The authorities are well aware of the current situation with the energy sector, and Kyiv residents should prepare for power outages of 7-8 hours, energy expert Oleksandr Kharchenko said in an interview on June 2. “Listen, it’s all been calculated… All the numbers are absolutely clear; it’s unclear what the consequences of additional attacks will … Read more
The International Monetary Fund (IMF) staff and the Ukrainian authorities have reached staff-level agreement (SLA) on the fourth review of the 4-year Extended Fund Facility (EFF) Arrangement, subject to approval by the IMF Executive Board, Ukraine would have access to about US$2.2 billion (SDR 1,669.82 million). “The International Monetary Fund (IMF) staff and the Ukrainian … Read more
The Cabinet of Ministers of Ukraine has included the industrial parks Tiachiv (Zakarpattia region) and Smila (Cherkasy region) in the Register of Industrial Parks, as announced by the government representative in the parliament, Taras Melnychuk. According to his message on Telegram on Thursday, the government made the decision at its meeting on Thursday. According to … Read more
The Cabinet of Ministers of Ukraine has set the electricity tariff for the population at UAH 4.32 per kWh (including VAT) starting June 1, 2024, which is 64% higher than the current tariff of UAH 2.64 per kWh (including VAT). This previously released information by the first deputy head of the Verkhovna Rada’s energy committee, … Read more
In Chortkiv, with the support of the EU and the Nordic Environment Finance Corporation (NEFCO), a dormitory for internally displaced persons (IDPs) was reconstructed and energy-modernized with a budget of EUR 1.96 million. This resulted in the creation of 39 smart apartments and seven dormitory rooms, NEFCO’s press service has reported. “The Chortkiv community has … Read more
Chernivtsi Regional Military Administration will compensate entrepreneurs-exporters of the region for part of the payment for insurance services of the Export Credit Agency (ECA) or part of the bank commission when they receive an investment loan for the creation of facilities and infrastructure necessary for development processing industry and export of goods, works, services of … Read more
PJSC Ukrnafta, after hydraulic fracturing, increased the daily flow rate of a well in the northeast of the country by 25 times, company director Serhiy Koretsky said on Facebook. According to him, this is now the company’s most productive well – 103 tonnes per day in oil equivalent. As a result of the work performed … Read more
The share of JYSK business sales in Ukraine since September 2023, when an additional B2B sales channel was launched, amounted to more than 6% of the total turnover of the JYSK network in Ukraine in May 2024, B2B manager of JYSK in Ukraine Halyna Farina told the Interfax agency Ukraine. “In September 2023, JYSK Ukraine, … Read more
Ukraine’s thermal generation has suffered a devastating blow, losing approximately 85% of its capacity, Olena Lapenko, a project expert at Ukraine’s think tank DiXi Group, said during the presentation of the document “Summer Outlooks: Assessing Readiness for Risks in the Electric Power and Gas Sectors”. “The timeline for recovery remains uncertain, despite some experts’ claims,” … Read more
During the full-scale war, from 2022 to the first quarter of 2024, 1261 agricultural enterprises closed in Ukraine, according to a study by YouControl.Market. Other sectors with significant closures include wholesale trade, real estate operations, and construction companies. The share of legal service firms among closed businesses doubled during the war. In 2021, the legal … Read more