DTEK solar power plants almost double electricity production
DTEK's solar power plants almost doubled electricity production in February.
Economy - Latest news
07 March 2023
Government transfers UAH 10.8B to local budgets in Feb
In February 2023, local budgets received UAH 10.8 billion in transfers from the general fund of the state budget.
Minister Galushchenko: Ukraine’s energy sector received aid from 30 countries
Ukraine has received 450 power equipment shipments, totaling 5,650 tonnes in weight, in humanitarian aid from international partners since the full-scale war started.
Prozorro.Sale auctions generate more than UAH 70B in budget revenues
Ukraine’s various-level budgets have received more than UAH 70 billion from online auctions held since the ProZorro.Sale platform was launched.
Ukraine to set up Environmental Damage Assessment Coordination Center
With the support of the United Nations Development Program (UNDP), Ukraine will create an Environmental Damage Assessment Coordination Center (EDACC), for which $6.7 million has been allocated.
Ukraine’s revenues from meat and meat products exports grow 9% in 2022 - IAE
In 2022, Ukraine exported meat and meat products worth $925 million, which is 9% more than in 2021.
06 March 2023
Ukraine's finance ministry to revise state budget for 2023
The Ukrainian Finance Ministry will soon prepare a draft of amendments to the state budget for 2023.
Ukraine's economy ministry predicts inflation will shrink to 24% at year-end
Inflation in Ukraine will reach 24% at the end of the year, Ukraine's Deputy Economy Minister Oleksii Soboliev has said.
Ukraine's exports of agricultural products grow by 14% in Feb
Ukraine exported 6.9 million tonnes of agricultural products in February 2023, or 14% more than in January 2023. The monthly export volume has returned to average figures for the last six months.
At captured nuclear plant, Russians mark equipment set to be looted
At the Zaporizhia Nuclear Power Plant, seized by Russian forces a year ago, the invaders are assessing possible withdrawal scenarios, marking the equipment that can be removed from the Ukrainian facility, which is Europe’s largest NPP.
Law enforcers raid tobacco factory in Lviv region
In Ukraine's Lviv region, detectives with the Bureau of Economic Security are conducting searches at the premises of a local tobacco factory.
Almost 8,500 unemployed Ukrainians join ‘Army of Recovery’ project
Almost 8,500 unemployed Ukrainians joined the "Army of Recovery" project, according to the Economy Ministry.
NBU sells $289.39M on interbank market last week
The National Bank of Ukraine sold $289.39 million and bought $6.55 million on the interbank foreign exchange market between February 27 to March 3.
ARMA offers 9.7 thousand tonnes of Russian ammonia for sale
The Asset Recovery and Management Agency (ARMA) has put up for auction another batch of seized ammonia, originating in Russia.
Zelensky: Ukraine will be ready to face any threat next heating season
In the next six months, Ukrainian energy engineers, government officials, the security and defense sector must take concrete steps to be ready to face any threat next heating season.
Russian invasion cost Ukraine’s ecology UAH 2T in losses – Environmental Protection Ministry
The Ukrainian Environmental Protection and Natural Resources Ministry is recording and calculating the environmental damage caused by Russian attacks in accordance with the newly-developed methodology.
Minister Galushchenko: Talks on Zaporizhzhia NPP deadlocked at the moment
The diplomatic steps regarding the return of Zaporizhzhia Nuclear Power Plant (NPP) to Ukraine are currently unsuccessful.
Yermak comments on Ukraine’s demographic challenges
Russia’s full-scale aggression has brought demographic challenges to the extremes, so both the Government in Kyiv and local authorities have to do everything to ensure that the Ukrainians who have been forced to flee from war eventually return to their Homeland.
05 March 2023
Korea sends excavators to help restore Ukrainian energy infrastructure
Korea has provided Ukraine with four excavators that will be used to repair and restore the energy infrastructure.
Shmyhal: Last year was most difficult for government but it managed to achieve economic stability
The last year was the most difficult for the work of the Cabinet of Ministers of Ukraine but it managed to achieve financial and economic stability and progress in European integration.
Payment card use on slight rise in Ukraine over 2022 - National Bank
In 2022, the number of transactions with the use of payment cards increased by 1.4% in number and by 40.5% in terms of volumes.
Italy looks into making sea ports of Trieste, Venice logistics platform of Ukraine
The Minister of Entrepreneurship and National Production of Italy, Adolfo Urso, emphasizes the importance of developing Ukraine’s transport corridor with northern Italian cities to contribute to the recovery of the country’s war-torn economy.
Türkiye working hard to extend ‘grain deal’ – Çavuşoğlu
The Republic of Türkiye is working hard to extend the Black Sea grain deal, allowing Ukraine to export grain via the Ukrainian ports, which had been blockaded by Russia following its invasion.
Minister Galushchenko: Ukraine ends heating season with power capacity surplus
Ukraine is ending the heating season with a power capacity surplus, sufficient energy resource stocks, and is starting preparations for the next autumn and winter period.
Social Policy Ministry announces 20% increase in minimum pensions
The Ukrainian government approved a decision to raise pensions by almost 20% for 10.5 million Ukrainians.
Shmyhal outlines four elements of mechanism to confiscate Russian assets
Prime Minister Denys Shmyhal has stated that Ukraine and its partners work towards creating a mechanism to confiscate Russian assets which can be channeled into the restoration of Ukraine. The mechanism will consist of four elements, including an international register of losses.
Austrian woodworking giant continues to operate in Russia - media
Austria’s woodworking giant KronoSpan, which has an extensive offshore network and the ultimate beneficiaries of which are not clearly known, continues to work in Russia and Belarus despite Russia’s war on Ukraine.
04 March 2023
European Commission says Russia’s energy blackmail fails
Thanks to the efforts of citizens and businesses in the EU member states, the energy blackmail by Russia has failed.
Ukraine to renew sale of mothballed penal facilities after war ends
The project for the sale of the penitentiary system’s property has now been put on pause until Ukraine seals victory and new investors express interest.
IAEA inspectors complete rotation at three Ukrainian NPPs
New inspectors with the International Atomic Energy Agency have replaced their colleagues at the Rivne, South Ukrainian, and Khmelnitskyi nuclear power plants in Ukraine.