Tag: Production

Ukrnafta has initiated the drilling of a new exploratory well in western Ukraine, aiming to uncover productive layers of menilitic sediments

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

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

Brussels, Belgium — July 3, 2024 — NATO allies have agreed to allocate €40 billion in military aid to Ukraine for the year 2025, according to Reuters, citing an unnamed Western European diplomat

Ukrnafta, a leading Ukrainian oil and gas company, has announced an ambitious plan to invest $1 billion in the construction of power plants over the next three years

Kyiv is set to produce electricity from solid household waste, according to Petro Panteleev, Deputy Chairman of the Kyiv City State Administration (KMDA)

Skydio, a leading American manufacturer of small copter-type reconnaissance drones, is making its entry into the Ukrainian market

EOS Defense Systems, an Australian company specializing in defense technologies, has expressed interest in localizing production in Ukraine

Large solar plants in Ukraine are currently producing approximately 3 GW of power daily, playing a crucial role in supporting the nation’s power system during daylight hours

Ukraine’s agricultural export volume has significantly increased compared to the previous marketing year

A new business program has been launched in Ukraine under the EU4Business initiative, offering a grant fund of €480,000 aimed at supporting small and medium-sized enterprises (SMEs) with export and innovation potential

Rheinmetall Secures Record Order for 155-mm Artillery Ammunition

Ukraine unveiled its latest technological advancement in drone warfare, the Bulava barrage drone, at the Eurosatory 2024 international exhibition in Paris

In a significant move to enhance transparency and control within the tobacco industry, Ukraine is set to launch the “eTobacco” portal in February 2025

Germany is committed to ensuring that Ukraine can export at least 7.2 million tons of agricultural products every month in 2024, continuing the trend established since the onset of the full-scale war

Ukraine and the USA have reached an agreement to create an enterprise dedicated to repairing American armored vehicles

Rheinmetall, a leading arms company, has reached an agreement with Ukraine to commence the joint production of Lynx infantry fighting vehicles (IFVs)

The Franco-German company KNDS, known for producing Caesar self-propelled artillery units, is set to open a branch in Ukraine

For the third consecutive month, Ukraine has exported more than 3 million tons of corn, bringing the total exports from September 2023 to May 2024 to 23.7 million tons

The Ministry of Digital Transformation of Ukraine has initiated the beta testing phase of the educational application “Mriya” (Dream), aimed at students, parents, and teachers

In May, Ukraine achieved a record export of 108,000 tons of sugar, with 65% of this volume shipped to the EU and the remaining 35% to other countries

The oil market experienced significant losses following the recent OPEC+ decision. Investors are closely monitoring new signals from the United States, the world’s largest economy

Lithuania’s Minister of Economy and Innovation, Aušrinė Armonaitė, has signed an agreement with the German military industry giant Rheinmetall for the development of a significant arms manufacturing plant

Estonia has initiated the transfer of a 200-megawatt unit from the Narva Power Plants to aid in the restoration of Ukraine’s energy infrastructure