About 23,000 km of public roads have been destroyed as a result of Russia’s armed invasion of Ukraine, of which 8,000 km are state roads, while 302 artificial structures were also destroyed. Andriy Ivko, the first deputy head of the State Agency for Automobile Roads of Ukraine (Ukravtodor), said on the air of the national … Read more
NPC Ukrenergo has received the status of an observer member of the ENTSO-E European Network of Transmission System Operators for Electricity, an agreement on its granting was signed on Tuesday in Warsaw, the Ministry of Energy of Ukraine has reported. “This agreement brings Ukraine even closer to full integration with European power markets and determines … Read more
Head of the State Agency for Tourism Development of Ukraine Mariana Oleskiv is in favor of legally banning Ukrainian tour operators from operating in the Russian Federation and Belarus. “Currently, the Agency, together with the competent authorities, is compiling a list of tour operators that cooperate with the Russians or have final beneficiaries in the … Read more
During the 2022 sowing season, Ukraine sowed 3.02 million hectares of land with the main agricultural crops, which is 20.1% of the 14.4 million hectares planned for the current season, the data on which were adjusted the day before to increase by 7.1% (from 13.44 million hectares previously announced), the Ministry of Agrarian Policy and … Read more
The number of non-working representatives of small and medium-sized businesses decreased from 42% to 26% over the month, the European Business Association (EBA) reported with reference to the second wave of a survey conducted from April 14 to April 20 among 162 individual entrepreneurs participating in the Unlimit Ukraine project. The EBA said in a … Read more
The Polish state oil and gas company PGNiG reduced gas sales in Ukraine in the first quarter of 2022 by almost three times, to 80 million cubic meters from 210 million cubic meters in the first quarter of 2021, according to a PGNiG release. According to the report, in general, the volume of gas sales … Read more
Ferrexpo mining company with assets in Ukraine in 2021 increased its net profit by 37.1% to $870.99 million with revenue growth by 48.1% to $2.5 billion, the company said in a report on the London Stock Exchange on Friday. According to it, EBITDA profit increased by 67.5% to $1.4 billion. The report also notes that … Read more
The World Bank Group has completed a preliminary assessment of the physical damage to Ukraine’s buildings and infrastructure caused by Russia’s military aggression and estimated it at about $60 billion, Bank President David Malpass said. “The World Bank Group has completed an early assessment of the physical damage. It puts the cost in terms of … Read more
Ukraine is negotiating a potential issue of “peace bonds” designed for retail investors from the United States and European diaspora, Bloomberg reported citing sources. “Ukraine is in talks with the European Union and the U.S. to establish a so-called peace bond for retail investors to help fund war efforts and reconstruction,” the report says. “The … Read more
The deficit of the state budget of Ukraine in 2022 due to the war unleashed by Russia will increase to 17.8% of GDP from 4% of GDP in 2021, this is the forecast given by the International Monetary Fund (IMF). According to the Fiscal Monitor released by the IMF on Wednesday, in subsequent years the … Read more