Ukrainian grain is a benchmark of quality for many countries - Solskyi
The quality of Ukrainian grain is a benchmark for many countries, including some European countries that mix it with their own grain to improve its quality.
Economy - Latest news
20 April 2023
Ukraine needs ten times more specialists for demining - MoE
For humanitarian demining, Ukraine needs ten times more specialists than it currently employs.
Assistance received abroad no longer needs to be declared in Ukraine
The aid received abroad no longer needs to be declared in Ukraine.
Denmark already provided over EUR 20M in aid for Mykolaiv region reconstruction – Kim
Denmark has already provided Mykolaiv region with over EUR 20 million in assistance for reconstruction purposes.
Hungary bans imports of certain agricultural products from Ukraine
Hungary has banned imports from Ukraine of a number of agricultural products, including honey and some meat products, in addition to grain, until June 30.
One of largest world agricultural machinery manufacturers sells business in Russia
One of the world's largest agricultural machinery manufacturers, CNH Industrial Group, which owns Case and New Holland, will sell its assets in Russia.
EU underlines importance of common approach to agricultural imports from Ukraine - European Commission
On Wednesday, the European Commission discussed the problem of excessive agricultural imports from Ukraine and the EU market with five "frontline" countries and Ukraine, and outlined ways to solve this problem.
SPF sells Izmail Winery for UAH 200M
Ukraine's State Property Fund (SPF) has sold the Izmail Winery for UAH 200 million. The auction was held in the state electronic trading system Prozorro.Sales.
Soils in north of Crimea become unsuitable for agricultural works
As a result of salinization during the years of occupation, the soils in the north of Crimea became unsuitable for agricultural works.
Lithuanian Ignitis Group disburses EUR 12M to support Ukraine’s energy sector
Ignitis Group international energy company decided to allocate 10%, or EUR 12 million, of surplus profits to support the energy sector of Ukraine.
19 April 2023
Energy Ministry invites natural gas market participants to join AggregateEU
Ukraine's Energy Ministry invites natural gas market participants to join the demand aggregation and joint purchasing mechanism (AggregateEU) established by the European Commission as part of the EU Energy Platform.
Germany to provide Ukraine with another EUR 112M for housing for IDPs
Germany will allocate an additional 112 million euros to provide assistance to internally displaced persons in Ukraine, including housing.
Ukraine, Bulgaria discuss possibility of resolving grain issue - MoE
Ukraine is negotiating with Bulgaria on the prospects for a positive resolution of the grain issue.
EC announces measures to respond to excessive Ukrainian food supply to EU
President of the European Commission (EC) Ursula von der Leyen is fully aware of the situation in the countries bordering Ukraine as a result of large imports of Ukrainian agricultural products. She is proposing response measures in accordance with the rules of the EU's common market.
Ban on agricultural imports: Ukraine continues talks with individual countries and EU
Ukraine continues negotiations with the European Union countries which banned the import of Ukrainian agricultural products in April, in particular with Hungary and Slovakia.
Ukraine’s agri-export through Grain Corridors reaches 28.3M tonnes
Since the launch of the Black Sea Grain Initiative, 28.3 million tonnes of grain were exported from Ukraine by 903 bulkers.
Bulgaria suspends agri-imports from Ukraine, allowing transit to continue
On Wednesday, April 19, the Bulgarian government introduced a temporary ban on the import of foodstuffs from Ukraine, with the exception of those going in transit.
Twenty-five enterprises with Polish capital operate in Zhytomyr region
There are 25 enterprises with Polish capital operating across Zhytomyr region, with more than USD 2.5 million invested in them, according to the Zhytomyr Regional State Administration (RSA), an Ukrinform correspondent reports.
Minister Kubrakov: Ship inspections resume despite Russia’s attempts to disrupt grain deal
The inspection of vessels sailing via the ‘grain corridor’ is resuming after Russia blocked it for the second time.
German state secretary introduced to Ukraine’s reconstruction projects
State Secretary at the German Federal Ministry for Economic Cooperation and Development Jochen Flasbarth has been introduced to certain projects on Ukraine’s reconstruction as part of his visit to Kyiv.
ENTSO-E increases its capacity to import electricity to Ukraine to 1050 MW
Ukrainian National Power Company Ukrenergo and European Network of Transmission System Operators for Electricity (ENTSO-E) have increased the technical capacity to import electricity from Europe to Ukraine to 1050 MW.
Poland asks to reconsider ban on imports of agricultural products from Ukraine
The decision to ban the import of goods originating from Ukraine or imported from Ukraine to Poland was made by Warsaw without consulting the business community, which affects not only Ukrainian but also Polish businesses.
Vysotskyi: Exports of Ukrainian agricultural products help contain EU’s inflation
Exports of Ukrainian agricultural products have helped to curb inflation in the European Union.
Ukrainian underground storage facilities contain over 9 bcm of gas – Galushchenko
Last heating season Ukraine’s natural gas consumption volumes reduced significantly, but the country is already making preparations for the next autumn and winter period, and accumulating the necessary amount of natural gas in its underground storage facilities.
18 April 2023
PM Shmyhal: World Bank to become one of key partners in Ukraine’s recovery
The World Bank will become one of the key partners in the recovery of Ukraine. The implementation of several relevant programs has been already agreed upon.
Ukraine loses 44% of nuclear power generation at heating season’s end - energy ministry
As of the end of the autumn-winter period, due to destruction and occupation of territories by Russia, the Ukrainian power system temporarily lost 44% of nuclear generation, 78% of TPP, 66% of CHPP, 12% of HPP, 75% of wind generation, and more than 20% of solar generation capacity.
Absolut Vodka halts exports to Russia
Sweden’s Absolut Vodka specializing in alcoholic beverage production will stop exporting its products to Russia.
European Commission to discuss Ukrainian agriexport issues with Ukraine, neighboring states
The European Commission panel held a discussion on the operation of the Solidarity Lanes through which Ukraine’s foodstuffs are exported amid war, while tomorrow EC Executive Vice President Valdis Dombrovskis will meet with representatives from the five EU countries bordering Ukraine, as well as the Ukrainian officials.
Investing in Ukraine: Japan first to allocate $23M to cover war risks
Japan has become the first country to contribute $23 million to cover war-related risks when investing in Ukraine.
Poland to unblock transit of Ukrainian grain as of April 21 (updated)
Poland will unblock the transit of Ukrainian grain through its territory to ports in Europe on Friday, April 21. However, the ban on imports of Ukrainian agricultural products to the Polish market remains.