Ukraine’s steel production up 5.5% - Ukrmetalurgprom
In January-October 2021, Ukraine’s steel production grew by 5.5% compared with the same period last year, Ukrinform reports.
Economy - Latest news
12 November 2021
Ukraine in talks with Qatar on LNG supplies
Ukraine is in talks with Qatar on the direct supply of liquefied natural gas, according to Ukraine's Deputy Energy Minister Maksym Nemchynov.
Zelensky signs law on energy efficiency
President of Ukraine Volodymyr Zelensky has signed the law "On Energy Efficiency", which was adopted by Parliament on October 21, 2021.
Shmyhal: Ukraine has enough energy resources for heating season
Ukraine has enough energy resources to pass through the heating season of 2021-2022, Prime Minister Denys Shmyhal has said.
11 November 2021
PM Shmyhal meets with representatives of Austrian business
The Government of Ukraine appreciates practical contribution of Austria and the business of this country to the development of the Ukrainian economy.
Deposit Guarantee Fund: UAH 269.4M transferred to insolvent banks’ accounts in Oct
In October 2021, inflows of funds to banks being under liquidation amounted to UAH 269.4 million, of which UAH 145.4 million came from the sale of assets through electronic auctions, according to the press service of the Deposit Guarantee Fund of Ukraine.
UNDP, Energy Saving Agency sign memorandum of cooperation
The United Nations Development Programme (UNDP) and Ukraine’s State Agency on Energy Efficiency and Energy Saving (SAEE) have signed a memorandum of cooperation in the field of developing the ‘green’ financing market and enhancing energy efficiency in Ukraine.
Ukreximbank’s profit exceeds UAH 2B in Jan-Oct 2021
JSC Ukreximbank generated UAH 2.05 billion in profit in January-October 2021, Ukrinform reports, referring to the bank’s press service.
Gazprom returns to shipping contractual volumes of gas – Gas TSO of Ukraine
Russia's gas monopoly Gazprom has booked no additional transit volumes of gas to transit via Ukraine, simply returning to the earlier-contracted daily transmission volumes of 109 million cubic meters.
Consumer inflation in Oct exceeds NBU forecast
Consumer inflation in October 2021 slowed to 10.9% year on year, while remaining above the National Bank's forecast.
10 November 2021
Government resumes work of Energy Company of Ukraine – PM Shmyhal
The Cabinet of Ministers of Ukraine has approved a decision to start establishing a vertically integrated company with the participation of the state-owned company Centerenergo.
Average monthly salary in agricultural sector grew by 18%
In January-September 2021, the average monthly salary in the Ukrainian agricultural sector grew by 18% compared to the same period last year, according to the Ministry of Agrarian Policy and Food.
Ukraine to develop public-private partnership projects with IFC
The Cabinet of Ministers and the International Finance Corporation will develop public-private partnership projects in Ukraine, according to the Ukrainian government's website.
09 November 2021
Zelensky takes a ride on new Ukrainian-made diesel train
Ukrainian President Volodymyr Zelensky has inspected the DPKr-3 regional diesel train, which was built this year at PJSC Kryukiv Railway Car Building Works, the President's Office has reported.
U.S. senators initiate new sanctions against Nord Stream 2 operator
Six U.S. senators have introduced an amendment to the country's FY2022 National Defense Authorization Act, which imposes sanctions on Nord Stream 2 AG, the operator of the gas pipeline project.
Thirteen regions completed winter sowing campaign
As of November 8, Ukrainian farmers sown 7.3 million hectares with winter crops, which is 94% of the projected area, Ukrinform reports with a reference to the Ministry of Agrarian Policy and Food of Ukraine.
SkyUp announces flights to Tel Aviv from Kyiv and Odesa
The Ukrainian airline SkyUp Airlines will launch flights to Tel Aviv from Kyiv in November and from Odesa in December 2021.
Ukrzaliznytsia saves UAH 4B on purchases of electricity from state supplier - Zelensky
JSC Ukrzaliznytsia saves UAH 4 billion on the direct purchases of electricity from the state supplier.
State budget deficit in 2021 expected at nearly UAH 170B - KSE forecast
In 2021, the state budget deficit in terms of its general fund will stand at about UAH 170 billion with the year’s target of UAH 220 billion.
08 November 2021
Ukraine resumes electricity imports from Belarus
On Saturday, November 6, Ukraine resumed electricity imports from Belarus.
Ukraine exports 20.6M tonnes of grain
Ukraine has exported 20.605 million tonnes of grain crops as of November 8, 2021, which is 3.254 million tonnes more than on the same date in the previous marketing year, the press service of the Ministry of Agrarian Policy and Food of Ukraine has reported.
Number of flights in Ukrainian airspace reached almost 84% of pre-crisis level
In October 2021, the Ukrainian State Air Traffic Services Enterprise (UkSATSE) provided air navigation services to 25,090 flights of Ukrainian and foreign airlines performed in the Ukrainian airspace, which is 83.8% of the pre-crisis October 2019 level.
Banks provided UAH 1.43B under Affordable Loans program last week
Last week authorized banks issued 584 loans for a total sum of UAH 1.43 billion under the government’s program “Affordable Loans at 5-7-9%", Ukrinform reports, referring to the Finance Ministry’s press service.
Ukraine attracts almost $5B in investment in Jan-Sept 2021 – PM Shmyhal
Ukraine received $4.8 billion in foreign direct investment in January-September 2021, according to Prime Minister Denys Shmyhal.
Britain interested in cooperation with Ukraine on alternative energy resources - Ambassador
The United Kingdom is interested in expanding bilateral cooperation with Ukraine, in particular toward the safe handling of nuclear materials and the production of alternative energy sources.
05 November 2021
Gas transit through Ukraine down 19% in Oct - GTSOU
The transit of natural gas through Ukraine's gas transmission system to European countries amounted to 2.634 billion cubic meters in October 2021, which was 623 million cubic meters less than in September 2021, the press service of the Gas Transmission System Operator of Ukraine (GTSOU) has said.
Suspending funding for "gas" projects could be detrimental to Eastern Europe - Gas TSO of Ukraine
Due to regional differences, there is no single path toward decarbonisation, while suspending funding for natural gas projects could be damaging to Eastern Europe.
Ukrgasbank signs agreements with UAE’s bank for $35M
Ukraine’s Ukrgasbank and UAE’s Mashreq Bank have concluded the first agreements on structured trade financing, according to the Ukrgasbank’s press service.
Rada ratifies Ukraine-Belarus protocol on liberalization of international road haulage
The Verkhovna Rada has adopted Law No. 0060 "On the Ratification of the Protocol between the Government of Ukraine and the Government of the Republic of Belarus on the Introduction of Amendments to the Agreement between the Government of Ukraine and the Government of the Republic of Belarus on International Road Haulage of December 17, 1992."
Sales of new commercial vehicles in Ukraine up 11% in Oct 2021
In October 2021, 1.4 thousand new commercial vehicles were purchased and registered on the Ukrainian market, which is 11% higher compared with the relevant period last year, according to the Ukrainian Motor Vehicle Manufacturers Association (Ukrautoprom).