KYIV, Aug 15 - Ukrenergo at the first competitive special auction for the acquisition of services for the provision of a fast frequency containment reserve for 5 years, according to preliminary results, bought out all the necessary 99 MW of capacity in each hour, said head of the company's board Volodymyr Kudrytsky.

KYIV, Aug 15 – Transit of Russian gas through Ukraine remains at the technically maximum possible level.

"Gazprom supplies Russian gas for transit through the territory of Ukraine in the volume confirmed by the Ukrainian side through the Sudzha gas metering station (GIS) – 42.4 million cubic meters as of August 15. The application for the GIS Sokhranivka was rejected," Gazprom reported.

KYIV, Aug 15 – Growth of Ukraine's real gross domestic product (GDP) accelerated to 4.4% in July 2024 from 3.1% in June and 3.5% in May due to a faster harvest than last year, according to the Monthly Economic Monitoring of the Institute for Economic Research and Policy Consulting (IER).

KYIV, Aug 15 - Entrepreneurs of the four strategic regions in which the regional offices of the European Business Association (EBA) are concentrated - Lviv, Odesa, Kharkiv and Dnipro - improved their business ratings compared to 2022 by an average of 0.3 points on a scale of 1 up to 5, but in the positive part of the scale they remain only in the west of the country.

KYIV, Aug 16 - The Polish infrastructure is too small for Ukrainian business and cannot replace the blocking of ports in the Black Sea by the aggressor, Dmytro Nikolayenko, commercial director of Metinvest, said in an interview with the Polish business publication WNP.PL.

KYIV, Aug 16 - Businesses have become less confident in their short-term prospects but have begun to rely more on improving the situation in the long term, these are the results of the 15th monthly survey of the Institute for Economic Research and Policy Consulting (IER).

KYIV, Aug 16 – Due to hot weather, the evening maximum electricity consumption on Tuesday, August 15, increased by 3% compared to Monday, August 14, which is equal to the production volumes of two power units, NPC Ukrenergo reported.

KYIV, Aug 16 – In May-July 2023, DTEK increased electricity production by 26% compared to the same period last year, the energy holding said in a press release on Wednesday.

KYIV, Aug 16 - According to the results of January-June of this year, Metinvest reduced steel production by 57% compared to the same period last year - to 1.032 million tons, according to a press release from the parent company Metinvest B.V. based on the results of the second quarter and the first half of 2023.

KYIV, Aug 16 - The Velta group of companies with assets for the extraction of titanium-containing ores in Novomyrhorod (Kirovohrad region) left the founders of the National Association of Mining Industry of Ukraine and founded the Ukrainian Titanium Industry Association, whose main task will be to create a full cycle of processing titanium raw materials in Ukraine.