A program to support industrial parks will be launched in Ukraine this year, Prime Minister Denys Shmyhal has said during a panel discussion dedicated to the anniversary of the “Own Business” grant program. “Literally this year, the program to support industrial parks will start working, the legislation on investment is already in a real format…
President Volodymyr Zelensky has signed a law amending the Tax Code and other laws of Ukraine regarding taxation during martial law, First deputy chairman of the Verkhovna Rada committee on finance, taxation and customs policy Yaroslav Zheleznyak has reported on Telegram. “The President signed the tax bill No. 8401 (adopted by the parliament in the…
The gas infrastructure is more stable and protected than the energy infrastructure, but Ukrainians should still stock up on backup power sources today, rather than waiting for winter. That’s according to the executive chief of the Energy-Efficient Cities of Ukraine Association, Sviatoslav Pavliuk. Ukraine’s gas infrastructure is also vulnerable, but it is more stable than…
Ukrainian defense companies and enterprises have displayed their stands at the IDEF’23 International Defense Industry Fair. President of the Republic of Turkiye Recep Tayyip Erdogan addressed the participants via video link, having welcomed exhibitors and guests from different countries. The IDEF’23 exhibition displays the stands of the National Association of Ukrainian Defense Industries (NAUDI) and…
The Government has allocated a further UAH 3.5 billion from the Fund for Elimination of the Consequences of Armed Aggression to the communities of Kyiv, Zaporizhzhia, Mykolaiv, Odesa, Sumy, Chernihiv, Kharkiv and Kherson regions. This was announced by Prime Minister Denys Shmyhal. According to the Head of Government, the money will be used to rebuild…
Last week, 486 entrepreneurs received loans totalling UAH 1.8 billion under the Government’s Affordable Loans at 5-7-9% programme. Since the beginning of 2023, banks have granted 14,000 loans worth UAH 50 billion to businesses. Since the start of the programme in February 2020, 67,400 loans worth UAH 217.5 billion have been disbursed. Most of the…
Sanctions against Russian nuclear industry can become a real tool and force Russia to return to the negotiating table to agree on the de-occupation of Zaporizhzhia nuclear power plant (ZNPP), Minister of Energy of Ukraine German Galushchenko has stated in a commentary for the American TV channel Newsmax. “The country that started the war and…