Business

The Russian government has expanded a list of products prohibited from importation from Ukraine, amending a resolution of December 29, 2018. A resolution of June 28, 20

Car Steinke (R), Ukrainian wine importer, talks to a colleague at Taste of Ukraine restaurant in St. Albert, Canada. Pairing a love for Ukraine and wine brought true magic for Carl Steinke. More than three years ago, Steinke, a retired…

The National Energy and Utilities Regulatory Commission (NEURC) advised market participants, both consumers and generators of electricity, not to focus on the day-ahead market (DAM) as a price indicator in bilateral agreements, and use a fixed price at which the…

A view of the Dnipro hydroelectric power plant in Zaporizhzhya, 520 kilometers southeast of Kyiv. (Ukrafoto) The World Bank approved a $212 million loan package to Ukrhydroenergo for the creation of energy storage facilities, the institution announced on June 30

The Ministry of Energy of Ukraine is mulling the use of atomic energy for the production of climate-neutral hydrogen, Deputy Energy Minister Yaroslav Demchenkov said at a roundtable held on Friday within the Green Deal project at Interfax-Ukraine. "In our…

Two engineers walk around Scatec’s Kamianka solar power plant in Cherkasy oblast. Norwegian renewable company Scatec launched its largest solar plant in Ukraine, with a capacity of 148 megawatts, in Ukraine’s southern region of Mykolaiv, the company announced on July…

Director of the Credit Support Department of the National Bank of Ukraine (NBU) Oleh Novakovsky, who is responsible, in particular, for refinancing, has resigned following the heads of the Licensing and Financial Stability Department. "Today I finish my job at…

The Ministry of Finance of Ukraine has confirmed that Ukraine has received a $350 million loan from the World Bank (WB) for the systemic project "First Economic Recovery Development Policy Loan," the ministry's press service told Interfax-Ukraine. "The funds have…

The Verkhovna Rada of Ukraine has canceled the Crimea free economic area, which was introduced by law in August 2014. The adoption of relevant bill No. 550

The deficit of the general fund of the state budget of Ukraine in June 2021 increased to UAH 18.5