Russia may target Ukraine’s gas infrastructure to further decrease its gas supplies to Europe. The relevant statement was made by the Naftogaz Board Chairman Yuriy Vitrenko in an interview with The Guardian. In his words, Ukrainians are likely to experience the coldest winter in decades, as indoor temperatures will be set at 17-18 degrees Celsius,…
The Zaporizhzhia nuclear power plant has been reconnected to Ukraine’s power grid and is generating electricity for the country, the press service of the Nuclear Energy Generating Company Energoatom has said in a Telegram post. “On August 26, at 14:04, one of the Zaporizhzhia NPP’s reactors, which was stopped yesterday, was reconnected to the power…
Ukrainian banks have issued 14 loans worth UAH 33.2 million as part of a special lending program for exporters, with 12 more loan agreements yet to be signed, Ukraine’s Export Credit Agency reports. “The ECA’s partner banks as part of a special lending program for exporters during the martial law supported the issuance of 8…
The Ministry of Culture and Information Policy of Ukraine and WPP, the world’s leading marketing communications group, have launched the “Advantage Ukraine” project to attract investments to the Ukrainian economy, with the first results expected already in September, Ukraine’s Minister of Culture and Information Policy Oleksandr Tkachenko has said in a Telegram post. On Independence…
President of Ukraine Volodymyr Zelensky has said it is necessary to expand the existing grain export initiative in the coming weeks. Speaking at a meeting of the UN Security Council via video link, the president emphasized that the Russian Federation had put the world on the brink of an unprecedented famine. In particular, as a…
More than 80% of enterprises have returned to operations in Ukraine, the Prime Minister of Ukraine Denys Shmyhal has said. “Credit, tax and regulatory incentives, along with other point aid, made it possible to sustain our economic front. As a result, more than 80% of enterprises have now returned to work,” the prime minister said.…
Ukrenergo National Power Company expects that the European Network of Transmission System Operators (ENTSO-E) will endorse a decision to increase Ukraine’s electricity export capacities from September 2. The relevant statement was made by Ukrenergo National Power Company Board Chairman Volodymyr Kudrytskyi during a discussion regarding the August economic survey. According to Kudrytskyi, Ukrenergo is planning…