No power outages expected on Friday - Ukrenergo
No power outage schedules are expected to be applied in Ukraine on Friday, August 9.
Economy - Latest news
09 August 2024
Ukroboronprom listed among Top 50 defense companies in the world
In 2023, Ukrainian Defense Industry JSC (Ukroboronprom) generated 72% more in revenues from product sales compared to 2022, which made the company a growth leader among the global arms manufacturers.
Finance ministry presents its vision of customs reform to G7 Ambassadors
Ukrainian Finance Minister Sergii Marchenko and Finance Deputy Minister for European Integration Yurii Draganchuk have presented their vision and plans regarding the further implementation of customs reform to the Ambassadors and representatives of the missions of the G7 countries in Ukraine.
08 August 2024
Galushchenko, U.S. Congress delegation discuss protection of energy facilities in Ukraine
Ukraine’s Minister of Energy German Galushchenko met with a delegation of the U.S. Congress to discuss preparations for the heating season and the protection of energy facilities in Ukraine.
Finance Ministry attracts over $93B in budget support from int’l partners since invasion
The Ministry of Finance of Ukraine has attracted more than $93 billion in budget support from international partners since February 2022 when Russia went for a full-scale incursion into Ukraine.
Ukraine, Mauritius to work on investment protection and double taxation agreements
Ukraine and Mauritius have agreed to start working on bilateral agreements to protect investments and avoid double taxation.
ARMA announces competition for bulk carrier’s manager
The Ukrainian Asset Recovery and Management Agency (ARMA) is looking for a manager to administer the seized bulk carrier, EMMAKRIS III, which is staying at the Port of Chornomorsk.
Ukrainian tech startups attract EUR 2M in investments from Seeds of Bravery
Fifty-nine Ukrainian tech companies will receive grants worth EUR 2 million from Seeds of Bravery.
07 August 2024
Ukrainian Energy Ministry, Brazilian parliament representatives discuss energy cooperation
Deputy Energy Ministers of Ukraine Svitlana Hrynchuk and Roman Andarak and representatives of the Chamber of Deputies of the National Congress of Brazil discussed prospects for the development of energy cooperation, with a particular focus on renewable energy sources.
No rolling blackouts scheduled in Ukraine for Wednesday
On August 7, no power outages are expected in Ukraine.
Ukraine’s international reserves amount to $37.2B as of Aug 1
As of August 1, 2024, Ukraine’s international reserves came to $37.23 billion, having decreased by 1.8% in July 2024.
Ukraine’s export of processed products grows faster than supply of raw materials – Kachka
Ukraine’s export of value-added products is increasing at a much faster pace than the supply of raw commodities abroad.
06 August 2024
Ukraine will need EUR 12-13B to ensure resilience of energy system - Kudrytskyi
Ukraine must build more than 12 gigawatts of capacity in the coming years in order to have an energy system resistant to possible attacks, with EUR 12-13 billion needed for this.
Europe and Asia: which countries Ukraine plans to conclude and update FTAs with this year
Ukraine is preparing to approve and update several free trade agreements (FTAs) with several European and Asian countries in the near future.
EU Council approves EUR 4.2B tranche for Ukraine
On August 6, the EU Council approved a tranche of nearly EUR 4.2 billion for Ukraine under the Ukraine Facility program.
More than 20,000 consumers in three oblasts cut off power supply due to shelling - MoE
More than 20,000 subscribers in Donetsk, Kherson and Sumy regions have lost power as a result of hostile shelling.
Ukrainian seaports handle 45.8M tonnes of cargo since year-start
In January-July 2024, cargo turnover at Ukrainian seaports reached 59.9 million tonnes, almost as much as in the entire year of 2023.
No power outages expected on Tuesday – Ukrenergo
No power outage schedules are expected to be applied in Ukraine on Tuesday, August 6.
Government includes Konotop-based enterprise seized from Russian senator on large privatization list
The Cabinet of Ministers of Ukraine has transferred the management of Motordetal-Konotop LLC, which was confiscated from a Russian citizen, to the Ukrainian State Property Fund for further privatization.
Social Policy Ministry, Lenovo Ukraine sign memorandum of cooperation
The Ukrainian Social Policy Ministry and Lenovo Ukraine have signed a memorandum of cooperation in the digitalization of the social sector.
05 August 2024
Ukraine working with EU to receive about EUR 4B in aid in August - Zelensky
President Volodymyr Zelensky and Prime Minister Denys Shmyhal have discussed the work agenda for August, particularly decisions and agreements that Ukraine expects in relations with partners, primarily in Europe.
Ukraine to assist Malawi with food security – FM Kuleba
Ukraine will help the Republic of Malawi to resolve food security issues as part of the ‘Grain from Ukraine’ program.
Reconstruction of Okhmatdyt: Ministry of Health cancelled related tenders for UAH 14.5M
Tenders for technical supervision and engineering and consulting services will be announced only after a new tender for the repair of the modern building of the National Children's Specialised Hospital (NSCH) Okhmatdyt is held.
Ukraine, Japan sign memorandum on cooperation in area of justice
Justice Ministers Denys Maliuska of Ukraine and Ryuji Koizumi of Japan have signed a memorandum on cooperation in the area of law and justice.
Ukraine receives $3.9B grant from U.S.
Ukraine has received a $3.9 billion grant from the United States through the World Bank.
04 August 2024
Protection of Ukrainian energy facilities top priority - Ministry
Deputy Minister of Energy Svitlana Hrynchuk said the current priority is work on protecting energy facilities across Ukraine.
Railway operator warns of schedule disruptions following Russian attack on infrastructure
Seven trains will depart with two- to 10-hour delay as a result of the damage to railway infrastructure in Poltava region sustained from the Russian attack overnight Sunday.
03 August 2024
Pressure on Russia should be strengthened so that it cannot circumvent sanctions - Zelensky
The pressure on Russia for the war it unleashed against Ukraine should be strengthened so that it cannot circumvent sanctions.
Russia’s oil exports plunge in July - media
Last month, Russian oil exports from the country's main western ports fell to their lowest in nearly 20 months. China-bound exports saw the largest drop.
No rolling blackouts expected across Ukraine on Sunday - grid operator
No hourly power outages have been scheduled in Ukraine for tomorrow, August 4.