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BUSINESSOct 3US-Ukrainian fund unveils first critical minerals dealThe U.S.–Ukraine Reconstruction Investment Fund (URIF) jointly unveiled several investment projects on Oct. 2, including the first-ever critical minerals deal with Ukrainian company BGV Group Management.kyivindependent · ukraine
BUSINESSOct 2Ukraine Could Become Europe’s Storage Hub for US GasAn Atlantic Council analysis proposes using Ukraine’s underground storage network to distribute US gas across European markets. Existing import agreements provide a foundation, but expansion would depend on investment, infrastructure connections and security.kyivpost · ukraine
BUSINESSOct 2Investing in Europe’s next growth engineWith Western European investment becoming less dependable, Central and Eastern Europe faces a choice: attract new foreign capital, or do more to mobilize the investment potential within the region itself. The post Investing in Europe’s next growth engine appeared first on Atlantic Council.Atlantic Council
BUSINESSOct 2Codirlasu (CFA Romania): We should expect a slight depreciation of the leu in the coming periodThe leu could continue to depreciate slightly against the euro in the coming period, driven by the significant inflation differential between Romania and the eurozone; however, it is more likely to retain its "investment-grade" sovereign rati...stiripesurse_ro · romania
BUSINESSOct 2Ukraine receives EUR 2.9B under Ukraine FacilityUkraine has received EUR 2.9 billion under the Ukraine Facility.Ukrinform [en]
BUSINESSOct 2German retailer Globus stayed in Russia after the full-scale invasion. Now its Russian arm has put former German Chancellor Gerhard Schröder on its supervisory board.Former German Chancellor Gerhard Schröder has joined the supervisory board of Giperglobus LLC, which operates the Globus hypermarket chain in Russia. He will help manage the business and guide its strategic development in Russia, a spokesperson for the chain told RBC.Meduza [en]
BUSINESSOct 2New Russian Mobilization Could Leave Low - Skill Workers Poorer , KSE Institute SaysA new Russian mobilization could lead to lower economic status for low-skill workers, according to the KSE Institute.kyivpost.com · Ukraine
BUSINESSOct 1US hopes Belarus will force Canadian firms to lower pricesThe U.S. hopes that Belarus will exert pressure on Canadian firms to reduce their prices. This highlights an international economic and political maneuver aimed at influencing market costs.cen.acs.org · United States
BUSINESSOct 1Money transfers between Russia and Kazakhstan fall nearly 12-fold after EU sanctions on Zolotaya Korona payment serviceMoney transfers between Russia and at least two former Soviet republics — Kazakhstan and Georgia — fell sharply after the EU imposed sanctions on the operator of the Zolotaya Korona payment system in late July, according to data from regulators in both countries reviewed by RBC.Meduza [en]
BUSINESSOct 1Making the EU’s new industrial rulebook work for Central EuropeAs the EU rethinks its approach to industrial policy, Central Europe needs to make sure the shift strengthens the region’s manufacturing base. The post Making the EU’s new industrial rulebook work for Central Europe appeared first on Atlantic Council.Atlantic Council
BUSINESSOct 1€4 Billion Drone Plant Planned Near Thessaloniki - Novinite . comA 4 billion Euro drone manufacturing facility is planned for construction near Thessaloniki. This represents a substantial industrial investment in the region, potentially impacting the local economy and technology sector.novinite.com · Bulgaria
BUSINESSOct 1Peris Expects to Hit RON1B Turnover Threshold in 2028Peris is projected to reach a turnover threshold of RON1 billion by 2028. This forecast indicates significant business growth for the company.zfenglish.com · Romania
BUSINESSOct 1Poland positioning itself as gateway for Indian companies seeking wider EU market ( IANS Exclusive ) Poland is actively positioning itself as a primary gateway for Indian companies looking to access the wider EU market, highlighting a growing economic partnership. This signifies a strategic development in international trade relations.prokerala.com · India
