Yana Prots
Articles
Russia proposes resuming direct flights with US during talks in Turkey, Reuters reports
Russia has suggested resuming direct air travel with the United States during diplomatic talks in Istanbul, Reuters reported, citing the Russian Foreign Ministry.
German drone manufacturer Quantum Systems plans to double production in Ukraine
Quantum Systems, a German drone manufacturer operating two plants in Ukraine, plans to double its drone production in the country, Ukraine's Strategic Industries Ministry announced on Feb. 14.
Director of popular Ukrainian online casino detained over company ties to Russia
Ukraine’s State Bureau of Investigation (SBI) has detained the director of popular online casino Pin-Up over its alleged Russian ownership and business in Russia, the agency announced in a press release on Feb. 14.
‘A push for Ukraine’s capitulation’ – Baltic, Eastern Europe react to Trump’s rush to negotiate peace with Putin
Editor's note: The article was updated on Feb. 14 to include the Latvian Foreign Ministry's comments. European nations, particularly Ukraine’s neighbors and the Baltic states, were stunned when the U.S. President Donald Trump suddenly announced the start of peace negotiations with Russian President Vladimir Putin to end the
EU-Ukraine agri-trade reaches record $17 billion in 2024
Agricultural trade between Ukraine and the EU reached $17 billion in 2024, exceeding the previous record of $16.5 billion in 2022 by 3%, the Kyiv-based research Institute of Agrarian Economics (IAE) reported.
European stock and currencies rise on Ukraine peace deal hopes, Reuters reports
Europe's main stock market and currencies are gaining amid growing optimism about a peace deal between Ukraine and Russia, Reuters reported on Feb. 13.
US-based CourtAvenue acquires Ukrainian AI firm BotsCrew
CourtAvenue, an American artificial intelligence solutions company ranked among the fastest-growing private companies in the U.S., has acquired a controlling stake in BotsCrew, a Ukrainian company that develops chatbots for business, BotsCrew announced in a press release on Feb. 11.
London-based digital bank Revolut officially launches in Ukraine
British fintech company Revolut officially launched its services in Ukraine after a beta testing phase, introducing a special Clear Sky debit card in Ukraine's national blue and yellow colors, the company announced on its website on Feb.11.
Ukraine's stocks hit pre-war levels on the Warsaw Stock Exchange, Polish media reports
WIG Ukraine, Ukrainian companies' stock price index on the Warsaw Stock Exchange (WSE), rose by almost 25% in a few days, reaching pre-war levels, Polish media outlet Puls Biznesu reported.
2 Russian oligarchs sell Alfa-Bank stakes hoping to escape EU sanctions, FT reports
According to documents obtained by the FT, Mikhail Fridman and Petr Aven sold their stakes for about Rbs 240 billion ($2.5 billion).
Euroclear to send 2-billion-euro tranche of Russian assets profits for Kyiv
Belgian clearing house Euroclear said in a statement on Feb. 5 that the second payment is expected to be made in March and should amount to approximately 2 billion euros.
DVL Group, owner of Ukraine’s third-largest mobile operator Lifecell, plans to cut 15% of IT staff following merger
Ukraine's newly formed telecommunications company DVL Group is planning to cut 15% of its IT department due to business consolidation and optimization, the company told Economichna Pravda.
Almost 3 times more people died in Ukraine than were born in 2024, data shows
Ukraine registered 495,090 deaths of various causes in 2024, which is almost three times more than were born, according to data published by the Justice Ministry.
Ferrexpo's Ukraine subsidiary hit with $3.8 billion civil claim
The Ukrainian subsidiary Poltava Mining (FPM) of London-listed Ferrexpo said a civil claim for Hr 157 billion ($3.78 billion) was filed against it over illegal mining in Ukraine and the sale of waste products.
Ukraine announces privatization auction of country’s largest electromagnetic switch manufacturer
The auction, which is for a 100% stake in the plant, will be held on Feb. 4. Its starting price is Hr 234.4 million ($5.6 million), which includes debts for the last six months.
Ukrainian bakery Lviv Croissants opens first French location in Cannes
Ukrainian cafe chain Lviv Croissants opened its first restaurant in Cannes, France, making it the fifth country outside of Ukraine where it now operates, the company said in a press release on Feb. 3.
Ukraine’s inflation set to peak by mid-2025, cool to 8% by year-end, central bank says
Ukraine’s inflation rate is expected to peak at 15% by mid-2025 before dropping to 8.4% by year's end, Ukraine’s Central Bank said on Jan. 31.
Ukrainian defense tech company Huless raises over $1 million for tethered drone systems
Huless, a Ukrainian company developing tethered drone systems, secured over $1 million in private financing, loans, and a grant from Ukrainian Defense Tech cluster Brave1, the company said in a press release on Jan. 30.
Ukraine’s parcel delivery giant Nova Poshta invests $43 million to expand network in 2024
Ukraine's largest private delivery company Nova Poshta invested Hr 1.8 billion ($43 million) to expand its Ukrainian network in 2024, a 35% increase from 2023, the company announced on social media.
Nearly 100 companies in Ukraine quietly change Russian ownership in 6 months, monitoring service reports
Within the last six months, 93 companies in Ukraine have removed signs of Russian ownership and continue to do business in the country, despite a moratorium on altering the registration of companies with Russian owners, the monitoring service Opendatabot reported.
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