Turkish Turkcell sells its assets in Ukraine, incl. lifecell
Turkish telecommunications company Turkcell Iletisim Hizmetleri AS has signed an agreement to sell its units in Ukraine to the French company NJJ Capital.
Economy
Poland urgently buys surplus Ukrainian electricity
Due to a surplus in the power system on December 31, 2023, Poland provided emergency assistance to Ukraine by taking away excess electricity.
Over 10,000 Ukrainian entrepreneurs receive UAH 2.4B in gov’t grants
More than 10,000 Ukrainians have become winners of the "Own Business" grant program since its inception, having received UAH 2.4 billion from the government to start or develop their business.
Ukraine's State Property Fund to hold 18 privatization auctions in Jan
Ukraine's State Property Fund is planning to hold online privatization auctions in January 2024, with a total starting value of assets of UAH 242.5 million.
31 December 2023
Ukraine’s power grid stable, electricity export to Moldova scheduled - Energy Ministry
As of December 31, Ukraine’s unified power system sees no electricity shortage. Four thermal power plant units remain in reserve. Electricity exports to Moldova is scheduled for the night hours.
NBU sells $892.67M on interbank foreign exchange market
The National Bank of Ukraine (NBU) has sold USD 892.67 million on the interbank foreign exchange market over the past week.
Ukraine's government completes formation of supervisory board at Naftogaz
The Cabinet of Ministers of Ukraine has appointed Kostiantyn Marievych as a member of the Supervisory Board at NJSC Naftogaz of Ukraine, therefore completing its formation.
30 December 2023
Shmyhal sums up results of the year in defense and economic sectors
The year 2023 was a challenging period of trials in the fight against a cruel enemy, but despite all the hardships, Ukraine survived, became stronger and created tangible prerequisites for future victory, recovery, and post-war development.
Ukraine’s accession talks with EU create business opportunities for Asia – Japanese envoy
In February 2024, Tokyo will host a conference on Ukraine’s recovery. One of the reasons was that the EU’s recent decision to start accession talks with Ukraine is expected to create huge business opportunities for companies, not only from Japan but also from Asia and throughout Europe.
Ukraine’s accession talks with EU create business opportunities for Asia – Japanese envoy
In February 2024, Tokyo will host a conference on Ukraine’s recovery. One of the reasons was that the EU’s recent decision to start accession talks with Ukraine is expected to create huge business opportunities for companies, not only from Japan but also from Asia and throughout Europe.
Gov't transforms Energoatom into JSC
The Cabinet of Ministers has established Energoatom JSC, 100% of whose shares are owned by the state, and approved its charter.
Ukraine harvests over 79M t of grains, oilseeds
As of December 29, 2023, Ukrainian agrarians harvested 79.2 million tons of new crops, including 58.392 million tons of grains and 20.764 million tons of oilseeds.
e-Residency is about scaling up Ukraine's digital economy
The e-residency program should show that Ukraine is able to demonstrate high rates of development even during the war by attracting new investors and developing the digital economy.
29 December 2023
CoMs raises salaries for those working under intense shelling
The Cabinet of Ministers has decided to raise wages for people working under intense shelling.
Over 8,400 trucks in queues at western border of Ukraine
In Poland, carriers continue to block the border with Ukraine, with 3,300 trucks waiting in lines.
IMF tells what will provide additional revenues to Ukraine's budget
The International Monetary Fund is focused on supporting the work of the Ukrainian state and its social obligations, not on the military.
U.S. proposes G7 to explore ways to confiscate $300B in Russian assets - FT
The United States has proposed that working groups of G7 member states explore ways to seize frozen Russian assets worth $300 billion.
28 December 2023
Source: Gov’t letter to Multidonor Platform part of systemic work with partners
The letter from the Ukrainian government to the participants of the Multidonor Coordination Platform is part of the systemic work with partners.
Political parties must submit financial reports for past four years - anti-graft watchdog
Political parties must file financial reports for the period from 2020 to 2023 with the National Agency for Corruption Prevention (NACP) for audit.
Kamyshin: Ukrainian defense industry's capabilities already twice as high as funding for 2024
The Ministry of Strategic Industries is working to find additional funding for contracting domestic production, the capacity of which already almost doubles the funding for the next year.
Zelensky signs law criminalizing smuggling
President Volodymyr Zelensky signed the Law "On Amendments to the Criminal Code of Ukraine and the Criminal Procedure Code of Ukraine on Criminalization of Smuggling of Goods and Excisable Goods, as well as False Declaration of Goods".
U.S. delivers 16 grain trailers to Ukrainian farmers in Dec - Brink
The United States delivered 16 grain trailers to Ukrainian farmers this month alone, which will help increase grain transportation.
German authorities freeze Russian assets worth over €4B
Russian assets worth more than €4 billion have been blocked in Germany.
Over 5,600 trucks in queues at Ukraine borders
The border with Ukraine continues to be blocked in Poland, with about 4,000 trucks waiting in lines.
Tusk hopes for quick end to blockade on Polish-Ukrainian border
Polish carriers will not be able to achieve the maximum in their demands, but what can be achieved should relieve emotions and possibly lead to a quick end to the blockade at the border.
Ukraine exports over 17.4M t of grains, pulses
In the 2023/2024 marketing year (MY) (from July 1 to December 27, 2023), Ukraine exported 17.484 million tons of grains and legumes.
27 December 2023
Ukraine says salaries, pensions could be delayed without Western aid
Western aid to Ukraine is now very urgent, and Kyiv may have to delay the payment of salaries to civil servants and pensions to millions of its citizens if the EU and the U.S. fail to provide the pledged financial aid early next year.
Ukraine's public debt grows by almost $4.5B in Nov
Ukraine's public and publicly guaranteed debt rose by $4.48 billion in November 2023 and amounted to $140.82 billion as of November 30.
Ukraine has Plan B in case of delay in assistance from partners - First Vice PM
Ukraine is working out, together with international partners, several options in case funding from the EU and the U.S. is delayed.