The European Network of Transmission System Operators (ENTSO-E) has increased the available cross-border capacity for Ukraine’s electricity exports towards the EU to 300 megawatts. Such capacities will be available to Ukrainian exporters during peak consumption hours. The relevant decision was made by the Transmission System Operators (TSOs) of Continental Europe at a meeting of the…
As part of this year’s small-scale privatization, Ukraine aims to privatize at least 150 small state-owned enterprises. According to the Ministry of Economy, the received funds will be directed to the needs of the Armed Forces of Ukraine. Bidding will start from the book value of an asset, and the final price will be determined…
Even if the Zaporizhia NPP is inoperable throughout winter, Ukraine has capacities to go through this heating season without it, Vadym Denysenko, the advisor to the Minister of Internal Affairs, executive chief of the Ukrainian Institute of the Future, has said. “We have to understand: even if the station doesn’t work in winter, we have…
As of August 1, the share of non-performing loans (NPLs) in Ukraine’s banking sector increased to 30%. The relevant statement was made by the National Bank of Ukraine (NBU) on Telegram. According to the NBU, the amount of NPLs rose by UAH 24.2 billion in July. (Ukrinform/Business World Magazine)
North Macedonia has become the first Energy Community Contracting Party to donate emergency energy equipment to Ukraine. “Six electricity transformers given in-kind by the distribution system operator Elektrodistribucija DOOEL, a daughter company of EVN North Macedonia, were delivered to Ukraine,” reads the press release of the Energy Community. “We are grateful to North Macedonia and…
As of late August, Ukraine has accumulated 2 million tons of coal and 13 billion cubic meters of natural gas. The relevant statement was made by Ukrainian Prime Minister Denys Shmyhal at a meeting of the Ukrainian government. According to Shmyhal, the energy sector issues and preparations for the heating season are the top priority…
The international partners have provided Ukraine with $17.5 billion since the start of Russia’s full-scale invasion. “In total, our international partners have provided Ukraine with $17.5 billion since the beginning of Russia’s full-scale invasion. We are grateful to everyone for this assistance, which allows us to ensure the economic stability of our state. At the…