A trial program for electronic industrial fishing has been initiated in Ukraine. The press service of the Ministry of Agrarian Policy reported this. The Cabinet of Ministers [Ukraine’s government – ed.] adopted resolution No. 1076, “On the implementation of an experimental project on the introduction of the declaration of the right to commercial fishing and … Read more
The International Monetary Fund (IMF) has announced the creation of the Capacity Development Fund for Ukraine, with $14 million already received from donors, National Bank of Ukraine Governor Andriy Pyshnyi has said in a post on Facebook. “The IMF has officially launched the Capacity Development Fund for Ukraine, aimed at addressing the needs for the … Read more
Ukraine, with the support of international reinsurance broker Marsh McLennan, launched a data platform on October 12 allowing insurers, investors and governments to analyse war risks in the country, according to the Marsh McLennan website. It is also noted that support was provided to the government of Ukraine in the development and testing of a … Read more
An Australian company is exploring the possibility of supplying Ukrainian graphite to the U.S. Department of Defense, news agency Nadra.Info reported on Oct. 13. Volt Resources Limited, which holds a 70% stake in the Ukrainian group Zavalivskiy Graphite, has signed a letter of intent with M2i Global, Inc. (United States) on graphite supplies, Nadra.Info said, … Read more
Russian winter attacks on Ukraine’s energy facilities may cause large-scale damage to the power grid, but the power industry is preparing to restore it as soon as possible, says Energy Minister Herman Halushchenko. Previously, Ukraine’s state energy operator Ukrenergo reported the first mass strike on the country’s energy infrastructure in six months in September. We have … Read more
President of Ukraine Volodymyr Zelenskyy on Monday, October 9, signed decree No. 682/2023, which puts into force the decision of the National Security and Defense Council (NSDC) of Ukraine on financing the defense sector in 2024. The corresponding document was published on the president’s website. According to the text of the NSDC decision, the Cabinet … Read more
With the beginning of autumn, transactions for the purchase of business class apartments with an average price of $2,000 per sq m have become more frequent on the primary real estate market, Daria Bedia, marketing director of the DIM group of companies, told the Interfax-Ukraine agency. “According to our analysts’ research, business class now accounts … Read more
NPC Ukrenergo plans to pay off its debts on compensation of feed-in tariffs to owners of home solar power plants by the end of the year, the chairman of the company’s board, Volodymyr Kudrytsky, has said. “Our debts on the so-called roofing solar power plants (home solar power plants) in September decreased from UAH 4.2 … Read more
The tobacco concern Philip Morris International (PMI), whose share of the Ukrainian market fell by half from 28.5% due to the full-scale invasion of Russia, has now been able to restore it to 24%, the Managing Director of Philip Morris in Ukraine Maksym Barabash said in an interview with Interfax-Ukraine. “After the outbreak of the … Read more
Over 80% of Ukrainian businesses have remained in their regions despite significant changes in the economic geography of Ukraine. This is stated in the research of the Center for Economic Recovery (CER) «Impact of the war on the economy of Ukraine: sectoral, regional and social aspects». 16.4% of enterprises were relocated (2.2% of them abroad). Another 3.3% … Read more