Israel to attract up to 2,000 builders from Ukraine - embassy
Israel's government has decided to attract an additional 2,000 builders from Ukraine, the Embassy of Ukraine in Israel has announced on Facebook.
Economy - Latest news
28 October 2021
Naftogaz suffered UAH 1.65B of net loss in H1 2021
NJSC Naftogaz of Ukraine has suffered a net loss of UAH 1.65 billion in January-June 2021.
Wage arrears to coal miners reach UAH 1.95B - Volynets
Total wage arrears to coal miners in Ukraine have reached UAH 1.95 billion, according to Mykhailo Volynets, Head of the Independent Trade Union of Miners of Ukraine.
Naftogaz developing programs to increase use of biogas – Vitrenko
NJSC Naftogaz of Ukraine is working on the development of programs to increase the use of biogas, including biomethane, Ukrinform reports, referring to the company’s press service.
Stefanchuk signs law on energy efficiency
Chairman of the Verkhovna Rada Ruslan Stefanchuk has signed the Law "On Energy Efficiency" (No.4507).
Deposit Guarantee Fund: UAH 442M transferred to insolvent banks’ accounts in Sept
In September 2021, inflows of funds to banks being under liquidation amounted to UAH 442.6 million, of which UAH 427.7 million came from the sale of assets through electronic auctions, according to the press service of the Deposit Guarantee Fund of Ukraine.
Government to spend UAH 1B on improving quality of drinking water - Shmyhal
The Cabinet of Ministers plans to allocate UAH 1 billion to improve the quality of drinking water in Ukraine next year, Prime Minister Denys Shmyhal has said.
Ukraine implementing barrier-free projects at five key transport hubs
The Ukrainian Ministry of Infrastructure is implementing pilot projects to provide barrier-free environment at five key transport hubs in the country.
27 October 2021
Ukraine, Tajikistan stepping up cooperation in priority sectors of economy
Ukraine and Tajikistan are stepping up cooperation in priority sectors of the economy.
Government expects increase in coal production
The Cabinet of Ministers expects Ukrainian mines to increase coal production, Prime Minister Denys Shmyhal has said.
Ukraine can pump additional volumes of gas to Europe already today – Danilov
Ukraine can already provide additional capacities to pump 50-55 billion cubic meters of natural gas to Europe.
Ukraine, Israel to hold talks on free trade in services next year - Ambassador Brodsky
Ukraine and Israel will start negotiations next year on the signing of an agreement on free trade in services, Israeli Ambassador to Ukraine Michael Brodsky has said in an interview with RBC-Ukraine.
Ukrainian miners extract 6.6% more coal than planned in Jan-Sept 2021
In January-September 2021, Ukrainian mining enterprises of all forms of ownership produced 21.816 million tonnes of coal, which is 6.5% more than planned, Ukrinform reports, referring to data provided by the Ministry of Energy.
Ukraine retains tenth place in world pig iron production
In January-September 2021, Ukraine produced 16.15 million tonnes of pig iron, taking the tenth place in the world ranking of pig iron producers, Ukrinform reports, referring to the Ukrmetalurgprom Association.
Vitrenko: German Ministry for Economic Affairs did not consult Ukraine about Nord Stream 2 certification
Naftogaz CEO Yuriy Vitrenko says that the German Federal Ministry for Economic Affairs and Energy did not consult Ukraine about certification of the Nord Stream 2 gas pipeline.
Minister Marchenko, Ambassador Brodsky discuss Ukraine-Israel cooperation
Ukrainian Minister of Finance Serhiy Marchenko met with newly appointed Ambassador of Israel to Ukraine Michael Brodsky on October 26, Ukrinform reports, referring to the Finance Ministry’s press service.
Ukraine’s public and publicly guaranteed debt reached $92B in September
Ukraine’s total public and publicly guaranteed debt reached UAH 2,445.52 billion in the hryvnia equivalent or $92.02 billion in the U.S. dollar equivalent as of the end of September, Ukrinform reports, referring to the press service of the Finance Ministry.
Passenger flow in Ukraine grows by almost 27% - State Statistics Service
The number of passengers served by Ukrainian transport companies grew by 26.6% in January-September 2021 compared with the relevant period in 2020, to 47.0 billion passenger-kilometers, Ukrinform reports, referring to data provided by the State Statistics Service of Ukraine.
Finance Ministry places government bonds for UAH 17.2B
The Ukrainian Ministry of Finance raised UAH 17.2 billion to the state budget at an auction for the placement of domestic government bonds, according to the ministry's press service.
26 October 2021
UkSATSE gets UAH 183M in net profit in Q3 2021
The Ukrainian State Air Traffic Services Enterprise (UkSATSE) received UAH 183 million in net profit in the third quarter of 2021, according to the enterprise’s press service.
Cabinet of Ministers reduces gas price for SoLR customers
The Cabinet of Ministers has reduced the price of gas for household customers of the supplier of last resort (SoLR, NJSC Naftogaz of Ukraine) to UAH 7.96 per cubic meter (including VAT) in October-November 2021.
Ukraine, Jordan to expand cooperation in agriculture – Ukrainian Foreign Ministry
Ukraine's Deputy Foreign Minister Dmytro Senik has met with Jordan's Agriculture Minister Khaled Hneifat as part of his visit to the Kingdom, the Ukrainian Foreign Ministry has reported.
UkraineInvest received 27 applications from potential investors for a total sum of $2B
The Investment Promotion Office (UkraineInvest) has received 27 applications from potential investors for a total sum of $2 billion.
MFA to facilitate Ukraine-Jordan cooperation in IT industry
The Ukrainian Ministry of Foreign Affairs will promote the revival of contacts between representatives of the IT industry of Ukraine and Jordan.
Ukraine may harvest more than 100M tonnes of grain in 2021 - Leshchenko
Ukraine may report a record harvest of more than 100 million tonnes of grain and oil-bearing crops this year, according to Roman Leshchenko, Minister of Agrarian Policy and Food of Ukraine.
Ukravtogaz sold over 25 mcm of compressed natural gas in Jan-Sept 2021
The network of Ukravtogaz, a subsidiary of NJSC Naftogaz of Ukraine, sold 25.3 million cubic meters of compressed natural gas (CNG) in January-September 2021, which is 2.5% less than in the same period last year, Ukrinform reports, referring to the company’s press service.
Ukraine plans to create center to protect energy infrastructure from cyber attacks
The National Security and Defense Council (NSDC) of Ukraine at its meeting discussed the issue of establishing a sectoral cybersecurity center of the fuel and energy complex of Ukraine, Ukrinform reports, referring to the NSDC’s press service.
Qatar Airways launching direct flights from Odesa to Doha
Discount carrier Qatar Airways is opening direct flights on the route Doha - Odesa. The airline will fly from Odesa International Airport to Hamad International Airport in Qatar’s capital Doha three times a week starting December 9.
Coal and fuel oil reserves decreasing in Ukraine – State Statistics Service
From September 1 to October 1, 2021, Ukraine’s coal reserves decreased by 9.8%, fuel oil - by 3.1%, according to the State Statistics Service.
Ukraine’s grain exports reach almost 17.8M tonnes
Ukraine has exported 17.795 million tonnes of grain and leguminous crops so far in the current marketing year (MY, started on July 1, 2021), which is 2.793 million tonnes more than in the same period last year, according to the Ministry of Agrarian Policy and Food.