Ukrainian entrepreneurs who have accounts in the American bank Mercury have received letters of termination of service. Ukrainian entrepreneur and founder of Petcube Yaroslav Azhnyuk shared the news on his LinkedIn page. The letter from the bank states that the decision is related to recent changes in the bank’s policy, which prohibits opening and maintaining … Read more
American defense contractor Northrop Grumman and Ukrainian defense conglomerate Ukroboronprom signed an agreement to build a new medium-caliber ammunition production facility in line with NATO standards, President Volodymyr Zelenskyy’s office reported on July 11. The announcement was made after a meeting between President Volodymyr Zelenskyy and top executives of leading defense companies, including BAE Systems, … 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
Ukraine has limited the import of livestock products from Sweden and the United States due to the registration of bird flu, the Eastern Interregional Main Directorate of the State Service of Ukraine on Food Safety and Consumer Protection reported, citing the order of the state veterinary inspector. According to the message, from January 9, the … Read more
The state enterprise Energoatom has completed preparations for the complete transfer of power units of Ukrainian nuclear power plants to American Westinghouse nuclear fuel. “Since February 2022, we have accelerated the process of transferring all reactors of domestic nuclear power plants to American fuel. Currently, all the necessary work has been almost completed. This is … Read more
In Ukraine, a nuclear reactor will be built at the Khmelnytskyi nuclear power plant: it will be the first to use American AP1000 technology – Ministry of Energy of Ukraine. According to reports, the day before, the president of Energoatom, Petro Kotin, and the chief executive officer of the Westinghouse Electric company, Patrick Fragman, signed … Read more
The USAID Competitive Economy Program has launched a grant program to create and support associations of enterprises in export alliances with a total funding of $1.5 million, the Ministry of Economy reported on May 12. The program is designed to support businesses that seek to jointly promote their products in international markets. “Given the blocking of Ukrainian exports and … Read more
At the beginning of February, a batch of USA-produced diesel fuel arrived in Ukraine, making it the first case of import of American oil products in the history of the Ukrainian market, enkorr reports, citing the Ukrpaletsistem (UPG). “A tanker with a deadweight of 100,000 tons was accepted at the port of Hamburg, from where … Read more
The American Chamber of Commerce in Ukraine (ACC) after a survey of 103 companies out of 633 of its members found that 41% continue to work fully, 50% work partially, while 29% of respondents transferred their business to other regions of Ukraine and 19% – abroad. “After 50 days of the war: 41% of Ukraine … Read more
Poland’s PGNiG has purchased a shipment of liquefied natural gas (LNG) from the United States for delivery to the Ukrainian border for ERU Europe, ERU Trading said in a press release on Tuesday. “The ship with American LNG will arrive at the President Lech Kaczyński LNG Terminal in Świnoujście at the end of February this … Read more