Ukrenergo will introduce an automated management system (ERP) on the Microsoft Dynamix AX platform, which will support the reform of centralization of management processes in accounting and financial accounting, procurement, investment planning, budgeting, personnel management and other related areas. According to the company, the contract for the implementation of the ERP system worth UAH 29.017…
The Road Fund started working in Ukraine on January 1. About UAH 47 billion will be allocated to Ukrainian roads in 2018. “The automobile roads will for the first time receive the government-guaranteed funding. This year, almost UAH 33 billion will be allocated apart from separate additional financing of a number of key highways in…
Ukraine in January-November increased electricity exports by 34.4% YoY, or by 1.204 billion kWh, to 4.708 billion kWh, the Ministry of Energy and Coal Industry has reported. Energy supplies from the Burshtyn thermal power plant’s energy island towards Hungary, Slovakia and Romania increased by 6.9% (by 183.9 million kWh), to 2.849 billion kWh. Electricity deliveries…
Ukraine is ready to resume purchases of natural gas from Russia if it is cheap and if the signing of respective contracts is transparent, Ukrainian President Petro Poroshenko has said. “What has happened in the past two years? We are energy independent. They (Russia) are knocking: can you take our gas? No, everything is fine…
Coal stocks at Ukrainian thermal power plants (TPP) increased by 0.7% on December 20-27, to 1.773 million tons, according to the Ukrainian Energy and Coal Industry Ministry’s press service. At the same time, anthracite reserves grew by 6%, from 706,000 tons to 664,900 tons, it said. Meanwhile, gas grade coal stocks shrank by 2.6%, from…
Ukraine’s Cabinet of Ministers has approved of the additional capitalization of the state-run Oschadbank (Savings Bank of Ukraine) to the tune of UAH 5.750 billion. According to the cabinet decision, the bank will additionally issue 4,957 shares with the existing face value of UAH 1.16 million. As reported, the National Bank of Ukraine (NBU) on…
Ukrainian exports grew by 20% in 2017, Prime Minister Vladimir Groysman said. “In 2017, total exports grew by almost 20%, they were $35 billion in the nine months. This amount was paid to Ukraine for products created by Ukrainian hands,” he said while opening a Cabinet meeting. In his words, the European Union accounted for…