business

Ukraine’s EU energy market law may lower power bills – Ukrenergo

Ukraine’s grid operator Ukrenergo said a new law integrating the country’s energy market with Europe will strengthen energy resilience and could help lower electricity costs for consumers, following its signing by President Volodymyr Zelenskyy on Apr. 22.

22 April, 11:25 AM

Ukraine’s largest fabric producer enters Slovakia market with first shipment

TK Home Textile, part of the Textile-Contact Group, has delivered its first batch of domestically produced fabrics to Slovakia, the company said on Facebook on Apr. 17.

17 April, 06:15 PM

Russia to develop one of the world’s largest metal deposits in occupied Ukraine

Russian company Reale Engineering Invest will develop the Velyko-Tokmak manganese deposit in occupied Zaporizhzhia Oblast, The Moscow Times reported on Apr. 17.

17 April, 01:45 PM

Cyprus seeks EU help as tourism suffers from Middle East conflict

Cyprus hopes an upcoming European Union summit will help rescue its tourism sector, hit hard by the Middle East war, Politico reported on Apr. 17.

17 April, 11:44 AM

Norway oil exports jump 68% to record levels amid Iran conflict

Norway reported record oil exports of 57.4 billion kroner ($6.1 billion) in March, up 67.9% year on year, according to data from the Statistics Norway on Apr. 16.

16 April, 10:37 AM

Ukrzaliznytsia to launch trial Kyiv to Chisinau airport train service

Ukrzaliznytsia said it will launch a trial direct train service from Kyiv to Revaca station near Chisinau International Airport in cooperation with Moldovan railways on Apr. 11.

11 April, 11:04 PM

Interpipe supplies pipes for offshore wind farm in North Sea off UK coast

Ukraine’s Interpipe, owned by Viktor Pinchuk, has supplied pipes for a wind farm in the North Sea off the U.K. coast, with construction in its final turbine installation stage, the company said on Apr. 10.

10 April, 03:00 PM

Ukraine’s inflation accelerates in March to 1.7%, statistics agency reports

Ukraine’s consumer price growth accelerated to 1.7% in March from 1% in February and 0.7% in January, the State Statistics Service said, indicating a pickup in monthly inflation on Apr. 10.

10 April, 11:24 AM

Major pharmaceutical plant in Zakarpattia set to launch in 2026

Ukraine is set to launch the first phase of one of Europe’s largest pharmaceutical plants in Zakarpattia in September 2026, with Biopharma preparing production of medicines and immunobiological products, Prime Minister Yuliia Svyrydenko said on Apr. 10.

10 April, 10:25 AM

Nova Poshta expands network with new branches and parcel lockers in 2026

Nova Poshta stepped up investment in expanding its network across Ukraine in the first quarter of 2026, focusing on infrastructure and service capacity.

7 April, 03:49 PM

Major government program has failed as crisis deepens – lawmaker

Ukraine’s housing shortage has shifted from chronic to critical as of early 2026, lawmaker Danylo Hetmantsev, head of parliament’s finance, tax and customs committee, wrote in a column for NV on Apr. 7.

7 April, 10:19 AM

Ukraine develops breakthrough system to detect drones earlier than radar

A new-generation acoustic alert system developed in Ukraine can predict the exact moment and direction of incoming drones for mobile fire units, tech entrepreneur Oleksandr Kardakov said in an interview with NV on Apr. 6.

6 April, 01:45 PM

Seized titanium plant posts 2.5x higher losses

A mining and processing plant confiscated from Russian billionaire Mikhail Shelkov increased its net loss 2.5 times over the past year, Ukraine’s State Property Fund said on Apr. 6.

6 April, 01:20 PM

Pinchuk’s Interpipe acquires first European plant in Romania from ArcelorMittal

Ukrainian company Interpipe, owned by businessman Victor Pinchuk, has completed the acquisition of a Romanian pipe plant from ArcelorMittal, the company said on Apr. 2.

2 April, 04:38 PM

India quadruples imports of Venezuelan oil, emerging as top buyer

Indian refiners have become the largest buyers of Venezuelan oil, replacing China as the top importer after the United States took control over the country’s oil sales, Bloomberg reported on Apr. 2.

2 April, 02:36 PM

Russian drone hits enterprise in Ternopil Oblast, sparking fire

A Russian attack struck a business in Ternopil Oblast, local authorities said, reporting a hit on one of the enterprises in the Zalishchyky area on Apr. 1.

1 April, 04:12 PM

Major Russian clothing retailer closes 62 stores after Western brands exit market

One of Russia’s largest clothing and footwear retailers is rapidly scaling back operations, closing 62 stores in 2025, 2.6 times more than a year earlier, and cutting 15% of staff, The Moscow Times reported, with further closures planned in 2026.

30 March, 07:02 PM

France earns billions after selling gold stored in U.S.

The Bank of France recorded a one-off profit of nearly €13 billion from modernizing its gold reserves amid rising prices, selling 120 tons of gold held in New York, Reuters reported on March 27.

27 March, 02:37 PM

Ukrainian Railways signs $5M deal with Polish partner PKP Intercity

Poland’s PKP Intercity has signed a cooperation agreement with Ukrainian Railways under which the Ukrainian company will operate passenger services in Poland as part of cross-border connections between the two countries, Rynek Kolejowy reported on March 26.

26 March, 03:11 PM

Ukraine holds Europe’s largest reserves of three EU-critical minerals

Ukraine holds deposits of 25 of the EU’s 34 critical raw materials, with the largest reserves of graphite, titanium and manganese in Europe, according to a study by Green Deal Ukraine on the country’s potential in the energy transition on March 24.

24 March, 04:47 PM

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