Ukraine’s national power grid operator Ukrenergo currently has no plans to introduce scheduled hourly power outages for households. The company’s CEO, Vitalii Zaichenko, said that the ongoing emergency power cuts were the result of Russian attacks on Ukraine’s energy system and insufficient electricity imports from Europe due to high market prices there. “At the moment,…
Ukrainian Prime Minister Yulia Svyrydenko and her Government team met with John Jovanovic, President of the U.S. Export-Import Bank, in Washington, D.C. “We continued developing our business cooperation track with the United States during a meeting with the newly appointed President of the U.S. EXIM Bank, John Jovanovic. I appreciate his attention to Ukraine. It…
Over the first year of the Land Bank project, farmers paid UAH 1.19 billion including VAT for the use of state-owned agricultural land. Through open online auctions in the Prozorro.Sale system, 62,194 hectares – previously in the shadow economy – were transferred into lawful use. “The Land Bank is an example of how transparent and…
The Cabinet of Ministers of Ukraine has set new gas prices for electricity generation, effective through March 31, 2026. The changes are outlined in government resolution No. 1306 dated October 10. Under the new pricing structure, combined heat and power plants (CHPPs) operating in a cogeneration cycle will pay UAH 21,000 per 1,000 cubic meters…
The Ministry of Economy, Environment, and Agriculture of Ukraine has approved 30 new applications for the total amount of UAH 168.7 million under the Grants for Processing Enterprises program. Funding is provided on a co-financing basis-the state compensates up to 80% of the project cost, with the entrepreneur investing the rest. The program is implemented…
On October 10, the Cabinet of Ministers of Ukraine adopted a resolution “On Amendments to the Procedure for Providing Financial State Support to Business Entities,” which expanded the scope of the state program “Affordable Loans at 5-7-9%.” The decision will allow entrepreneurs from frontline regions to access financing and refinance existing loans on preferential terms.…
Minister of Defence of Ukraine Denys Shmyhal held a meeting in Kyiv with Her Excellency Reem bint Ebrahim Al Hashimy, Minister of State for International Cooperation of the United Arab Emirates. The Minister of Defence of Ukraine expressed gratitude for the significant humanitarian efforts of the United Arab Emirates. “I would like to highlight the…