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 forces in a press release.
Rohlig SUUS Logistics, one of the largest logistics service providers in Poland, said it has opened a subsidiary in Ukraine, headquartered in Kyiv, as it looks to strengthen its position in Central and Eastern Europe.
The Swiss subsidiary of the world's second-largest container shipping company, MSC, Medlog, has bought stakes in Ukrainian logistics assets, according to reports from Forbes Ukraine. The transaction marks the first deal of its kind with a global logistics company since the full-scale Russian invasion.
The European Bank for Reconstruction and Development (EBRD) said it is extending a senior loan of up to €10 million to the western Ukrainian city of Lviv. The funding aims to support the continuity of essential municipal services and help the city cope with the ongoing impacts of the war.
Military activity has significantly degraded surface water quality in Ukraine's Dnipropetrovsk region, raising concerns that key rivers and canals used for drinking water and irrigation could become unsafe for human consumption, according to new research. A study by a group of Ukrainian scientists found an increase in concentrations
Ukraine is already closely connected to the European Union's economy, research community, and industrial sector, but it is not yet getting the full benefit of those ties, according to a recent report by the United Nations Industrial Development Organization (UNIDO). The study found that the EU accounts for
Ukraine's finance ministry and Switzerland's State Secretariat for Economic Affairs (SECO) have signed a memorandum of understanding to launch the Fiscal Governance for Local Reconstruction and Recovery (FG4R) project. The four-year initiative aims to strengthen public financial management at national and local levels to support
Ukraine has received €236 million in loan financing under the World Bank's Public Expenditures for Administrative Capacity Endurance (PEACE) project, Ukraine's finance ministry said. The funding was extended by the International Bank for Reconstruction and Development (IBRD) under a guarantee from the Swedish government, the finance
