Baykar has received the necessary licences from Turkish authorities to manufacture TB2 and Akıncı drones in Ukraine – Akit

The factory is expected to open in 2025, with total planned investments amounting to $95.5 million

State Recovery Agency announces first bids for reconstruction of damaged multi-storey residential buildings

The first tenders for the restoration of residential infrastructure objects in Bucha, Makariv, Vyshgorod and administrative buildings in Borodianka have been announced in the public procurement system Prozorro

BlackRock and JPMorgan are planning to present the Ukrainian Bank for Reconstruction and Development project this week – Financial Times

Its aim is to attract billions of dollars in private investment to support Ukraine's recovery projects

Investment market digest for the week

Key M&A market and macroeconomic news from 12 to 16 June

During the first half of the year since the full-scale invasion began, the number of traders and suppliers in the energy market has halved – the CEO of JSC ECU

In conditions of constant attacks and destruction, trading as a business has suffered a devastating blow. The liquidity of many companies could not withstand such pressure

The ECB is expected to raise interest rates by 25 basis points – Trading Economics

It is noted that this will lead to an increase in borrowing costs to the highest level since the financial crisis of 2008, and also confirm the acceleration of quantitative tightening of monetary policy

Canada opens new market for Ukrainian products – State Food and Consumer Service

A new market intended for the sale of Ukrainian products, specifically milk and dairy products, in Canada

The Czech Republic plans to take on the patronage of restoration of Dnipropetrovsk Oblast – Matula

According to the ambassador of the Czech Republic in Ukraine, this region ranks third in the concentration of Czech companies (after Kyiv and Lviv oblasts)

Annual inflation in the US is likely to fall to 4.1% in May 2023 – Trading Economics

This is expected to be the lowest figure since March 2021

UBS completes acquisition of Credit Suisse to create Swiss Titan bank

The absorption of Credit Suisse ends the lender's 167-year independent existence

Kyiv residents purchased 35% of new cars sold in Ukraine over the month – UkrAutoProm

The top five regional markets for new cars in Ukraine include: the city of Kyiv, Dnipropetrovsk, Kyiv, Odessa, and Kharkiv oblasts

Investment market digest for the week

Key M&A and macroeconomic market news from 5 to 9 June

Kyiv announces first land e-auctions – Kyiv City State Administration

The first 3 land plots have been listed for lease auction

The UK plans to create a war risk insurance scheme for Ukraine's recovery – Bloomberg

The country aims to persuade investment companies, as well as tech, energy, and defence firms to support Ukraine's recovery with billion-pound aid

As of May 1, the share of NPL stood at 39.3% – Hetmansev

In April, the volume of NPL increased by 1.2 billion UAH to 435.3 billion UAH, and their share of the total credit portfolio grew by 0.5 percentage points to 39.3%