PJSC Ukrnafta increased the volumes and expanded the geography of imported fuel supplies from global producers to the country in 2024, the company’s press service reported on Facebook. According to its data, if last year the company imported fuel from the United States, Sweden, Poland and Greece, then in 2024 the import of large wholesale … Read more
Latvian airline Air Baltic plans to resume flights to Kyiv, Lviv, and Odesa as soon as Ukraine’s airspace reopens, the airline announced on March 26 after a visit to Kyiv’s Boryspil airport. The skies over Ukraine have been closed to civilian aviation since Russia launched its full-scale invasion on Feb. 24, 2022, meaning that passenger … Read more
Ukrainian VC firm ZAS Ventures has invested in Mantis Analytics, a Ukrainian AI platform. The deal was concluded in December 2023, however, it has been announced on March 26, 2024. The investment amount was $50,000. Mantis Analytics was founded by Maksym Tereshchenko (CEO), Ostap Vykhopen (STO), and Anton Tarasyuk (Director of Expertise). It is a … Read more
PJSC Ukrnafta in February 2024 produced 110,300 tonnes of oil and 92.1 million cubic meters of gas against 110,200 tonnes of oil and 83.2 million cubic meters of gas in February 2023. Thus, gas production in February increased by 10.7% compared to the same month last year. “The company continues to drill new wells, intensify … Read more
Today, Ukraine will import more than 18,600 MWh of electricity, the Ministry of Energy said in its morning report. This is the highest indicator since the beginning of the year. The grid continues to be restored after the biggest blow during the entire war, which occurred on March 22. Yesterday, according to the instructions of … Read more
The volume of Ukraine’s gross external debt during the fourth quarter of 2023 increased by $10.6 billion – to $161.5 billion, in relation to GDP, the debt increased from 89.3% to 90.7%, such estimates were published by the National Bank of Ukraine. According to its data, the growth occurred due to the government, whose external … Read more
The National Bank of Ukraine (NBU) and the Ministry of Justice in March 2024 should prepare a plan to increase the transparency of the real estate market, the updated Memorandum of Economic and Financial Policy of Ukraine on the EFF extended Financing program with the International Monetary Fund (IMF) reads. “The NBU and Ministry of … Read more
The Cabinet of Ministers of Ukraine will adopt a roadmap for the gradual liberalization of gas and electricity markets with a clear plan for its implementation for the period after martial law. “Once the war winds down, the reform agenda in the energy sector will, inter alia, require restoring and enhancing competition in wholesale and … Read more
In March 2024, the State Property Fund of Ukraine should develop amendments to bill No. 7386 on property valuation, as well as present a roadmap for the implementation of international standards on valuation and the creation of a register for the valuation of financial assets, follows from the updated Memorandum of Economic and Financial Policies … Read more
The extent of the damage at Dniprovska Hydroelectric Power Plant (HPP) still requires a thorough examination, but it is now known that it will take years to restore the station. “We already understand that Dniprovska HPP has been out of commission for a long time. We still cannot tell and understand in detail what and … Read more