The Epicenter group of companies is preparing to launch the fourth production line at the ceramic tile plant in Kalynivka (Kyiv region), said Dmytro Kysylevsky, deputy chairman of the parliamentary committee on economic development. “In the coming weeks, the ceramic tile plant will launch a fourth production line. It has been installed, and debugging work … Read more
The Antimonopoly Committee of Ukraine (AMCU) has identified grounds for banning the acquisition of control over lifecell group by French billionaire Xavier Niel’s DVL Telecom, a member of NJJ group. In particular, the antitrust agency believes that it is necessary to check the relationship of control of lifecell itself and the parent company Turkcell with … Read more
Ukraine became the largest arms importer in the world in 2023. This is stated in a report published by the Stockholm International Peace Research Institute (SIPRI) on Monday. For the period from 2019 to 2023, Ukraine became the fourth in the world in terms of the number of imported weapons. At least 30 states supplied … Read more
International rating agency Moody’s confirmed the long-term and short-term ratings of Privatbank, Oschadbank, Ukreximbank, Raiffeisen Bank, Taskombank, Vostok and Pivdenny banks in hryvnia and foreign currency at Caa3/NP. The agency also improved the outlook for long-term deposit ratings for all specified banks from negative to stable. “The confirmation of the long-term ratings of the banks … Read more
The European Commission has agreed to bilateral agreement between Poland and Ukraine on rules related to the movement of goods, including agricultural products, said Minister of Agriculture and Rural Development Czesław Siekierski. “We want to achieve bilateral agreement on the rules related to the movement of goods, including agricultural products. We have some agreement on … Read more
Ukraine’s Foreign Ministry announced on March 8 that Spanish Inditex, a multinational clothing company, is preparing to reopen its stores in Ukraine following the two-year closure amid Russia’s full-scale invasion. The statement came after the Financial Times’s reports about the plans of Zara, Bershka, Pull & Bear, Stradivarius, Uterque, Oysho, and Massimo Dutti brands owner … Read more
Ukraine and Turkey signed a bilateral agreement on establishing an electronic preliminary information exchange system regarding goods and vehicles moved between the two states, the President’s Office’s press service reported on March 8. Ukraine’s Defense Minister Rustem Umerov and Turkish Trade Minister Omer Bolat signed the document after the meeting of President Volodymyr Zelensky and … Read more
The need to quickly resolve problems in mutual trade relations between Ukraine and Poland was discussed on Thursday at an online meeting by Minister of Agriculture and Rural Development Czesław Siekierski and Minister of Agrarian Policy and Food of Ukraine Mykola Solsky. “The Polish side expects to reach an agreement with the Ukrainian side, which … Read more
The State Property Fund (SPFU) is preparing to privatize the PentoPak plant, which Ukraine confiscated from Russian-Greek oligarch Ivan Savvidi for supporting Russian aggression. “I am sure that the lot will be interesting for investors. After all, this is a ready-made business that is in the rapidly developing Ukrainian food industry,” stressed the head of … Read more
Kurs Orbital, a Turin-based startup founded by Ukrainian space industry veterans, has closed a €3.7 million seed funding round to accelerate the commercialization of its satellite servicing technology. The round was led by OTB Ventures, and joined by Credo Ventures, Galaxia, and Inovo.vc, TechCrunch reports. “Currently, there are no off-the-shelf rendezvous and docking technologies available, so any … Read more