South Korea will provide 520 billion won ($394 million) in financial assistance to Ukraine in 2024. The aid package includes 130 billion won for reconstruction, 260 billion in humanitarian aid and another 130 billion won through international organisations, according to South Korea’s 2024 budget. In July, President Yoon Suk Yeol announced his country would provide…
This year’s heating season will not be easy due to a possible renewal of Russian attacks on Ukraine’s civilian energy infrastructure. However, Ukraine is preparing for all possible scenarios, Naftogaz CEO Oleksiy Chernyshov has said. “We are sure the enemy will seek to deprive Ukrainians of access to essential services including public utilities such as…
Centernergo PJSC intends to import coal for the autumn-winter period of 2023-2024, CEO Andriy Churkin has said. “We will not be able to get through this winter solely on our own coal. And in the near future, Centernergo plans to conclude contracts with foreign companies. Some work has already been done, and I think that…
The National Bank of Ukraine (NBU) sold $590.15 million on the interbank foreign exchange market over the past week. The relevant data were posted on the NBU’s website. In particular, between August 21 and August 25, the NBU sold $590.15 million on the interbank foreign exchange market and acquired $1.04 million. The net sale of…
President Volodymyr Zelensky has announced the signing of a memorandum with a number of major companies on their work in Crimea after the de-occupation of the peninsula. He said this during a press conference on the sidelines of the Crimean Platform summit. “Today we will sign a memorandum with a dozen, maybe even more, serious…
The Verkhovna Rada of Ukraine has ratified amendments to the Agreement between the Government of Ukraine and the Government of the Republic of Moldova on the operation of railway transport. The adopted amendments will allow transit traffic on the section Etulia (Moldova) – Reni (Ukraine) – Giurgiulesti (Moldova), without a three-day stop in Reni. This…
In Kharkiv region on August 24, power engineers repaired the damage to the grid caused by hostile shelling and reconnected more than 11,000 customers in the city of Vovchansk and the surrounding areas. Restoration work was carried out in the mined area with the support of demining teams. In Sumy and Chernihiv regions, 14 settlements…