Politics & Economics

Ukroboronprom corporatizes three more enterprises

Ukroboronprom corporatizes three more enterprises

Three more limited liability companies will be established as part of Ukrainian Defense Industry JSC (Ukroboronprom) under Ukraine’s defense industry reform. That’s according to Ukroboronprom press service, Ukrinform reports. “The Supervisory Board of Ukrainian Defense Industry Joint Stock Company has decided to establish limited liability companies on the basis of three state-owned enterprises,” the statement says. Read also: Capacities of Ukraine’s defense industry already double what budget can cover - Ministry As noted, the state-owned enterprises will finally be transformed into LLCs after the relevant state registration procedure. As reported, as part of corporate governance reform at Ukroboronprom JSC, 42…
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Farmers receive UAH 74.5B in development loans since year-start

Farmers receive UAH 74.5B in development loans since year-start

Since the beginning of 2024, 10,293 Ukrainian agricultural enterprises have received UAH 74.52 billion in development loans, according to Minister of Agrarian Policy and Food Vitaliy Koval. “Since the beginning of the year, 10,283 agricultural enterprises have received UAH 74.52 billion in loans,” the minister wrote on Telegram. The Kyiv region saw the highest level of loan disbursements under various programs, with UAH 18 billion allocated to 991 enterprises. Read also: Kirovohrad region’s farmers obtain over UAH 10M in grants for horticulture, greenhouse production Agrarians in the Dnipropetrovsk region received UAH 5.11 billion for 759 enterprises, Cherkasy region - UAH…
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Minimum unemployment benefit to increase to UAH 3,000 from October 1

Minimum unemployment benefit to increase to UAH 3,000 from October 1

From October 1, the amount of the minimum unemployment benefit will increase by UAH 500 to UAH 3,000. Member of the Verkhovna Rada Committee on Finance, Tax and Customs Policy Nina Yuzhanina reported this on Telegram, Ukrinform saw. "From October 1, 2024, the minimum amount of unemployment benefit will increase by UAH 500 – from UAH 2,500 to UAH 3,000," the post reads. According to Yuzhanina, the decision, adopted at the Board meeting of the Compulsory State Social Insurance Fund of Ukraine, will apply to persons who have at least 7 months of pension insurance record in the last 12 months, as well…
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Ukraine exports 692,000 tons of sugar in 2023/2024

Ukraine exports 692,000 tons of sugar in 2023/2024

According to the results of the 2023/2024 marketing year, Ukraine has exported 691,800 tons of sugar, of which 77% was sent to the EU countries. This is according to the press service of the National Association of Sugar Producers of Ukraine "Ukrtsukor", Ukrinform reports. It is noted that the main importers of Ukrainian sugar to the EU were Italy, whose share in the export of Ukrainian sugar to the EU was 19%, Bulgaria (18%) and Hungary (14%). Read also: Kirovohrad region harvested 2 million tons of late grains and legumes Also, outside the EU, Ukraine exported domestic sugar to Cameroon…
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No power outages scheduled in Ukraine on Monday

No power outages scheduled in Ukraine on Monday

No power outages are scheduled across Ukraine on Monday, September 23. Ukrenergo National Power Company reported this on Telegram, according to Ukrinform. "Measures to limit consumption are not planned tomorrow, on September 23," the post reads. Ukrenergo urged Ukrainians to consume electricity sparingly in the evening hours and not to turn on several powerful electrical appliances at the same time from 16:00 to 22:00. Russian attacks on Ukraine damaged energy facilities in the country's three regions on September 21.
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Ukraine in talks with IAEA to have monitoring mission expanded to power substations

Ukraine in talks with IAEA to have monitoring mission expanded to power substations

Ukraine's Energy Ministry is in contact with the IAEA to make sure international partners and agencies expand nuclear safety monitoring to power substations that Russia might target in its missile and drone strikes.  That’s according to the Deputy Minister of Energy, Mykola Kolisnyk, who spoke on the air of the national telethon, Ukrinform reports. "Actually, we are focused on restoring as much as possible the operation of those energy facilities wherever it is possible to carry out repairs. To this end, we are currently actively interacting with international partners — in order to obtain all the necessary equipment, and for…
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Ukraine reinstates medium-term planning for local budgets

Ukraine reinstates medium-term planning for local budgets

President Volodymyr Zelensky signed off the law on the restoration of medium-term planning in local budgets. That’s according to the parliament’s press service, Ukrinform reports. "The new law sets a mandatory condition for receiving financing from the World Bank," the memo reads. Legislation restores medium-term planning in local budgets (drafting an outlook of local budgets for three coming years). Temporarily occupied territories and active hostility zones shall be exempted from the regulation. Read also: Zelensky signs into law bill increasing state budget by UAH 500B In addition, the law envisages the expansion of areas where the remaining funds of the…
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Italy to support Ukraine’s energy industry in winter period – energy ministry

Italy to support Ukraine’s energy industry in winter period – energy ministry

Italy will provide financial assistance to support the Ukrainian energy industry during the heating period. Ukraine's Deputy Energy Minister Roman Andarak discussed the issue of cooperation with Head of the Office of the Italian Agency for Development Cooperation (AICS) Pietro Pipi and Consul of the Italian Embassy in Ukraine Stefano Moser, the Ukrainian Energy Ministry said. During the meeting, the parties discussed areas of cooperation to strengthen the resilience of the Ukrainian energy system in the face of Russian attacks. This is of particular importance for the next heating season. The Italian side said it was making maximum efforts to…
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Russia steals over UAH 30 billion worth of Ukrainian grain

Russia steals over UAH 30 billion worth of Ukrainian grain

The Prosecutor General's Office (PGO) stated that losses due to Russia's appropriation of Ukrainian grain amount to over UAH 30 billion, but these data are not final. This is according to PGO’s post on Telegram, seen by Ukrinform. "In fact, Russia is blackmailing the international community with the real possibility of creating famine for other countries. As a result of the attacks on Ukraine’s grain and port infrastructure, a number of countries in Africa and Asia, which depended on Ukrainian grain, found themselves in a challenging situation. Ukraine was considered and is still one of the key suppliers of the…
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