Ukrainian legislation has always required construction companies to obtain licenses for construction and installation works of average consequence (СС2) and significant consequence (CC3) facilities. These construction categories include multi-apartment residential buildings over 100 meters high, large public buildings, industrial facilities, universities, colleges, schools, preschools, shopping malls, hospitals, and other major construction projects. Whether a construction […]
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Posted inInvestment
Turkish industrial equipment company Dalgakiran invests $10 million in new Ukrainian facility
Turkish industrial energy equipment company Dalgakiran Kompresör has unveiled a major new production and maintenance facility close to the Ukrainian capital. The company invested UAH 400 million (approximately $10 million) in the construction of the plant, making it one of the largest single investments in the Kyiv region since the onset of Russia’s full-scale invasion […]
Posted inNews
UN e-government survey ranks Ukraine fifth globally for development of online services
Ukraine ranks fifth globally in the Online Service Index category of the new United Nations E-Government Survey, which was released in mid-September. The 2024 edition of the annual survey of the digital government landscape across 193 UN member states marked a new high for Ukraine, which was in the 102 position in the same category […]
Posted inIndustry
Boeing and Ukraine’s Antonov sign agreement to partner on defense projects
Boeing has this week signed a landmark Memorandum of Understanding with Ukrainian aerospace giant Antonov that could pave the way for collaboration on a range of defense-related projects including the development of new drone technologies. “This agreement demonstrates our ongoing efforts to find more opportunities to work with Ukrainian industry, which was underscored by our […]
Posted inEconomy
Ukraine reaches $20 billion debt restructuring deal with key bondholders
Ukraine has struck a deal with a number of private creditors to restructure more than $20 billion in debt and avoid a potential financial crisis that could have had grave consequences for the country’s war effort. According to the preliminary agreement reached on July 22, bondholders have accepted nominal losses of thirty seven percent. The […]
Posted inSecurity
Germany announces controversial plans to cut funding for Ukraine by half in 2025
Germany has announced plans to reduce military aid to Ukraine by half in 2025, despite fears that US support for Kyiv could potentially diminish if Donald Trump wins America’s presidential election in November. German support for Ukraine is set to fall to four billion euros in the coming year compared to eight billion euros in […]
Posted inGeopolitics
New British government underlines continued commitment to Ukraine
Britain will remain a key supporter of Ukraine, UK government officials have stressed following the Labour Party’s landslide July 4 election victory. Since taking office, Britain’s new Prime Minister Keir Starmer has repeatedly emphasized his government’s “unwavering commitment” to Ukraine and has welcomed Ukrainian President Volodymyr Zelenskyy to Downing Street. Starmer has long been an […]
Posted inSport
Euro 2024: Ukraine’s football stars head to Germany aiming to boost wartime morale
The Ukrainian national football team are heading to the UEFA European Championship in Germany this summer aiming to boost national morale and give war-weary Ukrainian audiences something to cheer. Head coach Serhiy Rebrov’s team claimed a berth at Euro 2024 thanks to playoff victory over Iceland in March. They will now be hoping to build […]
Posted inInfrastructure
Ukrainian drones “have knocked out 600,000 to 900,00 barrels” of Russia’s daily oil-refining capacity
Industry experts estimate that Ukraine’s campaign of long-range drone strikes on Russia’s energy industry has already succeeded in knocking out between 600,000 and 900,000 barrels of Russia’s daily oil-refining capacity, Bloomberg reports. Speaking at a conference in Houston on March 18, Gunvor Group CEO Torbjörn Törnqvist estimated the recent wave of Ukrainian drone attacks had […]
Posted inEconomy
For the first time ever, Ukraine has passed the winter heating season relying exclusively on domestic gas
The Ukrainian energy sector reached a significant milestone on 1 March, 2024. The arrival of spring meant that for the first time in the country’s independent history, Ukraine passed the entire winter heating season relying exclusively on domestically produced gas. “The first day of spring. This means that we spent the winter entirely on Ukrainian […]