Ukraine’s National Agency on Corruption Prevention or NACP has declared French corporation Auchan Holding an international sponsor of war, the agency reported on Feb. 23. The corporation was added to the list as it had refused to stop financing the terrorist state since the beginning of Russia’s full-scale invasion of Ukraine and continues to operate in Russia. … Read more
The World Bank will provide $50 million in funding to repair Ukrainian transport infrastructure destroyed by Russian attacks, the organization said in a message on its website on Feb. 10. “The World Bank announced today a new $50 million project to repair and restore Ukraine’s transport network to support immediate humanitarian relief and recovery, and … Read more
Ukraine’s National Agency on Corruption Prevention or NACP has declared U.S. multinational consumer goods corporation P&G (Procter & Gamble) an international sponsor of war, according to the agency’s list of such sponsors, published on the official website. The corporation was added to this list because it continues to operate in Russia, according to Ukraine’s Economic Security Council, … Read more
The total amount of documented direct damage to Ukraine’s infrastructure caused by the full-scale war with Russia is estimated at $137.8 billion (replacement cost) as of December 2022, a study by the Kyiv School of Economics published on Jan. 24 has found. Compared to the latest estimates as of November 2022, the total amount of losses has … Read more
The total direct damage caused to the agricultural industry of Ukraine due to the full-scale Russian invasion amounted to $9.3-9.8 billion by the end of 2022. As reported on the website of the National Academy of Agrarian Sciences of Ukraine (NAAS), this figure includes damage from the blockade of Ukrainian seaports and forced changes in … Read more
80% of Ukraine’s wind power generation capacity has been knocked out of order or captured, Ukrainian deputy energy minister Yaroslav Demchenkov said in an article for Ukrainian business publication Ekonomichna Pravda. According to the official, as of Feb. 24, 2022, the total capacity of Ukrainian wind power plants (excluding the temporarily occupied territories of Donbas … Read more
Russia’s full-scale invasion of Ukraine has already caused $700 billion in damage, Ukrainian PM Denys Shmyhal said during a cabinet meeting on Jan. 3. Shmyhal noted that at the beginning of June 2022, that amount was estimated at around $350 billion. “Given the latest attacks on our infrastructure, today this amount exceeds $700 billion,” the … Read more
A McDonald’s restaurant in Bucha that was damaged by Russian invasion forces in March has reopened, the U.S. fast food giant reported on Dec. 24. “For our team, it was extremely important to restore the restaurant as soon as possible in order to support the local community, return regular services and favorite foods, and take … Read more
Nova Poshta, whose two depots have been significantly damaged by Russian drones over the past three weeks, has resumed major construction projects begun before the war, Viacheslav Klimov, the co-owner of the postal operator, said. “Even before the war, we launched our large construction projects, now we have resumed them and are building very quickly,” … Read more
As a result of the Russian full-scale invasion, 90% of wind energy facilities and 45-50% of solar energy facilities have been put out of service in Ukraine. The relevant statement was made by Ukrainian Energy Minister German Galushchenko in an interview with We-Ukraine Channel. “Green energy is probably the most affected industry, as most of our capacities … Read more