Ternopil region produces almost 72,000 tonnes of sugar
Sugar refineries in the Ternopil region produced almost 72,000 tonnes of sugar.
Economy - Latest news
04 October 2024
Mykolaiv region’s harvest of melons, watermelons grows 20% this year
This year, all categories of farms in the Mykolaiv region harvested 19.5 thousand tonnes of gourds, which is 20% more than last year.
Energy Ministry representatives, French partners discuss priorities of assistance to energy sector
Ukrainian Deputy Energy Minister Roman Andarak discussed the priorities of assistance to the Ukrainian energy sector with Armel Castets, Deputy Director for International Financing of Enterprises and Foreign Trade Support at the Directorate General of the Treasury of France.
03 October 2024
Hryvnia weakening through flexible forex rate helps curb inflation - NBU Governor
The hryvnia has weakened by 13% against the dollar over the year of the managed flexibility regime on the foreign exchange market, which at the same time helped curb inflation and improve the trade balance.
Auditors to check NABU's undercover detective unit - Kryvonos
Independent auditors, who have started working at the National Anti-Corruption Bureau (NABU), will check the work of a secret unit of undercover detectives.
Three cogeneration units in Ivano-Frankivsk generate electricity, three more to be installed – mayor
The city of Ivano-Frankivsk has three cogeneration units that generate electricity through gas combustion. There are plans to install three more.
Ukraine to receive concessional loan from South Korea for first time
On October 2, Ukraine signed a loan agreement with the Export-Import Bank of Korea to attract USD 100 million, which will be the first financial support provided by the Republic of Korea.
Finance Ministry places domestic government bonds for UAH 12.1B
On October 1, 2024, Ukraine’s Ministry of Finance raised UAH 12.142 billion to the state budget at an auction for the placement of domestic government bonds.
02 October 2024
Ukraine's PM, USAID administrator discuss preparations for winter in Ukraine
Ukrainian Prime Minister Denys Shmyhal and USAID Administrator Samantha Power have discussed energy and preparations for the upcoming winter in Ukraine.
Ukraine to receive preferential loan from Korea for first time
On October 2, Ukraine signed a loan agreement with the Export-Import Bank of Korea for USD 100 million, which will be the first financial support from the Republic of Korea.
Gas reserves in Ukrainian underground storage facilities reach 12.4 bcm - ExPro
As of October 1, natural gas reserves in Ukrainian underground storage facilities exceeded 12.4 billion cubic meters.
Zelensky meets with heads of world's leading defense companies
Ukrainian President Volodymyr Zelensky has met with the heads and top managers of the world's leading defense companies as part of the second International Defense Industries Forum.
Ukrainian farmers already sown 2.8 mln ha with winter crops
As of October 1, 2024, Ukrainian farmers sowed 2.8 million hectares with winter crops for the 2025 harvest.
Ukrenergo predicts minor electricity restrictions in winter
In case of low temperatures (minus 10-15 degrees), power companies can apply one stage in the schedules of outages in the morning and evening hours. If the weather is warm, Ukraine will be able to go through the heating season without outages.
30 September 2024
Ukraine expects no rolling blackouts Tue
Ukraine’s power grid operator Ukrenergo as no hourly power shutdowns scheduled for Tuesday, October 1.
Substations in Kharkiv and Zaporizhzhia regions were shut down due to hostilities, falling UAV debris - MoE
During the day on September 29, power engineers restored power supply to 27,400 consumers who lost power due to hostilities and technological disruptions.
28 September 2024
No blackouts scheduled in Ukraine for Saturday
No hourly power outage schedules are expected to apply on Saturday, September 28.
Ukraine exports more than 10M t of grain, leguminous crops in new season
Ukraine has exported 10.053 million tonnes of grain and leguminous crops since the beginning of 2024/2025 marketing year (MY)
Despite war, number of industrial parks doubles across Ukraine - economy ministry
The number of registered industrial parks in Ukraine doubled since Russia’s full-scale invasion, having reached 92.
27 September 2024
Preparations for heating season are at final stage - Chernyshov
Naftogaz Group is at the final stage of preparations for the 2024-2025 heating season.
All five sugar refineries operating in Vinnytsia region
As of September 27, 2024, all five sugar refineries that declared their readiness to start the production season are operating in the Vinnytsia region.
India snubs gas purchases from Russia’s sanctioned project
India will not buy liquefied natural gas produced within Russia's Arctic LNG 2 project, which has been sanctioned by Western democracies.
26 September 2024
PM instructs include financing weapons production in protected budget items
Prime Minister of Ukraine Denys Shmyhal, during an off-site government meeting in Mykolaiv region, instructed to include funding for the production of weapons and military equipment in the protected budget items. In particular, those items envisaged by the Weapons of Victory program.
Ukrainian electricity market does not stimulate investment in generation - expert
Due to price restrictions and administrative interventions, the Ukrainian electricity market does not stimulate investment in the development of any generation.
Ukraine already connects 100 MW of gas generation to its grid - expert
Ukraine has already commissioned 100 MW of gas generation, with a further 200 MW expected to be connected by the end of 2024.
Germany donating EUR 70M to support Ukraine's energy system
The Bundestag Budget Committee approved on Wednesday, September 25, an assistance package for Ukraine in the amount of 70 million intended to support the nation’s heat and electricity supply sector.
Chernyshov discusses possible financing of sustainable energy projects with EIB
Oleksiy Chernyshov, Chairman of the Board of NJSC Naftogaz of Ukraine, discussed possible financing of sustainable energy projects with Jean-Erik de Zagon, Head of the European Investment Bank (EIB) Regional Hub for Eastern Europe, and his successor, Kristina Mikulova.
Naftogaz Group increases profit almost fourfold in H1 2024
In January-June 2024, Naftogaz Group earned a consolidated net profit of UAH 24.4 billion, nearly four times more than in the first half of 2023.
Ukraine’s GDP grows 3.7% in Q2 2024 - State Statistics
In the second quarter of 2024, Ukraine’s real gross domestic product (GDP) increased by 3.7% compared to the same period last year.
EU Agency to help Ukrzaliznytsia integrate with EU standards
JSC Ukrzaliznytsia and the European Union Agency for Railways (ERA) have signed a memorandum aimed at enhancing the safety, integration, and interoperability of the Ukrainian railway system with the European network.