NBU has final say in allowing companies to pay eurobonds from Ukraine

The final decision on the sale of FX currency to large Ukrainian companies and holdings and their further settlements from Ukraine on eurobonds with Western creditors will be made by the National Bank of Ukraine (NBU), First Deputy Prime Minister – Minister of Economy Yulia Svyrydenko said at the Made in Ukraine forum in Kyiv … Read more

Poland urges EU to slow trade liberalization with Ukraine

The European Commission is responsible for the uncontrolled flow of agricultural products from Ukraine into Poland and the European market, as well as for the provisions of the Green Deal, which have caused protests from farmers throughout Europe and which need to be revised in order to support farmers, Polish Agriculture Minister Czeslaw Siekierski said. … Read more

Naftogaz plans to increase gas production to 15 bcm in 2024 – Chernyshov

Naftogaz Group plans to produce 15 billion cubic meters of natural gas in 2024 at the expense of PJSC Ukrgazvydobuvannia and PJSC Ukrnafta, said the head of the group, Oleksiy Chernyshov. “For 2024, our plan is to approach 15 billion cubic meters at the expense of the Ukrgazvydobuvannia and Ukrnafta enterprises,” he said at the … Read more

Ukraine will expand localization requirement for public procurement – prime minister

The government will expand the list of goods and equipment, during public procurement of which preference is given to those where there is a certain level of localization of production in Ukraine, Prime Minister Denys Shmyhal said at the Made in Ukraine forum in Kyiv on Monday. “We plan to use a number of tools … Read more

MITS launched in Ukraine to support defense tech startups – investing up to $200k

The Ukrainian team, together with American partners, have announced the launch of MITS, Military Innovation Technology Solutions. According to the press release, the program is intended to help Ukrainian defense technology startups find partners, scale up, and offer the best defense technology products to the Armed Forces of Ukraine. An investment of $200,000: $100,000 in … Read more

Ukrainian climate tech Carbominer secures €1.5M grant from EIC Accelerator

Carbominer, a Kyiv-based modular direct air capture technology provider, has secured a €1.5 million grant from the EIC Accelerator Fund. Following this grant, Carbominer plans to raise an additional €7.5 million in equity in the future. The startup was previously funded by Ukrainian fund SMRK VC and in 2023 raised additional funding from Swiss Business Angel. Carbominer … Read more

The G7 reconfirms that Russian assets will remain frozen until the aggressor pays reparations to Ukraine

The G7 countries released a statement in which they noted: “We confirm that the sovereign assets of the Russian Federation in our jurisdictions will remain immobilized until the Russian Federation pays for the damages it has caused to Ukraine.” The signatories of the statement welcomed the EU’s decision to adopt a mechanism for storing the … Read more