Think tank predicts major issues for Russian economy in 2025
With the Russian economy likely to face significant challenges in 2025, Russian dictator Vladimir Putin is concerned about the country's long-term economic stability.
Economy
Some 300MW of renewable electricity facilities created in Zakarpattia region
A total of 300 megawatts of renewable electricity facilities have been created in the Zakarpattia region.
U.S. allocates $825M in assistance for Ukraine's energy infrastructure this year
The United States has allocated $825 million this year for the restoration of Ukraine's energy system, which has been heavily damaged by Russian attacks.
Minister Galushchenko, partners discuss development of distributed generation in Ukraine
During the conference Rebuild Ukraine 2024, Ukrainian Energy Minister German Galushchenko held a number of meetings with partners with regard to cooperation in the development of distributed generation and providing assistance to Ukrainian power engineers.
14 November 2024
Russia threatens to kick IAEA monitors out of captured Zaporizhzhia NPP at any moment
Russia can disallow further operation of experts from the International Atomic Energy Agency (IAEA) should it deem their work unnecessary.
European Parliament calls for stronger EU sanctions against Russia’s "shadow fleet"
The European Parliament today adopted a resolution calling on the EU to take decisive action against the Russian "shadow fleet" of tankers, used to circumvent EU sanctions imposed over Russia's war of aggression against Ukraine, as well as to comply with the internationally agreed price cap on Russian oil.
Ukraine expects $1.1B tranche from IMF in late Dec - PM
Ukraine expects to receive a $1.1 billion tranche from the International Monetary Fund at the end of December.
EC approves second EUR 4.1B payment under Ukraine Facility - Shmyhal
The European Commission has approved the disbursement of EUR 4.1 billion to Ukraine under the EU's Ukraine Facility.
Some 40% of all relocated businesses now operating in Zakarpattia region
A total of 282 businesses relocated from the areas of hostilities and frontline regions are now operating in the Zakarpattia region.
Naftogaz Group boosts gas production by 6% over 10 months
In January-October 2024, Naftogaz Group’s companies produced 12.3 billion cubic meters of gas, which is 6% higher compared to the same period last year.
Ukraine launching marketplace to promote IT companies
In cooperation with Lviv IT Cluster, the Ukrainian Digital Transformation Ministry has launched a tech companies platform, CodeUA, which will help foreign customers connect with Ukrainian contractors.
Ukraine's Defense Ministry developing strategy for 2025 - Umerov
The Ukrainian Defense Ministry is working on a development strategy for 2025 and, together with the Ministry of Strategic Industries, is prioritizing investments in the defense industry.
13 November 2024
About 10,000 km of railroad tracks destroyed in Ukraine since war started
Since the Russian full-scale invasion started, about 10,000 kilometers of railroad tracks in Ukraine have been damaged, destroyed or lost.
Draft state budget for 2025 includes more than UAH 55B for weapons production
Ukraine’s draft state budget for 2025 envisages more than UAH 55 billion for the production of weapons and military equipment.
Smetanin, Borrell discuss integrating Ukraine’s defense industry into European defense sector
Ukrainian Strategic Industries Minister Herman Smetanin and EU High Representative for Foreign Affairs and Security Policy Josep Borrell have discussed the issues related to integrating Ukraine’s defense industry into the European defense sector.
12 November 2024
Ukraine completing creation of three new joint ventures with European armsmakers
Ukraine is close to setting up three new joint ventures with European weapons producers, and five joint ventures have already been set up.
Occupiers continuing to export coal from 'LPR' despite sanctions
Despite the sanctions imposed on Russian invaders, the coal stolen in the temporarily captured Luhansk region continues to be exported to several countries.
Some 90% of SMEs resume operations in Mykolaiv region’s de-occupied Snihurivka community
In the Mykolaiv region’s de-occupied Snihurivka community, 90% of small and medium-sized enterprises (SMEs) have resumed operations.
Zhytomyr region’s Berdychiv sees increased number of individual entrepreneurs since war started
Over the past two years, the number of those who started their own business or registered as an individual entrepreneur has increased in the Zhytomyr region’s city of Berdychiv.
11 November 2024
IMF mission, Ukrainian authorities start discussions on sixth review of EFF Arrangement
Officials from the Ministry of Finance of Ukraine, the National Bank of Ukraine, and staff from the International Monetary Fund have commenced discussions on the sixth review of the Extended Fund Facility (EFF) Arrangement.
Naftogaz Group launches new gas well with daily production rate of 110,000 cu m
Ukrgasvydobuvannya JSC, which is part of Naftogaz Group, has put into service a new appraisal-development well that is 5,920 meters deep and has a daily production rate of 110,000 cubic meters of natural gas.
Emergency power outages introduced in Kyiv and four regions
Due to the threat of a missile strike, emergency power outages have been introduced in Kyiv.
10 November 2024
Gazprom withdrawn from Latvijas gāze
In October, 34% of AS Latvijas gāze (Latvian Gas, LG) shares were bought back from the Russian company Gazprom.
09 November 2024
Naftogaz delivers power supply stations to vulnerable categories in Kharkiv region
The harshest winter is approaching. Due to Russian shelling, Ukrainians risk facing power outages once again. In cold weather, it is crucial to support those who need it the most.
Energy workers restore power to over 1,860 consumers affected by hostilities
Yesterday, energy workers restored electricity to 1,861 consumers who had been left without power due to ongoing hostilities.
Ukraine terminates air transport agreement with Iran
The Cabinet of Ministers of Ukraine has terminated an intergovernmental air transport agreement with Iran.
Ukraine receives EUR 12B for fulfilling Ukraine Facility indicators in H1 2024
Ukraine received EUR 12 billion from the European Union under the Ukraine Facility for progress in implementing the Ukraine Plan in January-June 2024.
Ukraine already harvests 68.9M tonnes of grain, oilseed crops
As of November 8, 2024, a total of 68.9 million tonnes of the new-harvest crops were gathered across Ukraine.
Ukraine, UK sign memorandum launching Green Transition Office
The Ukrainian Economy Ministry and the Foreign, Commonwealth and Development Office of the Government of the United Kingdom have signed a Memorandum of Understanding on establishing enhanced cooperation and launching the Green Transition Office.