Founded in 1918
Thursday, 21 November 2024, 10:51
The Ukrainian State Property Fund has scheduled a repeated auction for November 7, 2024 to sell the state-owned block of shares in the amount of 97.5458% in the authorized capital of Zaporizhzhia Industrial Aluminium Plant JSC.
In January-October 2024, the general fund of Ukraine's state budget received UAH 1,671.0 billion.
05 November 2024
Prime Minister Denys Shmyhal announced on November 5 that the heating season has begun in all regions of Ukraine, with the exception of Kherson, where warmer weather persists.
The draft bill on the coupling of the energy markets of Ukraine and the European Union, which had been registered in the Verkhovna Rada of Ukraine, is a positive development. With its adoption, Ukraine can complete the transposition process related to the electricity integration package.
A portion of funds which has been recently allocated by the European Union for the Ukraine Energy Support Fund comes from the proceeds from frozen Russian assets, and this approach provides a practical means of holding Russia accountable for the damages it has caused in Ukraine.
The Energy Community Secretariat will support any decision made by Ukraine with regard to Russian gas transit through its territory.
Ukraine’s electricity market is experiencing an accelerated integration into the EU’s market
In January-June 2024, Ukraine’s honey exports towards EU countries reached 40.6 thousand tonnes, totaling USD 70.7 million.
04 November 2024
Under the new project “Resilient, Inclusive and Sustainable Enterprise” (RISE), Ukraine has signed agreements with the World Bank worth almost $600 million.
In 2024, Naftogaz Group’s companies announced competitive tenders worth more than UAH 66 billion. The total value of signed agreements came to UAH 41.5 billion.
This season sugar refineries in the Ternopil region have already produced more than 157,000 tonnes of sugar.
Naftogaz Group has endorsed a uniform standard to check contractors, as well as provides a confidential hotline to report potential violations.
The latest round of the “Ukraine’s Investment Attractiveness Index” survey, conducted by the European Business Association in partnership with NEQSOL Holding, showed that 70 percent of the companies covered by the poll plan to invest in Ukraine amid the war.
This year Naftogaz Group’s capital expenditures (CAPEX) have reached about UAH 62 billion. In 2025, their amount is expected to grow.
Taiwan’s government took action after schemes were exposed by foreign think tanks, including Ukraine’s Center for Defense Reforms, of Taiwanese machine tool supplies to Russia in evasion of international sanctions.
In 2023-2024, Naftogaz Group took fourth place in terms of procurement volumes via the Prozorro system, and 90% of agreements were signed with Ukrainian contractors.
Capital investments in the production, processing and supply of energy resources in Ukraine increased by 2.2 times in 2023 year-over-year, to UAH 109.3 billion.
02 November 2024
The price of a Russian victory will be times higher for Germany than helping Ukraine win over Russia in the ongoing war.
The German Federal Ministry for Economic Cooperation and Development (BMZ) has provided an additional EUR 2.4 million to support the project on the recovery of green industry through development at the level of Ukrainian municipalities as part of the UNIDO Program for a green industrial recovery in Ukraine for 2024-2028.
The Belgian company Thales and a Ukrainian defense company have signed a memorandum on joint production of missiles to counter enemy drones.
As of November 1, 2024, a total of 66.7 million tonnes of the new-harvest crops were gathered across Ukraine.
On October 31, 2024, the World Bank announced that a new private sector development program, totaling USD 593 million, would launch in Ukraine.
01 November 2024
The energy terror by Russia has contributed to the increase of the role of gas in Ukraine’s energy balance. That is why the government has taken measures to make sure there is enough "blue fuel" in storage to stay warm this winter
The West saw a major shift in the attitude toward Russian assets immobilized since the full-scale invasion of Ukraine.
Forty-six combatants and their family members have received more than UAH 21.7 million worth of business development grants in the Ternopil region.
At Ukraine's Zaporizhzhia Nuclear Power Plant (ZNPP), repairs are being conducted in one of its six reactors after a small water leakage was detected from an impulse line – essentially a small pipe – connected to the unit's primary circuit, with the work expected to be completed later this week.
In the Ukrainian-controlled Donetsk region, farmers are finishing the harvesting of grain crops. A total of 317.4 thousand tonnes of grain has already been gathered from 95.7% of crop fields.
The Vinnytsia region’s sugar refineries have already produced 164,000 tonnes of sugar.
In recent months, the inflation rate has increased expectedly. However, the pace of the increase turned out to be faster than the forecast, and it may reach 9.7% by the end of the year.