Last week, entrepreneurs received 412 soft loans totalling UAH 1.8 billion from authorised banks under the state programme “Affordable Loans at 5-7-9%”, including 330 loans from public sector banks for about UAH 1.2 billion. Since the beginning of 2024, entrepreneurs have received 14,645 loans worth UAH 55.2 billion under the Programme, including 11,101 loans worth…
Prime Minister of Ukraine Denys Shmyhal met with U.S. Senators Lindsey Graham (Republican Party) and Richard Blumenthal (Democratic Party). The Head of Government of Ukraine noted that continued bipartisan support of the United States was crucial for Ukraine in the future. He also thanked the Senate for voting for the initiatives that were essential for…
Finance Minister Serhii Marchenko called on Western allies to speed up the allocation to Ukraine of a $50-billion loan, arguing that delays in arms deliveries had led to a rising budget deficit. The minister spoke in a comment to the Financial Times. According to him, the slow supply of weapons, especially from the United States,…
Deputy Ministers of Energy of Ukraine Svitlana Hrynchuk and Roman Andarak held a working meeting with a delegation of the U.S. House of Representatives. Roman Andarak told the American partners that since the beginning of the russian invasion in 2022, the enemy had systematically attacked Ukraine’s thermal, hydroelectric, gas and solar power generation. “The situation…
The Ukrainian gas transmission system successfully passed independent stress tests in 2023 and 2024, where a transit halt was simulated. This was reported by the press service of Gast TSO of Ukraine, the national GTS operator. “During the two independent international stress tests run in 2023 and 2024, various scenarios of GTS operation were simulated,…
Fifty-nine Ukrainian tech companies will receive grants worth EUR 2 million from Seeds of Bravery, the press service of the Ukrainian Ministry of Digital Transformation has announced this on Telegram. As noted, 59 Ukrainian tech companies have attracted funds from the European Innovation Council’s Seeds of Bravery grant program to scale innovations. Startups in the…
Oleksandr Kamyshin, Ukraine’s Minister of Strategic Industries, has reported that Ukroboronprom, the state-run defence concern and strategic manufacturer of weapons and military hardware in Ukraine, has entered the top 50 global defence companies in Defense News ranking for the first time. “The ranking is compiled annually by Defense News. Last year, Ukroboronprom was ranked 65th,…