The repair crews of Ukrenergo National Power Company are trying to restore a backup line supplying electricity to Zaporizhzhia Nuclear Power Plant (NPP), but their efforts are complicated by continuous Russian attacks. The relevant statement was made by Ukrenergo National Power Company on Facebook. “Repair works at an overhead high-voltage power transmission line, which served…
The leaders of Minnesota and Ukraine’s Chernihiv region signed a Memorandum of Understanding on agricultural cooperation to increase opportunities for reconstruction and economic recovery in the Ukrainian region. The signing ceremony took place on February 20 at the Embassy of Ukraine in the United States. “Despite all the trials of war, we are working to…
As part of support for micro, small and medium-sized enterprises in Ukraine, 33,199 loans totalling UAH 105.4 billion have been granted under the portfolio-based state guarantee instrument since December 2020. As of February 1, 29 lending banks were servicing 19,080 loans worth UAH 67.2 billion. The principal obligations, which were partially secured by state guarantees…
Prime Minister Denys Shmyhal discussed the implementation of agreements between Ukraine and Japan with representatives of Japanese businesses. The Prime Minister said this in a post on Facebook. According to Shmyhal, Ukraine and Japan are beginning a new chapter in their relationship. This was demonstrated by the outcomes of the Conference for Promotion of Economic…
The National Bank of Ukraine (NBU) sold $322.6 million on the interbank foreign exchange market over the past week. These are the results of currency interventions published on the central bank’s website. From February 12 to 16, the National Bank sold $322.6 million and purchased $0.3 million on the interbank foreign exchange market. Since the…
The Supervisory Board of Ukrainian Defense Industry JSC (Ukroboronprom) has endorsed a decision to transform a total of 33 state-owned defense industry enterprises into economic entities. The relevant statement was made by the company’s press service on Telegram. “In February, five more strategic state-owned enterprises, which are part of the company, were converted into economic…
JSC Ukrainian Defense Industry signed a memorandum of cooperation with the leading German company Dynamit Nobel Defense, the press service of Ukroboronprom said in a post on Telegram. “Ukroboronprom continues to expand the geography of international partnerships with leading global companies. On February 17, the company signed a memorandum with one of the leaders of…