Six more ships leave Ukrainian ports under grain deal
Six vessels carrying Ukrainian agricultural products left Ukraine's Black Sea ports early on August 28 under a UN-brokered grain deal.
Economy - Latest news
28 August 2022
27 August 2022
Ukraine, Moldova cancel international road haulage permits
From September 1, 2022, Ukrainian transport companies will be able to enter the Republic of Moldova under the new simplified rules.
Ukraine terminates cooperation with Russia in nuclear power sector
The Ukrainian government has terminated the Agreement on Scientific, Technical and Economic Cooperation in the Field of Nuclear Power with the Russian Federation.
Three ships with Ukrainian grain leave Odesa region ports
On the morning of August 27, three ships with Ukrainian agricultural products left the ports of Odesa region via the "grain corridor".
26 August 2022
President Zelensky: Ukraine and partners daily fight for safety of Zaporizhzhia NPP
Every day Ukraine and its partners make every effort to ensure the safety of Zaporizhzhia Nuclear Power Plant (NPP).
Ukraine exported its first million tonnes of agricultural products over past month – Zelensky
Ukraine has exported its first million tonnes of agricultural products via three sea ports over less than a month since the grain export initiative was launched.
One more power unit resumes operation at Zaporizhzhia NPP – Energoatom
One more power unit, which was disconnected from the power grid on August 25, 2022, has resumed operation at Zaporizhzhia Nuclear Power Plant (NPP).
EU ministers to discuss measures to address energy issues
The Prime Minister of the Czech Republic, which presides over the Council of the European Union, Petr Fiala, announced his intention to convene an urgent meeting of the EU energy ministers to address the situation in the energy sector.
Prague court declares bankrupt Czech subsidiary of Russian Sberbank
The Prague City Court declared Sberbank CZ, a subsidiary of the Russian Sberbank, bankrupt.
ZNPP reconnected to power grid, generating electricity for Ukraine - Energoatom
The Zaporizhzhia nuclear power plant has been reconnected to Ukraine's power grid and is generating electricity for the country.
Ukrainian farmers harvest 25.3M tonnes of grain
As of August 25, 2022, Ukrainian agricultural producers harvested 25.3 million tonnes of grain.
Zaporizhzhia NPP’s power units remain disconnected from power grid – Energoatom
As of this morning, there have been no issues with the operation of equipment and safety systems at Zaporizhzhia Nuclear Power Plant (NPP).
Banks issue UAH 33M worth of loans to Ukrainian exporters
Ukrainian banks have issued 14 loans worth UAH 33.2 million as part of a special lending program for exporters, with 12 more loan agreements yet to be signed.
IAEA Director General stresses urgent need to head off for ZNPP
IAEA Director General Rafael Mariano Grossi says the agency’s expert mission has to travel to the Zaporizhia Nuclear Power Plant (ZNPP) urgently in the wake of the report that the facility today temporarily lost connection to its last remaining operational 750 kilovolt (kV) external power line,
25 August 2022
Russia’s monthly exports to U.S. amount to over $1B - AP probe
Six months into the Russian war on Ukraine, Russian goods keep flowing to the United States.
Ukraine, UK sign joint action plan on transport network restoration
Minister of Infrastructure of Ukraine Oleksandr Kubrakov and UK’s Transport Secretary Grant Shapps signed a joint action plan to help rebuild Ukraine’s transport network.
Ministry of Culture and Information Policy launches new project to attract investments to Ukraine
The Ministry of Culture and Information Policy of Ukraine and WPP, the world's leading marketing communications group, have launched the "Advantage Ukraine" project to attract investments to the Ukrainian economy, with the first results expected already in September.
Another convoy of ships carrying grain departs from Ukraine ports
This morning, August 25, three more ships left the ports of Odesa through the safe "grain corridors": two from the port of Odesa and one from the Pivdennyi port.
Ukraine receives $3B in grant aid from U.S.
Ukraine has received US$3 billion in grant assistance, which is the first tranche of grant funds worth a total of $4.5 billion, provided by the United States through the World Bank's Trust Fund as part of the Public Expenditures for Administrative Capacity Endurance (PEACE) in Ukraine project.
24 August 2022
Zelensky: We must expand grain export initiative in coming weeks
President of Ukraine Volodymyr Zelensky has said it is necessary to expand the existing grain export initiative in the coming weeks.
EU working on EUR 8B macro-financial aid package for Ukraine - Borrell
The European Union is developing a package of EUR 8 billion macro-financial assistance for Ukraine.
Ukrenergo awaits decision to raise electricity exports to Europe
Ukrenergo National Power Company expects that the European Network of Transmission System Operators (ENTSO-E) will endorse a decision to increase Ukraine’s electricity export capacities from September 2, 2022.
23 August 2022
Power consumption in Ukraine down 30% since Feb 24 invasion
Since the start of Russia’s full-scale war on Ukraine, electricity consumption has decreased by 30%.
Ukraine expects to get to $16Bfrom international partners before year-end - PM Shmyhal
The Ukrainian Government plans to receive up to $16 billion from its international partners in 2022.
Over 80% of Ukrainian enterprises resume work - PM Shmyhal
More than 80% of enterprises have returned to operations in Ukraine.
One more vessel loaded with agricultural products leaves Chornomorsk Port
One more vessel loaded with Ukrainian-produced agricultural products has left Chornomorsk Port via the ‘grain corridor’ today.
22 August 2022
Ukraine exports almost 10M tonnes of agricultural products since February 24
Ukraine has exported almost ten million tonnes of agricultural products since February 24, including almost two million tonnes since the beginning of August.
Food prices in Ukraine increased by 20-30% since full-scale invasion began – expert
Food prices in Ukraine have grown by 20-30% since the beginning of the full-scale invasion, according to Deputy Chairman of the All-Ukrainian Agrarian Council Denys Marchuk.
Ukraine, Moldova launch new train route replacing bridge over Dniester estuary
On August 22, 2022, with the participation of Ukrainian Infrastructure Minister Oleksandr Kubrakov and Moldovan Infrastructure and Regional Development Minister Andrei Spînu, the upgraded railroad section, Berezyne (Ukraine)-Basarabeasca (Moldova), was opened.
Two more vessels loaded with grain leave Odesa Region’s ports
On August 22, 2022, two more vessels loaded with Ukrainian agricultural products left Odesa Region’s ports.