia, German Chancellor Olaf Scholz called for an intensification of efforts to end the war. "I believe that now is the moment when we also need to discuss how we can get out of
Polish Foreign Minister Radosław Sikorski urged European governments to halt social payments for Ukrainian men of conscription age living abroad to encourage them to return and join the fight against the Russian invasion, online Ukrainian newspaper Dzerkalo Tyzhnia reported. "Hiding from conscription is not a reason for financial assistance.
Ukraine's energy infrastructure needs a modern-day Marshall Plan, costing as much as $50 billion, to counter the severe impact of Russian attacks and decentralize energy production, Maxim Timchenko, CEO of DTEK, the largest private investor in Ukraine's energy sector. "Our key task must be to
The European Bank for Reconstruction and Development (EBRD) has agreed to extend a €175 million facility to PrivatBank and €150 million to Ukrgasbank as part of a program to improve Ukraine's energy security, the European financial institution said. The lenders will use the unfunded portfolio-risk-sharing facilities to support
