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Category Archives: Ukraine

Ukraine: Energy Minister meets with Norwegian parliamentarians

UkraineBy admin2024-01-26Leave a comment

Minister of Energy of Ukraine German Galushchenko met with the delegation Ambassador Extraordinary and Plenipotentiary of Norway to Ukraine Helene Sand Andresenof the Standing Committee of the Stortinget (Parliament) of Norway on Foreign Affairs and Defense headed by Chairman Ine Eriksen Soreide. The meeting was also attended by Vice Chair Aukrust Asmund, Ambassador Extraordinary and…

Ukraine: Deposit Guarantee Fund selling banks’ assets worth UAH 4.7 billion

UkraineBy admin2024-01-25Leave a comment

The Deposit Guarantee Fund of Ukraine has put up for sale the assets of insolvent banks for a total sum of UAH 4.7 billion. That’s according to the press service of the Deposit Guarantee Fund. “This week (January 22-26), the assets of ten banks being liquidated by the Deposit Guarantee Fund will be sold via…

Ukraine: loses estimated EUR 1.5 billion amid blockade of western borders

UkraineBy admin2024-01-25Leave a comment

In just two months, Ukraine’s economy lost over EUR 1.5 billion due to strikes that blocked truck traffic across checkpoints on Ukraine’s borders with its western neighbors, members of the EU. This was stated by the Deputy Chairman of the All-Ukrainian Agrarian Council, Denys Marchuk. “In general, in November and December 2023, the losses (from…

Ukraine: NBU sells $531 million on interbank market in past week

UkraineBy admin2024-01-24Leave a comment

The National Bank of Ukraine (NBU) sold $531 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 January 15 to 19, the National Bank sold $531 million and purchased $0.1 million on the interbank foreign exchange market. Since the…

Ukraine: MoE going to transform program of affordable loans

UkraineBy admin2024-01-24Leave a comment

The Ministry of Economy plans to transform the program “Affordable Loans 5-7-9%”, so that loans are issued to businesses for investment purposes or to businesses from the de-occupied territories. This was stated by Deputy Minister of Economy of Ukraine Nadiia Bihun. “We are planning to make changes to the “5-7-9″ program to focus it on…

Ukraine: over 7,700 new businesses registered in Chernivtsi region in 2023

UkraineBy admin2024-01-23Leave a comment

More than 7,700 new businesses were registered in the Chernivtsi region last year, up by almost 2,000 YoY. The Chernivtsi Regional Military Administration said this in a Facebook post. “In 2023, 7,748 people launched their own businesses in the Chernivtsi region. Of these, 7,112 were private entrepreneurs and 636 were legal entities. At the same…

Ukraine: nuclear energy development to intensify in 2024

UkraineBy admin2024-01-23Leave a comment

The development of the nuclear industry, decentralization of electricity generation and strengthening the physical protection of energy infrastructure facilities will be the key areas of activity of the Ministry of Energy in 2024. This was announced by the Minister of Energy of Ukraine German Galushchenko. “We have big plans, and I am confident that we…

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