No blackouts scheduled in Ukraine for Saturday
No hourly power outage schedules are expected to apply on Saturday, September 28.
Economy - Latest news
28 September 2024
Ukraine exports more than 10M t of grain, leguminous crops in new season
Ukraine has exported 10.053 million tonnes of grain and leguminous crops since the beginning of 2024/2025 marketing year (MY)
Despite war, number of industrial parks doubles across Ukraine - economy ministry
The number of registered industrial parks in Ukraine doubled since Russia’s full-scale invasion, having reached 92.
27 September 2024
Preparations for heating season are at final stage - Chernyshov
Naftogaz Group is at the final stage of preparations for the 2024-2025 heating season.
All five sugar refineries operating in Vinnytsia region
As of September 27, 2024, all five sugar refineries that declared their readiness to start the production season are operating in the Vinnytsia region.
India snubs gas purchases from Russia’s sanctioned project
India will not buy liquefied natural gas produced within Russia's Arctic LNG 2 project, which has been sanctioned by Western democracies.
26 September 2024
PM instructs include financing weapons production in protected budget items
Prime Minister of Ukraine Denys Shmyhal, during an off-site government meeting in Mykolaiv region, instructed to include funding for the production of weapons and military equipment in the protected budget items. In particular, those items envisaged by the Weapons of Victory program.
Ukrainian electricity market does not stimulate investment in generation - expert
Due to price restrictions and administrative interventions, the Ukrainian electricity market does not stimulate investment in the development of any generation.
Ukraine already connects 100 MW of gas generation to its grid - expert
Ukraine has already commissioned 100 MW of gas generation, with a further 200 MW expected to be connected by the end of 2024.
Germany donating EUR 70M to support Ukraine's energy system
The Bundestag Budget Committee approved on Wednesday, September 25, an assistance package for Ukraine in the amount of 70 million intended to support the nation’s heat and electricity supply sector.
Chernyshov discusses possible financing of sustainable energy projects with EIB
Oleksiy Chernyshov, Chairman of the Board of NJSC Naftogaz of Ukraine, discussed possible financing of sustainable energy projects with Jean-Erik de Zagon, Head of the European Investment Bank (EIB) Regional Hub for Eastern Europe, and his successor, Kristina Mikulova.
Naftogaz Group increases profit almost fourfold in H1 2024
In January-June 2024, Naftogaz Group earned a consolidated net profit of UAH 24.4 billion, nearly four times more than in the first half of 2023.
Ukraine’s GDP grows 3.7% in Q2 2024 - State Statistics
In the second quarter of 2024, Ukraine’s real gross domestic product (GDP) increased by 3.7% compared to the same period last year.
EU Agency to help Ukrzaliznytsia integrate with EU standards
JSC Ukrzaliznytsia and the European Union Agency for Railways (ERA) have signed a memorandum aimed at enhancing the safety, integration, and interoperability of the Ukrainian railway system with the European network.
Finance Ministry raises another UAH 17.8B from sale of government bonds
On September 24, 2024, Ukraine’s Ministry of Finance raised UAH 17.784 billion to the state budget at an auction for the placement of domestic government bonds.
25 September 2024
Joint confiscation of frozen Russian assets by Western democracies levels risks - expert
If all Western countries as a coalition confiscate frozen Russian assets, this will eliminate all risks for them.
Ukrgasvydobuvannya acquires site with gas resources of about 3.8 bcm
Ukrgasvydobuvannya JSC, an enterprise of Naftogaz Group, has acquired a permit for the use of subsoil of a gas-bearing area with estimated gas reserves of nearly 3.8 billion cubic meters at an open auction.
Industrial inflation slows to 2.2% in August - State Statistics
The industrial producer price index totaled 2.2% in August, while the same indicator slowed to 31.2% year-on-year.
24 September 2024
G7+ Ministerial Group calls for urgent support for Ukraine's energy sector
The G7+ Ministerial Group has called on the global community to urgently step up support for Ukraine's energy sector as winter draws near.
Zelensky meets with executives from leading energy companies in New York
Ukrainian President Volodymyr Zelensky has discussed with executives from leading U.S. energy, finance and insurance companies the preparation of the Ukrainian energy system for this winter.
Ukroboronprom corporatizes three more enterprises
Three more limited liability companies will be established as part of Ukrainian Defense Industry JSC (Ukroboronprom) under Ukraine’s defense industry reform.
Farmers receive UAH 74.5B in development loans since year-start
Since the beginning of 2024, 10,293 Ukrainian agricultural enterprises have received UAH 74.52 billion in development loans, according to Minister of Agrarian Policy and Food Vitaliy Koval.
23 September 2024
Minimum unemployment benefit to increase to UAH 3,000 from October 1
From October 1, the amount of the minimum unemployment benefit will increase by UAH 500 to UAH 3,000.
22 September 2024
Ukraine exports 692,000 tons of sugar in 2023/2024
According to the results of the 2023/2024 marketing year, Ukraine has exported 691,800 tons of sugar, of which 77% was sent to the EU countries.
No power outages scheduled in Ukraine on Monday
No power outages are scheduled across Ukraine on Monday, September 23.
Ukraine in talks with IAEA to have monitoring mission expanded to power substations
Ukraine's Energy Ministry is in contact with the IAEA to make sure international partners and agencies expand nuclear safety monitoring to power substations that Russia might target in its missile and drone strikes.
Ukraine reinstates medium-term planning for local budgets
President Volodymyr Zelensky signed off the law on the restoration of medium-term planning in local budgets.
21 September 2024
Italy to support Ukraine's energy industry in winter period – energy ministry
Italy will provide financial assistance to support the Ukrainian energy industry during the heating period.
Ukrenergo not predicting power outages on Sunday
No power outages are scheduled for Sunday, September 22.
Russia steals over UAH 30 billion worth of Ukrainian grain
The Prosecutor General's Office (PGO) stated that losses due to Russia's appropriation of Ukrainian grain amount to over UAH 30 billion, but these data are not final.