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Ukrenergo importing power from Europe in emergency amid shortages

KYIV, April 25 – On April 25, the dispatch center of NPC Ukrenergo was forced to attract emergency assistance for most of the day from the power systems of European countries for the fourth day in a row.


NBU improves 2024 consumer inflation forecast to 8.2% from 8.6%

KYIV, April 25 – The National Bank of Ukraine (NBU) has improved its inflation forecast for 2024 from 8.6% to 8.2% and worsened it for 2025 from 5.8% to 6%.


Ukraine’s 2024 growth forecast lowered to 3% from 3.6%: NBU

KYIV, April 25 – The National Bank of Ukraine (NBU) has downgraded its forecast for the growth of the country's gross domestic product in 2024 to 3% from 3.6% in the January forecast, which is associated with restrained budget expenditures in conditions of uncertainty regarding the receipt of external financing in the first quarter and the blockade of the western border, as well as enemy attacks on energy infrastructure.


NBU cuts key policy rate to 13.5% from 14.5% amid slowing inflation

KYIV, April 25 – The Board of the National Bank has decided to reduce the discount rate from 14.5% to 13.5% annually starting from April 26, 2024, announced the governor of the NBU, Andriy Pyshnyy, at a briefing in Kyiv on Thursday. This decision comes as most bankers surveyed by the agency expected it to be lowered to 14%.


Ukraine’s Asset Recovery and Management Agency selects manager

KYIV, April 25 – The Asset Recovery and Management Agency (ARMA) is preparing to announce a competition for selection of a manager of the assets of Karpatnaftochim LLC transferred to it in October 2022, but draws attention to the identified problems with these assets.


Naftogaz registers on EU’s joint gas purchase platform

KYIV, April 25 – Naftogaz Ukrayiny has registered on the Aggregate EU joint gas purchase platform, which started working on Tuesday, the company's press service reported.


Yermak-McFaul group suggest banning direct Russian gas exports to Europe

KYIV, April 25 – The Yermak-McFaul International Working Group on Sanctions against Russia proposes to stop direct supplies of Russian gas to the European Union (EU), with the exception of transit through Ukraine, create a gas storage buffer in Ukraine and impose full sanctions against Russian oil and gas companies.


Ukrainian banks expect lending to jump within next 12 months: NBU survey

KYIV, April 22 - The number of banks expecting an increase in the volume of their loan portfolio over the next 12 months amounted to 78% for the corporate segment and 82% for lending to the population, according to the results of a survey conducted by the National Bank of Ukraine (NBU) on the conditions of bank lending.


Ukraine mulls stimulating production of lithium, cobalt, nickel for batteries

KYIV, April 23 – Ukrainian Parliament will consider a bill that is aimed at stimulating production of lithium, cobalt, nickel for batteries, according to several lawmakers. The bill No. 5390 has been registered in the legislature.


Kyiv City Council approves EBRD’s EUR140-mln loan for energy measures

KYIV, April 22 - Kyiv City Council has approved raising a loan from the European Bank for Reconstruction and Development (EBRD) in the amount of up to EUR140 million for up to 13 years for the development of the capital's thermal infrastructure, the press service of Kyivteploenergo has reported.


    Archive of Business
Currencies (in hryvnias)
  27.09.2024 prev
USD 41.21 41.26
RUR 0.444 0.446
EUR 45.96 46.20

Stock Market
  26.09.2024 prev
PFTS 507.0 507.0
source: PFTS

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