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The European Bank for Reconstruction and Development (EBRD) will provide a EUR 51.85 million loan for maintaining gas production in Ukraine and boosting energy efficiency. The EBRD signed the loan agreement with the Naftogaz Group and the Finance Ministry of…
Ukraine's Energy Ministry is continuing talks with state banks and international financial institutions (IFIs) on attracting EUR 300
Ukraine and the International Bank for Reconstruction and Development (IBRD) from the World Bank Group plan to sign a $350 million loan agreement at the end of August 2020
The Ministry of Energy of Ukraine has started determining annual quotas to support renewable energy and developing a schedule of 'green' auctions, the ministry said on Friday, July 31. "We have started the work on determining the volume of annual…
The National Bank of Ukraine (NBU) on July 30 approved the direct acquisition of a 100% stake in Credit Dnipro Bank's (Dnipro) charter capital by businessman Oleksandr Yaroslavsky, the central bank said on its website on Friday, July 31. "The…
A Memorandum of Understanding between the Energy Community Secretariat, the Ministry of Energy of Ukraine, the European Bank for Reconstruction and Development (EBRD) and the Ukrainian Energy Exchange has been signed today. "The Memorandum aims to support the restructuring of…
By the end of 2020, the Turkish hotel operator Rixos Hotels expects to receive about 25,000 tourists from Ukraine in its two Egyptian hotels – Rixos Premium Seagate and Rixos Sharm El Sheikh (both are located in Sharm el-Sheikh), Managing…
The Antimonopoly Committee of Ukraine (AMCU) established signs of violation of the law on the protection of economic competition in the inactivity of the National Energy and Utilities Regulatory Commission of Ukraine (NEURC) in the electricity market and gave this…
Ukraine International Airlines (UIA, Kyiv) saw $60 million in losses due to the temporary suspension of its activities during lockdown and has to gradually lay off 900 employees, the UIA press service has told Interfax-Ukraine. "The monthly downtime of an…
