Ukraine Business Roundup – Trump wants Ukraine’s “rare earths”  

AI
By AI

This is a comprehensive weekly business newsletter from Ukraine, covering various news and trends in the country’s economy, technology, and politics. Here are some of the key points:

**Ukraine-Russia Conflict**

* Russia’s war on Ukraine has created parallel realities, with businesses growing alongside daily air raid sirens and Russian attacks.
* A report by Yelyzaveta Sekretarenko highlights small businesses near the front lines that contribute to a semblance of normalcy in their communities.

**Economy and Inflation**

* Ukraine’s inflation rate is expected to peak at 15% by mid-2025 before dropping to 8.4% by year-end, according to the Central Bank.
* The country’s largest private delivery company, Nova Poshta, invested $43 million to expand its network in 2024.

**Businesses and Privatizations**

* 93 companies have removed signs of Russian ownership and continue to do business in Ukraine despite a moratorium on altering registrations.
* Ukraine has announced an auction to privatize the state-owned Radiorele plant, which produces electromagnetic switches and relays.

**Technology and Innovation**

* A Ukrainian bakery chain, Lviv Croissants, opened its first French location in Cannes, marking the fifth country outside of Ukraine where it operates.
* The company’s expansion comes as Ukraine continues to innovate and grow its economy despite the ongoing conflict.

**Politics**

* The article mentions a statement by US President Donald Trump expressing interest in acquiring Ukraine’s rare earths, which are valuable minerals used in electronics and other high-tech products.

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