The Verkhovna Rada supported at the first reading and adopted as a basis bill No. 11256-2 on increasing excise tax rates on motor fuel from July 1, 2024, which does not imply a sharp increase in the excise tax on liquefied gas (LPG). “This is the old Cabinet version of the law,” MP Yaroslav Zhelezniak … Read more
In May, Ukraine set a record by exporting 108 thousand tons of sugar, with 65% going to the European Union and 35% to other countries. The press service of the National Association of Sugar Manufacturers of Ukraine, “Ukrtsukor,” informs about this. As reported by the acting chairman of the board of the association, Yana Kavushevska, … Read more
Ukrainians will have to live in a power-saving mode for years due to Russian attacks on Ukraine’s energy infrastructure, Prime Minister Denys Shmyhal said at a meeting of the Cabinet of Ministers on June 4. “The consequences of Russian attacks on the energy sector are long-term. Therefore, saving will be a part of our everyday … Read more
The number of positively-minded top managers of financial institutions decreased from about 52% in November last year to about 45% in May this year, the balance of responses worsened from 26% to 21%, but remains positive, according to data from the National Bank of Ukraine (NBU). “The majority of respondents reported that, in their opinion, … Read more
During the Russian attacks this spring, Ukraine lost 9.2 GW of power generation capacity, European Union Ambassador to Ukraine Katarína Mathernová reported. “We discussed key priorities of Ukraine for the next months, including the urgent energy equipment needs to help alleviate the impact of continuous Russian missile attacks on energy infrastructure. Including the attack from … Read more
Exports of goods from Ukraine in May 2024 amounted to $3.34 billion, which is only 0.5% less than in April, despite a reduction in its physical terms by 6.9%, to 12.2 million tonnes, Deputy Minister of Economy, Trade Representative of Ukraine Taras Kachka said. “This is primarily due to the fact that in May the … Read more
The volume of export of IT services from Ukraine for April 2024 fell by 3% and amounted to $545 million, according to the report of the National Bank of Ukraine. The value of IT exports of Ukraine decreased by $20 million (approximately 3%) compared to March 2024 ($565 million), but this is $27 million more … Read more
Under the eOselia preferential mortgage program, partner banks have accredited 47 developers, apartments are available in 100 houses under construction. As the press service of Ukrfinzhytlo reported, in April and May 2024, 10 developers joined the program, Ukrainians can purchase property rights to apartments in 60 residential complexes in 14 regions of Ukraine. Recently, a … Read more
Electricity exports have nothing to do with hourly power outages, Director of the Energy Industry Research Center (EIR Center) Oleksandr Kharchenko has said. “The export of electricity has nothing to do with the power outages. This is either Russian bogus stories or consumers’ lack of knowledge. Recently, there has been no export and it is … Read more
PJSC Ukrnafta has begun building a new exploration well in the north-east of the country, company director Serhiy Koretsky said on Facebook. According to him, drilling is carried out using our own rig. The projected depth of the object is 3,314 m. The goal is to reach the productive horizons of the Visean sediments. Completion … Read more