Ukraine has the potential to become a green energy hub for Europe that will replace Russia’s dirty energy resources. “Ukraine can and, I am sure, will definitely become a green energy hub for Europe. We are capable of replacing dirty Russian energy resources. Ukraine has a huge natural potential for establishing capacities in green energy…
In August, Ukraine’s international reserves increased by 13.6%, to $25.436 billion. “As of September 1, Ukraine’s international reserves amounted to $25,436.0 million according to preliminary data. In August, they increased by 13.6% due to the receipt of a significant amount of international aid amid the country’s moderate debt payments in foreign currency and less NBU’s…
This year, sugar beet processing season for agricultural producers was better than for Gnidava sugar refinery, because when growing a good crop, $2-3 thousand of net profit could be received from each hectare of sugar beets last year, the deputy director of the company Oleksandr Nikishyn said. “Sugar beet is a good crop, its profitability…
Ukrainian Prime Minister Denys Shmyhal expects that Ukraine will receive EUR 5 billion in macro-financial assistance from the EU this week. He discussed with German partners the issue of receiving another EUR 3 billion in support, as well as providing macro-financial assistance to Ukraine next year. The relevant statement was made by Ukrainian Prime Minister…
The European Network of Transmission System Operators (ENTSO-E) has increased the available cross-border capacity for Ukraine’s electricity exports towards the EU to 300 megawatts. Such capacities will be available to Ukrainian exporters during peak consumption hours. The relevant decision was made by the Transmission System Operators (TSOs) of Continental Europe at a meeting of the…
As part of this year’s small-scale privatization, Ukraine aims to privatize at least 150 small state-owned enterprises. According to the Ministry of Economy, the received funds will be directed to the needs of the Armed Forces of Ukraine. Bidding will start from the book value of an asset, and the final price will be determined…
Even if the Zaporizhia NPP is inoperable throughout winter, Ukraine has capacities to go through this heating season without it, Vadym Denysenko, the advisor to the Minister of Internal Affairs, executive chief of the Ukrainian Institute of the Future, has said. “We have to understand: even if the station doesn’t work in winter, we have…