More than 7,700 new businesses registered in Chernivtsi region in 2023
More than 7,700 new businesses were registered in the Chernivtsi region last year, which is almost 2,000 more than in 2022.
Economy - Latest news
20 January 2024
No shortage in Ukraine’s power system - energy ministry
Ukraine has steadily passed the first half of the heating season and has sufficient resources for its successful completion.
Ukraine allocates UAH 48B for pension payments
Ukraine’s Pension Fund has laid down UAH 48.1 billion on pension payments as of January 19.
EU working on reforming Ukraine Military Aid Fund - media
The European External Action Service presented to member states a proposal regarding the reform of the Ukraine Military Aid Fund, whose operation has been repeatedly discussed by EU governments but is yet to be formally agreed upon.
Border with Romania: Truck traffic fully unblocked through Porubne checkpoint
The movement of trucks through the Porubne-Siret checkpoint from the Romanian side has been completely unblocked.
Poland confirms ban on grain from Ukraine to remain in force until EU's protective mechanisms
The Ministry of Agriculture and Rural Development of Poland has confirmed that the ban on Ukrainian imports will remain in effect until appropriate protective mechanisms are developed at the EU level.
19 January 2024
Ukraine ready to store up to 10 billion cubic meters of gas in its storage facilities - Shmyhal
Ukraine offers European companies to store up to 10 billion cubic meters of gas in our gas storage facilities.
Romanian farmers unblocked truck traffic in front of Krasnoilsk checkpoint
The blocking of truck traffic in front of the Vicovu de Sus checkpoint, opposite the Ukrainian checkpoint of Krasnoilsk, has been stopped.
In Romania, 400 trucks are waiting at Porubne checkpoint
The queue on the territory of Romania towards Ukraine in the direction of the Porubne checkpoint is about 400 trucks.
Investments, companies’ expansion: Ukraine, Switzerland agree on business missions
Ukraine and Switzerland will conduct joint missions for domestic businesses to explore opportunities for Swiss companies to invest in the country and opportunities for Ukrainian companies to expand in Switzerland.
Baltic states propose to include grain from Russia in EU sanctions package
After a meeting with his Latvian and Estonian counterparts, Lithuanian Minister of Transport and Communications Marius Skuodis said that the Baltic states support the inclusion of Russian and Belarusian grain in the EU sanctions package.
18 January 2024
Romanian government meets farmers halfway to lift blockade of border with Ukraine - Reuters
Romania's government unveiled a first package of measures to aid farmers and truckers whose widening protests against high business costs have hit a border crossing with Ukraine and elsewhere in the country.
Situation in Ukraine's financial system is stable - Zelensky
The situation in Ukraine's financial system is stable, with social benefits being provided in full.
Romanian farmers start blockade of Dyakovo-Halmeu checkpoint
Romanian farmers have begun a blockade of the Dyakovo-Halmeu checkpoint, and there is no truck traffic at all.
No restrictions on crossing Polish-Ukrainian border - Demchenko
On the Polish-Ukrainian border, traffic through checkpoints is not limited and is quite intense.
Blockade: Few vehicles cross Romanian border
As a result of the blocking of checkpoints on the Romanian border, only a few vehicles a day pass through Porubne and Krasnoilsk.
Russian companies leave Cyprus due to sanctions
More and more Russian companies are changing their Cyprus jurisdiction because of the expanding sanctions.
17 January 2024
Invaders steal about 5M t of grain from occupied territories
Last year, the invaders took almost 5 million tons of Ukrainian grain from the temporarily occupied territories of Ukraine.
Poland wants to introduce protective mechanisms against Ukrainian products
In light of the European Commission's rejection of Poland's demand to impose duties on Ukrainian agricultural products, Warsaw wants to introduce regional mechanisms to protect against the influx of Ukrainian goods.
Over 500 ships arrive through Black Sea humanitarian corridor - Brink
As of today, 515 ships have sailed through the Black Sea humanitarian corridor, delivering 16.5 million tons of grain and other cargo.
In Romania, farmers continue to block two checkpoints on border with Ukraine
Romanian farmers continue to partially block truck traffic near the Siret and Vicovu de Sus checkpoints near the border with Ukraine.
Over 2,000 trucks queuing at borders, with blockages only on Romanian side
More than two thousand trucks are queuing up at the Ukrainian border, with blockades currently being recorded only in Romania in the direction of the Ukrainian checkpoints Porubne and Krasnoilsk.
Russians allow IAEA to visit ZNPP unit 6
After several refusals, experts from the International Atomic Energy Agency (IAEA) finally gained access to the reactor hall of Zaporizhzhia NPP unit 6.
Ukraine needs more Western support so as not to resort to printing press - EBRD
Ukraine needs financial and military support in order to prevent the government in Kyiv from resorting to printing money to keep the economy afloat.
Energoatom estimates losses from Russian occupation of ZNPP at UAH 30B
According to preliminary estimates, losses from the occupation of Zaporizhzhia nuclear power plant (NPP) by Russian forces amount to UAH 30 billion, while lost profits of Ukraine’s National Nuclear Energy Generating Company Energoatom exceed UAH 167 billion.
Government allocating almost UAH 800M in reserve funds for ammo, drones, thermal imagers
The Cabinet of Ministers is donating UAH 792 million from the budget’s reserve fund to strengthen Ukraine’s defense capabilities. The funds will be distributed among military units to cover their most urgent needs.
Chinese banks tighten restrictions on Russia after Biden's sanctions order - Bloomberg
China's state-owned banks are tightening restrictions on financing Russian clients after U.S. President Joe Biden signed a decree imposing secondary sanctions on foreign financial companies that help Moscow in the war in Ukraine.
16 January 2024
All checkpoints on Poland-Ukraine border unblocked as Polish carriers suspend protest
According to the information from Polish border guards, at 20:00, Polish freight carriers ceased the protest rally at the border, thus unblocking all checkpoints for Ukrainian trucks.
European Parliament calls for fixing share of GDP to help Ukraine
Assistance to Ukraine will be more effective if EU countries fulfill their promises and do so without delay. An effective measure could be to set a fixed percentage of GDP, including that of EU member states, to help and enable Ukraine to win the war against Russia.
Zelensky meets with representatives of major financial funds in Davos
In Davos, President of Ukraine Volodymyr Zelensky met with representatives of the world's largest financial funds.