Türkiye working hard to extend ‘grain deal’ – Çavuşoğlu
The Republic of Türkiye is working hard to extend the Black Sea grain deal, allowing Ukraine to export grain via the Ukrainian ports, which had been blockaded by Russia following its invasion.
Economy
Minister Galushchenko: Ukraine ends heating season with power capacity surplus
Ukraine is ending the heating season with a power capacity surplus, sufficient energy resource stocks, and is starting preparations for the next autumn and winter period.
Social Policy Ministry announces 20% increase in minimum pensions
The Ukrainian government approved a decision to raise pensions by almost 20% for 10.5 million Ukrainians.
Shmyhal outlines four elements of mechanism to confiscate Russian assets
Prime Minister Denys Shmyhal has stated that Ukraine and its partners work towards creating a mechanism to confiscate Russian assets which can be channeled into the restoration of Ukraine. The mechanism will consist of four elements, including an international register of losses.
Austrian woodworking giant continues to operate in Russia - media
Austria’s woodworking giant KronoSpan, which has an extensive offshore network and the ultimate beneficiaries of which are not clearly known, continues to work in Russia and Belarus despite Russia’s war on Ukraine.
04 March 2023
European Commission says Russia’s energy blackmail fails
Thanks to the efforts of citizens and businesses in the EU member states, the energy blackmail by Russia has failed.
Ukraine to renew sale of mothballed penal facilities after war ends
The project for the sale of the penitentiary system’s property has now been put on pause until Ukraine seals victory and new investors express interest.
IAEA inspectors complete rotation at three Ukrainian NPPs
New inspectors with the International Atomic Energy Agency have replaced their colleagues at the Rivne, South Ukrainian, and Khmelnitskyi nuclear power plants in Ukraine.
EU to donate 5,700 solar panels to Ukraine
Ukraine will soon receive the first batch of 5,700 solar panels to power critical infrastructure amid Russian missile attacks.
PM: Ukraine prepares for confiscation of Russian assets, receives first 17B
Active work is ongoing to settle the issue of confiscation of Russian assets in the legal framework. The infrastructure for attracting frozen funds has already been created.
Average salary in Ukraine grows by 6% in 2022 - statistics service
The average monthly salary in Ukraine amounted to UAH 14,859 in 2022, which is 6% higher than a year earlier.
03 March 2023
Poland to ease transit of Ukrainian grain
Ukraine and Poland have agreed to ease the transit of grain and oilseed exports.
Ukraine’s exports of goods reached $3.3B in Feb 2023
In February 2023, Ukraine exported 9.1 million tonnes of goods worth $3.32 billion.
PM Shmyhal: Ukraine lost more than three million jobs for year of full-scale war
For the year of Russia’s full-scale invasion, Ukraine lost more than 3 million jobs. To improve the situation in this area, the government has already launched eWork project.
Ukraine, Spain to cooperate in green investment sector
Ukraine and Spain will cooperate in the field of green investment development, as well as Ukraine’s involvement in the work the Sevilla process.
Ukraine’s energy system operating with no capacity deficit for 20 days – Ukrenergo
Ukraine’s energy system has been operating with no capacity deficit for 20 days now.
Government raised UAH 353B from placement of domestic government debt securities since war started
Since Russia’s full-scale invasion started, the Government of Ukraine has raised UAH 353 billion in equivalent currency from the placement of domestic government debt securities.
Online platform for humanitarian aid to energy sector developed in Ukraine
The Ministry of Energy developed AidEnergy online platform to simplify the process of obtaining, coordinating, and distributing humanitarian aid for the energy sector.
Gas turbines to help Ukraine decentralize power generating capacities – Minister Galushchenko
Ukraine’s energy infrastructure managed to endure Russian massive attacks during winter and provide household consumers with electricity.
Ukraine receives more than 5,000 t in aid to restore energy system
As of early March 2023, Ukraine received more than 5.3 thousand tonnes in aid from 30 countries to restore its energy infrastructure, which continues to suffer from Russian attacks.
02 March 2023
In Ukraine, 800 enterprises relocated - Ministry of Economy
According to the relocation program, 800 enterprises have been moved to safer regions over the year of war. Of them, 623 have already resumed operations at their new location.
Ukraine, U.S. to deepen cooperation in energy sector
The Minister of Energy of Ukraine, German Galushchenko, held a meeting with the U.S. Energy Secretary Jennifer Granholm as part of the meeting of the Partnership for Transatlantic Energy and Climate Cooperation in Zagreb. The parties discussed the issue of further cooperation between the two countries in the field of energy.
More than 150,000 land agreements signed in Ukraine
A total of 153,659 land agreements have been signed in Ukraine since the land market was launched.
IMF mission to Ukraine set to kick off work in Warsaw March 8 - finance minister
The mission of the International Monetary Fund on Ukraine will work in Warsaw March 8 through March 15 to discuss the parameters of the potential future cooperation program.
All nuclear power units operating at full capacity - Energoatom
As of March 2, all nuclear power units located in Ukraine-controlled territory are operating at full capacity.
State borrowings to budget reach UAH 226.8B since year-start - Finance Ministry
Government borrowings to the state budget’s general fund came to UAH 226.8 billion in January-February 2023, which is 58.8% of the plan for this period.
Agrarian Policy Ministry expects decision on ‘grain deal’ to be endorsed around March 18
The Ukrainian Agrarian Policy and Food Ministry expects that a decision on the ‘grain deal’, which is in effect until March 18, 2023, will be endorsed closer to the prolongation date.
Business activity indicators in Ukraine’s manufacturing industry improved in Feb 2023
In February 2023, the business confidence indicator in Ukraine’s manufacturing industry increased by 2.4 percentage points, and the business climate indicator – by 0.3 percentage points.
Ukraine, Croatia discuss cooperation in energy sector
The restoration of Ukraine’s energy infrastructure affected by Russian attacks will open up wide opportunities for deepening cooperation with Croatia.