KYIV, May 17 – The Cabinet of Ministers has allocated UAH 1.5 billion for the restoration of the Zmiyivska Thermal Power Plant (TPP) in Kharkiv region and the Trypilska Thermal Power Plant in Kyiv region, Prime Minister Denys Shmyhal said.

KYIV, May 17 – Restrictions on energy supply to the population and industry, which recently began as a result of shelling by the Russian occupiers of the energy system in March-May, may continue throughout the summer with improvement in early autumn and will continue in the winter, Advisor to the Prime Minister of Ukraine, member of the supervisory board of NPC Ukrenergo Yuriy Boiko says.

KYIV, May 17 – The pre-war capitalization of the industrial assets of the SCM group, destroyed and damaged due to the military aggression of the Russian Federation, exceeded $20 billion, businessman Rinat Akhmetov said in an interview with the Italian RAI TV channel.

KYIV, May 18 – DTEK Energy has completed the process of restructuring its loan portfolio, which provides for the conversion of the current issue of Eurobonds and the principal amount of bank debt in the amount of over $2 billion into new Eurobonds, the company reported.

KYIV, May 17 – The reform on the division of Ukrzaliznytsia into cargo and passenger directions and its unbundling has now been completed by about a quarter and it will take at least another two to three years to end, acting Head of the company's board Ivan Yuryk has said.

KYIV, May 17 – The operator of underground gas storage (UGS) facilities of Ukraine will re-equip five gas turbine engines for Bilche-Volytsko-Uherske UGS facility by the end of 2021, the total cost of the project exceeds UAH 80 million, JSC Ukrtransgaz said on its website on Monday.

KYIV, May 17 – Ukraine and the International Monetary Fund (IMF) may reach an accommodation at the staff level agreement (SLA) in the next few weeks, Deputy Governor of the National Bank of Ukraine (NBU) Yuriy Heletiy said.

KYIV, May 18 – Ukrainian enterprises in January-April this year increased their consumption of rolled metal by 7.79% compared to the same period last year - up to 1.4 million tons.

KYIV, May 18 – On May 31, Ukraine will make the first payment on Value Recovery Instruments (VRI) issued as part of the restructuring of Ukraine's public debt in 2015, which will amount to $40.7 million, according to a message posted on the Irish Stock Exchange.

KYIV, May 19 – Business expectations have improved among Ukrainian businesses across the board in April as the country has been emerging from COVID-19 pandemic with the government gradually lifting lockdown orders.