NNEGC Energoatom and Korean Hyundai Engineering and Construction Co., Ltd. (HDEC) signed a memorandum of cooperation on the design, construction and commissioning of new nuclear power plant units in Ukraine. The corresponding agreements were signed in Kyiv on Monday by acting Chairman of the Board of Energoatom Petro Kotin and Executive Vice President and COO … Read more
D.Trading LLC swiftly increased imports of electricity from Europe for its consumers fourfold after enemy attacks on Ukrainian energy infrastructure on May 8, the company’s website reported on Friday. “The use of imports provides industrial consumers with the opportunity to minimize the risks of electricity consumption restrictions and to continue operating in these challenging times,” … Read more
Clothing brand H&M opened a new store in Kyiv covering two entire stories, at the Blockbuster Mall on May 10. This is already the seventh store of the brand in the capital. The store in Blockbuster Mall will feature a wide selection of women’s, men’s and children’s clothing, as well as the H&M MAMA line … Read more
Ukrainian enterprises increased the export of scrap metal by 54.9% in January-April of the current year compared to the same period last year, reaching 87,414 tonnes from 56,449 tonnes. According to statistics released by the State Customs Service on Friday, 26,153 tonnes of scrap metal were exported in April, 20,907 tonnes in March, 23,194 tonnes … Read more
Based on the results of April, the Epicenter network saw a significant increase in sales of power banks (up 38%) and charging stations (up 350%) in units compared to the previous year, the demand for generators is noticeable in the regions most affected by shelling of the energy infrastructure, the company’s press service reported to … Read more
Consumer prices growth in Ukraine in April 2024 decreased to 0.2% from 0.5% in March, 0.3% in February, and 0.4% in January, the State Statistics Service reported on Friday. The agency reminded that in April 2023, the price growth was also 0.2%, so the annual inflation by the end of April of this year remained … Read more
As of May 9, Ukraine has sown spring cereals and legumes on 4.320 million hectares, which is 1.8 times more than the previous year, the press service of the Ministry of Agrarian Policy and Food reported on Friday. According to the report, wheat has been sown on 244,900 hectares (240,700 hectares the previous week), barley … Read more
The Verkhovna Rada has made changes to the Budget Code and regulated the distribution of 12% of the normative monetary valuation of land, which will be the starting price at auctions for the transfer of land for lease, Head of the State Property Fund (SPF) of Ukraine Vitaliy Koval said. “Now 90% of such revenues … Read more
The top 20 Ukrainian largest investors, including private companies that have contributed to business and economic development over the two years of full-scale Russian invasion, was published for the first time by Forbes Ukraine on May 9. These investors have collectively invested a total of UAH 173 billion ($5 billion). Among the top 20 are … Read more
EU ambassadors have agreed to use the proceeds from immobilized Russian assets for Ukraine’s reconstruction and military aid, the Belgian EU presidency reported. “The money will serve to support Ukraine’s recovery and military defense in the context of the Russian aggression,” the statement said. President of the European Commission Ursula von der Leyen welcomed the … Read more