Only 9% of almost 1,500 global companies leave Russian market - Podolyak
A mere 9% of almost 1,500 global companies have left the Russian market since the full-scale invasion.
Economy - Latest news
12 February 2023
Enemy hampering Ukraine’s potential efforts to reconnect Zaporizhia NPP to power system - minister
The situation of the Zaporizhia Nuclear Power Plant, which has been captured by Russian terrorists, is deteriorating. The Russians are jeopardizing the possibility of quickly reconnecting the station to the Ukrainian power system once it is liberated by the Ukrainian forces.
Ukraine “completely independent” from Russia on nuclear fuel - minister
Ukraine has diversified the supply of nuclear fuel for power generation, having severed any dependency on Russia.
World Bank, WHO believe damage to Ukraine’s healthcare system stands at $26B
The World Bank and the World Health Organization estimate the damage inflicted by Russian aggression on Ukraine's healthcare system at $26 billion.
No capacity deficit in Ukraine’s power system as two NPP units put into operation
Electricity consumption as of 11:00 remains significant due to the drop in temperature, while no power shortage is reported due to the commissioning of two nuclear power plant units and successful repair works by Ukrenergo’s crews.
11 February 2023
First amber auctions scheduled in ProZorro.Sale system for February 27
Seventeen auctions for the sale of amber, totaling more than UAH 13 million, will take place in the ProZorro.Sale system on February 27, 2023.
In Kharkiv, central heating fully restored for households
In Kharkiv, heat supplies were restored to all residential blocks that had been cut off as a result of Russian missile strikes on February 10.
Gov’t expands list of licensed importers of military goods
The Ukrainian government has expanded the list of defense companies entitled to import military goods for their own production needs and to export their own military goods.
Ukrenergo: Energy situation challenging but controlled after Russian massive attack
Following Russia’s recent missile and drone attack, the situation in Ukraine’s energy system is challenging but controlled. Emergency blackouts are introduced in Kharkiv due to the damage caused to energy objects.
Russia seeks to once again weaponize oil - White House
Washington called Moscow’s statements about a possible oil production curb another attempt to weaponize energy.
10 February 2023
Reactor unit at Khmelnytskyi NPP shuts down due to Russian attacks
On February 10, 2023, due to Russian attacks on Ukraine’s civil infrastructure, one of reactor units at Khmelnytskyi Nuclear Power Plant (NPP) shut down.
Ukraine can replace Russian, Belarusian goods worth $7B in EU market – Economy Ministry
Ukrainian industrial manufacturers can replace Russian and Belarusian goods worth $7 billion in the EU market.
Ukraine has lost three quarters of its TPP capacity - Shmyhal
Almost 20 power units of Ukrainian thermal power plants were damaged due to constant Russian missile attacks, and given the occupation of part of the facilities, Ukraine has lost three-quarters of its TPP capacity.
UAH1B corruption scheme: Searches underway in Nadra Ukrayny case
Law enforcement operatives are conducting warranted searches in the case of the illegal withdrawal of assets worth tens of millions of hryvnias from NJSC Nadra Ukrayny.
Ukraine court seizes almost 2,500 t of iron Russian-produced ore
The court ruled to seize almost 2,500 tonnes of iron ore produced by the Russian Federation.
Emergency power outages in Ukraine following Russia’s latest strikes
The main targets of today's missile attack by Russia were power plants and high-voltage grid facilities, which resulted in a significant capacity deficit in the power system. Emergency blackouts are being applied across the country’s regions.
Energy facilities damaged in six regions after Russia’s recent missile and drone attack
Russia’s recent massive missile and drone attack has caused damage to energy facilities in six regions of Ukraine. Emergency blackouts are now in effect across most regions.
JP Morgan to help Ukraine attract investment for reconstruction - economy ministry
The investment company JP Morgan will help Ukraine attract private investments for the country’s reconstruction.
Ukrainians acquire almost UAH350M worth of military bonds through Diia app - minister
Ukrainians have already purchased more than 350,000 army bonds through the Diia application for government e-services, which ensured almost UAH 350 million in revenue to the national budget.
09 February 2023
Inflation on consumer market reaches 26% in annual terms - State Statistics
Consumer price inflation in Ukraine reached 0.8% in January 2023 compared to December 2022, prices rose by 26.0% compared to January 2022, according to the State Statistics Service.
Minister Fedorov: Ukraine has no issues with Starlink terminals at the moment
Currently, Ukraine has no issues with the operation of Starlink terminals, which ensure a stable internet connection for critical infrastructure, ‘points of invincibility’, and allow Ukrainians to keep in touch with relatives.
PM Shmyhal meets with J.P. Morgan representatives
During a meeting with representatives of J.P. Morgan, the largest banking holding company in the United States, Prime Minister Denys Shmyhal outlined the most promising areas of investment in Ukraine.
Minister Galushchenko urges French businesses to invest in Ukraine’s energy restoration
It is important for Ukraine to cooperate with French companies in terms of the restoration of its energy sector.
08 February 2023
Capacity deficit in Ukraine’s power system remains - operator
The available volume of generated electricity is still insufficient to cover full consumption, leading to a capacity deficit, primarily in the evening hours.
Ukraine’s foreign exchange reserves rise to $29.9B as of Feb 1
As of February 1, 2023, Ukraine’s foreign exchange reserves came to $29.921 billion.
07 February 2023
Odesa region may return to scheduled shutdowns on weekend - Ukrenergo
In Odesa and the region, a difficult situation with electricity supply remains in place following an accident at one of the Ukrenergo facilities. However, by the weekend, if there are no new attacks, a return to scheduled blackouts is expected.
06 February 2023
Russia creates obstacles to Black Sea grain initiative – Kyslytsya
At a meeting of the UN Security Council on Monday, Permanent Representative of Ukraine to the United Nations Sergiy Kyslytsya spoke of the humanitarian effects of the war unleashed by Russia against Ukraine, an Ukrinform correspondent reports.
NSDC sanctions list includes 200 Russian nuclear industry enterprises
Ukrainian President Volodymyr Zelensky has endorsed an initiative of the Security Service of Ukraine and enacted a decision of the National Security and Defense Council of Ukraine (NSDC) to impose economic sanctions on Russia’s Rosatom and 199 companies, which are part of this corporation.
Emergency blackouts applied due to colder weather in Kyiv, two other regions
As of the morning of February 6, electricity consumption has increased due to the cold weather, which has caused electricity shortage in the power system, therefore network restrictions remain in place in two regions and the capital city of Kyiv.
05 February 2023
Romanian barge with 860 tonnes of Ukrainian wheat sinks in port of Reni - media
A Romanian barge with tonnes tons of Ukrainian wheat, which was to be exported to the EU, has sunk in the port of Reni on the Danube River in the Odesa region.