Business

A view shows the entrance to a dining hall at the Irpin Penal Center outside Kiev on August 6, 2020. – Ukrainian justice ministry on August 6 begun a drive to sell off its prisons, an ambitious project meant to…

JSC Ukrzaliznytsia plans to issue five-year eurobonds in the amount of $300 million, J.P. Morgan and Dragon Capital have been appointed organizers, a banking source has told Interfax-Ukraine. The series of calls with investors begins on July 6, he said.…

A bank branch of Ukraine’s largest bank, PrivatBank. The new Automated System of Enforcement Proceedings (ASEP) launched on July 6 allows lenders automatically seize funds from bank accounts for unpaid debts. As of July 6, banks in Ukraine can automatically…

Ukraine and China have signed an intergovernmental agreement providing for the expansion of cooperation between the two countries and the promotion of joint projects in the infrastructure construction sector, as well as the raising of Ukrainian funds on concessional terms…

The District Administrative Court of Kyiv (DACK) has suspended the order of the National Agency for Corruption Prevention (NACP) to the Supervisory Board of Naftogaz Ukrainy to terminate the contract with head of the NJSC Naftogaz Yuriy Vitrenko. "The court…

The Ministry of Energy has proposed to the National Energy and Utilities Regulatory Commission (NEURC) to consider the possibility of sales by traders and suppliers on the day-ahead market as a percentage of their trading volume. The ministry announced this…

Ukraine cut down exports to Russia by 78% from 2013 to 20

forum.grasscity.com The National Energy and Utilities Regulatory Commission (NEURC) held an emergency meeting to stabilize the electricity market after prices plummeted on the day-ahead segment, the regulator reported on July 5. The price crash on July 2-4 was caused by…

Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan attend an inauguration ceremony of a new gas pipeline “TurkStream” on Jan. 8, 2020

The National Energy and Utilities Regulatory Commission (NEURC) has set the lower price cap on the day-ahead market (DAM) at UAH 734.9 per MWh until July 8 inclusive and set a limit on the sale electricity under bilateral agreements within…