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Investors have mostly stayed away from Ukraine since the start of the full-scale invasion, but the tides are turning, according to a new report from KPMG Ukraine, an accounting organization based in Kyiv. The first half of 2024 saw 25 mergers and acquisitions (M&As) bringing in $510 million, up from 24 M&As worth $390 million in the first half of last year. More deals can be expected throughout the year, KPMG believes, as Ukraine’s economy gradually recovers from a sharp drop of 29% in gross domestic product at the start of the full-scale war. Continued energy blackouts and $20 billion in outs…

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