Government dismisses deputy head of state service on food safety
The Cabinet of Ministers has dismissed Olha Shevchenko from the post of deputy head of the State Service of Ukraine on Food Safety and Consumer Protection.
Economy
30 March 2024
Ukraine loses 10% of generating capacity following Russian recent attacks – expert’s opinion
High-voltage infrastructure has reserves to recover after massive attacks, but the damaged power plant capacities will require long-term repairs.
First ‘Made in Ukraine’ regional office opens in Sumy
The first ‘Made in Ukraine’ regional office, which is intended to provide support for micro- and small businesses, has opened in the city of Sumy.
Ukraine, USA sign agreement on deferral of public debt payments
Ukrainian Finance Minister Sergii Marchenko and United States Ambassador to Ukraine Bridget A. Brink have signed a bilateral agreement on the deferral of the public debt payments.
29 March 2024
Russia doubles nitrocellulose imports for production of explosives with Western help - media
Russia has boosted its imports of an explosive compound critical to the production of artillery ammunition, including from companies based in the U.S. and other Western countries and allies, despite international sanctions meant to choke Moscow’s wartime production, trade data showed.
Shmyhal explains where $1.5B from World Bank to be allocated
On March 29, Ukraine received $1.5 billion from the World Bank. The funds will be used for social and humanitarian purposes, as well as for the country’s recovery.
Ukraine now imports electricity from five countries - Shmyhal
Ukraine has withstood another Russia’s massive attack, the power system is intact, but the situation is very difficult.
Ukraine receives about $9B of concessional financing from partners in March – Finance Ministry
In March 2024, the general fund of the state budget of Ukraine received about USD 9 billion of external financing.
Ukraine receives $1.5 B loan from Japan, UK through World Bank mechanism
Ukraine has received a $1.5 billion Growth Foundations Development Policy Loan (DPL) from Japan and the United Kingdom through the World Bank mechanism.
Shmyhal: Energy infrastructure damaged in six regions following night attack
On the night of March 29, the Russian missile attack damaged the energy infrastructure in the Dnipropetrovsk, Vinnytsia, Ivano-Frankivsk, Lviv, Cherkasy, and Chernivtsi regions.
Ukrainian Danube Shipping Company sets afloat another SLG barge
Ukrainian Danube Shipping Company PrJSC has completed the construction of its third SLG barge and is ready to build up to 10 vessels annually.
Ukroboronprom corporatizes 34 enterprises
A total of 34 enterprises have already been corporatized as part of Ukrainian Defense Industry JSC (Ukroboronprom) under Ukraine’s defense industry reform.
28 March 2024
Ukraine's GDP grows by 5.3% in 2023 - Statistics Service
Ukraine's gross domestic product was up by 5.3% last year after dropping a staggering 28.8% in 2022 against the background of Russia’s full-scale invasion.
Ukraine, Poland hold first intergovernmental consultations to address infrastructure issues
As part of the first intergovernmental consultations, Ukrainian and Polish representatives discussed a number of urgent cooperation issues, namely the extension of the Agreement on Liberalization of Freight Transport.
Germany charges five over Crimea sanctions breach
Prosecutors in Hamburg charged four German nationals and a Swiss-French dual citizen with violating Crimea-related sanctions by helping export Siemens gas turbines to the Russian-occupied peninsula.
UK Defense Secretary calls on Europe not to impose restrictions on trade with Ukraine
UK Defense Secretary Grant Shapps has called on the European Union not to impose trade restrictions on Ukraine during the war.
Zaporizhzhia NPP’s safe operation at power levels currently impossible – SNRIU
As long as Zaporizhzhia Nuclear Power Plant (NPP) remains under Russian occupation, it is impossible to safely operate the plant at the power levels.
Moldova's largest oil producer suspends operations due to Ukrainian seed shortage
The largest oil producer in Moldova, Floarea Soarelui, has suspended work due to a pressing shortage of Ukrainian sunflower seeds.
27 March 2024
Talks between Ukraine, Poland’s agri ministries and farmers underway in Warsaw
The Ukrainian delegation from the Agriculture Ministry launched talks with their Polish counterparts in Warsaw.
Russia nationalizes 15 defense firms since early 2023
Since the beginning of 2023, the Prosecutor General's Office of Russia has ensured the return to state ownership of 15 enterprises of Russia’s military-industrial complex worth more than RUB 333 billion ($3.6 billion).
EU may extend "exemptions" from trade liberalizations for Ukraine to oats, corn, groats, honey
The Committee of Permanent Representatives of the EU at the level of ambassadors (COREPER) has launched a formal discussion of the extension of the so-called autonomous trade measures regarding Ukraine for another year.
Rheinmetall receives EUR 130M from EU to increase ammunition production
The European Union has allocated more than EUR 130 million to Germany’s arms manufacturer Rheinmetall to increase ammunition production.
World Bank approves $1.5B loan to Ukraine under Japanese and UK guarantees
On Tuesday, the World Bank's Board of Directors approved a $1.5 billion Growth Foundations Development Policy Loan (DPL) for Ukraine to support its development policy.
Finnish businesses open representative office in Kyiv
Confederation of Finnish Industries (EK) and EastCham Finland are opening a joint representative office in Kyiv.
GTSOU to maintain last year’s terms for transporting gas to underground storage facilities
In 2024, Gas Transmission System Operator of Ukraine LLC (GTSOU) is planning to maintain last year’s terms for transporting foreign-owned gas to underground storage facilities.
Ukrnafta boosts oil, gas production in Feb 2024
Last month Ukrnafta PJSC produced 110.3 thousand tonnes of oil and 92.1 million cubic meters of natural gas, which is 0.09% and 10.7% respectively higher compared to February 2023.
26 March 2024
Hungary not to reintroduce import ban on Ukrainian honey
Hungary will not reintroduce a ban on honey imported from Ukraine despite demands by honey farmers who have protested saying cheap honey from Ukraine pushed down prices and threatens to drive them out of business.
PM Shmyhal: Ukraine receives $880M from IMF under EFF Arrangement
Ukraine has already received a tranche of $880 million from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) Arrangement.
Swedish business ready to cooperate with Ukrainian companies in high-tech industries
Swedish businesses are interested in increasing their presence in Ukraine and developing cooperation with Ukrainian companies in high-tech industries, including energy, telecommunications, and cyber security.