Business

Ukrainian assets and hryvnia are falling sharply amid ongoing Russian aggression: what are the consequences? For the second day in a row, Ukraine’s Eurobonds are falling sharply in price due to the risk of a full-scale invasion of Ukraine after unsuccessful US-NATO talks with Russia. What about Eurobonds? Quotations for Ukraine’s Eurobonds on the market continued to fall on January […]

The Antonov State Enterprise demonstrated the An-178-100R military transport aircraft designed for flight certification tests. This was reported by the Defense Ministry of Ukraine news agency. An-178-100R was created on the basis of modern world information technologies. It is equipped with hundreds of electronic computers allowing for integration of all systems and sensors of the aircraft, automation of monitoring their performance and […]

“UKRHYDROENERGO” has commissioned the fourth hydro unit of the Dnister Pumped Storage Hydroelectric Power Plant with a capacity of 324 MW. This was reported by the company’s press service. The total installed capacity of the Dniester PSP reached 1,296 MW in turbine mode, and 1,684 MW – in pump mode. The plant will consist of seven hydro units with a total capacity of 2,268 […]

The Security Service of Ukraine (SBU) blocks smuggling of one of the world’s most expensive metals for $ 2 million. This was reported by the SBU press center. Special services in the Kherson region found that two Ukrainians tried to smuggle osmium to one of the neighboring countries.  Law enforcers exposed the offenders during a customs inspection at the Kuchurhan-Pervomaisk […]

Ukraine reduced natural gas reserves in its underground storage facilities by 18.5%, or 15.24 million cubic meters from October 2 to December 12, 2021. This is evidenced by the data of the gas storage operator JSC “Ukrtransgaz.” According to Ukrtransgaz, the volume of gas in Ukraine’s underground storage facilities decreased by 687.2 million cubic meters in October (average daily gas offtake – […]

In 2022, Ukraine plans to launch a fund of funds that will support other investment funds. UAH 300 million (or USD 111 million) to be allocated. The expenditures for this project are provided in the 2022 budget, which was supported by the parliament on December 2, 2021. In its turn, the state counts on budget revenues from its activities. AIN.UA asked […]

Ukraine’s shipbuilding companies have signed a contract with French partners to build five ships for the State Border Guard Service in Mykolayiv. According to Deputy Interior Minister  Serhiy Honcharov, “Within the framework of this project, it was important for Ukraine to localize and involve Ukrainian companies in production. As a result of the agreement, we will be able not only to create […]

Motor Sich (Zaporizhzhia) will produce a passenger helicopter for 8 people made of European composite materials.  This was said by Vyacheslav Boguslaev, head of Motor Sich JSC  during the forum “Big Construction: Aviation and Tourism”, which took place at the Borispol airport.   “We have built a production line for 60 helicopters a year. Now we are building 20 helicopters. If there are […]

The State Property Fund (SPFU) has announced demonopolization of Ukraine’s alcohol industry. According to the SPF press service, 30 alcohol companies have been privatized for more than 1.7 billion hryvnias since October 2020 at the auctions. It is noted that UAH 1.05 billion has already been paid by investors to the state budget, and another UAH 37 million – received […]

According to the results of the 2019-2020 marketing year, Ukraine is the second exporter in the world after the United States in total exports of all grain crops. This was stated by Taras Kachka, Deputy Minister of Economic Development, Trade and Agriculture, and trade representative during the 52nd session of the International Grain Council, the press service of the Ministry of […]

Russia’s gas monopoly Gazprom refused to book additional transit capacity of 12 million cubic meters a day through Ukraine Gas Transport System (GTS) for November. This is evidenced by GSA platform data, according to Espresso. According to the data, the Ukrainian Gas Transport System Operator distributed the proposed capacity along two routes: 9.8 million cubic meters per day were offered […]

Zaporizhzhia Titanium and Magnesium Plant was returned to state ownership. Previously it was owned by Ukraine oligarch Dmytro Firtash. The Commercial Court of Zaporizhzhia region upheld the claim of the Specialized Anti-Corruption Prosecutor’s Office in the interests of the state against Tolexis Trading Limited (Firtash’s Cyprus offshore company) and LLC Zaporizhzhia Titanium and Magnesium Plant to return the plant to […]