Market of non-banking services down by 37 actors - NBU
In March, 37 institutions were expelled from the registers of non-banking financial market players.
Economy - Latest news
08 April 2023
Russians fired over 1,200 missiles, drones at key energy facilities across Ukraine
Russian invaders have already used more than 1,200 missiles and drones to shell key energy facilities across Ukraine.
Sweden ramping up arms production capacity amid Russian war on Ukraine
The war the Russian Federation is waging against Ukraine caused a serious increase in orders for various types of weapons, which reflects on Sweden’s defense industry.
Another UAH 8M of seized Russian assets transferred to needs of Armed Forces of Ukraine
Another UAH 8 million of seized Russian assets was transferred to the needs of the Armed Forces of Ukraine.
Ukraine preparing to join EU's free roaming zone
The Cabinet of Ministers has approved a draft decision of the EU-Ukraine Association Committee in Trade Configuration, which creates conditions for Ukraine to acquire the EU internal market regime in the sphere of roaming.
Netherlands allocates EUR 40M for Ukrainian farmers to buy seeds, equipment
The Netherlands will provide EUR 180 million in aid to Ukraine, of which EUR 10 million is expected to be spent on demining efforts within agricultural lands and EUR 40 million on the purchase of seeds and equipment for Ukraine’s agricultural sector.
Ukraine to set up Trust Fund to share investors’ risks - Economy Ministry
Ukraine is in negotiations with international donors on creating and filling a target Trust Fund, which could act as a reinsurance potential in order to increase investors’ interest.
07 April 2023
Ukraine resuming electricity exports - Energy Ministry
Ukraine’s Energy Minister German Galushchenko signed an executive document greenlighting the process of resuming electricity exports amid the surplus of generating capacity.
Procedure for Ukrainian grain transit through Poland to be simplified – Solskyi
Over the next week, Ukraine and Poland will develop new simplified rules for the transit of Ukrainian agricultural crops through Polish territory to other EU member states and third countries.
Ukraine adds SLB to list of war sponsors
Ukraine's National Agency on Corruption Prevention (NACP) has included SLB, the world's largest oilfield services provider, in the list of international sponsors of war due to its cooperation with Russian oil and gas giants.
Ukraine, Türkiye discuss "grain corridor"
Ukraine's Vice Prime Minister for Recovery Oleksandr Kubrakov has discussed the operation of the "grain corridor" with Türkiye's Minister of National Defense Hulusi Akar.
Government endorses decision to introduce sectoral sanctions against Syria
The Cabinet of Ministers of Ukraine has endorsed a decision to submit proposals to the National Security and Defense Council (NSDC) in order to introduce sanctions against Syria.
PM Shmyhal calls on local authorities to submit reconstruction project proposals
Ukrainian Prime Minister Denys Shmyhal has chaired a conference call with the heads of the Vinnytsia, Kirovohrad, Cherkasy and Poltava regions to coordinate actions in terms of reconstruction.
Ukrzaliznytsia completes test run on European gauge line from Poland
Ukrzaliznytsia JSC has successfully completed a test run on the 1,435 mm European gauge line, which will give a start to the railway connection between Warsaw and Rava-Ruska with a transfer to Lviv in a few months.
Danish Energy Agency gives Ukraine equipment to restore power system
Ukraine received 12 power transformers, purchased with the funds of Ukraine’s Energy Support Fund established under the Energy Community Secretariat.
Ukrzaliznytsia’s freight traffic volumes in March hit record high since war started
In March 2023, Ukrzaliznytsia JSC transported 12.2 million tonnes of cargo, which is the highest monthly result since the Russian full-scale invasion started.
06 April 2023
Ukraine, Poland testing European gauge line between Lublin, Rava-Ruska
On April 5, 2023, Ukrainian and Polish railway operators launched a test run on the 1,435 mm European gauge line between Lublin and Rava-Ruska.
World Bank predicts positive growth of Ukraine's GDP in 2023 amid war
The World Bank expects that Ukraine's GDP growth in 2023 will reach 0.5% after a sharp drop to almost -30% last year after Russia’s full-scale invasion.
Türkiye completes laying of Black Sea gas pipe
Türkiye has completed the laying of a pipeline from the Sakarya gas field in the Black Sea to an onshore point. Gas supplies are set to launch on April 20.
EU could help Ukraine launch two “hydrogen valleys”
The European Union is mulling financial support for the implementation of two hydrogen valleys in Ukraine’s Zakarpattia and Odesa regions.
Damage to Ukraine’s infrastructure exceeds $10B – UNDP, World Bank
Damage to Ukraine’s power, gas, and heating infrastructure exceeds $10 billion, according to a new assessment by the United Nations Development Programme and World Bank.
Minister Fedorov: Economic effect of sick leave e-certificates estimated at UAH 4B
Ukrainians have already generated more than 13.6 million sick leave e-certificates. The economic effect resulting from the introduction of this tool has been estimated at about UAH 4 billion.
Italy’s Deputy Prime Minister declares readiness to participate in restoration of Ukraine
Deputy Prime Minister – Minister for Infrastructure and Transport of Italy Matteo Salvini says that the government is ready to participate in the post-war reconstruction of Ukraine by all possible means.
05 April 2023
Zelensky invites Polish investors to Ukraine’s future reconstruction
President of Ukraine Volodymyr Zelensky has invited Polish investors to take part in Ukraine’s future reconstruction.
Ukraine, Poland sign separate document on cooperation in reconstruction
The representatives of Ukraine and Poland have signed a separate document on cooperation in reconstruction.
Defense Ministry to fully launch State Anti-Corruption Program after martial law ends – Reznikov
The Ukrainian Defense Ministry has to prepare 25 regulatory documents as part of the State Anti-Corruption Program for 2023-2025. The program will be fully launched after martial law ends.
German companies ready to contribute to Ukraine’s energy infrastructure reconstruction – Kubrakov
German companies are ready to contribute to the reconstruction of Ukraine’s energy infrastructure objects, which have been damaged due to the Russian full-scale invasion.
Ukraine, Germany strengthen cooperation for ‘green’ recovery
Ukraine and Germany signed a statement on the expansion of energy partnership for the "green" recovery and reconstruction of the Ukrainian energy industry.
Ukraine terminates tourism agreement with Belarus
The Cabinet of Ministers of Ukraine has terminated the Ukrainian-Belarusian agreement on cooperation in the field of tourism.
Ukraine’s new commercial vehicle sales rise 11% in March
In March 2023, 805 new commercial vehicles were purchased and registered in Ukraine, which is 11% higher compared with the previous month, according to the Ukrainian Motor Vehicle Manufacturers Association (Ukrautoprom).