Ukrainian farmers already harvested over 62M t of new crops
As of October 11, farmers in Ukraine harvested 62.2 million tonnes of new crops from an area of 16.8 million hectares.
Economy - Latest news
13 October 2024
12 October 2024
Investments in weapons production: President instructs MoD to implement French model of cooperation
President of Ukraine Volodymyr Zelensky has instructed the Ministry of Defense to ensure the implementation of the French model of cooperation, which involves attracting investment to create new production facilities.
More than 30,000 ha of Ukrainian farmland cleared of mines in September
In September 2024, sappers surveyed and cleared of mines more than 30,500 hectares of agricultural land in Ukraine, which is 1.5 times more than in the previous month.
Sybiha, Borrell discuss progress on providing EUR 35B loan to Ukraine
Ukraine’s Foreign Minister Andrii Sybiha, during a phone conversation with the EU High Representative Josep Borrell, discussed the progress on providing 35 billion euros in loans to Ukraine using frozen Russian assets.
Turkey slaps duties on Russian steel products
Turkey has imposed anti-dumping duties on imports of certain steel products from Russia, China, India and Japan.
Price growth in September higher than forecast - NBU
In September 2024, consumer inflation accelerated to 8.6% year-on-year, up from 7.5% in the previous month.
Over 500 Ukrainian settlements in blackout due to hostilities and technological disruptions
As of the morning of Saturday, October 12, as many as 511 settlements in Ukraine remain without electricity due to hostilities and technological disruptions.
No power outages expected in Ukraine on Oct 12
The authorities will not restrict energy consumption across Ukraine on Saturday, October 12.
Yermak meets with Italy’s minister of enterprises in Rome
Head of the Ukrainian President's Office Andriy Yermak met with Minister of Enterprises and Production Adolfo of Italy Adolfo Urso in Rome.
11 October 2024
75M tons of cargo shipped via Ukrainian maritime corridor
Since the launch of Ukraine’s maritime corridor, 75 million tons of cargo have been shipped, including 50 million tons of agricultural products.
World Bank approves creation of financial trust fund for Ukraine worth at least USD 10B
The World Bank's Board of Directors has approved the creation of a special financial trust fund for Ukraine, which will amount to at least USD 10 billion.
Ukraine, Hungary to establish cooperation between two countries' farmers
Ukrainian Agrarian Policy and Food Minister Vitaly Koval has met with Hungarian Agriculture Minister Istvan Nagy as part of his working visit to Hungary.
World Bank approves creation of financial intermediary fund to support Ukraine - media
The World Bank's executive board on Thursday approved the creation of a financial intermediary fund (FIF) to support Ukraine.
Naftogaz Group produces more than 11 bcm of gas over nine months
In January-September 2024, Naftogaz Group’s companies produced more than 11 billion cubic meters of gas, which is 0.7 billion cubic meters higher compared to the same period last year.
Zaporizhzhia NPP restores connection to backup power line - IAEA
At the occupied Zaporizhzhia Nuclear Power Plant (NPP), the connection to a 150-kilovolt backup power line has been restored.
10 October 2024
Russia has already damaged almost 300 port infrastructure facilities - Kuleba
In recent months, Russia has been deliberately attacking Ukraine's port infrastructure and has already damaged or destroyed nearly 300 facilities.
USAID attracts nearly $1.75B to support Ukraine's agricultural sector
The United States Agency for International Development (USAID) announced the expansion of the Agriculture Resilience Initiative-Ukraine (AGRI-Ukraine), attracting nearly $1.75 billion in additional investments for Ukraine's agricultural sector through nine new partners from the private sector, international financial institutions, and other donors.
Ukraine can strengthen Europe’s energy security in new geopolitical conditions – Naftogaz CEO
The role of Ukraine in Europe’s energy system will only grow in the future, and the country can strengthen the energy security of the European continent thanks to its developed infrastructure.
Businesses step up development of renewable energy sources in 2024 – expert
Following the war-related crisis of conventional generation, businesses intensified the development of renewable energy sources in 2024 compared to last year.
New sanctions against Russia: Ukraine imposes restrictions on 90 individuals, 57 companies
Ukrainian President Volodymyr Zelensky has enacted the decision of the National Security and Defense Council of Ukraine (NSDC) to impose personal sanctions against 90 individuals and four legal entities, as well as 57 companies.
Ukraine's PM, World Bank official discuss projects to support Ukraine budget
Ukrainian Prime Minister Denys Shmyhal and World Bank Managing Director of Operations Anna Bjerde have discussed projects to support Ukraine's state budget.
UMCC sold through privatization auction for more than UAH 3.9B
The Ukrainian State Property Fund has sold United Mining and Chemical Company (UMCC) JSC through privatization auction for UAH 3.93 billon.
09 October 2024
Ukraine has chance to go through winter without blackouts – Energy Minister
Ukraine could get through the upcoming winter without massive power outages if Russia fails to destroy critical energy infrastructure facilities that survived previous attacks.
EU approves provision of EUR 35B loan to Ukraine
The European Council on Wednesday reached an agreement on a financial assistance package to Ukraine, including an exceptional macro-financial assistance (MFA) loan of up to EUR 35 billion and a loan cooperation mechanism that will support Ukraine in repaying loans for up to EUR 45 billion provided by the EU and G7 partners.
Urgent need to build second and third levels of critical infrastructure protection – PM
With winter approaching, Ukraine faces pressing challenges, including providing drinking water to the southern Ukrainian regions, securing energy and heat supplies, and constructing the second and third levels of critical infrastructure protection.
In Ukraine, 527 settlements without electricity due to war, technical violations
As of the morning of October 9, 527 settlements remain without electricity supply due to hostilities and technological disruptions.
Despite announced strike, Polish farmers did not block traffic on Ukraine border - Demchenko
The traffic of trucks crossing from Ukraine into Poland has not been blocked.
08 October 2024
Russia exports over 180,000t of Ukrainian grain via Mariupol port in 2024 – PM Shmyhal
This year, the Russians exported more than 180,000 tons of stolen Ukrainian grain through the port of Mariupol alone.
World Bank, Agrarian Policy Ministry discuss land reclamation development in Ukraine
Minister of Agrarian Policy and Food of Ukraine Vitalii Koval and the World Bank delegation discussed the implementation of cooperation projects and the state of Ukraine's irrigation sector, as well as prospects for its development.
Japanese envoy: JETRO’s office in Kyiv to facilitate business cooperation between two countries
The opening of an office of Japan External Trade Organization (JETRO) in Kyiv will facilitate business cooperation between the two countries and unlock the possibility of implementing many projects.