German defense company Rheinmetall has received an order to equip and commission an ammunition production plant in Ukraine, with production expected to begin within 24 months.
Tag: Business in Ukraine
Ukraine expects a harvest of 27 million tons of early crops in 2024, with significant export potential despite regional yield variations
The National Bank of Ukraine (NBU) has streamlined access for foreign investors to finance Ukraine’s reconstruction, enabling direct investment in marketable debt instruments.
The European Union will allocate €42.95 million to Ukrzaliznytsia for the design and construction of a 1,435 mm track to improve Ukraine’s railway network
Boeing and Antonov have signed an agreement to collaborate on drone production, enhancing Ukraine’s defense capabilities and economic growth
Turkey has pledged to assist Ukraine in restoring its energy sector and enhancing distributed generation capacity
Ukraine and the EU have asked Azerbaijan to secure a new gas supply agreement following the expiration of its contract with Russia
From July 20, the Ministry of Economy launched interest-free loan programs for citizens to purchase and install solar panels and wind turbines
Under the “Ukraine Facility” program, the European Commission will disburse €4.2 billion to support Ukraine’s macro-financial stability and public administration
Dalgakiran Kompresör has invested UAH 400 million to establish an industrial energy equipment plant in Belogorodka, Kyiv region
The Ministry of Economy of Ukraine has announced the construction of a new industrial park in the Kyiv region, aimed at boosting economic growth and creating jobs
Ukraine and the Czech Republic have agreed to strengthen their bilateral cooperation in the trade of agricultural products
The Ukrainian government has approved the sale conditions for the state-owned United Mining and Chemical Company (OGHC) and the Ukraine Hotel
Significant Growth in Production and Export of Rolled Metal in 2024
Ukrainian Bank Recognized Among World’s Best Fintech Companies
First American Company to Manufacture Weapons on Ukrainian Soil
In the first five months of the year, Ukrainian banking institutions experienced significant financial success, achieving surplus profits
Three years after opening the land market, Ukrainians have sold over half a million hectares of agricultural land, leading to significant price changes
DTEK Energo, a leading energy company in Ukraine, has announced a significant investment of UAH 3.9 billion towards the repair and restoration of its thermal power plants (TPPs) damaged by ongoing conflicts
Ukrnafta has initiated the drilling of a new exploratory well in western Ukraine, aiming to uncover productive layers of menilitic sediments
Ukraine is set to expand its merchant shipping corridor in the Black Sea with the anticipated arrival of American-made F-16 fighter jets
In the first half of 2024, large taxpayers in Ukraine significantly boosted the state’s revenue, paying almost UAH 243 billion into the general fund of the State Budget
Rome, Italy — July 4, 2024 — In a significant move to bolster Ukraine’s defense capabilities, Italy has announced plans to purchase hundreds of tanks from the German defense firm Rheinmetall, in what is reported to be the largest order in the history of the company
Prague, Czech Republic — July 4, 2024 — The Czech-Ukrainian company UAC has commenced serial production of reconnaissance and strike drones, specifically designed for the Ukrainian army