PM: Russian missiles damage power generation facilities in eight regions
Russian missile attacks damaged power generation and distribution facilities in eight regions of Ukraine.
Economy - Latest news
09 March 2023
Ukraine will purchase gas jointly with EU - European Commissioner
Ukraine will participate in the gas joint purchasing platform of European Union member states.
IAEA director general calls on Board of Governors to ensure Zaporizhzhia NPP safety
Director General of the International Atomic Energy Agency (IAEA) Rafael Mariano Grossi has called on the Board of Governors to immediately ensure the safety of the Russian-occupied Zaporizhzhia Nuclear Power Plant (NPP), which has lost all off-site power for the sixth time since the beginning of Russian aggression.
In 2022, 36 Ukrainian companies received permits for exports to EU
In 2022, 36 Ukrainian companies, including 31 food manufacturers, received permits for exports to the European Union countries.
Three thermal power plants in Ukraine affected in latest Russian attack
As a result of today's missile attack, three thermal power plants run by DTEK Energo were damaged. At one of the facilities, equipment sustained “serious damage.”
Blackout at Zaporizhzhia NPP amid Russian missile strikes
The Zaporizhzhia Nuclear Power Plant was completely de-energized as a result of the Russian missile attack on Ukraine.
Power generators significantly improve Ukraine’s energy security - grid operator
Today, Ukraine is among the countries that are best equipped with autonomous power systems and generators. This significantly improves its energy security.
Ukrnafta, PKN Orlen sign contract for petroleum product imports
Ukrnafta PJSC has signed a contract with Poland’s PKN Orlen to import petroleum products to Ukraine.
Over UAH 3.2B transferred to state budget since privatization was resumed
Since Ukraine resumed privatization in September 2022, the State Property Fund has attracted more than UAH 3.2 billion in investments at more than 270 privatization auctions.
Ukrainians purchased almost 1,300 used electric cars in Feb - Ukrautoprom
In February 2023, Ukrainians registered almost 1,300 used electric vehicles and 413 new electric vehicles, according to the Ukrainian Motor Vehicle Manufacturers Association (Ukrautoprom).
Ukraine, UAE working on comprehensive economic partnership
Ukraine and the United Arab Emirates are working on the Comprehensive Economic Partnership Agreement.
08 March 2023
Ukraine’s metallurgical production cut by 79.3% in Jan-Feb 2023
In January-February 2023, Ukraine’s metallurgical production output reduced by 79.3% compared to the same period last year.
PM Shmyhal, EC Vice-President Šefčovič discuss energy sector, sanctions against Rosatom
During an online conversation, Ukrainian Prime Minister Denys Shmyhal and Vice-President of the European Commission Maroš Šefčovič coordinated further steps towards the European integration and recovery of Ukraine’s energy sector.
Ukraine brands Italian cement producer “war sponsor” over doing business in Russia
The National Agency for the Prevention of Corruption has put the Italian cement producer, Buzzi Unicem, on the list of international war sponsors for doing business in the Russian Federation.
Law enforcers expose UAH180B money laundering scheme involving Kyiv-based bank
The Security Service of Ukraine, together with the Bureau of Economic Security, eliminated a large-scale scheme for laundering shadow profits of gambling businesses.
Ukraine’s power system sees no capacity deficit, although additional equipment needed - Energy Ministry
In recent weeks, the Ukrainian power system has not had a shortage of capacity, but there is still a great demand for additional equipment to ensure the stable operation of the power industry.
UN ready to act as mediator in demilitarization of Zaporizhzhia NPP - Guterres
The United Nations stands ready to offer its good offices as a mediator in the demilitarization of the Zaporizhzhia Nuclear Power Plant.
Zaporizhzhia NPP must return to Ukraine's control - Zelensky
Ukrainian President Volodymyr Zelensky and UN Secretary General Antonio Guterres have discussed the issue of ending Russia's nuclear blackmail and restoring the safety and security of Ukrainian nuclear power plants.
Zelensky, Guterres call for extension of grain deal
Ukrainian President Volodymyr Zelensky has said that together with UN Secretary General Antonio Guterres, they supported the need to extend the Black Sea Grain Initiative.
War against Ukraine will have devastating consequences for Russia’s economy – IMF chief
IMF Managing Director Kristalina Georgieva has said that due to the war in Ukraine, the economic outlook for Russia beyond 2023 is “quite devastating.”
IMF mission kicks off discussions with Ukraine on new program
The mission of the International Monetary Fund has launched discussions with the Ukrainian authorities regarding the potential cooperation program.
Shmyhal, head of IMF’s European Department talk new cooperation program
Prime Minister Denys Shmyhal of Ukraine discussed with the IMF European Department chief Alfred Kammer the launch of a new long-term program for Ukraine.
State Property Fund raises UAH 1B from privatization this year
Ukraine's State Property Fund has already held 81 privatization auctions this year and attracted UAH 1 billion from private investors. Some 65% of the funds have already been transferred to the state budget.
New-generation system of electronic payments to be launched in Ukraine from Apr 1
The National Bank of Ukraine (NBU) has determined the procedure for conducting interbank payment transactions in Ukraine in the national currency through the new-generation system of electronic payments (SEP).
Ukraine’s vineyard plantations cut by 14,000 ha over nine years – Agrarian Policy Ministry
Ukraine’s vineyard plantations have reduced by 14,000 hectares since 2014.
07 March 2023
PM Shmyhal, IDA leadership discuss projects for Ukraine restoration
Prime Minister Denys Shmyhal of Ukraine discussed with the leadership of the International Development Association projects to support Ukraine, including work on a special program for the country’s recovery.
Ukraine initiates denunciation of merchant shipping agreement with Syria
The Cabinet of Ministers of Ukraine has approved a draft law on the termination of the agreement on merchant shipping between the Government of Ukraine and the Government of the Syrian Arab Republic.
Ukraine has already received $38B in international aid - NBU
The amount of international aid provided to Ukraine as of late February 2023 has already exceeded $38 billion.
Ukraine’s foreign exchange reserves reach $28.9B as of Mar 1
As of March 1, 2023, Ukraine’s foreign exchange reserves came to $28.86 billion, having reduced by 3.5% in February 2023.
Naftogaz to discuss restructuring of Eurobond obligations with investors
Naftogaz of Ukraine NJSC is planning to present proposals to investors regarding the restructuring of obligations under Eurobonds maturing in 2022 and 2026.