Business

Unveiling the hidden figures: the real scope of Russian oil exports
New insights show Russia’s oil export picture far more complex than reported — with shadow fleets moving over 60% of shipments and shifting buyer dynamics reshaping global energy flows. empr.media
Aug 21, 2024

Construction of fortifications: one-day firms, “classified” criminal cases and juggling budgets of regional administrations
Public attention to the construction of fortifications was initially sparked by the Russian offensive in the Kharkiv region in May. It was then revealed for the first time that some fortifications existed only on paper, despite the state already spending…
Aug 13, 2024

Russian crude oil export realities
Did everyone read that Russia has been significantly reducing its maritime oil exports lately? With references to well-known Western agencies and analytical centers? – This is not entirely true, unfortunately. Andrii Klymenko investigates. The facts from our monitoring results show…
Aug 5, 2024

The National Military Cemetery will be built by a company that was established a day after the tender announcement
The National Military Cemetery will be built by a company that was established a day after the tender was announced. The first phase of the construction of the memorial cemetery will cost the state 1.8 billion UAH (44 mln US…
Aug 2, 2024

Thanks to NABU and SAP, an Italian castle owned by Russian-origin businessman Fedorichev has been seized
According to information from the National Anti-Corruption Bureau of Ukraine and the Specialized Anti-Corruption Prosecutor’s Office, Italian authorities have seized assets belonging to a Russian-origin businessman who is a suspect in a case involving over $60 million in damages to…
Jul 31, 2024

Hungary calls Ukraine’s decision to halt transit of Russian oil by Lukoil “unacceptable”
Hungarian Foreign Minister Péter Szijjártó criticized Ukraine’s decision to block the transit of oil from the Russian company Lukoil through its territory. He expressed his opinion on July 22 at a press conference in Brussels, where he attended the EU…
Jul 22, 2024

The Polish state company sold components for Shahed attack drones to Iran
Journalists discovered that Wytwornia Sprzetu Komunikacyjny Poznan, owned by the State Agency for Industrial Development, sold fuel pumps to Iran Motorsazan, which manufactures tractors. This is reported by Radio Zet. However, these components later ended up in combat drones used…
Jul 18, 2024

India is the absolute champion in maritime imports of Russian bloody crude oil
The most important peacekeeper: India is the absolute champion in maritime imports of Russian bloody crude oil, Andrii Klymenko found out. In May 2024, India imported – according to our own monitoring – 7.1 million tons of crude oil from…
Jul 12, 2024

How Russia finances greek business. Dedicated to the adherents of the “Shadow Fleet” sect
In May 2024, not “shadowy,” but completely transparent tankers belonging to Greek shipowners, a member of the EU and NATO, transported: – Russian crude oil from Russian ports in the Baltic Sea – 3.4 million tons (30.55% of the total…
Jul 6, 2024

EDS Ukraine is postponing investments in a new factory due to raids and plans to relocate production to the Czech Republic
At the beginning of this year, the EDS Ukraine group, under the leadership of Oleksandr Zapyshniy, planned substantial investments in constructing a new factory for manufacturing high-power transformers and chargers for electric vehicles. They aimed to sell their products not…
Jul 6, 2024

The agribusiness of the Saudi Arabian government continues to purchase assets in Ukraine
The Ukrainian agribusiness “Continental Farmers Group,” owned by the Saudi state fund Salic, has acquired a linear-type elevator complex in the Lviv region. The grain storage facility will be used to store grains and oilseeds cultivated by the company, as…
Jul 3, 2024

The World Bank has Reclassified Ukraine as an Upper-Middle-Income Country
The World Bank has reclassified Ukraine into the category of upper-middle-income countries, with the country’s income estimated at $5,070 per capita, censor.net reports. This reclassification is reflected in the World Bank’s income level classification for the 2025 financial year, according…
Jul 2, 2024