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Wednesday, 31 December 2025, 03:30
Ukrainian Finance Minister Sergii Marchenko and Deputy Finance Minister Oleksandr Kava have met with John Barter, Senior Vice President at the security and development think tank GLOBSEC, to discuss prospects for Ukraine's economic recovery.
Last month Ukraine’s electricity imports reduced by 58% to 181.8 thousand megawatt-hours compared to September 2024. Meanwhile, the export of electricity increased by 88 times to 60.7 thousand megawatt-hours.
07 November 2024
Naftogaz Group’s companies have been steadily increasing natural gas production volumes for two years in a row to fully meet the needs of Ukrainians, and are planning to further develop the gas production sector.
Ukraine’s maritime corridor continues to operate as scheduled. Currently, the enemy does not use missile weapons against the Odesa region’s port infrastructure.
Ukrainian President Volodymyr Zelensky has said that the economic element will be a key element of an internal Plan for Strengthening Ukraine.
Zhytomyr and Rivne regions of Ukraine were partially left without electricity as a result of the Russian strile targeting an energy infrastructure facility.
From November 9, 2024, Ukrenergo National Power Company will suspend payments under its outstanding green notes.
06 November 2024
In January-October 2024, Ukrgasvydobuvannya JSC transferred UAH 18.04 billion in rent payments to the consolidated budget.
In cooperation with Charitable Foundation ‘Energy of Victory of Ukraine’ [Enerhiia Peremohy Ukrainy] and Dobrobat Non-Governmental Organization, Naftogaz Group has transferred 4,000 charging stations ensuring the autonomous operation of household gas boilers to the vulnerable categories of Ukrainians.
The Cabinet of Ministers included technical facilities operated by telecommunication companies in the list of critical sites that are not subject to compulsory blackout schedules.
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.