Ukraine implementing barrier-free projects at five key transport hubs
The Ukrainian Ministry of Infrastructure is implementing pilot projects to provide barrier-free environment at five key transport hubs in the country.
Economy - Latest news
28 October 2021
27 October 2021
Ukraine, Tajikistan stepping up cooperation in priority sectors of economy
Ukraine and Tajikistan are stepping up cooperation in priority sectors of the economy.
Government expects increase in coal production
The Cabinet of Ministers expects Ukrainian mines to increase coal production, Prime Minister Denys Shmyhal has said.
Ukraine can pump additional volumes of gas to Europe already today – Danilov
Ukraine can already provide additional capacities to pump 50-55 billion cubic meters of natural gas to Europe.
Ukraine, Israel to hold talks on free trade in services next year - Ambassador Brodsky
Ukraine and Israel will start negotiations next year on the signing of an agreement on free trade in services, Israeli Ambassador to Ukraine Michael Brodsky has said in an interview with RBC-Ukraine.
Ukrainian miners extract 6.6% more coal than planned in Jan-Sept 2021
In January-September 2021, Ukrainian mining enterprises of all forms of ownership produced 21.816 million tonnes of coal, which is 6.5% more than planned, Ukrinform reports, referring to data provided by the Ministry of Energy.
Ukraine retains tenth place in world pig iron production
In January-September 2021, Ukraine produced 16.15 million tonnes of pig iron, taking the tenth place in the world ranking of pig iron producers, Ukrinform reports, referring to the Ukrmetalurgprom Association.
Vitrenko: German Ministry for Economic Affairs did not consult Ukraine about Nord Stream 2 certification
Naftogaz CEO Yuriy Vitrenko says that the German Federal Ministry for Economic Affairs and Energy did not consult Ukraine about certification of the Nord Stream 2 gas pipeline.
Minister Marchenko, Ambassador Brodsky discuss Ukraine-Israel cooperation
Ukrainian Minister of Finance Serhiy Marchenko met with newly appointed Ambassador of Israel to Ukraine Michael Brodsky on October 26, Ukrinform reports, referring to the Finance Ministry’s press service.
Ukraine’s public and publicly guaranteed debt reached $92B in September
Ukraine’s total public and publicly guaranteed debt reached UAH 2,445.52 billion in the hryvnia equivalent or $92.02 billion in the U.S. dollar equivalent as of the end of September, Ukrinform reports, referring to the press service of the Finance Ministry.
Passenger flow in Ukraine grows by almost 27% - State Statistics Service
The number of passengers served by Ukrainian transport companies grew by 26.6% in January-September 2021 compared with the relevant period in 2020, to 47.0 billion passenger-kilometers, Ukrinform reports, referring to data provided by the State Statistics Service of Ukraine.
Finance Ministry places government bonds for UAH 17.2B
The Ukrainian Ministry of Finance raised UAH 17.2 billion to the state budget at an auction for the placement of domestic government bonds, according to the ministry's press service.
26 October 2021
UkSATSE gets UAH 183M in net profit in Q3 2021
The Ukrainian State Air Traffic Services Enterprise (UkSATSE) received UAH 183 million in net profit in the third quarter of 2021, according to the enterprise’s press service.
Cabinet of Ministers reduces gas price for SoLR customers
The Cabinet of Ministers has reduced the price of gas for household customers of the supplier of last resort (SoLR, NJSC Naftogaz of Ukraine) to UAH 7.96 per cubic meter (including VAT) in October-November 2021.
Ukraine, Jordan to expand cooperation in agriculture – Ukrainian Foreign Ministry
Ukraine's Deputy Foreign Minister Dmytro Senik has met with Jordan's Agriculture Minister Khaled Hneifat as part of his visit to the Kingdom, the Ukrainian Foreign Ministry has reported.
UkraineInvest received 27 applications from potential investors for a total sum of $2B
The Investment Promotion Office (UkraineInvest) has received 27 applications from potential investors for a total sum of $2 billion.
MFA to facilitate Ukraine-Jordan cooperation in IT industry
The Ukrainian Ministry of Foreign Affairs will promote the revival of contacts between representatives of the IT industry of Ukraine and Jordan.
Ukraine may harvest more than 100M tonnes of grain in 2021 - Leshchenko
Ukraine may report a record harvest of more than 100 million tonnes of grain and oil-bearing crops this year, according to Roman Leshchenko, Minister of Agrarian Policy and Food of Ukraine.
Ukravtogaz sold over 25 mcm of compressed natural gas in Jan-Sept 2021
The network of Ukravtogaz, a subsidiary of NJSC Naftogaz of Ukraine, sold 25.3 million cubic meters of compressed natural gas (CNG) in January-September 2021, which is 2.5% less than in the same period last year, Ukrinform reports, referring to the company’s press service.
Ukraine plans to create center to protect energy infrastructure from cyber attacks
The National Security and Defense Council (NSDC) of Ukraine at its meeting discussed the issue of establishing a sectoral cybersecurity center of the fuel and energy complex of Ukraine, Ukrinform reports, referring to the NSDC’s press service.
Qatar Airways launching direct flights from Odesa to Doha
Discount carrier Qatar Airways is opening direct flights on the route Doha - Odesa. The airline will fly from Odesa International Airport to Hamad International Airport in Qatar’s capital Doha three times a week starting December 9.
Coal and fuel oil reserves decreasing in Ukraine – State Statistics Service
From September 1 to October 1, 2021, Ukraine’s coal reserves decreased by 9.8%, fuel oil - by 3.1%, according to the State Statistics Service.
Ukraine’s grain exports reach almost 17.8M tonnes
Ukraine has exported 17.795 million tonnes of grain and leguminous crops so far in the current marketing year (MY, started on July 1, 2021), which is 2.793 million tonnes more than in the same period last year, according to the Ministry of Agrarian Policy and Food.
25 October 2021
Ukroboronprom increases production volumes by 27%
In January-September 2021, Ukroboronprom's enterprises increased the production of armaments and military equipment by 27.4% or UAH 5.78 billion compared to the same period last year, according to the press service of the state concern Ukroboronprom.
Ukraine, Jordan sign memorandum on cooperation in IT
Deputy Minister of Foreign Affairs of Ukraine (CDTO) Dmytro Senik signed a memorandum of understanding between the Exporters and Investors Council under the Ministry of Foreign Affairs of Ukraine and the Jordanian IT Association Int@j.
Dombrovskis: EU’s second tranche is clear sign of support for Ukraine's reform agenda
The disbursement of the second tranche of €600 million in macro-financial assistance is a clear sign of EU support for Ukraine's reform agenda.
Ambassador: Ukraine’s gas proposal submitted to German Ministry for Economic Affairs and Energy
The Embassy of Germany in Ukraine has submitted to the Federal Ministry for Economic Affairs and Energy a proposal by the Ukrainian side to transport additional 55 billion cubic meters of gas per year via GTS Ukraine on special terms.
Ukraine already produced over 560,000 tonnes of sugar this year
As of October 23, Ukraine produced 562.3 thousand tonnes of sugar and processed 4.20 million tonnes of sugar beet, according to the Ukrtsukor National Association of Sugar Producers of Ukraine.
Ukraine’s industrial production up 1.4% in Jan-Sept 2021
The volume of Ukraine’s industrial production grew by 1.4% in January-September 2021 compared with the relevant period last year, according to the Ministry of Economy.
Ukraine receives EUR 600M in macro-financial assistance from EU
The European Union has provided Ukraine with the second tranche of € 600 million in macro-financial assistance.