Ukraine to expand employment programs, allocate UAH 6.3B for their implementation this year
In 2025, new employment programs will be expanded and launched in Ukraine, with UAH 6.3 billion budgeted for their implementation.
Economy
28 January 2025
Ukraine spends about $670M on electricity imports in 2024 – DiXi Group
In 2024, Ukrainian companies spent USD 669.4 million on electricity imports.
27 January 2025
Business Ombudsman outlines ways to overcome corruption at customs
Business Ombudsman of Ukraine Roman Waschuk has said that raising the salaries of employees of the state customs service can help overcome the high level of corruption in the customs system.
Ukraine's Ministry of Social Policy deems USAID projects funding suspension non-critical
The Ministry of Social Policy is currently analyzing the impact of the suspension of funding for projects through the United States Agency for International Development (USAID). However, they assure that this decision will not have a critical effect on financing Ukraine's social initiatives.
EU should expand use of immobilized Russian assets in Ukraine's interest - Estonian Foreign Minister
EU countries should take on greater responsibility in supporting Ukraine and provide it with more military and economic assistance, strengthen its position in the process of finding ways to achieve peace and at the same time weaken the Kremlin's posture.
26 January 2025
Latvian TV operator’s submarine cable damaged in Baltic Sea
Early Sunday morning, an underwater fiber-optic cable of the Latvian State Radio and Television Center (LVRTC) was damaged in the Baltic Sea.
"Green Week": big agri exhibit with Ukraine’s participation wraps up in Berlin
The 10-day largest international agri-industrial exhibition fair Grüne Woche 2025 ("Green Week") completed its work in Berlin.
25 January 2025
Estonia not ruling out provocations during disconnection from Russian grid
Estonian Minister of Internal Affairs Lauri Läänemets believes provocations from the Russian side are possible during the desynchronization of the Estonian energy system from the Russian one.
Zelensky: Ukraine ready to export gas from Azerbaijan
President Volodymyr Zelensky has stated that Ukraine is ready to transport gas from Azerbaijan.
Russia exporting Ukrainian kaolin, coal via Mariupol port
The invaders are exporting kaolin and coal brought by rail from Luhansk region through the Mariupol port on the Sea of Azov.
ISW: Oil prices affecting Russia's ability to wage war concerns Putin
Vladimir Putin demonstrated that he is worried about the effect that lower oil prices would have on his domestic stability and ability to wage war in Ukraine.
International businesses show interest in construction of RDF-fired CHPPs in Ukraine
The Ukrainian State Agency for Restoration and Infrastructure Development, together with international companies, has considered projects on the construction of combined heat and power plants (CHPPs) running on refuse-derived fuel (RDF).
24 January 2025
Ukraine is interested in cooperation with Japan in pharmaceutical industry - HM
Ukraine is interested in localizing the production of innovative Japanese medicines in cooperation with Ukrainian pharmaceutical manufacturers.
Trump’s suspension of U.S. aid not to hinder financial support for Ukraine – NBU Governor
President Trump’s 90-day suspension of funding for international assistance programs from the United States does not pose a threat to Ukraine’s receipt of USD 38.4 billion in international assistance planned for 2025.
Economy ministry submits report package on implementation of Ukraine Facility Plan to EC
The Ukrainian Economy Ministry has submitted to the European Commission a report package on the implementation of the Ukraine Facility Plan in the fourth quarter of 2024 with 13 key tasks confirmed as fulfilled.
Wind farm construction on Runa Meadow halted in Zakarpattia
The Ministry of Environmental Protection and Natural Resources of Ukraine has suspended the review of environmental impact assessment (EIA) documents regarding the construction of 30 wind turbines on the Runa Meadow in Zakarpattia (Transcarpathia).
Deputy PM Svyrydenko outlines economic prospects for investors in Davos
The future agreements on security guarantees for Ukraine should be very practical to enable foreign businesses to plan their development in the country.
23 January 2025
Canada freezes over $350M in Russian assets since Ukraine war start
As part of sanctions imposed for violating Ukraine's sovereignty, Canada has frozen Russian assets worth more than $457 million Canadian dollars (over USD $350 million).
DTEK, Vestas announce construction of phase II of Eastern Europe’s largest wind farm
Ukraine’s DTEK Group and Denmark’s Vestas, a leading global wind turbine manufacturer, have signed an agreement for the construction of the second phase of Tylihul Wind Farm in the Mykolaiv region.
Ukraine produces 1.8M tonnes of sugar in 2024
Last year, according to the estimated data, Ukraine’s sugar production output reached 1.8 million tonnes.
Government establishes Forests of Ukraine’s supervisory board
The Cabinet of Ministers of Ukraine has approved candidates for the Supervisory Board of Forests of Ukraine State Enterprise. The Supervisory Board will include three independent members and one representative of the state.
22 January 2025
EU to provide Ukraine with EUR 35B in financial aid in 2025
In 2025, the European Union will allocate EUR 35 billion in financial aid to Ukraine as part of the G7 ERA initiative and the Ukraine Facility program.
Zelensky discusses economic cooperation with Vietnamese PM in Davos
During the World Economic Forum in Davos, Volodymyr Zelensky met with Vietnamese Prime Minister Pham Minh Chinh.
21 January 2025
Russia's oil exports see sharpest drop since November following U.S. sanctions – Bloomberg
Last week, Russia's seaborne oil exports experienced their steepest decline since November, following sweeping sanctions imposed by former U.S. President Joe Biden.
Sharp rise in companies with Russian participation in Bulgaria – media
The number of companies with Russian participation in Bulgaria had risen sharply by the end of 2024.
Ukraine expects to attract EUR 30.6B in budget support from EU this year – Finance Ministry
Ukraine expects to receive EUR 30.6 billion in budget support from the European Union in 2025.
Ukraine’s state budget receives UAH 1,133.5B in tax payments in 2024
During 2024, Ukraine’s state budget received UAH 1,133.5 billion worth of payments controlled by the Ukrainian State Tax Service.
20 January 2025
NBU updates its strategy for second time since beginning of war
For the second time since the beginning of the full-scale invasion, the National Bank of Ukraine has updated its institutional Strategy, adding new tasks on the price stability of the hryvnia and the digital security of the banking system.
Minister Koval: Small farms in Ukraine obtain EUR 20M from EU in 2024
Ukrainian farmers receive international assistance, but it is much lower compared to some other sectors.