ENTSO-E announces successful completion of power systems synchronisation project with Ukraine

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Synchronisation of the Ukrainian and European energy systems has been successfully completed, the European Network of Transmission System Operators for Electricity (ENTSO-E) reported. “The Continental European TSOs are pleased to announce that Ukrenergo, the Ukrainian TSO, has achieved compliance with the key technical requirements necessary to enable a permanent interconnection between the power systems of … Read more

JKX says Kolomoisky loses control in company

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Oil and gas company JKX Oil&Gas LTD with assets in Ukraine notified that Ihor Kolomoisky has lost control in the company. “JKX has received confirmation from the Registrar of Corporate Affairs in the British Virgin Islands (BVI) that Eclairs Group Limited (EGL), having BVI company number 1753610, was struck off the register on November 1, … Read more

Ukrainian programming school GoIT attracted investment from Horizon Capital

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Horizon Capital, a US private equity firm, has announced the investment into GoIT, a Ukrainian-founded EdTech platform. This transaction marks the second investment from Horizon Capital’s latest fund, HCGF IV. The amount of investment was not disclosed, but it marks the second investment from Horizon Capital’s latest fund, Horizon Capital Growth Fund IV (HCGF IV), … Read more

Rada allows one-time sale of frozen Russian, Belarusian rubles until 2025

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The Verkhovna Rada has authorized, until December 31, 2024, one-time sales of Russian and Belarusian rubles in non-cash form from accounts in resident banks that were frozen with the onset of full-scale aggression, through non-Russian and non-sanctioned banks. Some 242 MPs voted for corresponding amendment No. 62 to law on improving state regulation of financial … Read more

Slovakia-Ukraine border open again after Slovak carriers lift blockade of border checkpoint

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The Slovakia–Ukraine border is now unblocked, Viktoriya Sengetovska, the spoksperson Zakarpattiya Customs in western Ukraine, told Ukrainian news agency Ukrinform on Nov. 22. There are about 400 trucks waiting in line to enter Ukraine from the Slovak side. Vehicles are crossing the border normally, Sengetovska said. “The Uzhhorod–Vyšné Nemecké checkpoint was unblocked at 12.00 midnight … Read more

Harper’s Bazaar and Cosmopolitan brands to resume operations in Ukraine

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DP Media has secured licensing rights, granted by Hearst Magazines, to publish Harper’s Bazaar and Cosmopolitan magazines, manage the websites harpersbazaar.com.ua and cosmo.com.ua, and oversee social media, the company’s press service has reported. The harpersbazaar website is set to resume operations wiinthin December of this year under the leadership of editor-in-chief Kateryna Popova. The cosmo.com.ua … Read more

Ukraine setting record for soybean exports, it could reach 560,000 tonnes per month – analysts

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Ukraine has already exported 425,000 tonnes of soybeans in 20 days of November. If exports this month reach 560,000 tonnes, this will be an absolute record for all of the years of Ukraine’s independence, according to a weekly briefing on November 22 at the Pusk analytical cooperative, created within the framework of the Ukrainian Agrarian … Read more

One day of downtime at Ukrainian-Polish BCPs costs exporting companies UAH 1 mln – EBA

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One day of downtime due to a strike of Polish carriers at Ukrainian-Polish border crossing points (BCPs) costs an exporting company UAH 1 million, the European Business Association (EBA) reported based on the results of an express survey of 55 participating companies. According to the study, the total estimated amount of damage caused to the … Read more

Slovakia hesitant to lift ban on Ukrainian grain imports

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Bratislava awaits proposals from the European Commission on a systematic solution to Ukrainian grain import issues, Slovakian Agriculture Minister Richard Takach said on Nov. 21. Slovakia’s unilateral ban on Ukrainian grain imports will remain in place until Brussels offers a systematic solution to the influx of Ukrainian agricultural products in Europe, Takach said during a … Read more