Electric scooter rental provider Tuul Mobility OU has filed for bankruptcy after being unable to pay bond interest. Tuul had been a competitor to Bolt in the e-scooter rentals market for several years. The company on March 27 filed for bankruptcy with the Harju County Court. “I sincerely regret and apologize to investors that, despite…
Since the launch of the Ray of Hope project, solar power plants have been installed and are generating electricity at 56 healthcare facilities, 14 of which are located in frontline regions. The total capacity of the installed equipment is 5,219 kW. Work is currently underway at 83 additional facilities, with three of them entering the…
Ukraine’s Minister of Finance Sergii Marchenko met with Vice President for Policy and Partnerships of the European Bank for Reconstruction and Development (EBRD) Mark Bowman. The meeting was also attended by Ukraine’s Deputy Ministers of Finance Olga Zykova and Yuriy Draganchuk. From the EBRD side, participants included Managing Director for Ukraine and Moldova Arvid Turkner,…
According to data from Eurostat, food prices in the European Union were the highest in Luxembourg in 2024, while Estonia ranked ninth in price levels among the bloc’s 27 countries. Eurostat noted that in Luxembourg, food prices stood at 126% of the EU average, followed by Denmark, Ireland, France, Malta and Austria. Finland ranked seventh…
Members of the Parliament on March 26 voted in the second reading on amendments to the Law on the Giurgiulesti International Free Port, declaring it a strategic infrastructure objective. The measure provides more favorable conditions for development, attracting investments, and expanding the port’s logistics capacities. The draft law, developed by the Ministry of Economic Development…
On March 26, the Minister of Economy, Environment and Agriculture of Ukraine Oleksiy Sobolev met with representatives of the EBRD, in particular, EBRD Vice-President for Policy and Partnerships Mark Bowman and EBRD Managing Director, Ukraine and Moldova, Arvid Turkner. The meeting participants discussed the current needs for financing critical infrastructure, external financing needs for 2026-2027,…
On March 25, the sixteenth meeting of the Steering Committee of the Ukraine Donor Platform took place. Representatives of the Government of Ukraine, G7 countries, the European Union, and international financial institutions held the event in Kyiv. Participants included Prime Minister of Ukraine Yulia Svyrydenko, Co-Chair of the Platform from Ukraine; Minister of Finance Sergii…