Category: 9. Business
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Ukraine and Russia will continue to transport fuel despite the fighting in the Kursk region.
The application for the transit of Russian gas through the territory of Ukraine on Tuesday increased by 7% compared to the nomination on August 12. The volume of the confirmed nomination through the Sudzha gas measuring station is 42.4 million cubic meters, which corresponds to traditional… Continue Reading
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The EU grants Ukraine €4.2B under the Ukraine Facility, and the budget will receive almost the same amount by the end of the year.
Ukraine received €4.2B for implementing nine indicators in the second quarter of 2024, which were provided by the Plan of Ukraine within the framework of the Ukraine Facility. The tranche consists of €2.7B in preferential credit financing and a grant of €1.5B. The funds will be used for… Continue Reading
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Ukraine will hold pilot green auctions to attract investors to renewable generation.
The Cabinet of Ministers instructed the Ministry of Energy to ensure the organization and conduct of a green auction pilot program to attract investors to renewable generation. “The government has adopted a document implementing the practice of pilot auctions for the distribution of support… Continue Reading
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The EBRD invests $5M in a tree health monitoring company to open a subsidiary in Ukraine.
The EBRD invested $5M in shares of Israeli company SeeTree, which specializes in developing software for monitoring the health and productivity of trees. The investment is aimed at creating a subsidiary company in Ukraine. The EBRD invested $16M in preferred series C shares within the framework… Continue Reading
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The volume of foreign exchange earnings by exporters increased by 16%, but up to $8B still must be returned to Ukraine.
According to the NBU, the amount of export earnings received in Ukraine for January-June 2024 exceeded the result for the same period in 2023 by 15.9%, or $3.3B, while the amount of unreturned foreign exchange earnings remained at the previous level of $7-8B. “Therefore, the practically… Continue Reading
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Ukrainians are building up hryvnia savings in bank accounts.
In July, the amount of funds in household hryvnia accounts temporarily decreased, but at the beginning of August, they recovered and continued to grow without affecting the banking system’s financial stability or liquidity, the NBU said. As of August 9, the volume of hryvnia balances in… Continue Reading
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The share of renewable energy in Ukraine will increase to 27% by 2030, these projects will require $20B in investments.
The Cabinet of Ministers approved the National Renewable Energy Action Plan for the period up to 2030 and the planned measures for its implementation. It is anticipated that the share of renewable energy sources in the gross final energy consumption in 2030 will be 27%, namely: heating and… Continue Reading
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A large chain of supermarkets has invested more than ₴70M in energy efficiency and seeks $15M more for its further plans.
Top manager of the Novus network, Dainius Tumėnas, said that Novus has already invested more than ₴70M in its energy efficiency program. Diesel generators are installed at 98% of facilities. One of the supermarkets in the Kyiv region is equipped with a solar energy system (SES), which… Continue Reading
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A large chain of supermarkets has invested more than ₴70M and seeks $15M more for its further plans.
Top manager of the Novus network, Dainius Tumenas, said that Novus has already invested more than ₴70M in its energy efficiency program. Diesel generators are installed at 98% of facilities. One of the supermarkets in the Kyiv region is equipped with a solar energy system (SES), which… Continue Reading
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The first results of the military offensive in the Kursk region begin to appear.
The military success of the incursion undertaken by the Armed Forces of Ukraine in the Kursk region remains in question. Russia is withdrawing its units from other areas of the front at a slower pace than the Ukrainian command would like. “The minimum goal is to withdraw Russian troops from… Continue Reading