Ukraine exports 5.2M tonnes of grain, leguminous crops last month
In the marketing year 2023/2024 (between July 1, 2023 and April 1, 2024), Ukraine exported 34.86 million tonnes of grain and leguminous crops, including 13.84 million tonnes of wheat.
Economy - Latest news
02 April 2024
McDonald’s reveals what restaurant remaining most popular in Ukraine
The most visited McDonald’s restaurant in Ukraine is remaining the one situated on Vokzalna Square in Kyiv.
Ukraine’s state budget general fund receives UAH 158.1B in Mar 2024
In March 2024, Ukraine’s state budget general fund received UAH 158.1 billion.
01 April 2024
Veterans to receive UAH 21M in grants for business development
Forty-seven applicants for the Own Business grant program will receive UAH 21 million from the government to launch or develop their business, bringing the number of veterans who have already received such grants to 454.
British intelligence analyzes Russia’s arms production under sanctions
Global sanctions against the Russian Federation continue to disrupt the supply of key resources to the Russian defense industry, affecting Russia's weapons production.
Ukraine receives $118M from Japan for health care and recovery
Ukraine's state budget has received a $118 million grant from the Government of Japan as part of the World Bank's Health Enhancement And Lifesaving (HEAL Ukraine) and Housing Repair for People's Empowerment (HOPE) projects.
Russian strikes may force Ukraine to shift to hundreds of smaller power plants instead of few large ones - MP
In view of the ongoing Russian attacks targeting Ukraine’s energy generation facilities, Ukraine should explore the option of a smaller-scale generation network that would complicate Russia’s effort to undermine Ukraine’s power system.
Ukrnafta increases production after intensification operations at one of its fields
PJSC Ukrnafta has carried out measures to intensify production at one of its fields in western Ukraine, resulting in an increase in daily production by 138 tonnes of oil.
31 March 2024
Kharkiv reintroducing hourly power outage schedules
The city of Kharkiv is reintroducing hourly power outage schedules.
Power supply restored in Odesa region - DTEK
Power engineers have restored electricity supply in the Odesa region after Russian shelling.
Government dismisses deputy head of state service on food safety
The Cabinet of Ministers has dismissed Olha Shevchenko from the post of deputy head of the State Service of Ukraine on Food Safety and Consumer Protection.
30 March 2024
Ukraine loses 10% of generating capacity following Russian recent attacks – expert’s opinion
High-voltage infrastructure has reserves to recover after massive attacks, but the damaged power plant capacities will require long-term repairs.
First ‘Made in Ukraine’ regional office opens in Sumy
The first ‘Made in Ukraine’ regional office, which is intended to provide support for micro- and small businesses, has opened in the city of Sumy.
Ukraine, USA sign agreement on deferral of public debt payments
Ukrainian Finance Minister Sergii Marchenko and United States Ambassador to Ukraine Bridget A. Brink have signed a bilateral agreement on the deferral of the public debt payments.
29 March 2024
Russia doubles nitrocellulose imports for production of explosives with Western help - media
Russia has boosted its imports of an explosive compound critical to the production of artillery ammunition, including from companies based in the U.S. and other Western countries and allies, despite international sanctions meant to choke Moscow’s wartime production, trade data showed.
Shmyhal explains where $1.5B from World Bank to be allocated
On March 29, Ukraine received $1.5 billion from the World Bank. The funds will be used for social and humanitarian purposes, as well as for the country’s recovery.
Ukraine now imports electricity from five countries - Shmyhal
Ukraine has withstood another Russia’s massive attack, the power system is intact, but the situation is very difficult.
Ukraine receives about $9B of concessional financing from partners in March – Finance Ministry
In March 2024, the general fund of the state budget of Ukraine received about USD 9 billion of external financing.
Ukraine receives $1.5 B loan from Japan, UK through World Bank mechanism
Ukraine has received a $1.5 billion Growth Foundations Development Policy Loan (DPL) from Japan and the United Kingdom through the World Bank mechanism.
Shmyhal: Energy infrastructure damaged in six regions following night attack
On the night of March 29, the Russian missile attack damaged the energy infrastructure in the Dnipropetrovsk, Vinnytsia, Ivano-Frankivsk, Lviv, Cherkasy, and Chernivtsi regions.
Ukrainian Danube Shipping Company sets afloat another SLG barge
Ukrainian Danube Shipping Company PrJSC has completed the construction of its third SLG barge and is ready to build up to 10 vessels annually.
Ukroboronprom corporatizes 34 enterprises
A total of 34 enterprises have already been corporatized as part of Ukrainian Defense Industry JSC (Ukroboronprom) under Ukraine’s defense industry reform.
28 March 2024
Ukraine's GDP grows by 5.3% in 2023 - Statistics Service
Ukraine's gross domestic product was up by 5.3% last year after dropping a staggering 28.8% in 2022 against the background of Russia’s full-scale invasion.
Ukraine, Poland hold first intergovernmental consultations to address infrastructure issues
As part of the first intergovernmental consultations, Ukrainian and Polish representatives discussed a number of urgent cooperation issues, namely the extension of the Agreement on Liberalization of Freight Transport.
Germany charges five over Crimea sanctions breach
Prosecutors in Hamburg charged four German nationals and a Swiss-French dual citizen with violating Crimea-related sanctions by helping export Siemens gas turbines to the Russian-occupied peninsula.
UK Defense Secretary calls on Europe not to impose restrictions on trade with Ukraine
UK Defense Secretary Grant Shapps has called on the European Union not to impose trade restrictions on Ukraine during the war.
Zaporizhzhia NPP’s safe operation at power levels currently impossible – SNRIU
As long as Zaporizhzhia Nuclear Power Plant (NPP) remains under Russian occupation, it is impossible to safely operate the plant at the power levels.
Moldova's largest oil producer suspends operations due to Ukrainian seed shortage
The largest oil producer in Moldova, Floarea Soarelui, has suspended work due to a pressing shortage of Ukrainian sunflower seeds.
27 March 2024
Talks between Ukraine, Poland’s agri ministries and farmers underway in Warsaw
The Ukrainian delegation from the Agriculture Ministry launched talks with their Polish counterparts in Warsaw.
Russia nationalizes 15 defense firms since early 2023
Since the beginning of 2023, the Prosecutor General's Office of Russia has ensured the return to state ownership of 15 enterprises of Russia’s military-industrial complex worth more than RUB 333 billion ($3.6 billion).