Ukraine Strikes Russian Rocket Centre Supporting Starlink-Style Network

Ukraine is preparing to offer preferential recovery loans to large businesses affected by Russian strikes, according to Interfax-Ukraine. The Economy and Environment Ministry intends to provide these loans at a 10% annual interest rate. Deputy Economy Minister Vitaliy Kindrativ confirmed that the new loan program is being finalized.

Andriy Telyupa, an adviser to the economy minister, explained that the changes were developed in consultation with representatives of the fuel and retail industries. Telyupa stated that the goal is to extend the program to all businesses, regardless of size, so that large businesses can also secure cheaper loans for recovery. The Cabinet of Ministers' Resolution No. 594, enacted in April 2026, initially approved a pilot project to provide state financial support for businesses engaged in distributed generation.

This support includes compensation for interest rates exceeding 10% on loans for constructing new generating capacity, energy storage systems, and related infrastructure. Yaroslav Starovoitenko, president of the Oil and Gas Association of Ukraine, emphasized the need for state-backed loans to rebuild oil depots and install underground storage tanks.

He estimated that the cost of such a project could reach $2 million, or up to 100 million hryvnias. Starovoitenko proposed offering loans up to 100 million hryvnias per facility at a 10% annual interest rate, with a maximum loan term of five years. Existing oil depots already possess necessary infrastructure, logistics, land, and other resources.

Danylo Hetmantsev, head of the Verkhovna Rada Committee on Finance, Tax, and Customs Policy, confirmed that the government's 5-7-9 preferential lending program would be expanded to include large businesses. Lawmaker Olha Vasylevska-Smahliuk stated that the Economy Ministry would enhance the war-risk insurance mechanism for businesses and develop a loan program for large businesses at 10% interest.

Co-owner of Rozetka, Iryna Chechotkina, whose logistics complex was destroyed in a Russian strike, requested a deferral in tax payments to facilitate recovery efforts.