Ukraine’s banking system has successfully completed the second stage of transition to a new three-tier capital structure in line with EU requirements. As of January 1, banks’ capital was sufficient to cover all key risks. This was reported by the National Bank. “Ukraine’s banking system has successfully completed the second stage of transition to a…
The Ukrainian parliament has approved the purchase of two Russian nuclear reactors originally intended for the Belene Nuclear Power Plant (NPP) in Bulgaria. This decision came after a vote by the energy committee on January 16, which passed an amendment to a law aimed at improving the country’s business climate. The amendment specifically authorizes the…
Gas Transmission System Operator of Ukraine LLC (GTSOU) and several key organizations and companies have signed a Memorandum of Understanding to establish and support the implementation of the Ukraine-EU Hydrogen Corridor. The relevant statement was made by the company’s press service. “The signing took place with representatives from Gas TSO of Ukraine, Stadtwerke Munchen, Wien…
In January-November 2024 Ukraine exported $38.4 billion worth of goods, up by 16.5% YoY. At the same time, the import of Ukrainian goods increased by 11%, to $63.7 billion. The relevant data were published by the Ukrainian State Statistics Service. The negative foreign trade balance was $25.2 billion. In January-November 2023 it was also negative,…
The Ministry of Economy has updated its catalogue of industrial parks, a tool for finding locations with infrastructure, favourable conditions and business opportunities. This catalogue will help companies find partners, locate their production facilities and attract new investment. The catalogue contains all the information needed to choose the best location for business: – Specialisation of…
Germany will continue creating joint ventures with Ukraine in the defense industry, including in the field of drone production, but not missiles. This was stated by German Defense Minister Boris Pistorius at a press conference in Kyiv on January 14. “We will continue to invest in the Ukrainian defense industry,” Pistorius said, recalling that this…
On January 14 the twelfth meeting of the Steering Committee of the Ukraine Donor Platform, established to coordinate international assistance and address the immediate needs and long-term recovery of Ukraine, took place. During the meeting, the partners discussed the Platform’s priorities – mobilising resources for external budget support for Ukraine in 2026 and Ukraine’s recovery…