Business

Stabilization of the Ukrainian power system and a certain reserve of capacity make it possible to discuss the issue of opening electricity exports to Europe, Energy Minister Herman Haluschenko has said. "The issue of opening exports is already on the…

850 hectares of industrial hemp will be planted in Zhytomyr region as part of the launch of a project for the production and processing of bast crops, which should be launched on the basis of the industrial park Ma'Rijanny in…

President of Ukraine Volodymyr Zelenskyy said that hundreds of billions of dollars are needed to quickly restore the state from the consequences of a full-scale Russian invasion. "I don't know the real amount of funds, because you see: not the…

The first tranche under the Extended Fund Facility (EFF) Program of the International Monetary Fund (IMF) in the amount of $2.7 billion (SDR 2 billion) was sent on Monday to the general fund of the state budget of Ukraine, the…

The international credit rating agency, S&P Global Ratings, has upgraded the rating of Ukrzaliznytsia JSC to CCC+. The relevant statement was made by Ukrzaliznytsia JSC, an Ukrinform correspondent reports. According to the company, S&P Global Ratings has assigned the sovereign-level…

The International Monetary Fund issued Ukraine the first US$2.7 billion tranche under a new Extended Fund Facility. NBU Governor Andr Pyshnyy broke the news on Facebook, Ukrinform reports. "This is 2 billion special drawing rights, which is about $2.7 billion.…

Ukraine was able to export 265,000 tonnes of sugar in seven months of the current marketing year (September 2022 – August 2023), which is 4.8 times more than in the entire 2021-2022 marketing year, acting Board Chairman of the National…

Electricity generation is sufficient to cover consumption, despite its growth due to cold weather and the end of the heating season in some regions, NPC Ukrenergo said. At the same time, a sufficient reserve of power is maintained in the…

Mission East international charitable organization and Neo-Eco Ukraine have signed a cooperation agreement, under which, together with the local authorities of Mykolaiv region, the goal is to turn the rubble of war-torn buildings into materials for green reconstruction of villages,…

Gas Transmission System erator of Ukraine LLC (GTSOU) and Slovakia’s Eustream have agreed to extend the validity period of the increased firm capacity for gas imports until September 30, 20