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Friday, 19 December 2025, 03:18
The European Network of Transmission System Operators for Electricity (ENTSO-E) has increased the electricity export capacity limit to Ukraine and Moldova by 400 megawatts to 2.1 gigawatts.
Naftogaz Group expects to receive equipment shipments from Norway, which will add 80 megawatts in capacity to Ukraine’s energy system.
Ukraine has become a member state of the International Fund for Agricultural Development (IFAD) that works to develop rural economies and food systems.
28 October 2024
The Budget Committee of the Verkhovna Rada has recommended the draft State Budget of Ukraine for 2025 and the draft Budget Conclusions for the first reading; their review in the session hall is expected in the coming days.
Ukraine’s Ministry of Finance expects to attract more than USD 15 billion in external financing by the end of the year.
More than 1,500 new jobs will be created in the Ternopil region thanks to grant assistance for the creation and development of own businesses.
The District Court of Helsinki has sustained a motion of Naftogaz of Ukraine NJSC and another five companies, which are part of Naftogaz Group, and ordered the freezing of certain assets owned by Russia on the territory of Finland.
The huge burden that the war lays on Russia’s economy lead to its overheating, but the Kremlin still has the resources to pursue the war.
The Russian invaders intend to "export" from the temporarily occupied Luhansk region more than 300 tons of sunflower seed, which they "bought" from local farmers at dumped prices.
27 October 2024
The finance ministers of the Group of Seven (G7) pledged to increase efforts to prevent Russia from circumventing sanctions related to the oil price cap.
As of the morning of October 27, as many as 528 settlements in Ukraine remain partially or completely without electricity due to combat actions and technological disruptions.
26 October 2024
Minister of Strategic Industries Herman Smetanin held discussions with Indian Ambassador Ravi Shankar regarding the potential cooperation between Ukraine and India in the defense industry.
On Saturday, October 26, during a visit to Egypt, Ukrainian Foreign Minister Andrii Sybiha held bilateral talks in Cairo with the Egyptian Minister of Foreign Affairs, Migration, and Affairs of Egyptians Abroad, Badr Abdel Ati.
Along with using the proceeds from frozen Russian assets for the benefit of Ukraine through a $50 billion loan from the G7 countries, Ukraine is collaborating with partners to confiscate the full amount of blocked Russian assets, estimated at approximately $300 billion.
The European Commission has welcomed the announced consensus reached by the Group of Seven leaders to collectively provide financial assistance to Ukraine in the form of a €45 billion macro-financial loan to be serviced from frozen Russian assets.
The Group of Seven leaders have reached a consensus on the procedure for providing Ukraine with a $50 billion loan from frozen Russian assets.
In January-September 2024, Ukraine allocated UAH 1.3 trillion from the state budget for the security and defense sector, including UAH 146.9 billion in September.
In January-August 2024, the bilateral trade turnover between Ukraine and the Portuguese Republic increased by USD 29.2 million (+15.1%).
The Made in Ukraine programme, aimed at increasing the production of Ukrainian high-quality goods and their promotion across the globe, was presented at Ukraine House in Washington on Thursday, October 24, 2024.
Since the outset of Russia’s full-scale invasion, Ukrainian energy companies have received 19,200 tons of humanitarian aid from 36 countries.
25 October 2024
The Financial Action Task Force (FATF) did not add Russia to its ‘blacklist,’ instead reiterating that the suspension of Russia’s membership remains in effect.
The European Union, the United States, and the United Kingdom have agreed to provide Ukraine with financial support from frozen Russian assets, with $50 billion to be made available as early as this year.
The Vinnytsia region’s sugar refineries have already produced 140,000 tonnes of sugar.
As of October 25, Vinnytsia agrarians have harvested over 3.3 million tons of grain, having collected crops from 87% of the sown area.
In 2024, Ukrzaliznytsia JSC will transport 175 million tonnes of goods, which is 15% higher compared to last year’s results.
Ukrainian energy specialists have accumulated enough fuel and lubricants ahead of the heating season.
The total economic effect of the small privatization of state-owned assets has reached UAH 9.58 billion over the past two years.
The owners of the Auchan supermarket chain have found a buyer for their branch in Russia, as they can no longer resist European sanctions.
24 October 2024
Despite the ongoing war and Russia’s intensified attacks, Ukrainian authorities have done an amazing job to steer the economy very effectively. At the same time, more needs to be done, namely with regard to domestic revenue mobilization.