Ukraine: EIB mulling issue of EUR 130 million to Ukrenergo for modernization of substations

The European Investment Bank (EIB) is considering the issue of a EUR 130 million to Ukrenergo for modernization of substations, according to the website of the financial institution. The EIB said the project was aimed at improving energy efficiency, reliability of equipment, reducing operating costs. Its implementation will contribute to the integration of Ukraine’s energy…

Ukraine: seaports shipments up in H1 2017

In January-June the Ukrainian seaports processed 66.3 million tons of cargoes, up by 5% YoY, the State Enterprise Ukrainian Sea Ports Authority (USPA) declared. In particular, the export cargoes transshipment in the Ukrainian seaports reached 50.9 million tons (up by 5.4%), and import cargoes – 9.4 million tons (up by 17.6%). Traditionally, the transshipment of…