KYIV, Nov 17 – Ukraine needs to implement a number of projects in the next five or 10 years to increase the capacity and flexibility of the energy system, the volume of investments in which will be about $15 billion, Board Chairman of Ukrenergo Volodymyr Kudrytsky has said.

KYIV, Nov 17 – The Cabinet of Ministers approved raising a grant in the amount of $260 million, a loan from the World Bank worth $1.1 billion and from the European Investment Bank in the amount of EUR 162 million for reconstruction programs, Prime Minister Denys Shmyhal said.

KYIV, Nov 17 – The share of respondents who consider it necessary to develop a network of strategic universal transport hubs in the western regions of Ukraine, which can act as a capacity reserve, decreased over the year from 79% to 70%, according to the results of the "Infrastructure Index 2023" study conducted by the European Business Association (EBA).

KYIV, Nov 17 – Subject to the full operation of the sea corridor, more than 50% of export shipments in 2024 will be carried out by sea, Deputy Minister of Communities, Territories and Infrastructure Development Yuriy Vaskov said at the Infrastructure Day 2023, organized by the European Business Association in Kyiv on Friday.

KYIV, Nov 20 – The growth of real gross domestic product (GDP) of Ukraine compared to the same period last year in October slowed to 6.5% from 11.1% in September, primarily due to the lower contribution of agriculture due to a higher statistical base in October last year, according to the Institute for Economic Research and Policy Consulting (IER).

KYIV, Nov 18 – Metinvest mining and metallurgical group wants to receive compensation from the Russian Federation for enterprises destroyed as a result of the war and reinvest it to the development of Ukrainian assets.

KYIV, Nov 18 – Russian full-scale armed aggression for 23% of Ukrainian businesses resulted in a decrease in income by 25% to 50%, for another 35% it fell by half or more, while 11% lost it altogether, these are the results of a Gradus Research poll.

KYIV, Nov 18 – Massive Russian missile strikes on the Ukrainian energy infrastructure, which began in October, accelerated downward pressure on the economy, which is now expected to contract faster, ICU investment company reported.

KYIV, Nov 19 – The opening of the land market would allow Ukraine to speed up economic growth by 0.5-1.5% of GDP a year in the next five years, Lead Economist and Program Leader covering Belarus, Moldova and Ukraine Faruk Khan has said.

KYIV, Nov 20 - The supervisory board of Kyiv-based state bank Ukreximbank has announced a competition to select a candidate for the position of board chairman and hired international recruitment company Odgers Berndtson, the Finance Ministry of Ukraine reported.