Founded in 1918
Wednesday, 06 November 2024, 02:02
10 May 2024
Ukrainian First Deputy Prime Minister, Economy Minister Yuliia Svyrydenko and Ambassador Extraordinary and Plenipotentiary of Canada to Ukraine Natalka Cmoc have met and discussed opportunities for new business cooperation projects, support initiatives for small and medium-sized enterprises (SMEs), and partnerships between the governments of the two countries in priority economic sectors.
09 May 2024
Since the full-scale war started, a total of 10.5 thousand drones have been acquired by the state via the Prozorro Market electronic catalog to meet the needs of Ukraine’s Defense Forces.
08 May 2024
Ukrainian Prime Minister Denys Shmyhal has chaired the first meeting of the headquarters to prepare for the 2024/2025 autumn and winter heating season.
The United Kingdom announced an additional contribution to the Ukraine Energy Support Fund in the amount of GBP 20 million pounds (EUR 23 million).
Energy restrictions will apply to businesses on Thursday, May 8, from 18:00 to 23:00. In case of further increase in consumption, outages are possible for household consumers.
EU ambassadors on Wednesday, May 8, agreed to use profits from frozen Russian assets to support the Ukraine recovery and its defense against Russian aggression.
The enemy launched a new massive missile and drone strike targeting energy infrastructure facilities in Vinnytsia, Zaporizhzhia, Ivano-Frankivsk, Kirovohrad, and Poltava regions.
As of May 1, 2024, Ukraine’s international reserves came to $42.4 billion, having decreased by 3.1% in April 2024.
Last year Naftogaz Group generated UAH 23.1 billion in profit compared to UAH 79.1 billion worth of losses suffered in 2022.
07 May 2024
Ukraine will be able to prevail in the war unleashed by Russia only under the condition of strong support from partners both in terms of arms supplies and civilian aid to ensure the normal functioning of the economy.
The Cabinet of Ministers of Ukraine has approved a draft law on the ratification of the free trade agreement between Ukraine and Turkey.
The Ukrainian State Property Fund has announced an auction for the sale of PentoPak PrJSC, which used to be owned by a Russian oligarch.
06 May 2024
The Polish side will continue covering subscription fees for Starlink terminals operating in Ukraine.
Energy Minister Herman Halushchenko considers it absurd that the temporarily occupied Zaporizhzhia nuclear power plant was launched by Russian personnel.
Ukraine has already resumed domestic production of artillery ammunition, but, taking into account the huge demand from the Defense Forces, it still relies on supplies of shells from partner countries.
05 May 2024
As a result of a Russian missile attack on Kharkiv on May 4, a meat processing plant was obliterated.
The situation of Ukraine’s power grid is rather complicated following a series of Russian missile and drone strike on energy infrastructure facilities over the recent months.
04 May 2024
Ukraine has fulfilled all of its requirements under an IMF program and expects international partners to provide $38 billion in financial support this year.
Ukraine continues to be attractive for doing business even in conditions of war.
The chiefs of NEC Ukrenergo, the Recovery Agency, and USAID discussed with U.S. Ambassador Bridget Brink the possibility of strengthening the protection of the company's high-voltage substations against Russian attacks.
The National Bank of Ukraine is introducing another relaxation of forex restrictions for businesses, which will be the largest since the beginning of the full-scale war.
The defense ministries of Ukraine and Poland, as well as other government agencies related to the security and defense sector, are starting to actively cooperate with businesses.
03 May 2024
Ukraine is launching the first 13 innovative energy projects under the InnovateUkraine programme with the support of the UK government.
Naftogaz Group Board Chairman & CEO Oleksiy Chernyshov and State Oil Company of Azerbaijan Republic (SOCAR) President Rovshan Najaf have met and discussed the prospects of cooperation between the two companies, namely in terms of gas storage services.
Russian ballistic missiles have damaged half of Ukraine’s energy system, but the country continues to run the war effort.
02 May 2024
In March, Ukraine attracted a record amount of international aid - more than $9 billion.
Ukrainian Energy Minister German Galushchenko believes that the decision of the United States to ban Russian uranium imports will be a step towards sanctions against Russia’s Rosatom.
The project "Preservation of Natural Heritage for Life in Ukraine" is being implemented in Ukraine with co-financing from the LIFE Program.
01 May 2024
Prime Minister of Ukraine Denys Shmyhal has called on other countries to reject the import of Russian uranium.
Power engineers have restored electricity supply to all consumers in the Dnipropetrovsk region that were cut off due to Russian attacks.