For the first time, Ukraine has successfully navigated the heating season relying solely on its domestically produced natural gas, marking a significant milestone in the country’s energy sector
Tag: Economy
The Summit Ukraine – Southeast Europe, chaired by Ukrainian President Volodymyr Zelenskyy and the head of Albania, is taking place in Tirana on February 28th
On February 28, Ukrainian President Volodymyr Zelenskyy, along with the Albanian head of state, chaired a summit in Tirana, Albania, involving leaders from thirteen Southeast European countries and representatives of the European Union
Finland’s commitment to supporting Ukraine amidst the ongoing conflict with Russia remains unwavering, as confirmed by outgoing President Sauli Niinisto
The European Parliament, in a significant majority vote, has endorsed a resolution to amend the EU’s multi-year budget framework, introducing the Ukraine Facility fund dedicated to supporting Ukraine’s recovery over the next four years
During his address at the “Made in Ukraine” forum, Prime Minister Denys Shmyhal shared that the Ukrainian economy is on a robust path to recovery following the devastating impacts of Russia’s full-scale invasion
Shares of MBP(Myronivski bread product), one of the leading poultry producers, saw a 3.1% increase, equivalent to $0.10, reaching $3.30 per share on the London Stock Exchange from February 19 to 23
The Ukrainian Parliament has passed legislation on lobbying, marking a significant step towards meeting one of the European Commission’s prerequisites for initiating discussions on EU membership for Ukraine
Chuck Schumer, the US Senate Democratic Majority Leader, has made a significant visit to Ukraine on February 23, leading a delegation of Democratic senators
The Ukrainian defense conglomerate Ukroboronprom has signed an intent agreement with the Czech company Česká zbrojovka a.s., a subsidiary of Colt CZ Group SE, for a license transfer that will enable the assembly of NATO-standard rifles, specifically the CZ BREN 2 model, in Ukraine.
Chord Energy and Enerplus have announced a merger, forming a new oil and gas company valued at $11 billion
New Zealand has pledged $25.9 million in assistance to Ukraine, also focusing on creating mechanisms to counteract sanctions evasion against Russia
Canada has committed to supporting the Czech Republic’s initiative by allocating 30 million Canadian dollars (approximately 23 million US dollars) for the procurement of ammunition for Ukraine
In 2023, Ukraine witnessed a record-breaking number of new sole proprietorships (FOPs), with nearly 315,000 registrations
In 2024, Ukraine is set to offer foreign traders up to 10 billion cubic meters of capacity within its underground gas storage facilities (UGS), as announced by Naftogaz
Alain Berset, the former President of Switzerland and a candidate for the head of the Council of Europe, has arrived in Ukraine for an official visit
The Government of Ukraine, in collaboration with the World Bank Group, the European Commission, and the United Nations, released the RDNA3 report, detailing the updated assessment of damages and recovery needs due to Russia’s full-scale invasion
Sweden has committed to providing Ukraine with its largest military aid package to date, valued at approximately $683 million
Japan has announced a significant support package of 1.25 billion euros aimed at backing Japanese investors in Ukraine, unveiled during the conference on economic development and recovery in Tokyo
Over a recent weekend, a record was set as 32 ships navigated out of the Great Odesa port region through the designated sea corridor
Ukraine and Japan have taken significant steps to enhance their economic and environmental partnership through the signing of the Convention on the Elimination of Double Taxation regarding income taxes and the prevention of tax evasion and avoidance, accompanied by a related Protocol
The European Bank for Reconstruction and Development (EBRD), in collaboration with the Italian government, is set to allocate €200 million towards the restoration of hydroelectric power plants in Ukraine, severely impacted by war-induced damages and destruction
The United Kingdom, in collaboration with Latvia, is set to spearhead a Drone Coalition for Ukraine, aiming to boost Kyiv’s UAV capabilities in its defense against russia
The World Bank has revised its estimate for the reconstruction of Ukraine, now projecting nearly $486 billion is needed, as stated by Prime Minister Denys Shmyhal