Ukraine took part in Connecting Europe Days in Brussels
Ukraine took part in high-level events as part of the Connecting Europe Days week dedicated to the development of transport and logistics routes in Europe.
Economy
Ukraine proposes introducing ban on air transit to Russia and Belarus
Ukraine has proposed introducing a ban on air transit to Russia and Belarus in order to limit the economic potential of the aggressor.
Japan bans exports of 164 additional industrial items to Russia
Japan will expand its ban on exports to Russia to include 164 additional industrial items such as lithium-ion batteries, gas pipes, and car engine oil.
Ukrenergo saves half of its substation equipment through passive protection – Kudrytskyi
Ukrenergo National Power Company will continue to develop passive protection systems for its substations, as they saved at least half of the company’s equipment during Russia’s latest massive attacks.
Non-performing loans consistently reducing in volume in Ukraine – expert’s opinion
The number and volume of non-performing loans in Ukraine’s banking system are steadily reducing, although they directly depend on the course of hostilities, military assistance from Western partners and economic development.
Lithuania to provide Ukraine with equipment for thermal power plants
The Republic of Lithuania will provide assistance to Ukraine’s energy sector, namely by sending large-sized equipment for thermal power plants.
04 April 2024
IMF names conditions for confiscation of Russian assets
The confiscation of frozen Russian assets should have sufficient legal underpinnings and not undermine the stability of the international monetary system.
Russian missile strikes may affect macroeconomic projections for Ukraine - IMF
The International Monetary Fund is following massive missile and air strikes on Ukrainian infrastructure closely and does not rule out that this may affect macroeconomic projections for Ukraine in the near future.
Russians launch first deliberate attack on Ukraine’s solar power plant – Ukrenergo
On April 3, 2024, Russian troops deliberately targeted a solar power plant situated behind the lines in Ukraine.
U.S. ready to help restore Ukraine's energy sector - ambassador
Ukrainian Energy Minister German Galushchenko at a meeting with U.S. Ambassador to Ukraine Bridget Brink discussed the needs of the Ukrainian energy infrastructure that was damaged as a result of the latest Russian attacks.
Government borrowings to Ukraine’s state budget reach UAH 473B in Jan-Mar 2024
In January-March 2024, the government borrowings to Ukraine’s state budget general fund came to UAH 473.6 billion.
Electricity imports from Europe help Ukraine’s energy system to operate in balanced mode – Ukrenergo
Electricity imports from EU countries are one of the factors ensuring that there is no power deficit in Ukraine’s energy system after March 22, 2024.
Retail trade turnover in Ukraine up by 15.4% in 2023 - Statistics Service
In 2023, retail trade turnover in Ukraine amounted to UAH 1.8 trillion, which is 15.4% more than a year earlier.
03 April 2024
Shmyhal, Kallas discuss mechanism of compensation for damages caused by Russia to Ukraine
Ukrainian Prime Minister Denys Shmyhal and his Estonian counterpart Kaja Kallas have discussed the mechanism of compensation for damages caused by Russia to Ukraine.
DTEK Group lost 80% of its generating capacities after Russian attacks in March
After the large-scale attacks carried out by Russia on March 22 and 29, DTEK Group lost 80% of its generating capacities.
Ukraine exports $3.2B worth of goods in Mar 2024
Last month Ukraine exported 11.8 million tonnes of goods, totaling $3.2 billion.
Ukraine approves opening of new checkpoint on border with Romania
The Cabinet of Ministers of Ukraine had approved the agreement on the opening of the international checkpoint Bila Tserkva (Ukraine) - Sighetu Marmatiei (Romania).
Ukraine’s state-owned mines boost coal production
Despite the war risks, shelling, power outages and personnel shortages, the production output of coal at Ukrainian state-owned mines has been exceeding the pre-war levels for several months.
Ukraine used 6.7 bcm of gas from UGS facilities during heating season
During the 2023/2024 heating season, Ukraine used 6.7 billion cubic meters of natural gas from underground gas storage (UGS) facilities, according to Naftogaz Group.
02 April 2024
Russian drone damages power substation, missile debris affect high-voltage line
Power equipment at one of the substations run by NEC Ukrenergo sustained damage in a kamikaze drone attack overnight Tuesday, which led to electricity consumption caps being introduced in Kharkiv region and Kryvyi Rih district.
Ukrenergo pays UAH 2.2B in taxes to state budget in 2023
In 2023, NPC Ukrenergo paid more than UAH 2.2 billion in taxes and fees to the state budget.
Ukraine exports 5.2M tonnes of grain, leguminous crops last month
In the marketing year 2023/2024 (between July 1, 2023 and April 1, 2024), Ukraine exported 34.86 million tonnes of grain and leguminous crops, including 13.84 million tonnes of wheat.
McDonald’s reveals what restaurant remaining most popular in Ukraine
The most visited McDonald’s restaurant in Ukraine is remaining the one situated on Vokzalna Square in Kyiv.
Ukraine’s state budget general fund receives UAH 158.1B in Mar 2024
In March 2024, Ukraine’s state budget general fund received UAH 158.1 billion.
01 April 2024
Veterans to receive UAH 21M in grants for business development
Forty-seven applicants for the Own Business grant program will receive UAH 21 million from the government to launch or develop their business, bringing the number of veterans who have already received such grants to 454.
British intelligence analyzes Russia’s arms production under sanctions
Global sanctions against the Russian Federation continue to disrupt the supply of key resources to the Russian defense industry, affecting Russia's weapons production.
Ukraine receives $118M from Japan for health care and recovery
Ukraine's state budget has received a $118 million grant from the Government of Japan as part of the World Bank's Health Enhancement And Lifesaving (HEAL Ukraine) and Housing Repair for People's Empowerment (HOPE) projects.
Russian strikes may force Ukraine to shift to hundreds of smaller power plants instead of few large ones - MP
In view of the ongoing Russian attacks targeting Ukraine’s energy generation facilities, Ukraine should explore the option of a smaller-scale generation network that would complicate Russia’s effort to undermine Ukraine’s power system.
Ukrnafta increases production after intensification operations at one of its fields
PJSC Ukrnafta has carried out measures to intensify production at one of its fields in western Ukraine, resulting in an increase in daily production by 138 tonnes of oil.