Ukraine has adopted a plan for a series of reforms that will allow the EU to provide up to €50 billion over the next four years, Prime Minister Denys Shmyhal said on March 18. In a post on Telegram, Shmyhal said the reforms – part of the Ukraine Facility initiative – would be wide-ranging, covering … Read more
Ukraine is offering customers of underground gas storage facilities competitive tariffs that will not be revised until April 1, 2025, according to a press release from Naftogaz Group on Monday. “One of our key goals for 2024 is to increase the volume of gas that foreign energy companies store in Ukrainian underground storage facilities. This … Read more
PJSC Ukrnafta and the Asset Recovery and Management Agency (ARMA) signed acts of acceptance for the transfer of seized assets of the Glusco network, the company’s press service reported. According to its data, Ukrnafta receives seized corporate rights of enterprises, real estate in the form of filling stations and land plots, oil depots and other … Read more
The total area of residential buildings for which construction permits were issued (new construction) decreased by 37% in 2023 compared to 2022, to 4.2 million square meters, the State Statistics Service (Ukrstat) reported. According to the statistics agency, in January-December 2023, the total area of new construction of apartment buildings decreased by 38.2% year-on-year to 4 … Read more
Foreign holders of Ukrainian bonds are in talks to form a creditor committee ahead of debt restructuring negotiations with Ukraine, Reuters reported on March 15, citing four people familiar with the matter. According to the report, a two-year freeze on payments, agreed by the holders of outstanding bonds totaling $20 billion, is set to expire … Read more
Profit from investments in crypto assets of Ukrainian investors reached $850 million in 2023, according to a study by the analytical company Chainalysis. “The crypto sector has a great investment potential and its legalization in Ukraine will contribute to the rise of our economy and the influx of capital, which is extremely necessary in war … Read more
The Rheinmetall arms concern plans to set up at least four plants in Ukraine, AFP reports. The German plants will produce shells, military equipment, gunpowder, and anti-aircraft weapons. The largest German manufacturer already announced an agreement with a Ukrainian company to produce artillery shells. “Ukraine is now an important partner for us. Here we see … Read more
At a meeting on Thursday, the Antimonopoly Committee of Ukraine (AMCU) granted permission to PJSC Ukrnafta to concentrate the assets of the Glusco gas station network, according to the company’s website. “Now the company has all the legal grounds to sign acts of acceptance and transfer of assets from ARMA, after which it will be … Read more
State-owned Oschadbank has put up for sale the Atmosfera shopping mall and Ramada Encore Kyiv hotel in the capital, 11 land plots in Kozyn (Kyiv region) and the right of claim to “Niteko LLC” for UAH 1.79 billion through the OpenMarket electronic trading system (SE SETAM of the Ministry of Justice of Ukraine). The lot … Read more
The Ukrainian Government has made the decision to make the base code of the e-governement Diia application an open source, according to Mykhailo Fedorov, the Digital Transformation Minister. This will allow other countries to import the code and launch their own state services, relying on the Ukrainian experience of digitization. You can find the open … Read more