After a massive russian missile attack, the energy system of Ukraine is working on gradually restoring the electricity supply. Still, the situation remains challenging in the east, where on December 6, the invaders fired another attack on energy facilities. The Ukrenergo electricity company reported this. The company said that the units, disconnected due to damage … Read more
The Ukrainian electricity market operator became a member of the committee of operators of the European Union. The press service of the Ukrainian state-owned company reported this. JSC Market Operator joined the committee of European market operators—Nominated Electricity Market Operators, or NEMO, Committee. It will be an observer of the work of the unified spot … Read more
On December 5, Ukraine and the United Arab Emirates (UAE) announced their intention to conclude a Comprehensive Economic Partnership Agreement (CEPA). Negotiations between Ukraine and the UAE on the conclusion of CEPA have already begun. The press service of the Ministry of Economy of Ukraine reported this. The joint application in this regard was signed … Read more
Ukraine has not been importing natural gas under a contract with PJSC Gazprom (Russia) already for seven years – since November 26, 2015, purchasing it exclusively on the western border of the country. The reason for Ukraine’s refusal to buy gas on its eastern border at the end of 2015 was the inconsistency in price. … Read more
President of Ukraine Volodymyr Zelensky signed a law providing for the voluntary refusal of businesses from the simplified taxation system, MP Yaroslav Zhelezniak (the Holos faction) said. “The President signed our draft law No. 8045, which, among other things, provides for the voluntary refusal of businesses from a simplified taxation system with a tax payment … Read more
The area for growing blueberries in Ukraine in 2021 amounted to about 5,300 hectares, an increase of approximately 1,000 hectares compared to 2020, which allowed Ukraine to become the eighth largest global producer of these berries. According to the website of the information and analytical platform EastFruit, such data are contained in the annual report … Read more
At least 5,000,000 people in Ukraine have lost jobs due to the war unleashed by Russia. The relevant statement was made by Ukrainian Economy Deputy Minister Tetyana Berezhna during the Polish-Ukrainian Economic Forum, an Ukrinform correspondent reports, referring to the Ukrainian Economy Ministry. “The war is destroying Ukraine’s labor market. Hostilities continue, where 10 million workers … Read more
The popular American magazine TIME published a ranking of the best inventions of 2022. Among them is Esper Bionics, a human augmentation startup founded by Ukrainians. Esper Bionics’ prosthetic hand is the first AI-powered, cloud-based robotic prosthetic that gets smarter over time. The lightweight device has up to 24 wearable sensors that detect and process muscle activity and … Read more
To help strengthen the confidence of American businesses to invest in our country, Ukraine and the United States are updating the trade agreement from 2008. This was reported on the website of the Ministry of Economy. The Minister of Economy of Ukraine, Yuliya Svyrydenko, reports: “This work will strengthen the confidence of American businesses in … Read more
President of Ukraine Volodymyr Zelensky has said exemption from VAT and duties on energy equipment will simplify and reduce the cost of its supplies to Ukraine. “Today, the government of Ukraine made an important decision that will help pass the winter period. Imports of goods needed during the heating season will be exempt from VAT … Read more