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Category Archives: Ukraine

Ukraine: Ukrposhta reports UAH 1.26-billion loss in 2022

UkraineBy admin2023-05-01Leave a comment

Ukraine’s national postal operator Ukrposhta JSC has completed the year 2022 with a UAH 1.258-billion loss, CEO Ihor Smelyansky announced. In 2022, Ukrposhta saw an actual loss of UAH 1,258.1 million, of which UAH 216.9 million was due to lost assets in the temporarily occupied territories of Kherson, Donetsk and Luhansk regions, and UAH 402.1…

Ukraine: PM discusses strengthening country defence capabilities with Italian Minister of Defence

UkraineBy admin2023-05-01Leave a comment

During his working visit to Rome, Prime Minister of Ukraine Denys Shmyhal met with Minister of Defence of the Republic of Italy Guido Crosetto. The parties focused on strengthening military and technical assistance to Ukraine, cooperation in the defence sector and Euro-Atlantic integration. “We are grateful to Italy for supporting Ukraine on its way to…

Ukraine: Centrenergo starts exporting electricity to Moldova

UkraineBy admin2023-04-28Leave a comment

Ukrainian state-owned company Centrenergo, which is managed by the State Property Fund of Ukraine (SPFU), has started exporting electricity for the first time. “On April 26, Centrenergo started exporting electricity for the first time in its history. Moldova became the first foreign buyer,” the SPFU said. Centrenergo noted that exports would allow the company to…

Ukraine: Prozorro.Sale completes wartime corporatisation process

UkraineBy admin2023-04-28Leave a comment

Prozorro.Sale has fully completed the process of corporatisation. From now on, 100% of the shares in the newly created joint-stock company belong to the state, represented by the Ministry of Economy of Ukraine. The newly established joint-stock company Prozorro.Sale is the legal successor to all rights and obligations of the state-owned enterprise Prozorro.Sale. According to…

Ukraine: banks improve expectations on lending prospects

UkraineBy admin2023-04-27Leave a comment

Banks expect the growth of the corporate loan portfolio without its quality deteriorating. This is evidenced by a quarterly survey of banks on lending conditions, the National Bank press service reports. “Banks have improved their expectations regarding lending prospects: the share of respondents expecting an increase in the volume of business lending has returned to…

Ukraine: authorities working on new economic strategy

UkraineBy admin2023-04-27Leave a comment

The Ukrainian authorities are actively working on a new economic strategy for the development of the country. This issue was discussed at a meeting held at the Ukrainian President’s Office. “We are actively working on a new economic strategy of Ukraine. This year is the year when our economic growth begins. We are gradually rebuilding…

Ukraine: Agrofusion resumes plant operation in deoccupied territory of Snihurivka district

UkraineBy admin2023-04-26Leave a comment

Agrofusion resumes operations at its plant in the deoccupied territory of Snihurivka district in Mykolaiv region. “We decided to restore the plant despite the fact that almost everything was stolen and damaged by Russians. Production needs to be restored from scratch. If we don’t start doing this now, it will be cheaper to build a…

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