BUSINESSOct 1They aren't uniformed, but these US companies are fighting for UkraineThis summer, Microsoft announced that “it will extend its provision of technology support to Ukraine through the end of 2027,” providing technology, cybersecurity support, and other assistance to "help Ukraine maintain essential digital services during the war.” Not only U.S. weapons, but a host of U.S. tech companies have gone to war in Ukraine. This includes PayPal, now one of the biggest multinational online payment systems in the world, which got into the act, cutting off access to all Russian accounts when Moscow invaded Ukraine in February 2022.Palantir initially offered its services to Responsible Statecraft
BUSINESSOct 1The €865 billion brainstorming sessionUkraine’s prime minister is warning of a $20 billion defense funding gap as Russia intensifies its attacks and Kyiv struggles to protect its skies and keep the country running. Zoya Sheftalovich and Sarah Wheaton look at just how much pressure Ukraine is under — from its military finances to farmers struggling to get their grain […]Politico Europe
BUSINESSOct 1Ukraine can play a key role enabling US energy exports to EuropeAs Russia expands the bombardment of Ukraine’s civilian infrastructure, changes are taking place in the country's energy sector with implications for the United States and the future shape of European gas markets, writes Stephen Blank. The post Ukraine can play a key role enabling US energy exports to Europe appeared first on Atlantic Council.Atlantic Council
BUSINESSSep 30The West tried to rein in Russian oil . What went wrongThis article examines the attempts by Western nations to control Russian oil exports and analyzes the reasons for their perceived shortcomings. It addresses the effectiveness of international economic sanctions and their geopolitical implications.shanghainews.net · China
BUSINESSSep 30Shmyhal meets with EBRD president: Energy companies need EUR 600M to stabilize balancing marketFirst Deputy Prime Minister and Energy Minister Denys Shmyhal and EBRD President Odile Renaud‑Basso met in Kyiv to discuss priorities for continued cooperation.Ukrinform [en]
BUSINESSSep 30Ukraine’s air-raid sirens can sound for 10 hours a day. Its economy minister says every hour costs $45 million.Air raid alerts warning of Russian attacks cost Ukraine about $45 million an hour, Ukrainian Economy and Environment Minister Oleksandr Kravchenko estimated in an interview with The Guardian. He said Ukraine sometimes spends up to 10 hours a day under alerts, which regularly force most businesses in the country to suspend operations while employees take shelter.Meduza [en]
BUSINESSSep 30Russian cosmetics brand Mixit’s CEO faces fraud charges amid dispute with former employee who says she co-founded the brandOleg Pai, CEO of Mixit, one of Russia’s most recognizable and successful cosmetics brands, was detained in Moscow on September 19. He is accused of fraud, and a court placed him under house arrest. Mixit co-founder Yelena Nazarova linked his detention to a corporate dispute. “We don’t understand how a civil dispute with our former employee could have turned into a criminal investigation. We see this as pressure on our business, as an attempt to seize control of the company,” she said. Forbes reported on the dispute with the former employee and how it might have led to Pai’s detention. Meduza sMeduza [en]
BUSINESSSep 30Russian police reportedly investigate organizer of canceled Kanye West concerts in St. Petersburg for possible fraudPolice are looking into possible fraud involving Moscow-based Say Agency, which was organizing concerts in Russia for rapper Kanye West, also known as Ye, Kommersant reported, citing an anonymous source.Meduza [en]
BUSINESSSep 30Ukrzaliznytsia CEO warns rail leaders to invest in resilience - Railway Gazette InternationalThe CEO of Ukrzaliznytsia has advised railway leaders to invest in resilience. This highlights the importance of robust infrastructure in potentially challenging environments.railwaygazette.com · United Kingdom
BUSINESSSep 30Tracing Illicit Cigarette Flows over Mountainous Bosnia-Montenegro BorderlandBIRN pieces together how smugglers use their intimate knowledge of mountain roads and monitoring of police movements to move illicit cigarettes from Montenegro into Bosnia and beyond.Balkan Insight
BUSINESSSep 30Europe’s energy security has a Black Sea opportunityA second Libyan crude delivery and plans to expand the Kulevi Oil Refinery show how Black Sea Petroleum could broaden Europe’s fuel supply options.Politico Europe