Head of PO discusses investment prospects in Ukraine with CRH Group delegation
Head of the Presidential Office Andriy Yermak met with a delegation of the international group of companies CRH and discussed the prospects of investing in Ukraine.
Economy
23 April 2024
European Parliament votes to extend trade liberalization for Ukraine
The European Parliament on Tuesday endorsed the extension of temporary trade liberalization measures for Ukraine, while protecting EU farmers.
Parliament expands ARMA's ability to buy military bonds for foreign currency
The Verkhovna Rada has supported in general a bill that expands the ability of the National Agency for Asset Recovery and Management (ARMA) to purchase military bonds for foreign currency.
Minister Solskyi on recent charges: Events date back to 2017-2018, when I acted as a lawyer
Ukrainian Agrarian Policy and Food Minister Mykola Solskyi, who has recently been served with charges from the National Anti-Corruption Bureau of Ukraine (NABU), claims that the events in question date back to the period, when he acted not as a government official but a lawyer.
State Agency on Energy Efficiency working to develop biomethane register
Currently, the biomethane register is under development in Ukraine. Prior to its launch, exporters will be able to supply biomethane to Europe in accordance with the data from Gas Transmission System Operator of Ukraine LLC (GTSOU).
Naftogaz ready to support development of biomethane industry in Ukraine
Naftogaz Group is ready to support investment in expanding the production of biomethane, promote its transportation, and has ambitious plans to buy up biomethane from Ukrainian producers.
21 April 2024
No total blackout expected in Ukraine - energy chief
Despite Russia's ongoing attacks targeting energy generation facilities, there will be no total blackout Ukraine.
Germany could give Ukraine equipment from decommissioned TPPs - energy minister
German officials offered their Ukrainian counterparts to look at Germany’s closed energy facilities for equipment that Ukraine may need to restore what has been damaged or destroyed by Russian missiles and drones.
20 April 2024
Energy independence of Ukrainian business: path toward success and environmental protection
Opportunities for SMEs to shift toward energy-efficient tech and achieve energy independence
Freight traffic resumed at two checkpoints on Ukraine’s border with Poland
The cross-border movement of freight vehicles has been restored at the checkpoints Shehyni – Medyka and and Krakivets - Korczowa.
Highway being built in Romania toward Ukraine border
Romania plans to complete by 2026 the construction of the highway connecting Bucharest and Siret, the settlement located near the border with Ukraine.
Germany sends more than 100 humanitarian aid shipments in support of Ukraine’s energy sector
Since February 24, 2022, Germany has sent more than 100 humanitarian aid shipments in support of Ukraine’s energy sector. The country is also the largest donor of the Ukraine Energy Support Fund.
19 April 2024
State Property Fund held eight successful privatization auctions in week
From April 15 to 19, the State Property Fund held eight successful online privatization auctions in the Prozorro.Sale system for a total of UAH 28.5 million.
Since February 2022, Ukraine has attracted $72 billion in budget support from G7 countries and EU
Since the beginning of the full-scale Russian invasion, Ukraine has attracted about USD 72 billion in budget support. The country has received about USD 72 billion in budget support from the G7 countries and the European Union.
EIB to provide EUR 560M for projects in Ukraine this year
Ukraine will receive EUR 560 million from the European Investment Bank (EIB) in 2024 for projects in energy, transport infrastructure, housing reconstruction, as well as for projects that will support Ukraine's economic recovery and businesses.
Ukraine has reduced agricultural exports by 4% since beginning of year
In the first quarter of 2024, Ukraine exported agricultural products by 4% less than in the same period last year.
Ukraine has no freight locomotive production: MP Kysylevskyi comments on Ukrzaliznytsia-Wabtec contract
Ukraine’s transport engineering industry has been preserved, and domestic manufacturers could ensure a local content in the production of diesel freight locomotives at 55%.
Government spends $4B from budget due to lack of promised weapons from partners – Marchenko
Due to a delay in arms supplies from international partners, the Ukrainian government has already spent $4 billion to purchase weapons, resulting in adverse consequences for the budget.
Shmyhal, US Treasury Secretary discuss military aid, Russia’s assets
Ukraine is counting on the United States to unblock aid for 2024, including direct financial support, Prime Minister Denys Shmyhal has said.
Banks overcome consequences of Russian missile attacks this spring – expert’s opinion
The banking system proved to be quite prepared, having endured Russian missile attacks on Ukraine’s energy infrastructure in March-April 2024. However, some difficulties were observed in the operation of bank offices in the most affected settlements.
18 April 2024
Shmyhal, French economy minister discuss confiscation of frozen Russian assets
Ukrainian Prime Minister Denys Shmyhal met with French Minister of Economy, Finance, Industrial and Digital Sovereignty Bruno Le Maire to discuss the confiscation of frozen Russian assets.
Ukraine needs $42B in budget support this year - IMF
Ukraine needs at least $42 billion in international aid for budget support this year in the context of Russia's ongoing war.
Ukraine's PM, IMF head discuss seizure of Russian assets
Ukrainian Prime Minister Denys Shmyhal and IMF Managing Director Kristalina Georgieva have discussed the seizure of Russian assets and their use for Ukraine's needs.
Energoatom, Holtec International sign agreement to produce SMR components in Ukraine
In accordance with the document signed in the presence of Ukrainian Energy Minister German Galushchenko between Energoatom National Nuclear Energy Generating Company of Ukraine and Holtec International, Ukraine will start the production of small modular reactor (SMR) components.
17 April 2024
Zelensky to World Bank: Ukraine needs efficient financial shield
Ukraine needs an efficient financial shield in its fight against Russian aggression.
Shmyhal offers World Bank president to sign memorandum on the development of housing market
Ukrainian Prime Minister Denys Shmyhal has discussed the situation in Ukraine's energy sector with World Bank President Ajay Banga and offered to sign a memorandum on the development of the housing market.
Shmyhal, Raimondo discuss strengthening of tech sanctions against Russia
Ukrainian Prime Minister Denys Shmyhal and U.S. Secretary of Commerce Gina Raimondo have discussed the tightening of sanctions against Russia, particularly in the field of high technologies.
Shmyhal at forum in US: Ukraine should become next destination for American investments
Prime Minister Denys Shmyhal has stated that American business leaders are interested in Ukraine, and it is in Ukraine's interest to become the next destination for US investments.
PM Shmyhal meets with American business representatives in Washington
Ukrainian Prime Minister Denys Shmyhal has held a meeting with American business representatives in Washington to discuss further support and assistance to Ukraine.