NBU provides UAH 50M in refinancing to one bank
The National Bank of Ukraine (NBU) provided UAH 50 million in refinancing to one bank, Ukrinform reports, referring to the central bank’s press service.
Economy
NBU purchased $119.6M on interbank foreign exchange market last week
The National Bank of Ukraine (NBU) purchased $119.6 million on the interbank foreign exchange market last week, Ukrinform reports, referring to data provided by the central bank.
16 October 2021
Ukraine has huge potential for biogas production – Naftogaz CEO
Ukraine has a huge potential for large-scale biogas production so that to ensure its energy independence, CEO of NJSC Naftogaz of Ukraine Yuriy Vitrenko has said.
15 October 2021
Gazprom reduced gas transit through Ukraine three times this year - GTSOU
Russia's gas monopoly Gazprom reduced natural gas transit through the Ukrainian gas transmission system three times this year, according to Sergiy Makogon, CEO of the Gas Transmission System Operator of Ukraine (GTSOU).
G7 ambassadors, NBU governor discuss fulfillment of IMF program commitments
The ambassadors of the G7 countries and the governor of the National Bank of Ukraine, Kyrylo Shevchenko, have discussed the fulfillment of IMF program commitments and plans to continue the reform of the banking sector, according to the Twitter account of the UK Presidency of the G7 Ambassadors' Support Group in Kyiv.
14 October 2021
Ukraine may receive next IMF tranche by year-end
Ukraine may receive the next IMF tranche worth about $1.4 billion in October-December.
Shmyhal invites Swedish companies to implement joint projects in Ukraine
Prime Minister of Ukraine Denys Shmyhal invited Swedish companies to implement joint projects in Ukraine.
13 October 2021
NBU Board meets with G7 ambassadors
The Board of the National Bank of Ukraine (NBU) has met with G7 Ambassadors and the EU Delegation to Ukraine, according to the central bank's press service.
Almost 73,500 ha of agricultural land sold in Ukraine since market opened
As of October 13, Ukraine registered 29,493 agreements on the purchase and sale of agricultural land, Ukrinform reports.
Seven major accidents: Russia's GTS in poor condition
The ground infrastructure of Russia’s gas transmission system is in poor condition.
G7 Ambassadors, IMF mission chief discuss Ukraine’s progress in SBA
G7 Ambassadors discussed Ukraine’s progress in its IMF program with IMF mission chief to Ukraine Ivanna Vladkova Hollar.
Over UAH 4.6B already invested in Ukraine’s GTS in 2021 as part of modernization
The allegations claiming the Ukrainian gas transmission system is not being repaired or maintained are completely false as EUR 1.5 billion worth of investment in technology upgrades has been laid down for a 10-year period.
Finance Ministry places government bonds for UAH 514M
The Ministry of Finance raised UAH 514 million to the state budget at an auction for the placement of domestic government bonds, according to the ministry's press service.
Energy Ministry not planning to resume imports from Russia and Belarus
The Ukrainian Ministry of Energy is not considering the issue of commercial imports from Russia and Belarus for the heating season.
12 October 2021
PM Shmyhal thanks EU for 600 mln in aid
Prime Minister of Ukraine Denys Shmyhal thanked the European Union for allocating the second tranche of macro-financial assistance totaling EUR 600 million.
EU Gas Directive fully applies to Nord Stream 2 – European Commission president
The EU Gas Directive, which establishes European gas market rules for all pipelines entering the EU from third countries, including in matters of de-monopolization and third party access to their operation, fully applies to the Nord Stream 2 gas pipeline.
Ukraine has received over EUR 17 B in loans and grants from EU since 2014
The European Union has reaffirmed its support for Ukraine with a clear link to the effective implementation of reforms and policies.
EU supports gas transit through Ukraine after 2024
The European Union has reiterated its support to continue gas transit via Ukraine after 2024.
Ukraine needs some UAH 300B for energy modernization program - Zelensky
Ukraine has developed a detailed program of energy modernization, requiring about UAH 300 billion (US$9.82 billion) for its implementation.
Agrarian Policy Ministry: 60% of projected area already sown with winter crops
As of October 11, Ukrainian farmers sown 4.7 million hectares with winter crops, which is 60% of the projected area, Ukrinform reports with a reference to the Ministry of Agrarian Policy and Food of Ukraine.
NBU expects reserves to once again rise to $30B
The National Bank of Ukraine expects the country’s foreign reserves to exceed $30 billion by the end of the year.
GTSOU invested over UAH 4.6B in modernization in Jan-Aug 2021
In January-August 2021, Gas Transmission System Operator of Ukraine LLC (GTSOU) invested more than UAH 4.6 billion in the modernization of gas transmission system.
Ukraine begins exporting raspberries to USA and Canada
In 2021, Ukraine started exporting frozen raspberries to the United States and Canada for the first time, Ukrinform reports, referring to the ЕastFruit platform for fruit and vegetable business.
11 October 2021
Shmyhal: Economic advantage of synchronization with ENTSO-E estimated at $1.5B a year
The economic advantage of the Ukrainian power grid synchronization with the European Network of Transmission System Operators for Electricity (ENTSO-E) is estimated at $1.5 billion per year, Prime Minister of Ukraine Denys Shmyhal has said.
Ukraine technically prepared for synchronization with ENTSO-E - Galushchenko
Ukraine is technically prepared to synchronize the country's power grid with the European Network of Transmission System Operators for Electricity (ENTSO-E), according to Ukrainian Energy Minister German Galushchenko.
Ukraine to export poultry meat to Jordan – MFA
The competent authorities of Ukraine and Jordan have agreed on the form of a certificate for the exports of poultry meat, offal and other poultry products from Ukraine to Jordan, Ukrinform reports, referring to the Ukrainian Ministry for Foreign Affairs.
Banks issued affordable loans worth UAH 857M last week
Last week authorized banks issued 343 loans for a total sum of UAH 857.4 million under the government’s program “Affordable Loans at 5-7-9%", Ukrinform reports with a reference to the Finance Ministry’s press service.
Economy Ministry names reasons for price growth in September
In September 2021, after deflation in August, consumer prices in Ukraine rose by 1.2% due to higher food and energy prices in foreign markets, Ukrinform reports, referring to the press service of the Ukrainian Economy Ministry.
Energy efficiency should become national idea - Dombrovsky
Energy efficiency should become a national idea not only for Ukraine, but also for all Ukrainian companies that want to take a worthy place in world markets, according to Oleksandr Dombrovsky, President of MHP Eco Energy, Chairman of the Board of Global 100% RE Ukraine.