Ukraine’s ban on power imports from Russia, Belarus extended until November
Ukraine’s energy regulator has extended until November 1 the ban, imposed in May this year, on electricity imports from Russia and Belarus.
Economy - Latest news
29 September 2021
Ukraine plans to import 600,000 tonnes of coal in October
In October, Ukraine plans to import 600,000 tonnes of coal, according to Minister of Energy German Galushchenko.
NSDC ready to help build cyber defense in Ukraine's energy sector
The National Coordination Center for Cybersecurity at Ukraine's National Security and Defense Council is ready to provide the Ministry of Energy with its capabilities to implement cyber security measures in the energy sector at an early stage, the NSDC has reported on Facebook.
Ukrtransgaz, GTSOU to explore hydrogen market in Ukraine
JSC Ukrtransgaz and the Gas Transmission System Operator of Ukraine (GTSOU) have signed a memorandum of cooperation in studying the possibilities of the market of renewable gases in Ukraine, including hydrogen, biomethane and synthetic methane, Ukrtransgaz has reported.
Ukraine’s MFA suggests organizing business mission of Kuwaiti companies
Ukraine and Kuwait have significant potential to increase trade and cooperation in attracting investment.
Ukraine's envoy to Japan sees no obstacles to signing FTA
Ambassador of Ukraine to Japan Serhiy Korsunsky sees no obstacles to concluding a Free Trade Agreement with Japan.
Ukraine has 18.7 bcm of gas in USFs ahead of heating season
As of September 28, a total of 18.7 billion cubic meters of natural gas has been pumped into underground gas storage facilities,
Nemchinov: There are no reasons for raising utility tariffs
Minister of the Cabinet of Ministers Oleh Nemchinov has said that currently there are no reasons for raising utility tariffs.
Average salary in Ukraine grows by 22%
In August 2021, the average nominal salary in Ukraine amounted to UAH 13,997, which is 22.3% higher compared with August 2020, according to the State Statistics Service.
28 September 2021
MFA invites Kuwaiti entrepreneurs to invest in Ukraine
Deputy Minister of Foreign Affairs of Ukraine Dmytro Senik invited Kuwaiti entrepreneurs to invest in Ukraine.
Ukroboronprom presents shipbuilding development strategy until 2030
Ukraine's state defense conglomerate Ukroboronprom has presented the strategy for the development of Ukraine's shipbuilding industry until 2030.
Ukraine–Turkey FTA: Foreign Ministry tells about progress of talks
Agricultural and metal products are the most debatable issues in the talks on signing the free trade agreement between Ukraine and Turkey.
Ukraine’s GTS technically ready to annually ship 146 bcm of gas - operator chief
Ukraine's gas transmission system is well-maintained and ready to deliver gas to Europe at a full annual capacity of 146 billion cubic meters.
Draft budget for 2022 includes additional revenue reserves totaling almost UAH 33B - Accounting Chamber
The Accounting Chamber of Ukraine has found unaccounted revenue reserves totaling UAH 32.7 billion in the draft state budget for 2022, according to the Accounting Chamber’s press service.
NBU expects that IMF program will be extended for six-nine months
The National Bank of Ukraine (NBU) expects that the program of cooperation with the International Monetary Fund (IMF) will be extended for six-nine months, the central bank’s press service has reported on its Telegram channel.
Law on introduction of voluntary declaration published in parliamentary newspaper
The law required for the introduction of voluntary declaration was published in the official parliamentary newspaper Holos Ukrainy, according to the newspaper’s website.
"Green" hydrogen could bring to new level Ukraine's relations with Germany - Kuleba
The development of a hydrogen economy could offer Ukraine a historic chance to become an important energy supplier for Germany, displacing Russia.
Deposit Guarantee Fund planning to sell insolvent banks’ assets worth UAH 4B this week
The Deposit Guarantee Fund of Ukraine intends to sell assets of insolvent banks for a total sum of UAH 4.08 billion this week, the fund's press service reports.
President endorses agreement with Spain on cooperation and assistance in customs affairs
President Volodymyr Zelensky endorsed the agreement between Ukraine and Spain on cooperation and mutual assistance in customs affairs.
Zelensky changes composition of National Investment Council
Ukrainian President Volodymyr Zelensky has made changes to the composition of the National Investment Council.
Naftogaz expects new supervisory board to be elected by December
NJSC Naftogaz of Ukraine expects that new members of the company's supervisory board will be elected by December 2021.
Number of employed people grew by 2.6% in Q2 2021 - Ministry of Economy
In the second quarter of 2021, the number of employed people aged 15-70 increased by 2.6% in Ukraine compared to the first quarter of 2021, to 15.8 million people, according to the press service of the Ministry of Economy.
27 September 2021
Cabinet changes Naftogaz board
At an extraordinary meeting on September 27, the Cabinet of Ministers of Ukraine changed the composition of the Board of NJSC Naftogaz of Ukraine.
Ambassador: Resumption of energy cooperation with Turkmenistan requires new approaches
One of the key issues in Ukraine–Turkmenistan bilateral relations is the resumption of cooperation in the energy sector, which requires new approaches, new models, and proposals.
Three An-178 aircraft for Defense Ministry will be built without Russian components - Ukroboronprom
The state-owned Antonov Company will build three An-178 aircraft, ordered by the Ukrainian Defense Ministry, without Russian components, Director General of the State Concern Ukroboronprom Yuriy Husev has said.
Banks issued affordable loans worth UAH 1.3B last week
Last week authorized banks issued 439 loans for a total sum of UAH 1.3 billion under the government’s program “Affordable Loans at 5-7-9%", Ukrinform reports with a reference to the Finance Ministry’s press service.
Automatic real estate valuation service helped Ukrainians to save over UAH 30M
The automatic real estate valuation service helped Ukrainians to save more than UAH 30 million, the press service of the State Property Fund has posted on Facebook.
State Agency on Energy Efficiency to set up office to help cities in developing ‘green’ projects
The Ukrainian State Agency on Energy Efficiency and Energy Saving will set up a technical office that will provide support to Ukrainian cities in developing "green" projects.
Cabinet of Ministers takes over powers of Naftogaz's supervisory board
The Cabinet of Ministers of Ukraine dismissed three supervisory board’s members representing the state at NJSC Naftogaz of Ukraine and took over the powers of the supervisory board.
Mylovanov: Western investors interested in three blocks of questions about business climate in Ukraine
Western investors note positive changes in Ukraine’s business climate. Meetings with investors take place during all the visits made by the President of Ukraine and other senior officials.