Govt allocates additional UAH 2.5B to support power grid in Kharkiv region
The Cabinet of Ministers has allocated an additional UAH 2.5 billion to prepare the energy system of the Kharkiv region for the upcoming heating season.
Economy
G7+ partners announce additional assistance to Ukraine's energy sector worth over billion dollars
At a high-level meeting of the G7+ Coordination Group to assist Ukraine's energy sector in Berlin, additional assistance to Ukraine's energy sector totalling more than USD 1 billion was announced.
British PM to announce USD 309 million for Ukraine at G7 summit
At the G7 summit in Italy, British Prime Minister Rishi Sunak will announce the allocation of GBP 242 million (approximately USD 309 million) in aid to Ukraine.
Ukraine hopes to attract another EUR 10B from EU this year – Finance Ministry
Ukraine expects to attract another 10 billion euros from the European Union this year if the requirements set out in the Ukraine Plan are met.
Infrastructure Ministry, MasterCard to cooperate on restoring Ukraine's tourism industry
The Ukrainian Infrastructure Ministry and MasterCard have agreed to develop a strategy to promote Ukraine as a tourist country at the domestic and international levels.
Communities of Vinnytsia Region allocated UAH 1.5 billion in local budgets to support AFU
The communities of Vinnytsia region have allocated UAH 1.5 billion in local budgets to support the Armed Forces, and almost 30% of these funds have already been used for their intended purpose.
Gambling business paid UAH 7.38B in taxes and fees in Jan-May 2024
In January-May 2024, gambling organizers in Ukraine transferred UAH 7.38 billion in taxes and fees to the state budget.
12 June 2024
Ukrenergo: Power outage schedules to be in effect across Ukraine tomorrow from 20:00 to 22:00
On Thursday, June 13, hourly power outage schedules will be in effect across Ukraine from 20:00 to 22:00.
Restoration of Ukraine is among Italy's international cooperation priorities - Cirielli
The restoration and reconstruction of Ukraine are among the international cooperation priorities of Italy, which will host the next Ukraine Recovery Conference in 2025.
Ukraine Recovery Conference launches projects worth EUR 16B – Germany’s MFA
The Ukraine Recovery Conference in Berlin has launched projects totaling 16 billion euros.
EIB, EBRD planning further billion-dollar investments in Ukraine
The European Investment Bank and European Bank for Reconstruction and Development plan further investments in Ukraine’s economy, trying to take into account war risks and evenly distribute funds between the public and private sectors.
EU exploring offers to Ukraine in terms of energy support – EC Vice President
The European Commission is considering offers to Ukraine in the field of supporting its energy sector as this issue was discussed in detail at the Ukraine Recovery Conference in Berlin on June 11-12, as well as on its sidelines.
Ukrainian seaports double cargo turnover in May
In May 2024, the cargo turnover of Ukrainian seaports totalled 8.265 million tonnes, almost twice as much as in May last year.
Drone attack damages power facility in Sumy region - Ukrenergo
On the night of June 12, a Russian drone attack damaged a power facility in the Sumy region, leaving 14 settlements without electricity.
Finance Ministry places domestic government bonds for more than UAH 11.3B
On June 11, 2024, Ukraine’s Ministry of Finance raised UAH 11.355 billion to the state budget at an auction for the placement of domestic government bonds.
Chernyshov: Ukrainian market needs liberalization to grow energy production
To stimulate business and develop production capacity, the Ukrainian energy market needs to be liberalized wherever possible.
Business ready to build about 1 GW of generation - Kudrytskyi
According to NPC Ukrenergo, the business is ready to build about 1 GW of generation.
Switzerland donating CHF 10M for restoring Ukraine's railway infrastructure
In 2024, Switzerland will provide additional grant funds in the amount of 10 million Swiss francs for the restoration of Ukraine's railway infrastructure.
11 June 2024
EBRD to provide €25 million to restore water supply in Mykolaiv
Mykolaivvodokanal and the European Bank for Reconstruction and Development (EBRD) have signed an agreement to provide almost €25 million to restore the water supply in Mykolaiv.
Russian fuel can still enter Ukrainian market - expert
Liquefied natural gas is entering the Ukrainian market from Poland, and there are signs of Russian diesel fuel entering the market through Romania.
Reforms in Ukraine boost investor confidence - Estonian PM
Reforms help to increase and strengthen the confidence of foreign investors in Ukraine, and it is in the EU's interest that Ukraine succeeds.
Business support and economic recovery: Ukraine and Germany sign declaration
Ukraine and Germany have signed a declaration that will further develop the capacity for institutional development and implementation of corporate reform of the Entrepreneurship Development Fund.
Pritzker is in Berlin: US provides Ukraine with USD 824 million in energy support
The United States is providing USD 824 million to support Ukraine's energy infrastructure.
World Bank mobilises USD 42 billion to support Ukraine
The World Bank, together with partners and donors, has mobilised USD 42 billion in support of Ukraine under the PEACE initiative, of which more than USD 38 billion has already been disbursed in tranches.
EBRD to provide another billion euros to rebuild Ukraine's energy infrastructure
The European Bank for Reconstruction and Development will sign another agreement to allocate one billion euros to Ukraine for energy needs as part of the international conference on the restoration of Ukraine in Berlin.
EU establishing EUR 1.4B investment support program for Ukraine
The European Union is providing Ukraine with substantial financial assistance as part of the EUR 50 billion Facility for Ukraine, and at the same time, is signing the first agreements worth EUR 1.4 billion together with partner European banks to attract foreign capital investment to Ukraine.
Ukraine needs up to $30B in annual investments over next ten years – PM Shmyhal
Ukraine needs $10 to $30 billion in annual investments from partners over the next 10 years.
NBU adopts decisions to strengthen financing of energy reconstruction projects - Shmyhal
The National Bank of Ukraine has made decisions that will facilitate the development of lending for energy infrastructure reconstruction projects.
Ukraine, Norway to cooperate in energy sector
Minister of Energy German Galushchenko of Ukraine and the Minister of Trade and Industry of Norway, Cecilie Myrseth, have signed a memorandum on energy partnership.