Economy

Minnesota, Chernihiv region to deepen cooperation in agricultural sector

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The leaders of Minnesota and Ukraine's Chernihiv region signed a Memorandum of Understanding on agricultural cooperation to increase opportunities for reconstruction and economic recovery in the Ukrainian region.

04:40

Ukrnafta receives first shipment of well pumps from Germany’s Oil Dynamics

Ukrnafta PJSC has received 50 well pumps from Germany’s Oil Dynamics and expects another 150 units to be delivered in several shipments.

02:17

More than 400 subsurface management special licenses provided in Ukraine in 2023

Last year the Ukrainian State Service for Geology and Mineral Resources provided 465 special licenses for subsurface management operations, which is 58% higher compared to 2022.

21 February 2024

23:05

EU agrees on mandate to renew suspension of import duties, quotas on Ukrainian, Moldovan exports

The ambassadors of the EU member states agreed on February 21 on the Council's negotiating mandate on two legislative proposals which aim to renew the suspension of import duties and quotas on Ukrainian and Moldovan exports to the EU for another year.

21:40

IAEA responds to power outage at ZNPP due to shelling

The International Atomic Energy Agency (IAEA) has said that frequent power outages remain a source of serious concern for nuclear safety at the Zaporizhzhia Nuclear Power Plant (ZNPP), Europe's largest nuclear power plant.

13:06

Zaporizhzhia NPP’s power supply line damaged in Russian shelling – Ukrenergo

Following Russian shelling, a power supply line connecting Zaporizhzhia Nuclear Power Plant (NPP) with Ukraine’s energy system has been damaged.

05:23

Finance Ministry places domestic government bonds for more than UAH 16.6B

On February 20, 2024, Ukraine’s Ministry of Finance raised UAH 16.6 billion to the state budget at an auction for the placement of domestic government bonds.

04:15

Minister Maliuska: Many Russians already lose assets on Ukraine’s territory

With the lawsuits filed by Ukrainian Justice Ministry against Russian groups, oligarchs and members of parliament, many of them have already lost their assets on the territory of Ukraine.

02:39

PM Shmyhal discusses Kyiv-Tokyo agreements with Japanese business representatives

Prime Minister Denys Shmyhal discussed the implementation of agreements between Ukraine and Japan with representatives of Japanese businesses.

01:10

CHPP modernization, green energy projects: Naftogaz signs memoranda with Japanese companies

Naftogaz Group has signed memoranda with two Japanese companies regarding the modernization of combined heat and power plants (CHPPs) and the development of a joint wind energy project.

20 February 2024

19:35

US sanctions Russians involved in LockBit cybercrime

The US Treasury Department has announced sanctions against two Russians involved in the hacking activities of the LockBit group, which is engaged in blocking critical networks abroad and demanding money for the resumption of work.

15:46

EU provides EUR 83M in humanitarian aid to Ukraine, Moldova

The European Commission has decided to provide EUR 83 million in humanitarian aid to Ukraine and Moldova to overcome the consequences of Russian aggression and support people affected by the war.

14:49

Polish farmers block railroad near border, dump Ukrainian grain on tracks

Protesting Polish farmers blocked the railroad near the Medyka checkpoint on the border with Ukraine and poured Ukrainian grain from a freight car onto the tracks.

05:19

Ukraine invites Japan to invest in environmental projects with estimated potential of $28.4B

Ukraine has invited Japan to invest in environmental projects with an estimated potential of $28.4 billion.

03:41

Ukraine’s ECA, Japan’s NEXI enhance cooperation

Ukraine’s Export Credit Agency (ECA) and Japan’s Nippon Export and Investment Insurance (NEXI) have signed a Memorandum of Understanding on the Development of Cooperation.

02:07

Ukroboronprom corporatizes 33 enterprises

The Supervisory Board of Ukrainian Defense Industry JSC (Ukroboronprom) has endorsed a decision to transform a total of 33 state-owned defense industry enterprises into economic entities.

00:28

NBU sold $322.6M on interbank market over past week

The National Bank of Ukraine (NBU) sold $322.6 million on the interbank foreign exchange market over the past week.

19 February 2024

23:17

Hungary not to block 13th package of sanctions against Russia - Szijjarto

Hungarian Foreign Minister Peter Szijjarto has said that his country will not veto the 13th package of EU sanctions against Russia.

13:07

Ukraine, Japan sign Convention for Elimination of Double Taxation

The representatives of Ukraine and Japan have signed the Convention for the Elimination of Double Taxation with respect to Taxes on Income and the Prevention of Tax Evasion and Avoidance and the Protocol thereto.

11:57

Japan already provided support worth $4.6B to Ukraine since war began – Finance Ministry

Since February 2022, Japan has already provided Ukraine with a total of $4.6 billion in support through World Bank projects and the Japan International Cooperation Agency (JICA).

11:28

Ukraine joins Japan's Joint Crediting Mechanism

Ukraine has joined the Joint Crediting Mechanism. This will enable the country to receive Japanese investment for decarbonization programs in various sectors of the economy.

17 February 2024