Germany’s defense company Rheinmetall plans to build a new factory for the production of artillery ammunition in Ukraine. The German arms manufacturer and a Ukrainian partner company signed a respective declaration of intent on the sidelines of the 60th Munich Security Conference. “We want to be an efficient partner for Ukraine in rebuilding the once…
Ukrainian Energy Minister German Galushchenko and United States Secretary of Energy Jennifer Granholm have discussed cooperation in the nuclear industry between the two countries. The relevant statement was made by the Ukrainian Energy Ministry. The parties noted the success of Ukrainian-American cooperation in the nuclear industry and stressed the need to deepen and expand it.…
The Ministry of Economy of Ukraine and the World Bank are working to mobilise $500 million to finance projects to support Ukrainian businesses in 2024. This issue was discussed during a meeting between the team of the Ministry of Economy of Ukraine and the World Bank mission headed by Arup Banerji, the World Bank Regional…
Ukraine’s trade turnover in January was $8.5 billion, up by 7% YoY, the State Customs Service reported. “In January, Ukraine imported goods worth $5.1 billion and exported $3.4 billion. At the same time, taxed imports amounted to $4.5 billion, which was 90% of the total volume of imported goods,” the statement said. Most of the…
In 2023, banks were charged UAH 73.5 billion in income tax, up 10-fold YoY. This was reported by Danylo Hetmantsev, Chairman of the Verkhovna Rada Committee on Finance, Taxation and Customs Policy, in a Telegram message. “The accrued income tax in 2023 amounted to UAH 73.5 billion, which is 10 and 11.5 times more than…
Ukrainian Danube Shipping Company has built another large-capacity SLG barge, using old lighter vessels (small 40-meter barges). The first SLG barge was set afloat in late 2023. The relevant statement was made by the Ukrainian Communities, Territories and Infrastructure Development Ministry on Facebook. “In 2023, the team of Ukrainian Danube Shipping Company, for the first…
Building solid defensive borders is one of the main goals of defence policy. This was emphasised by Prime Minister Denys Shmyhal during a Government session on February 13. “Since the beginning of 2024, the Government has allocated UAH 20 billion from the state budget reserve fund for fortifications. Additional resources from other sources of funding…