Australia to provide Ukraine with 70,000 tonnes of coal – Energy Ministry
Australia will provide Ukraine with at least 70,000 tonnes of thermal coal to strengthen energy security.
Economy
20 March 2022
In Mariupol, Azovstal fully halts operations, first time since 1941
Azovstal, a metallurgical giant based in Mariupol, the Ukrainian city now being viciously attacked by Russian invaders, was completely shut down only once – in 1941, the year that Nazi Germany attacked Ukraine.
19 March 2022
Servant of the People leader: 50 businesses already relocated to western Ukraine
A total of 50 Ukrainian enterprises have already been relocated to western Ukraine as part of the business relocation program, as they lost an opportunity to operate in certain regions due to the war.
18 March 2022
Yermak calls on international investors to buy Ukrainian war bonds
Head of the President's Office Andriy Yermak has called on international investors to buy Ukrainian war bonds and transfer their business from the territory of the aggressor country to Ukraine.
MFA: More than 220 foreign companies have already left Russian market
More than 220 foreign companies have already left the Russian market and their number is growing every day.
All critical imports to Ukraine, including food and fuel, to be streamlined
President Volodymyr Zelensky has requested the Cabinet of Ministers, National Security and Defence Council secretary, and Verkhovna Rada speaker develop a format of solutions that will accelerate supplies of all necessary goods from abroad.
17 March 2022
Kherson Region’s farmers forced to cooperate with Russian invaders
Farmers are forced to cooperate with Russian invaders within the temporarily occupied territory of Kherson Region.
Ukraine PM talks to Nestle CEO over Russia operations
Ukrainian Prime Minister Denys Shmyhal has spoken with Nestle CEO Mark Schneider about the ethical side of continuing operations in the Russian Federation despite an ongoing Russian invasion of Ukraine.
GTSOU: 38 gas distribution plants suspend operations due to hostilities
Over the past day, the number of gas distribution plants, which suspended operations due to hostilities, has increased from 37 to 38.
Government expands list of critical import goods
The Cabinet of Ministers of Ukraine has expanded the list of critical import goods, namely with the goods required for industrial manufacturing and construction.
16 March 2022
President Zelensky: Ukraine becomes a member of ‘European Energy Union’
Ukraine and the European Union have completed the integration of the two energy systems.
Minister Leshchenko: Spring field works to start in late March
Spring field works in Ukraine are expected to start at the end of March 2022, in some regions – in early April 2022.
15 March 2022
Ukraine Army to get another UAH 70B for armaments
The Verkhovna Rada has increased budget revenues and expenditures by UAH 67.6 billion, which will be used for the purchase, modernization, and repair of weaponry and military hardware.
Ukrzaliznytsia begins to nationalize Russian railway cars
Ukrzaliznytsia JSC is starting to nationalize Russian railway cars. In general, more than 15,000 Russian railway cars are expected to be nationalized.
President calls for doing business where security situation allows
President of Ukraine Volodymyr Zelensky promises maximum deregulation of business and calls for the resumption of business activities where there is no fighting.
Spain seizes Russian oligarch's $140M yacht in Barcelona
Spain has temporarily seized a Russian oligarch's $140 million yacht in Barcelona, the vessel belonged to one of Russian oligarch, an ally of Russian President Vladimir Putin.
Italy seeking alternative to half of gas imported from Russia
Italian authorities are negotiating with Algeria and Libya on renewable energy generation, and with Tunisian leaders – on hydrogen fuel supplies.
14 March 2022
World Bank announces additional $200M in financing for Ukraine
Ukraine will receive $200 million more from the World Bank amid the Russian aggression.
13 March 2022
PM Shmyhal: Underground storage facilities contain about 9.5 bcm of gas
Ukrainian underground gas storage facilities are containing about 9.5 billion cubic meters of natural gas at the moment.
12 March 2022
Agrarian Policy Ministry: Ukraine has sufficient food reserves
Ukraine’s production is five times as much as its domestic consumption, so we have sufficient food reserves.
Italy seizes $578M mega yacht owned by Russian oligarch
Italian authorities seized Russian oligarch Andrey Melnichenko's mega yacht, according to Italy’s finance police.
Cabinet offers to lift excise tax, cut VAT rate on fuel
The Cabinet of Ministers on Friday passed two decisions expected to help the country avoid fuel shortages at gas stations and curb prices.
Russia already lost nearly 100,000 jobs due to sanctions
As a result of sanctions imposed for aggression against Ukraine, the Russian Federation has already lost about 100,000 jobs.
11 March 2022
Ways sought to transfer to Ukraine nearly $415B in Russian assets seized in Western jurisdictions
The Ministry of Economy together with partner governments is looking for a mechanism to transfer to Ukraine the seized gold and foreign exchange reserves of Russia’s Central Bank in the amount of $415 billion to compensate for losses caused by the Russian military.
Russia has caused $119B in damage to Ukraine's infrastructure
Russia has caused $119 billion in damage to Ukraine's infrastructure.
10 March 2022
Shmyhal: Ukraine switching to war economy
The Government puts the economy on a war footing and takes all necessary steps to do so.
Zelensky: If there were enough sanctions, invasion would have stopped
Economic sanctions against Russia are still insufficient to stop the invasion of Ukraine. If this issue is not resolved now, the West will have to save other countries from the aggressor.
NBU has $27.7B in foreign reserves, seen as “sufficient” - governor
The National Bank has accumulated $27.7 billion in international reserves as of March 7, 2022, according to preliminary data.
Zelensky signs law on confiscation of Russian property in Ukraine
President Volodymyr Zelensky signed the Law of Ukraine "On the Basic Principles of Forcible Seizure of Objects of Property Rights of the Russian Federation and its Residents in Ukraine".