Decision to nationalize Ukrnafta, Ukrtatnafta, ZTR, Motor Sich, AvtoKrAZ based on law and Supreme Commander-in-Chief’s order

The law on the transfer, expropriation or seizure of property under the legal regime of martial law or a state of emergency and the order of the Supreme Commander-in-Chief of the Armed Forces of Ukraine dated November 6 on the decision of the Staff of the Supreme Commander-in-Chief of the Armed Forces of Ukraine made … Read more

Ukrainian Retail Well-Being Index climbs to 28.3 in Sept 2022, shows 70% market recovery – UCSC

The Retail Well-Being Index (RWBI), after a sharp drop to 16.7 in February and March 2022, recovered to 28.3 in September 2022, the Ukrainian Council of Shopping Centers (UCSC) told Interfax-Ukraine. The Retail Well-Being Index shows the dynamics of the shopping center. When calculating the index, the following aspects are taken into account: shopping center … Read more

UN confirms “grain corridor” to resume on November 3

The UN confirmed the resumption of the “grain corridor” on November 3. The passage of ships will be ensured. Sydorov reports, referring to the Twitter account of Ukraine’s Minister of Infrastructure Oleksandr Kubrakov. “Black Sea Grain Initiative continues. On Thursday, November 3, eight vessels with agricultural products are expected to pass through the “grain corridor.” … Read more

Canada to issue five-year bonds in support of Ukraine

The Government of Canada will issue five-year bonds – Ukraine Sovereignty Bonds – to financially support Ukraine, Prime Minister Justin Trudeau said at the XXVII Triennial Congress of Ukrainian Canadians in Winnipeg on Friday. “Canada remains unwavering in our commitment to support the people of Ukraine in their fight against Putin’s illegal and barbaric invasion, … Read more

McDonald’s resumes work in Zhytomyr, operation of four restaurants in Kyiv region

McDonald’s is resuming work in Zhytomyr and the operation of four restaurants in the capital region, the company’s press service reported. In Zhytomyr on Friday, McDonald’s resumed work at 77 Kyivska Street. Also, on October 27 and 28, establishments were opened in Kyiv at 1 Mazepy Street, 36b Bandery Avenue, at 1 Circular Road, as … Read more

UCAB predicts 30% drop in gross sunflower harvest in Ukraine

According to preliminary estimates by the Ukrainian Club of Agrarian Business, the gross sunflower harvest in the 2022/2023 marketing year will decrease by 30% compared to the average annual figure for the past three years. This was reported by the UCAB press service. It is noted that the reason for the fall in the gross collection is … Read more

Minister Galushchenko: 90% of wind energy facilities put out of service due to war

As a result of the Russian full-scale invasion, 90% of wind energy facilities and 45-50% of solar energy facilities have been put out of service in Ukraine. The relevant statement was made by Ukrainian Energy Minister German Galushchenko in an interview with We-Ukraine Channel. “Green energy is probably the most affected industry, as most of our capacities … Read more

Ukraine, Türkiye seek to extend Grain Initiative

Ukraine and Türkiye have spoken in favor of extending the Grain Initiative agreement on the safe transportation of Ukrainian cereals from the country’s seaports beyond November 22 when the initial deal is set to expire. This was discussed today during a meeting of Ukraine’s Infrastructure Minister Oleksandr Kubrakov and Turkish Defense Minister Hulusi Akar at … Read more