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Tuesday, 05 November 2024, 05:41
21 October 2024
Going through the heating season in stable mode depends not only on sufficient fuel stocks but also on interaction with local authorities, which allows for all issues to be resolved effectively.
Since the beginning of 2024, Gas Distribution Networks of Ukraine LLC, which is part of Naftogaz Group, has restored gas supply services for 58,000 households.
The development of transport services between Ukraine and Hungary is beneficial to both countries.
Oleh Huliak has become a chief executive officer at Ukraine’s defense industry giant, Ukroboronprom.
20 October 2024
This week, from October 21 to 27, the International Atomic Energy Agency will continue its missions at high-voltage substations critical for nuclear safety.
The International Monetary Fund (IMF) has updated its forecast regarding the duration of Russia's war in Ukraine, now estimating that the conflict will continue at least until the end of 2025.
The decision of the International Monetary Fund to allocate for Ukraine another tranche under the Extended Fund Facility is a recognition of the stability of the country's economy and an important signal to partners.
The team from the Ministry of Strategy and Industry discussed with the Italian Ambassador to Ukraine, Carlo Formosa and Military Attache Igor Torti the issue of cooperation in the field of defense industry.
Within the framework of the Extended Fund Facility for Ukraine (EFF) from the International Monetary Fund, Ukraine has already completed 28 structural benchmarks.
19 October 2024
During the G7 meeting of defense ministers in Naples, Defense Minister Rustem Umerov invited partners to invest in the Ukrainian defense industry.
In January-September 2024, Ukraine’s gross domestic product (GDP) increased by 4.5% compared to the same period last year.
As of October 18, 2024, a total of 60.8 million tonnes of the new-harvest crops were gathered across Ukraine, including 22.3 million tonnes of wheat.
18 October 2024
The International Monetary Fund approved the allocation of another tranche to Ukraine, worth $1.1 billion, within the framework of the Extended Fund Facility (EFF).
Finland has carried out more than 740 customs investigations into the possible violations of sanctions restrictions imposed on the Russian Federation.
In the Poltava region, a total of 507 farmers have been provided development loans worth more than UAH 3.4 billion.
During the Ukraine Mine Action Conference-2024 (UMAC-2024), partner countries announced additional commitments to support humanitarian demining in the amount of almost USD 70 million.
The Vinnytsia region’s sugar refineries have already produced 115,000 tonnes of sugar.
The European Union leaders have supported a EUR 35 billion loan to Ukraine as part of the G7 initiative to provide Ukraine with a USD 50 billion loan using proceeds from frozen Russian assets. At the same time, Russian assets will remain blocked until Russia ends the war.
The World Bank (WB) expects the Ukrainian economy will grow by 3.2% this year and by 6.5% in 2025.
President of Ukraine Volodymyr Zelensky has signed the draft bill ‘On Amendments to the Customs Code Regarding the Introduction of the Appraisal of Customs Officials’.
17 October 2024
Energy Minister German Galushchenko has said that a new round of visits by the International Atomic Energy Agency (IAEA) mission to Ukrainian NPP substations will begin next week to check the current situation there. He discussed this issue in detail at a meeting with IAEA Director General Rafael Grossi in Paris.
An important part of Ukraine's Victory Plan is its economic component, which aims to protect the economic interests of both Ukraine and the European Union which Ukraine seeks to join.
This season sugar refineries in the Ternopil region have already produced more than 109,000 tonnes of sugar.
Almost $300 million, which Canada allocated for Ukraine, have already arrived on treasury accounts.
The European Union’s readiness to live without Russian gas and suspend its supply towards the EU are very beneficial to Ukraine, as the aggressor state will lose USD 6.5 billion annually in budget revenues in this case.
Ukraine is working with the European partners to increase electricity imports during the winter period.
The global decline in the demand for steel is the biggest problem of Ukraine’s metallurgical industry. The revival of steel consumption in Europe is expected not sooner than in the second half of 2025.
16 October 2024
The foreign ministers of the Nordic-Baltic Eight (NB8) countries have signed a EUR 44 million aid package for Ukraine. The funds will be used to purchase generators and solar panels.
In January-September 2024, Naftogaz Group transferred about UAH 67 billion in tax payments to Ukraine’s state and local budgets.
As of October 15, natural gas reserves in Ukraine's underground storage facilities exceeded 12.8 billion cubic meters (bcm).