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UJ Week
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     Business    

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Ukraine accelerates grain exports via Black Sea reducing pressure on EU

KYIV, Jan 25 – Over the past three months, there has been positive dynamics in increasing export transportation of agricultural products across the Black Sea, which has helped Ukraine reduce pressure and reduce grain exports to the European Union, Minister of Agrarian Policy and Food Mykola Solsky said in a comment to the Interfax-Ukraine agency on Thursday.


Ukraine’s economy likely expanded 4.9% on year in 2023, NBU estimates

KYIV, Jan 25 – The National Bank of Ukraine (NBU) has improved its estimate of real gross domestic product (GDP) growth in 2023 from 4.9% in the October forecast to 5.7%, maintaining growth expectations in 2024 at 3.6% and worsening the forecast for 2025 by 0.2 percentage points (pp) to 5.8%, the regulator said in a press release on Thursday.


Ovostar Union cuts production of chicken eggs 9% to 1.55-bln in 2022

KYIV, Jan 25 – Agricultural and industrial group of companies Ovostar Union, one of the leading producers of eggs and egg products in Ukraine, in 2022 reduced the production of chicken shell eggs by 9% compared to 2021, to 1.55 billion eggs, and sales by 6%, to 1.08 billion units.


Ukrtransgaz gas storage operator plans to upgrade 30 wells in 2023

KYIV, Jan 25 – The Ukrainian gas storage operator, Ukrtransgaz, has planned to overhaul ten wells, as well as intensify another 20 wells at one of the western Ukrainian underground gas storage facilities (UGS) in 2023.


Turkey’s Karpowership plans sending 500-MW power plant ship to Ukraine

KYIV, Jan 26 – State-owned energy trader Energy Company of Ukraine (ECU) and the Turkish company Karpowership, together with national and international organizations, plan to develop a project to finance and launch 500 MW of electric power from floating power plants for Ukraine.


Borscht cost doubles in Ukraine as food inflation accelerates

KYIV, Jan 26 – Rising food prices are recorded in Ukraine, including the cost of a standard set of vegetables for cooking borscht, a Ukrainian beet soup, in January 2022 more than doubled the figure for January last year, according to a Tuesday posting on the website of the national scientific center Institute of Agrarian Economics (IAE).


Hydrogen likely to be widely used in Ukraine in 10 years, RGC believes

KYIV, Jan 25 – Hydrogen can be widely used in Ukraine in 7-10 years, mainly within the framework of production clusters, Oleh Nykonorov, director of Regional Gas Company (RGC), believes.


UFuture’s Khmelnitsky doesn’t plan leaving Ukraine amid Russia threat

KYIV, Jan 25 – The owner of the UFuture group, businessman Vasyl Khmelnitsky, has said that he and his family have no plans to leave Ukraine and go abroad, and expressed confidence that there will be no full-scale war and its threats are not justified.


Deutsche Bahn to advise UkrZaliznytsia before managing assets

KYIV, Jan 23 – The Infrastructure Ministry at present is attracting managers of Deutsche Bahn (DB) for cooperation and development of Ukrzaliznytsia as advisors with a possibility of changing their status later, Infrastructure Minister Vladyslav Krykliy has said.


Coal miner DTEK pledges to be emission neutral by 2040

DAVOS, Jan 23 – DTEK Energy Holding plans by 2040 to achieve a neutral level of emissions, Maksym Tymchenko, the group's director general, has told Interfax-Ukraine on the sidelines of the Ukrainian Breakfast in Davos organized by the Victor Pinchuk Foundation, WNISEF and Horizon Capital.


    Archive of Business
Currencies (in hryvnias)
  21.03.2025 prev
USD 41.54 41.57
RUR 0.489 0.497
EUR 45.00 45.32

Stock Market
  20.03.2025 prev
PFTS 507.0 507.0
source: PFTS

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