The Epicenter group of companies continues to invest in the development of all areas of business and plans to complete the construction of five shopping and entertainment centers in different regions of Ukraine and a logistics complex in Khmelnytsky by the end of 2024. “This year, work is planned on the construction of five shopping … Read more
Twenty percent of Ukrainian IT specialists work abroad, while the total number of IT specialists in Ukraine increased to 307,000 from 285,000 in 2022, but the industry still faces many challenges. The information comes from the AI ecosystem report of Ukraine, covering talents, companies, and education research, prepared by the non-profit organization AI House and … Read more
Demand for housing is growing moderately mainly due to the secondary market, while investment demand and interest in new buildings remains low, according to the Financial Stability Report for June 2024 prepared by the National Bank of Ukraine (NBU). According to the document presented on Wednesday, in the first quarter of 2024, notaries signed third … Read more
Northrop Grumman, an American weapons manufacturer, plans to produce ammunition in Ukraine bankrolled by Ukrainian money, the Breaking Defense magazine reported on June 18, citing a company official. Kyiv has been courting Western arms producers in an effort to localize domestic production and decrease reliance on foreign supplies. Northrop’s agreement is the first known deal … Read more
Over the past ten years, the number of AI/ML specialists in Ukraine has grown fivefold, reaching 5,200 professionals as of January 2024. Despite the ongoing war, Ukraine ranks second in the number of AI companies in Central and Eastern Europe. This is evidenced by the results of a joint research by the Ministry of Digital … Read more
Direct losses of the Ukrainian agricultural sector in two years since the beginning of Russia’s large-scale invasion reached more than $10 billion, so it is necessary to accelerate the pace of its restoration to ensure domestic and global food security, Acting Minister of Agrarian Policy and Food of Ukraine Taras Vysotsky said at the Forum … Read more
President Volodymyr Zelensky signed on June 17 into law a bill on a single roaming system between Ukraine and the European Union. Ukraine’s parliament, the Verkhovna Rada, passed in late May the bill to fulfill one of the conditions for Ukraine’s European integration in the field of electronic communications. Talks on Ukraine’s accession to the … Read more
As of mid-June, Ukraine has accumulated more than 9 billion cubic meters of gas in underground gas storages, reported the press service of Naftogaz of Ukraine. This volume corresponds to the plan, the chairman of the board of the company Oleksiy Chernyshov said. The gas injection season began on April 1. In two and a half … Read more
Ukraine’s consultations with Eurobond holders on restructuring will soon take place outside the Steering Committee of the Ad Hoc Bondholder Committee, representing around 20% of the outstanding amount of Ukraine’s eurobonds, the Ministry of Finance reported on Monday. “During the upcoming weeks the Government of Ukraine will hold consultations with bondholders outside of the Steering … Read more
Ukraine and the ad hoc creditors committee, representing around 20% of the outstanding amount of Ukraine’s eurobonds, held negotiations and exchanged proposals for eurobonds restructuring from June 3 to June 14, but were unable to reach an agreement, including due to the unacceptability of the terms proposed by commercial creditors for the IMF and the … Read more