EU introduces ’emergency brake’ on eggs, sugar imports from Ukraine

The European Union imposed an emergency brake on imports of eggs and sugar from Ukraine on July 2, according to the European Commission’s statement. The updated rules of duty-free and quota-free trade in agricultural products between Ukraine and the EU came into force on June 6. According to the newlyimplemented rules, an emergency brake can … Read more

Govt launches compensation program for demining farmland

The Cabinet of Ministers updated the procedure for using funds allocated in the state budget to compensate expenses for humanitarian demining of agricultural land at its meeting on Friday, the Ministry of Economy’s press service reported. According to the adopted resolution, compensation is provided for farmers whose lands have already been cleared by certified mine … Read more

Business expectations in Ukrainian construction market in Q2 decrease by 1.1 pp – statistics

The indicator of business confidence in the Ukrainian construction market for the second quarter of 2024 decreased by 1.1 percentage points (p.p.) compared to the first quarter, to 40.9% less, the State Statistics Service of Ukraine said. At the same time, according to the department, the indicator of business expectations for the second quarter of … Read more

Ukraine ships over 200,000 tonnes of food aid to African countries through Grain from Ukraine

Within the framework of President Volodymyr Zelenskyy’s initiative Grain from Ukraine, Ukraine has already shipped over 200,000 tonnes of food supplies. According to the Ministry of Agrarian Policy and Food, seven vessels have transported over 195,000 tonnes of grain and 7,600 tonnes of flour to Somalia, Ethiopia, Yemen, Nigeria, and 25,000 tonnes of grain to … Read more

Ukrainian travel company Eurotrips raises €260k in a fresh investment from Day8

Ukrainian-founded tour operator Eurotrips today raised €260,000 in an investment from UK travel holding company Day 8. Apart from partnering with Day8 through the investment, Eurotrips plans to spend the fresh costs to launch the company into new markets, enhance its marketing efforts, and strengthen its team to ensure the delivery of exceptional travel experiences. … Read more

Zelensky signs sanctions order against several Ukrainian businessmen, dozens of companies

President Volodymyr Zelensky signed an order on April 4 to sanction several Ukrainian businessmen and dozens of companies. One of the sanctioned individuals was Vadym Alperin, an Odesa native known as the “king of smuggling.” Sanctions entail blocking of assets, restrictions on trade operations, preventing the withdrawal of capital from Ukraine, a ban on acquiring … Read more

Ukrnafta receives 138 tonnes of daily oil production after intensifying production in western field

PJSC Ukrnafta received an additional flow of 138 tonnes of oil per day after steps to intensify production at one of the western fields. “This is 24% more to the production of the entire oil and gas production department of Boryslavnaftogaz,” the company said in a press release on Friday. The company said that seven … Read more