Ukrainians will face lengthy, daily interruptions in electricity until the end of July as scheduled repairs at nuclear power plants put further strain on the country’s already heavily damaged energy system, the head of grid operator Ukrenergo Volodymyr Kudritsky said. “The next week and even the next few weeks the situation will be much … Read more
Ukraine has enough port capacity to cover all export needs: Odesa ports account for 87% of agricultural products sent to other countries. Suspilne reports that Taras Vysotskyi, Ukraine’s acting Minister of Agrarian Policy and Food, said this the day before during the Black Sea Security Forum. As the acting minister noted, 75% of agricultural exports … Read more
Russia must end its illegal aggressive war and pay for the damages it has inflicted on Ukraine, which, according to the World Bank, amounts to over $486 billion, as stated in the communiqué from the G7 countries following their summit in Italy. The leaders also stressed that Russian sovereign assets in their jurisdictions would remain … Read more
NJSC Naftogaz Ukrainy has approved an internal REMIT regulation – the EU Regulation on Wholesale Energy Market Integrity and Transparency. “The company is actively working on integrating into the European energy system,” Naftogaz reported on Friday. The document will, in particular, enable the company to fulfill its obligations under the new legislation introduced by Ukraine … Read more
Group of Seven (G7) leaders on June 13 publicly confirmed an agreement on a plan to provide Ukraine with a $50 billion loan by the end of the year. The loan should be repaid using interest from some $300 billion in frozen Russian assets. “We have reached a political agreement to provide additional financial support … Read more
The transmission capacity for supplying electricity from Europe to Ukraine has reached its limit, and options for further increasing supply are being explored, according to the ENTSO-E Summer Outlook 2024 report by the operators of the unified European energy system. At the end of May, Ukrainian Energy Minister Herman Halushchenko confirmed that the European Union … Read more
On Friday, the average purchase rate of a cash dollar in Ukrainian banks, compared to Thursday, increased by 12 kopecks. and is 40.51 hryvnias. The selling rate increased by 13 kopecks. — up to 41.08 hryvnias. The minimum dollar purchase rate in banks is 39.90 hryvnias, the maximum is 40.75 hryvnias. For sale, the minimum … Read more
Ukrainian mental health startup Rozmova (in the international market — Clearly) will receive $100,000 in funding from the Google for Startups Ukraine Support Fund. The financing aims to expand its presence in foreign markets (Poland, Spain, and Latin America). We managed not only to launch in Poland, but also to completely rewrite the product, adapting … Read more
The Cabinet of Ministers supported the proposal of Ukrainian President Volodymyr Zelenskyy to identify authorized persons to sign an agreement on transport visa-free travel. According to representative of the Cabinet of Ministers in the Verkhovna Rada Taras Melnychuk, the agreement will be extended for another year – until the end of June 2025. “Ukraine and … Read more
DTEK General Director Maksym Timchenko and Honeywell President in Central and Eastern Europe Przemek Szuder signed a memorandum of strategic cooperation at the Ukraine Recovery Conference in Berlin. “DTEK and Honeywell agreed to explore opportunities for: the fast-track restoration and maximisation of DTEK’s energy generation capabilities that have been damaged in Russian attacks on Ukraine’s energy … Read more