EU to donate 5,700 solar panels to Ukraine
Ukraine will soon receive the first batch of 5,700 solar panels to power critical infrastructure amid Russian missile attacks.
Economy - Latest news
04 March 2023
PM: Ukraine prepares for confiscation of Russian assets, receives first 17B
Active work is ongoing to settle the issue of confiscation of Russian assets in the legal framework. The infrastructure for attracting frozen funds has already been created.
Average salary in Ukraine grows by 6% in 2022 - statistics service
The average monthly salary in Ukraine amounted to UAH 14,859 in 2022, which is 6% higher than a year earlier.
03 March 2023
Poland to ease transit of Ukrainian grain
Ukraine and Poland have agreed to ease the transit of grain and oilseed exports.
Ukraine’s exports of goods reached $3.3B in Feb 2023
In February 2023, Ukraine exported 9.1 million tonnes of goods worth $3.32 billion.
PM Shmyhal: Ukraine lost more than three million jobs for year of full-scale war
For the year of Russia’s full-scale invasion, Ukraine lost more than 3 million jobs. To improve the situation in this area, the government has already launched eWork project.
Ukraine, Spain to cooperate in green investment sector
Ukraine and Spain will cooperate in the field of green investment development, as well as Ukraine’s involvement in the work the Sevilla process.
Ukraine’s energy system operating with no capacity deficit for 20 days – Ukrenergo
Ukraine’s energy system has been operating with no capacity deficit for 20 days now.
Government raised UAH 353B from placement of domestic government debt securities since war started
Since Russia’s full-scale invasion started, the Government of Ukraine has raised UAH 353 billion in equivalent currency from the placement of domestic government debt securities.
Online platform for humanitarian aid to energy sector developed in Ukraine
The Ministry of Energy developed AidEnergy online platform to simplify the process of obtaining, coordinating, and distributing humanitarian aid for the energy sector.
Gas turbines to help Ukraine decentralize power generating capacities – Minister Galushchenko
Ukraine’s energy infrastructure managed to endure Russian massive attacks during winter and provide household consumers with electricity.
Ukraine receives more than 5,000 t in aid to restore energy system
As of early March 2023, Ukraine received more than 5.3 thousand tonnes in aid from 30 countries to restore its energy infrastructure, which continues to suffer from Russian attacks.
02 March 2023
In Ukraine, 800 enterprises relocated - Ministry of Economy
According to the relocation program, 800 enterprises have been moved to safer regions over the year of war. Of them, 623 have already resumed operations at their new location.
Ukraine, U.S. to deepen cooperation in energy sector
The Minister of Energy of Ukraine, German Galushchenko, held a meeting with the U.S. Energy Secretary Jennifer Granholm as part of the meeting of the Partnership for Transatlantic Energy and Climate Cooperation in Zagreb. The parties discussed the issue of further cooperation between the two countries in the field of energy.
More than 150,000 land agreements signed in Ukraine
A total of 153,659 land agreements have been signed in Ukraine since the land market was launched.
IMF mission to Ukraine set to kick off work in Warsaw March 8 - finance minister
The mission of the International Monetary Fund on Ukraine will work in Warsaw March 8 through March 15 to discuss the parameters of the potential future cooperation program.
All nuclear power units operating at full capacity - Energoatom
As of March 2, all nuclear power units located in Ukraine-controlled territory are operating at full capacity.
State borrowings to budget reach UAH 226.8B since year-start - Finance Ministry
Government borrowings to the state budget’s general fund came to UAH 226.8 billion in January-February 2023, which is 58.8% of the plan for this period.
Agrarian Policy Ministry expects decision on ‘grain deal’ to be endorsed around March 18
The Ukrainian Agrarian Policy and Food Ministry expects that a decision on the ‘grain deal’, which is in effect until March 18, 2023, will be endorsed closer to the prolongation date.
Business activity indicators in Ukraine’s manufacturing industry improved in Feb 2023
In February 2023, the business confidence indicator in Ukraine’s manufacturing industry increased by 2.4 percentage points, and the business climate indicator – by 0.3 percentage points.
Ukraine, Croatia discuss cooperation in energy sector
The restoration of Ukraine’s energy infrastructure affected by Russian attacks will open up wide opportunities for deepening cooperation with Croatia.
Ukraine may resume electricity exports soon – Ukrenergo
Ukraine plans to resolve the issue of electricity supply to Odesa region soon, which will allow the resumption of electricity exports.
Sumykhimprom resumes production after one-year downtime due to Russian attacks
Sumykhimprom PJSC has started a phased recovery after it was forced to shut down in 2022 due to the damage caused by Russian projectiles.
Gov't seeks to involve new retailers in supplying food to troops - economy ministry
The Government of Ukraine seeks to attract new retailers to the supply of food to the army units in order to increase competition.
01 March 2023
Zelensky holds meeting on energy sector to discuss preparations for new heating season
Ukrainian President Volodymyr Zelensky has held a meeting on the energy sector to discuss threats to the energy system, outline current tasks and begin preparations for the new heating season.
Court of Appeal sets bail for Kobolev at UAH 229M
The Court of Appeal has chosen a preventive measure for former Chairman of the Board of NJSC Naftogaz of Ukraine Andriy Kobolev in the form of a bail in the amount of UAH 229.248 million.
Ukraine already exported over 18M t of agricultural products through ‘grain corridor’
Ukraine has exported more than 18 million tonnes of grain and oil crops since the "grain corridor" started working on August 1, 2022.
Forty-three countries join Grain from Ukraine initiative
A total of 43 countries have already joined the Grain from Ukraine humanitarian program, which was initiated by President Volodymyr Zelensky.
Ex-CEO of Boryspil Airport sentenced to 5 years in prison
The High Anti-Corruption Court sentenced the former top manager of Ukraine’s Boryspil Airport to five years in prison on abuse of office charges.
PM Shmyhal meets with newly elected Chairperson of Naftogaz Supervisory Board
Ukrainian Prime Minister Denys Shmyhal has met with the newly elected Chairperson of the Supervisory Board of Naftogaz of Ukraine NJSC, Anthony Marino, to discuss the development of Ukraine’s gas production industry.