Zelensky seeks Western help to develop drones to intercept aerial attacks
Ukrainian President Volodymyr Zelensky said he has ordered his government to step up efforts to engage Western help to develop drones to intercept aerial attacks.
The losses, the damage, the insurance and the war.
Ukrainian President Volodymyr Zelensky said he has ordered his government to step up efforts to engage Western help to develop drones to intercept aerial attacks.
Interpol has placed former executives of a Ukrainian oil refining company on its wanted list over alleged embezzlement of UAH 5.8 billion ($140 million), according to Ukraine's National Police.
The minerals deal Ukraine signed with the US last week serves as part of the foundation of Ukraine's future security, even though it doesn't explicity provide security guarantees to the country, said Oksana Markarova, the country's ambassador to the United States.
The Ukrainian state oil and gas company Naftogaz Group said 34 sites of its unit Ukrgasvydobuvannya, the country's largest gas producer, were attacked by Russia in the 2024-2025 winter season, leading to a loss of almost 50% of its gas output.
Transcarpathia, Ukraine's westernmost region bordering Poland, Slovakia, Hungary and Romania, has long been a smuggling hotspot. Deep-rooted corruption, a weak state presence, and resilient cross-border ethnic networks have entrenched an illicit economy dominated by tobacco, goods, drug, and human smuggling.
Logistics remains among the most persistent challenges for Ukrainian exporters of grain products since the Russian full-scale invasion began in February 2022, APK-Inform reported on Wednesday, citing the director of the Association of Ukrainian Flour Millers, Rodion Rybchynskyi.
Ukraine's southwestern Odesa region has expanded a safety center in the city of Avangard, by adding a second building to the facility, with €484,000 in support from the European Investment Bank (EIB), the lender said on Wednesday.
The European Bank for Reconstruction and Development (EBRD) said on Monday it is extending an unfunded portfolio-risk-sharing facility to Raiffeisen Bank Ukraine to enable €100 million worth of energy investments.
Florida-based Safe Pro Group, which offers cloud-based AI solutions for processing drone imagery in humanitarian mine clearance, said it has signed a multi-year memorandum of understanding (MoU) with Ukraine's Center of Excellence for Mine Action and Environmental Security.
The European Commission (EC) said it has approved a €1.5 billion Polish state-backed scheme to reinsure transport in Ukraine, aiming to sustain trade flows disrupted by Russia's ongoing aggression.
UK-based reinsurer MS Amlin has committed up to €110 million in reinsurance capacity over five years to support war risk policies underwritten by three Ukrainian insurers through a scheme developed with the European Bank for Reconstruction and Development (EBRD) and professional services firm Aon. MS Amlin said it had
London-based insurance broker McGill and Partners has developed an AI-powered war risk reinsurance facility for commercial property in Ukraine, This is Money reported, citing Hamish Greenwood, head of crisis management at McGill. The new facility, developed with Ukrainian insurance tech start-up FortuneGuard, uses data on missile strikes
Switzerland-based Ferrexpo said it needs more time to finalize its full-year 2024 financial results due to recent developments in Ukraine and ongoing discussions with the firm's auditors concerning its subsidiary, Ferrexpo Poltava Mining (FPM). Last week, the State Bureau of Investigation in Ukraine (SBI) said that
Dutch special purpose entity E.M.I.S. Finance has filed an arbitration claim against Ukraine seeking to recoup $400 million in lost investments due to the nationalization of Sense Bank, former Alfa-Bank Ukraine, Russian business newspaper Vedomosti reported. Ukraine's government completed the nationalization of Sense Bank,
Ukraine has made progress in its efforts to prevent corruption among judges, prosecutors and members of parliament despite the "extremely difficult" wartime conditions, the Council of Europe's anti-corruption group body has found in its latest report. The country has carried out 18 of Greco'