EU mission arrives in Kyiv to check implementation of Ukraine Facility plan
A European Union delegation began a three-day visit to Ukraine to assess the progress of the implementation of the Ukraine Plan under the Ukraine Facility program.
Economy - Latest news
20 August 2024
Naftogaz Group actively preparing for upcoming heating season – CEO Chernyshov
Naftogaz Group is actively preparing for the upcoming winter by increasing natural gas production volumes and stocks, and by adjusting its infrastructure to wartime conditions.
Up to 650 humanitarian goods cross Ukrainian border daily
Since the launch of the Automated Humanitarian Aid Registration System, about 81,000 cargoes have been registered in it; an average of 650 humanitarian cargoes cross the border daily.
Diia.City special regime expands to 1,355 companies
As of August 1, 2024, the number of companies registered in the Diia.City special legal regime reached 1,355.
18 August 2024
Power outage schedules resume on Monday - Ukrenergo
On Monday, August 19, power outage schedules will resume in Ukraine. Power supply restrictions will be applied to one group of consumers in the evening hours.
Entrepreneurs in frontline and de-occupied areas receive generators from UN
The Food and Agriculture Organization of the United Nations (FAO) has distributed 17 generators with a capacity of 27 to 88 kW to food producers and processors in the frontline and de-occupied areas in Ukraine.
GTSOU purchases 29.9 mcm of natural gas in July
In July 2024, the Gas Transmission System Operator of Ukraine LLC (GTSOU) purchased 29.9 million cubic meters of natural gas via the Ukrainian Energy Exchange (UEEX) for production needs.
17 August 2024
No power outages expected on Sunday – Ukrenergo
No power outages are expected to be applied in Ukraine on Sunday, August 18.
Monobank under DDoS attack for second day
Monobank has been the target of a DDoS attack for the second consecutive day.
President’s Office discusses preparations for winter with international partners
Deputy Head of the Office of the President of Ukraine Oleksiy Kuleba, together with representatives of central executive authorities, held a briefing for international partners to discuss the needs of Ukraine’s energy sector and preparing for the autumn and winter period.
Ukraine’s exports via maritime corridor reach 64.4M tonnes
Since August 16, 2023, a total of 64.4 million tonnes of products have been exported via the Ukrainian maritime corridor.
Ukraine already harvests over 31.9M tonnes of grain, oilseed crops
As of August 16, 2024, more than 31.9 million tonnes of the new-harvest crops were gathered across Ukraine.
16 August 2024
PM about one year of maritime corridor operation: More than 2,300 vessels entered Black Sea ports
Since the launch of the Black Sea maritime corridor a year ago, 2,300 vessels have entered the Black Sea ports of Ukraine. The volume of cargo turnover exceeded 64 million tonnes.
ARMA sells Medvedchuk’s Maybach for UAH 1.8M
The Ukrainian Asset Recovery and Management Agency (ARMA) has sold through auction the Maybach vehicle, which used to be owned by Viktor Medvedchuk, for UAH 1.8 million.
15 August 2024
Ukraine attracts almost $99B in external financing since Feb 2022
The Ukrainian Finance Ministry has attracted almost $99 billion in budget support from international partners since the beginning of the full-scale war.
Russia steals about 500,000 t of Ukrainian grain from Zaporizhzhia region
Since early 2024, Russia has stolen about 500 thousand tonnes of Ukrainian-produced grain from the temporarily occupied areas of the Zaporizhzhia region, and is planning to take away another 200 thousand tonnes.
14 August 2024
IAEA experts denied access inside Russian-occupied ZNPP’s cooling tower – energy ministry
Russian invaders did not allow the group of monitors from the International Atomic Energy Agency to inspect a cooling tower at the Zaporizhzhia nuclear power plant, where a blaze was recently spotted.
Ukraine’s state budget receives UAH 480M from privatization of Kyiv-based Kozatskyi Hotel
A total of UAH 480 million was transferred to Ukraine’s state budget following the sale of Kozatskyi Hotel, which is situated in downtown Kyiv.
13 August 2024
Arbitration Tribunal in Paris to consider Ukrenergo’s suit against Russia over Crimea assets
The Arbitration Tribunal in Paris recognized its jurisdiction in considering the claim filed by NEC Ukrenergo against Russia over assets based in temporarily occupied Crimea.
Enforcement of debt collection from Energoatom suspended pending martial law
The Ministry of Strategic Industries has included Energoatom in the list of enterprises subject released from enforcement action on existing debts until martial law is lifted.
Naftogaz Group transfers over UAH 53B in tax payments since early 2024
In January-July 2024, Naftogaz Group transferred more than UAH 53 billion in tax payments to Ukraine’s state and local budgets, which is about 10% higher compared to the same period last year.
Ukraine receives EUR 4.2B tranche from EU
Ukraine has received EUR 4.2 billion from the European Union under the Ukraine Facility program. The funds will be used for the social and humanitarian spheres.
Government endorses national renewable energy action plan until 2030
The Cabinet of Ministers has approved the National Renewable Energy Action Plan to increase the share of renewable energy in gross final consumption to 27% by 2030.
Foreign traders pumping gas into Ukrainian storage facilities as usual – Naftogaz
Ukrainian underground storage facilities are operating as usual with regard to the injection and withdrawal of natural gas, including by foreign traders.
Until Ukraine regains control of ZNPP, high risk of accident persists – MFA Estonia
Estonia’s Foreign Minister Margus Tsakhna, commenting on reports of a fire at the Zaporizhzhya NPP temporarily occupied by the Russians, said the risk of an accident at the site remains a “dire reality” until Ukraine regains control of the facility.
12 August 2024
Ukraine’s public debt gets more than 10% cheaper since year-start - finance ministry
During the second quarter of 2024, the state and state-guaranteed debt of Ukraine increased by UAH 243.7 billion in hryvnia equivalent, and by $1.1 billion in dollar equivalent. At the same time, since the beginning of the year, the cost of debt servicing has dropped by over 10%.
No radioactive emissions recorded at ZNPP – Ukraine's energy ministry
No emissions of radioactive substances were recorded due to a fire at the cooling tower of the temporarily occupied Zaporizhzhia Nuclear Power Plant (ZNPP).
No power outages expected today – Ukrenergo
No power outages are expected to be applied in Ukraine on Monday, August 12.
Russian economy may not survive transition to peacetime format - media
Stopping the war could plunge Russia into a deep economic crisis, which the nation would not be able to tackle on its own.
11 August 2024
Ukraine’s finance minister calls on West to pace up provision of $50B loan
Finance Minister Serhii Marchenko called on Western allies to speed up the allocation to Ukraine of a $50 billion loan, arguing that delays in arms deliveries have led to a rising budget deficit.