Budget support exceeds $100B: Finance Ministry names Ukraine’s biggest donors
Since the beginning of Russia’s full-scale invasion, Ukraine has received more than $100 billion in external budget support.
Economy
Ukraine already harvests 71.4M tonnes of grain, oilseed crops
As of November 15, 2024, a total of 71.4 million tonnes of the new-harvest crops were gathered across Ukraine.
15 November 2024
The Hague hosts meeting on establishment of international Claims Commission for Ukraine
On November 13-15, The Hague hosted the third preparatory meeting on the establishment of an international Claims Commission for Ukraine, during which the Ukrainian delegation presented its position.
Energy minister announces construction of over 800 MW of wind generation in 2025
In the direction of renewable energy, the development of wind energy will be key in 2025 in Ukraine.
Gazprom halting gas supplies via Ukraine to Austria’s OMV
Starting tomorrow, Russia’s energy giant Gazprom will stop supplying natural gas via Ukraine’s territory to the Austrian company OMV.
Shmyhal, Verma discuss investments and recovery initiatives
Ukrainian Prime Minister Denys Shmyhal met with U.S. Deputy Secretary of State and Acting Special Representative for Ukraine's Economic Recovery, Richard Verma, to discuss key economic initiatives and recovery projects.
Minister Galushchenko: Ukraine ready to help Poland develop nuclear power industry
Poland is planning to develop the nuclear power industry, and Ukraine has significant experience and corresponding professionals. Hence, Kyiv is ready to provide assistance to Warsaw in this area.
Ukraine needs more air defense systems to protect energy sector - Galushchenko
Ukraine urgently requires air defense systems from its Western partners to protect its infrastructure from Russian attacks.
Ukraine to attract more than $1B from World Bank and EUR 150M from EU
At its meeting on November 15, the Cabinet of Ministers has approved a decision on raising a concessional loan from the World Bank for more than $1 billion and an additional EUR 150 million from the European Union.
Own Business programme: 22,000 Ukrainians receive grants worth UAH 5.2B
As of November 12, 2024, as part of the Own Business [Vlasna Sprava] government programme, a total of UAH 5.2 billion worth of grants were approved for 22,000 Ukrainians.
Think tank predicts major issues for Russian economy in 2025
With the Russian economy likely to face significant challenges in 2025, Russian dictator Vladimir Putin is concerned about the country's long-term economic stability.
Some 300MW of renewable electricity facilities created in Zakarpattia region
A total of 300 megawatts of renewable electricity facilities have been created in the Zakarpattia region.
U.S. allocates $825M in assistance for Ukraine's energy infrastructure this year
The United States has allocated $825 million this year for the restoration of Ukraine's energy system, which has been heavily damaged by Russian attacks.
Minister Galushchenko, partners discuss development of distributed generation in Ukraine
During the conference Rebuild Ukraine 2024, Ukrainian Energy Minister German Galushchenko held a number of meetings with partners with regard to cooperation in the development of distributed generation and providing assistance to Ukrainian power engineers.
14 November 2024
Russia threatens to kick IAEA monitors out of captured Zaporizhzhia NPP at any moment
Russia can disallow further operation of experts from the International Atomic Energy Agency (IAEA) should it deem their work unnecessary.
European Parliament calls for stronger EU sanctions against Russia’s "shadow fleet"
The European Parliament today adopted a resolution calling on the EU to take decisive action against the Russian "shadow fleet" of tankers, used to circumvent EU sanctions imposed over Russia's war of aggression against Ukraine, as well as to comply with the internationally agreed price cap on Russian oil.
Ukraine expects $1.1B tranche from IMF in late Dec - PM
Ukraine expects to receive a $1.1 billion tranche from the International Monetary Fund at the end of December.
EC approves second EUR 4.1B payment under Ukraine Facility - Shmyhal
The European Commission has approved the disbursement of EUR 4.1 billion to Ukraine under the EU's Ukraine Facility.
Some 40% of all relocated businesses now operating in Zakarpattia region
A total of 282 businesses relocated from the areas of hostilities and frontline regions are now operating in the Zakarpattia region.
Naftogaz Group boosts gas production by 6% over 10 months
In January-October 2024, Naftogaz Group’s companies produced 12.3 billion cubic meters of gas, which is 6% higher compared to the same period last year.
Ukraine launching marketplace to promote IT companies
In cooperation with Lviv IT Cluster, the Ukrainian Digital Transformation Ministry has launched a tech companies platform, CodeUA, which will help foreign customers connect with Ukrainian contractors.
Ukraine's Defense Ministry developing strategy for 2025 - Umerov
The Ukrainian Defense Ministry is working on a development strategy for 2025 and, together with the Ministry of Strategic Industries, is prioritizing investments in the defense industry.
13 November 2024
About 10,000 km of railroad tracks destroyed in Ukraine since war started
Since the Russian full-scale invasion started, about 10,000 kilometers of railroad tracks in Ukraine have been damaged, destroyed or lost.
Draft state budget for 2025 includes more than UAH 55B for weapons production
Ukraine’s draft state budget for 2025 envisages more than UAH 55 billion for the production of weapons and military equipment.
Smetanin, Borrell discuss integrating Ukraine’s defense industry into European defense sector
Ukrainian Strategic Industries Minister Herman Smetanin and EU High Representative for Foreign Affairs and Security Policy Josep Borrell have discussed the issues related to integrating Ukraine’s defense industry into the European defense sector.
12 November 2024
Ukraine completing creation of three new joint ventures with European armsmakers
Ukraine is close to setting up three new joint ventures with European weapons producers, and five joint ventures have already been set up.
Occupiers continuing to export coal from 'LPR' despite sanctions
Despite the sanctions imposed on Russian invaders, the coal stolen in the temporarily captured Luhansk region continues to be exported to several countries.
Some 90% of SMEs resume operations in Mykolaiv region’s de-occupied Snihurivka community
In the Mykolaiv region’s de-occupied Snihurivka community, 90% of small and medium-sized enterprises (SMEs) have resumed operations.
Zhytomyr region’s Berdychiv sees increased number of individual entrepreneurs since war started
Over the past two years, the number of those who started their own business or registered as an individual entrepreneur has increased in the Zhytomyr region’s city of Berdychiv.