Ukrainian PM, UK Chancellor of the Exchequer discuss Ukraine’s power equipment needs
Ukrainian Prime Minister Denys Shmyhal and United Kingdom Chancellor of the Exchequer Jeremy Hunt have discussed Ukraine’s power equipment needs.
Economy
Britain's aid to Ukraine already over $2.5B
Since Russia’s full-scale invasion of Ukraine, the United Kingdom has provided unprecedented aid to Ukraine, being one of the key donors of direct budget support worth more than $2.5 billion.
One in five economic criminal proceedings closed in Ukraine after audit – President’s Office
In Ukraine, one in five criminal proceedings related to the economic sector was closed following an audit recommended by the National Security and Defense Council (NSDC).
Economy ministry expects to sign ACAA Agreement with EU as soon as possible
The Ukrainian Economy Ministry is working to accelerate the signing of the Agreement on Conformity Assessment and Acceptance of Industrial Products (ACAA) with the European Union.
24 April 2024
Gas prices for household consumers to remain unchanged: Naftogaz extends fixed tariff rates for another year
Until April 30, 2025, those household consumers who are customers of Gas Supply Company ‘Naftogaz of Ukraine’ LLC will buy natural gas for UAH 7.96 per cubic meter.
Ukraine’s infrastructure ready for any pace of biomethane industry development – Naftogaz
Ukraine’s current opportunities for connecting biomethane plants to networks are sufficient for any pace of development in the industry.
Ratification of Digital Trade Agreement with UK to deepen Ukraine's participation in global economy – Svyrydenko
The ratification of the Digital Trade Agreement between Ukraine and the United Kingdom by the Verkhovna Rada will deepen Ukraine's participation in global supply chains and promote the development of small and medium-sized businesses.
Naftogaz interested in investing in green energy development
Naftogaz Group is planning to consider increasing investment in the development of the renewable energy sector.
Ukraine gets EUR 1.5B from EU under Ukraine Facility program
Today, the European Commission transferred EUR 1.5 billion to Ukraine within the framework of the Ukrainian Facility worth a total of EUR 50 billion, set up in the EU’s multi-year budget.
Economy ministry: Ukraine, Brazil planning to increase trade turnover between the countries
Ukraine and the Federative Republic of Brazil are planning to intensify economic cooperation and increase trade turnover between the two countries.
ARMA identifies seller of Medvedchuk's yacht
The Commission for the Competitive Selection of Legal Entities for the Sale of Seized Assets has selected Troostwijk Auctions as the seller of the Royal Romance yacht.
23 April 2024
Head of PO discusses investment prospects in Ukraine with CRH Group delegation
Head of the Presidential Office Andriy Yermak met with a delegation of the international group of companies CRH and discussed the prospects of investing in Ukraine.
European Parliament votes to extend trade liberalization for Ukraine
The European Parliament on Tuesday endorsed the extension of temporary trade liberalization measures for Ukraine, while protecting EU farmers.
Parliament expands ARMA's ability to buy military bonds for foreign currency
The Verkhovna Rada has supported in general a bill that expands the ability of the National Agency for Asset Recovery and Management (ARMA) to purchase military bonds for foreign currency.
Minister Solskyi on recent charges: Events date back to 2017-2018, when I acted as a lawyer
Ukrainian Agrarian Policy and Food Minister Mykola Solskyi, who has recently been served with charges from the National Anti-Corruption Bureau of Ukraine (NABU), claims that the events in question date back to the period, when he acted not as a government official but a lawyer.
State Agency on Energy Efficiency working to develop biomethane register
Currently, the biomethane register is under development in Ukraine. Prior to its launch, exporters will be able to supply biomethane to Europe in accordance with the data from Gas Transmission System Operator of Ukraine LLC (GTSOU).
Naftogaz ready to support development of biomethane industry in Ukraine
Naftogaz Group is ready to support investment in expanding the production of biomethane, promote its transportation, and has ambitious plans to buy up biomethane from Ukrainian producers.
21 April 2024
No total blackout expected in Ukraine - energy chief
Despite Russia's ongoing attacks targeting energy generation facilities, there will be no total blackout Ukraine.
Germany could give Ukraine equipment from decommissioned TPPs - energy minister
German officials offered their Ukrainian counterparts to look at Germany’s closed energy facilities for equipment that Ukraine may need to restore what has been damaged or destroyed by Russian missiles and drones.
20 April 2024
Energy independence of Ukrainian business: path toward success and environmental protection
Opportunities for SMEs to shift toward energy-efficient tech and achieve energy independence
Freight traffic resumed at two checkpoints on Ukraine’s border with Poland
The cross-border movement of freight vehicles has been restored at the checkpoints Shehyni – Medyka and and Krakivets - Korczowa.
Highway being built in Romania toward Ukraine border
Romania plans to complete by 2026 the construction of the highway connecting Bucharest and Siret, the settlement located near the border with Ukraine.
Germany sends more than 100 humanitarian aid shipments in support of Ukraine’s energy sector
Since February 24, 2022, Germany has sent more than 100 humanitarian aid shipments in support of Ukraine’s energy sector. The country is also the largest donor of the Ukraine Energy Support Fund.
19 April 2024
State Property Fund held eight successful privatization auctions in week
From April 15 to 19, the State Property Fund held eight successful online privatization auctions in the Prozorro.Sale system for a total of UAH 28.5 million.
Since February 2022, Ukraine has attracted $72 billion in budget support from G7 countries and EU
Since the beginning of the full-scale Russian invasion, Ukraine has attracted about USD 72 billion in budget support. The country has received about USD 72 billion in budget support from the G7 countries and the European Union.
EIB to provide EUR 560M for projects in Ukraine this year
Ukraine will receive EUR 560 million from the European Investment Bank (EIB) in 2024 for projects in energy, transport infrastructure, housing reconstruction, as well as for projects that will support Ukraine's economic recovery and businesses.
Ukraine has reduced agricultural exports by 4% since beginning of year
In the first quarter of 2024, Ukraine exported agricultural products by 4% less than in the same period last year.
Ukraine has no freight locomotive production: MP Kysylevskyi comments on Ukrzaliznytsia-Wabtec contract
Ukraine’s transport engineering industry has been preserved, and domestic manufacturers could ensure a local content in the production of diesel freight locomotives at 55%.
Government spends $4B from budget due to lack of promised weapons from partners – Marchenko
Due to a delay in arms supplies from international partners, the Ukrainian government has already spent $4 billion to purchase weapons, resulting in adverse consequences for the budget.