Railroad is partially de-energized due to enemy shelling
Ukrzaliznytsia (railroad) announced several power outages in different regions of the country due to a large-scale missile attack.
Economy - Latest news
26 August 2024
25 August 2024
In Ukraine, 524 settlements are without electricity due to hostilities and technical violations
In Ukraine, 524 settlements remain without electricity supply due to hostilities and technological disruptions, the situation in the energy sector is difficult, but restrictions for consumers have not been introduced.
Szijjarto accuses EU of purposefully obstructing smooth energy supplies to Hungary
This comes from an X message, seen by Ukrinform, posted by Zoltan Kovacs, the spokesman for the Hungarian government.
Shmyhal invites Lithuania to join procurement of weapons, military equipment from Ukrainian manufacturers
Prime Minister of Ukraine Denys Shmyhal has invited Lithuania to join the initiative to purchase weapons and military equipment from Ukrainian manufacturers.
24 August 2024
Ukraine already harvests over 32M tonnes of grain, oilseed crops
As of August 23, 2024, more than 32.02 million tonnes of the new-harvest crops were gathered across Ukraine.
Medvedchuk’s collection of wristwatches put up for auction via Prozorro.Sale
Viktor Medvedchuk’s collectible wristwatches have been estimated at UAH 10.6 million and put up for online auctions.
State Property Fund planning to introduce war risk insurance for privatization objects
The Ukrainian State Property Fund is looking for opportunities to expand export insurance instruments to cover war risks for privatization objects.
23 August 2024
No cause for concern: EC responds to complaint from Hungary, Slovakia over Lukoil
The European Commission studied the developments regarding oil supplies from the Russian company Lukoil to Hungary and Slovakia, previously flowing via Ukraine, that were halted after the company was sanctioned by Kyiv.
"National Cashback": 92% of Ukrainians back campaign to encourage purchase of domestic produce
The vast majority of Ukrainians support the expected launch of the National Cashback program to stimulate consumption of domestic goods.
No power outages expected across Ukraine on Friday
Hourly blackout schedules will not be applied on Friday, August 23.
Ukraine creates state-owned operator of agricultural lands
The establishment of State Land Bank LLC has been completed, which allows for state-owned land lease auctions to be launched in Ukraine.
VR endorses draft bill bringing Ukraine closer to full application of EU customs legislation
On August 22, 2024, the Verkhovna Rada of Ukraine endorsed as a whole the draft bill ‘On Amendments to the Customs Code of Ukraine Regarding the Implementation of Certain Provisions of the Customs Code of the European Union’ (registration number 10411), finalizing the integration of the core provisions of the EU acquis into Ukraine’s legislation.
22 August 2024
Ukraine, Norway extend ‘transport visa-free regime’
Ukraine and Norway have extended the Agreement on the Liberalization of Freight Transport until the end of June 2025.
Ukraine produces more than 70% of agricultural machinery items – Vysotskyi
Ukraine produces 70-80% of agricultural machinery items, and setting up the production of the rest is a matter of time and investment.
Ukrainian President’s Office head, Italian minister discuss strengthening of cooperation
Head of the Office of the President Andriy Yermak and First Deputy Prime Minister, Minister of Economy of Ukraine Yuliia Svyrydenko in a phone call with Minister of Enterprises and Made in Italy Adolfo Urso agreed to strengthen cooperation within the “Made in Ukraine” economic platform.
Ukraine hopes to attract $13.5B in external financing this year – Finance Ministry
Ukraine expects to attract another $13.5 billion in external financing by the end of 2024, the Ukrainian Finance Ministry's press service said.
Minister Marchenko: Ukraine receives over $5B in budget support from Canada since Feb 2022
Canada has provided more than USD 5 billion in direct budget support to Ukraine since February 2022.
21 August 2024
President announced new solutions to support economy and business
During the meeting of the President with government officials, the need to make specific decisions to support the economy, save jobs and de-shadowing was agreed upon.
National Cashback programme covers all kinds of Ukrainian products – Svyrydenko
The National Cashback programme covers all kinds of products made in Ukraine, except excisable goods.
JETRO’s representative office opening in Ukraine
The Ukrainian Economy Ministry has completed the registration of a representative office of Japan External Trade Organization (JETRO) in Ukraine.
20 August 2024
EU mission arrives in Kyiv to check implementation of Ukraine Facility plan
A European Union delegation began a three-day visit to Ukraine to assess the progress of the implementation of the Ukraine Plan under the Ukraine Facility program.
Naftogaz Group actively preparing for upcoming heating season – CEO Chernyshov
Naftogaz Group is actively preparing for the upcoming winter by increasing natural gas production volumes and stocks, and by adjusting its infrastructure to wartime conditions.
Up to 650 humanitarian goods cross Ukrainian border daily
Since the launch of the Automated Humanitarian Aid Registration System, about 81,000 cargoes have been registered in it; an average of 650 humanitarian cargoes cross the border daily.
Diia.City special regime expands to 1,355 companies
As of August 1, 2024, the number of companies registered in the Diia.City special legal regime reached 1,355.
18 August 2024
Power outage schedules resume on Monday - Ukrenergo
On Monday, August 19, power outage schedules will resume in Ukraine. Power supply restrictions will be applied to one group of consumers in the evening hours.
Entrepreneurs in frontline and de-occupied areas receive generators from UN
The Food and Agriculture Organization of the United Nations (FAO) has distributed 17 generators with a capacity of 27 to 88 kW to food producers and processors in the frontline and de-occupied areas in Ukraine.
GTSOU purchases 29.9 mcm of natural gas in July
In July 2024, the Gas Transmission System Operator of Ukraine LLC (GTSOU) purchased 29.9 million cubic meters of natural gas via the Ukrainian Energy Exchange (UEEX) for production needs.
17 August 2024
No power outages expected on Sunday – Ukrenergo
No power outages are expected to be applied in Ukraine on Sunday, August 18.
Monobank under DDoS attack for second day
Monobank has been the target of a DDoS attack for the second consecutive day.
President’s Office discusses preparations for winter with international partners
Deputy Head of the Office of the President of Ukraine Oleksiy Kuleba, together with representatives of central executive authorities, held a briefing for international partners to discuss the needs of Ukraine’s energy sector and preparing for the autumn and winter period.