SBU, American Chamber of Commerce sign memorandum of cooperation
The Security Service of Ukraine (SBU) and the American Chamber of Commerce in Ukraine have signed a memorandum of cooperation, Ukrinform reports, referring to the SBU press service.
Economy
02 February 2022
Ukraine to sign 12 intergovernmental agreements with Turkey on Feb 3 - Shmyhal
Ukraine and Turkey will sign 12 intergovernmental agreements that will bring cooperation between the two countries to a new level in the economy and the sphere of high technology.
Zelensky: Ukraine invites Dutch business to ‘create new success stories’
Ukraine is interested in developing trade, economic and investment cooperation with the Netherlands.
Shmyhal, Rutte agree to organize business missions for investors
Ukraine and the Netherlands have agreed to organize business missions for investors.
Zelensky: National currency is strengthening
President Volodymyr Zelensky has stated that the situation on the Ukrainian market has stabilized and the hryvnia is strengthening.
Ukraine’s pig iron production down almost 2%
In January 2022, Ukraine produced 1.79 million tonnes of pig iron, which is 1.8% less compared to the same period in 2021, Ukrinform reports with reference to the Ukrmetalurgprom Association.
Ukraine's GDP up by more than 3% in 2021 - PM Shmyhal
Thanks to the concerted efforts of the authorities and international support, Ukraine's economy began to recover after the coronacrisis, as evidenced by more than 3% GDP growth in 2021 and a record GDP worth more than $195 billion.
Ukrainian president, Polish PM discuss defense, energy security
Ukrainian President Volodymyr Zelensky has met with Polish Prime Minister Mateusz Morawiecki, who arrived in Ukraine for the first time, the Ukrainian President's Office has said.
01 February 2022
Britain allocating almost GBP 2B for projects with Ukraine
President of Ukraine Volodymyr Zelensky says that the United Kingdom is allocating almost GBP 2 billion for the implementation of joint projects with Ukraine, including in infrastructure and energy.
Ukraine, Poland PMs call on Germany not to launch Nord Stream 2
The entire civilized world, including Germany, must make every effort to prevent the use of Nord Stream 2 as a hybrid energy weapon against Ukraine and the European Union.
European Commission tables 1.2B assistance package for Ukraine
The European Commission has tabled a proposal for a new emergency macro-financial assistance program for Ukraine of up to EUR 1.2 billion, as earlier announced by Commission President Ursula von der Leyen.
Shmyhal, Morawiecki discuss further gas storage cooperation
Prime Minister of Ukraine Denys Shmyhal discussed further gas storage cooperation at a meeting with President of the Council of Ministers of the Republic of Poland Mateusz Morawiecki.
Coal stocks in TPP warehouses decrease by 7.9% over week - Ukrenergo
As of January 31, 2022, coal reserves in the warehouses of Ukrainian thermal power plants (TPPs) amount to 657,200 tonnes, which is 7.9% below the level recorded on January 24.
Ukraine starts physical import of gas from Hungary
On Tuesday, February 1, Ukraine started physical imports of gas from Hungary for the first time, Gas Transmission System Operator of Ukraine (GTSOU) CEO Sergiy Makogon wrote on Facebook.
Zelensky says Ukraine, Turkey to seal FTA deal as early as this week
A free trade agreement between Ukraine and Turkey is expected to be signed within days.
Ukrnafta produced 1.1 bcm of gas, 1.5M tonnes of oil in 2021
In 2021, PJSC Ukrnafta produced 1.117 billion cubic meters of gas and 1.499 million tonnes of oil and condensate, maintaining production result at the level of 2020, Ukrinform reports, referring to the company’s press service.
Zelensky: Ukraine's financial system under control
The Ukrainian economy is stabilizing, and the country's financial system is under control, President Volodymyr Zelensky has said.
Ukraine has enough energy resources – Zelensky
Ukraine has sufficient energy resources for the heating season, President Volodymyr Zelensky has stated in his speech at the opening of the seventh session of the Verkhovna Rada of IX convocation.
EU assistance to Ukraine a signal to investors that there's nothing to fear - Dombrovskis
The provision of EUR 1.2 billion in emergency macro-financial assistance to Ukraine by the European Commission should be a signal to investors that there is no reason to withdraw funds from Ukraine.
Infrastructure Ministry, EU Commission agree on roadmap for implementing CAA agreement
Minister of Infrastructure Oleksandr Kubrakov and Director General of the European Commission's department for Mobility and Transport Henrik Hololei have agreed on a roadmap for implementing the Common Aviation Area (CAA) Agreement between Ukraine and the European Union.
Defense chief says soldiers’ allowance could be raised in 2022
Raising military allowances is an urgent issue for the government, so the plan is to increase their base rate to double the minimum wage by 2023.
Ukraine, Poland agree on lifting restrictions on transit of freight cars
Ukraine and Poland have agreed on lifting restrictions on the transit of freight cars through Ukraine to Poland by rail as soon as possible.
31 January 2022
State Service on Food Safety refunded UAH 11.4M to consumers in 2021
In 2021, the State Service on Food Safety and Consumer Protection of Ukraine transferred refund payments totaling UAH 11.4 million to consumers, which is UAH 1.2 million more than in 2020, Ukrinform reports, referring to the department’s press service.
Ukravtogaz to close its CNG stations on Feb 1
Ukravtogaz, a subsidiary of NJSC Naftogaz of Ukraine, will close its compressed natural gas (CNG) stations across Ukraine on February 1, 2022, Ukrinform reports, referring to the company’s press service.
Banks provided UAH 1.7B under Affordable Loans program last week
Last week authorized banks issued loans for a total sum of UAH 1.7 billion to representatives of the micro-, small- and medium-sized enterprises under the government’s program “Affordable Loans at 5-7-9%", Ukrinform reports, referring to the Economy Ministry’s press service.
Defense minister: No threat of Ukraine’s economy transition to wartime footing
The Ukrainian army is ready to repel the armed aggression of the Russian Federation, and there is no threat of Ukraine’s economy transition to a wartime footing.
NBU records decrease in currency demand on interbank market
The National Bank of Ukraine (NBU) has recorded a decline in currency demand on the interbank foreign exchange market last Friday, according to a press release issued by the central bank, Ukrinform reports.
PM: Ukraine has enough resources for macroeconomic stability
Ukraine currently has enough resources to ensure its macroeconomic and macro-financial stability.
NBU provides UAH 881M in refinancing to three banks
The National Bank of Ukraine (NBU) provided UAH 881 million in refinancing to three banks, Ukrinform reports, referring to the central bank’s press service.