Former MEP Harms praises Ukraine’s rapid energy transformation
The war unleashed by Russia forces Ukraine to accelerate its energy transformation efforts, withdrawing from the obsolete Soviet-era centralized system.
Economy - Latest news
23 October 2023
EU has to work on strengthening corridors for Ukrainian grain - German Minister
The European Union should make every effort to ensure that Ukraine can export its agricultural products, and that the countries of the Global South receive Ukrainian grain.
Ukraine receives EUR 1.5B from EU - PM Shmyhal
Ukraine received a ninth macro-financial assistance tranche of EUR 1.5 billion from the European Union.
No energy consumption caps introduced in Ukraine so far
Ukrenergo NEC is not introducing electricity consumption limits as of October 23 as domestic generation fully covers the existing demand of all categories of consumers.
Ukrenergo to launch joint auctions for crossing with Romania in November
The National Energy Company Ukrenergo and the Romanian transmission system operator Transelectrica will hold the first joint auction for the sale of access to the interstate crossing on November 2.
Ukraine has UAH 727.9B in cash turnover as of Oct 1 - NBU
As of October 1, 2023, Ukraine had UAH 727.9 billion cash in circulation.
22 October 2023
DTEK Energo imports 40,000 tons of coal from Poland for heating season
DTEK Energo imported 40,000 tons of coal from Poland ahead of the heating season, and another 170,000 tons are yet to be imported.
Economy Ministry calculates labor market need for specialists for 2024-2027
The Ministry of Economy of Ukraine prepared a forecast of the need for specialists and personnel in the labor market in the medium term. Emphasis is put on labor specialties in industry and construction.
Situation worsening at Russia-captured nuclear power plant - energy minister
The situation at the Zaporizhzhia nuclear power plant that remains under the control of the Russian invasion forces has further deteriorated.
Norway to expand assistance in Ukraine’s energy transformation
The Ministry of Energy discussed the issue of intensifying cooperation within the Norwegian Nansen Support Program for Ukraine worth 75 billion kroner.
Russia commits 2,500 environmental crimes in Ukraine - Economy Minister
From the outset of a full-scale invasion, Russia has committed 2,500 environmental crimes.
21 October 2023
Mine action strategy should be developed by year-end - Svyrydenko
The mine action strategy for Ukraine should be worked out by the government by the end of 2023.
PricewaterhouseCoopers to help Ukraine assess war-related environmental damage - minister
Ukraine and PricewaterhouseCoopers consultancy signed a memorandum of understanding on support in the investigation and assessment of environmental damage caused by Russia's war of aggression.
Germany to finance master plan for restoration of Mykolaiv
As part of the international project for the reconstruction of Ukrainian cities #UN4Kharkiv, Germany will provide financial support for drafting a master plan for the reconstruction of Mykolaiv.
Power supplies restored to 13,000 consumers in past day - Energy Ministry
On Friday, October 20, electricity supplies were resumed to almost 13,000 consumers, most of them in Donetsk region.
NBU interventions: central bank sells $735.48M on interbank market over week
The National Bank of Ukraine sold $735.48 million in the interbank foreign exchange market in the past week.
Finnish investigators find “heavy object” possibly involved in Balticconnector incident
Finnish authorities are examining a heavy object recovered from the seabed amid their ongoing probe into the recent Balticconnector gas pipeline rupture.
Germany allocates EUR 200M for Ukraine’s recovery
Germany will allocate an additional EUR 200 million for the recovery of Ukraine.
Energoatom records slight decrease in water level in ZNPP cooling pond
As of today, October 21, the water level in the cooling pond at the Zaporizhzhia Nuclear Power Plant (NPP) is at 15.70 m.
Ukraine attracted almost $34B in external financing from its allies
Ukraine has attracted almost EUR 34 billion in external financing from its allies.
Ukrgasvydobuvannya pays almost UAH 17.8B in rent in Jan-Sept 2023
JSC Ukrgasvydobuvannya transferred UAH 17.78 billion in rent payments to the consolidated budget of Ukraine in January-September 2023.
Tariffs during heating season remain unchanged - Shmyhal
Prime Minister of Ukraine Denys Shmyhal said that tariffs for the heating season remain unchanged.
Energy ministry: 1.6GW of capacity added to power grid following repairs
Following the maintenance campaign and preparations for the heating season, power engineers have added 1.6 gigawatts of capacity to Ukraine’s energy system.
Ukraine exports 8.02M tonnes of grain, leguminous crops
In the marketing year 2023/2024, between July 1, 2023 and October 20, 2023, Ukraine already exported 8.02 million tonnes of grain and leguminous crops.
20 October 2023
International partners provide over EUR 4B in support of Ukrainian enterprises – PM
As part of various programs, international partners have provided more than EUR 4 billion in support of Ukrainian enterprises.
Damage to Ukraine's environment caused by war exceeds UAH 2 trillion
Russia's terrorist attack on the Kakhovka dam was the largest act of ecocide in the past 70 years. The Ministry of Environmental Protection and Natural Resources estimates that the total damage to Ukraine's environment caused by Russia’s aggression has exceeded UAH 2 trillion.
German Federal Minister for Environment and Nuclear Safety arrives in Kyiv
Germany’s Federal Minister for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection Steffi Lemke has arrived in Kyiv today for talks on Ukraine’s environmental recovery following Russia’s aggression.
Ukraine already spent over UAH 1 trillion on defense this year – PM Shmyhal
Ukraine has already spent more than UAH 1 trillion on the defense sector in 2023.
Ukraine uses frozen assets of Russian banks to pay compensation – Shuliak
The blocked assets of the Russian banks, which were operating in Ukraine, have been used, among other things, to pay compensation to Ukrainians whose houses were destroyed or damaged due to hostilities.
Ukrainian farmers harvest 57.6M tonnes of grain, oilseeds
As of October 20, 2023, Ukrainian farmers harvested 57.6 million tonnes of grain and oilseed crops.