Business
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 Foreign Affairs Council meeting, as quoted by Magyar Nemzet. Szijjártó noted that this route supplies crude oil not only to […]
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 by Russia to attack Ukraine. The pumps are dual-use items, but they were exported without the necessary permit from the […]
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 Russian ports in the Baltic (5.7 million tons) and Black (1.4 million tons) Seas. This is 47.6% of the total […]
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 volume – an absolute 1st place); 29 tankers were recorded and identified. – Russian petroleum products from Russian ports in […]
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 only in Ukraine but also in the Eurozone, with future plans to penetrate the US market. The first phase involved […]
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 stated on their website. The elevator has a single storage capacity of 120,000 tons, of which 77,000 tons are stored […]
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 to Forbes. The World Bank divides the world’s economies into four income groups: low, lower-middle, upper-middle, and high. The classification […]
290 microelectronic components manufactured by more than 25 foreign companies were found in the North Korean ballistic missile fired by Russia against Ukraine. According to Censor.NET, this was reported by director of Kyiv Scientific Research Institute of Forensic Expertise Oleksandr Ruvin. “For example, just one fragment identified as a sample of a North Korean ballistic missile contained 290 foreign-made microelectronic components. These components mostly ensure navigation of the missile, they are produced […]
So, who said that international sanctions do not work? Gazprom is starting to sell off its property! Due to a record loss in its history, Gazprom is starting to seel off its propertyand has announced the search for buyers for large real estate properties in Moscow and the Moscow suburbs. Among them are office buildings on Stroiteley Street, the huge sanatorium-resort complex “Imperial Park Hotel & SPA” in […]
USD 25 thousand each for development: two enterprises in Mena, Chernihiv Oblast, received grants. For the first time since the beginning of the full-scale invasion, a new enterprise has started operating in the Menshchyna region, SUSPILNE reports. It is a garment factory opened by local resident Vasyl Kondakov. He submitted his project to the American PEARL grant program and won […]
Ukrainian farmers that produce grain need government support now. This opinion was expressed by Dmytro Solomchuk, MP, member of the Verkhovna Rada Committee on Agrarian and Land Policy, AGRO PORTAL reports. He noted that Ukrainian farmers are currently in a difficult situation: low prices for agricultural products due to logistical problems and, at the same time, high over-indebtedness of the […]
Belgium intends to create a special fund to support Ukraine in the amount of 1.7 billion euros this year, using the proceeds from the retention of frozen Russian assets in the country. This was stated by Belgian Prime Minister Alexander de Croo at a joint press conference with President of Ukraine Volodymyr Zelenskyy in Brussels, an UKRINFORM correspondent reports. “The […]