infrastructureUkraine

Wednesday, October 23

Ukraine and France sign a €200M grant agreement to support Ukrainian infrastructure and the economy.

Ukraine and France sign a €200M grant agreement to support Ukrainian infrastructure and the economy. Ukraine and France signed a grant agreement in support of Ukraine’s recovery and critical infrastructure and priority sectors of the economy. Companies in France will be able to access this gran...

Friday, August 16

Transcarpathia has launched a dry port with an investment of ₴282M and has plans for scaling.

Transcarpathia has launched a dry port with an investment of ₴282M and has plans for scaling. A new enterprise, Chornotysiv Terminal, which functions as a new multimodal terminal (dry port), has started work in the Beregovo district of the Transcarpathia region. This terminal is a large logist...

Wednesday, August 7

Ukraine will now allow foreign companies to build large facilities in Ukraine without additional licenses.

Ukraine will now allow foreign companies to build large facilities in Ukraine without additional licenses. The Cabinet of Ministers amended a resolution, opening the possibility for representative offices of foreign companies and organizations in Ukraine to engage in the construction of large facilities. T...

Wednesday, July 31

Ukraine and Moldova will begin construction of a bridge across the Dniester River and to expand the railway infrastructure on the border with Poland.

Ukraine and Moldova will begin construction of a bridge across the Dniester River and to expand the railway infrastructure on the border with Poland. The Cabinet of Ministers has decided to create a joint Ukrainian-Moldovan commission for the construction of a bridge across the Dniester River in the Yampil-Koseuts region, said Prime Minister of Ukr...

Wednesday, July 24

Founders of industrial parks are eligible to receive ₴150M from the state for infrastructure development.

Founders of industrial parks are eligible to receive ₴150M from the state for infrastructure development. The Ministry of Economy agreed to cooperate with Ukreximbank through the State Stimulation of the Creation of Industrial Parks program. Oschadbank and Ukrgazbank plan to join the program soon. The pro...

Friday, May 24

Latvia will help Ukraine with economic and logistics development.

Latvia will help Ukraine with economic and logistics development. Investment in the development of Ukraine’s economy will contribute to strengthening the country at the front, Latvian Minister of Economy Viktors Valainis emphasized. “We can help not only...

Friday, November 3

The EIB will allocate €450M to Ukraine for two recovery projects.

The EIB will allocate €450M to Ukraine for two recovery projects. The first two tranches from the European Investment Bank for €100M of the planned total of €450M may be approved by the end of 2023. The funds will be directed to two projects: Ukraine Recovery III FL...

Wednesday, October 18

Japan will help Ukraine to restore infrastructure and the agricultural sector.

Japan will help Ukraine to restore infrastructure and the agricultural sector. The Minister of Infrastructure, Oleksandr Kubrakov, met with the senior vice president of the Japan International Cooperation Agency (JICA), Naoki Ando. The parties discussed further cooperation withi...

Tuesday, October 17

In half a year, the volume of completed construction works in Ukraine grew by 18.4% to ₴53.2B.

In half a year, the volume of completed construction works in Ukraine grew by 18.4% to ₴53.2B. The driver of the construction sector’s growth in the first half of the year was engineering structures, where the increase in construction was 34% in annual terms, and non-residential construct...

Tuesday, September 26

Ukraine and Moldova can apply for financing of infrastructure projects located along the roads of solidarity.

Ukraine and Moldova can apply for financing of infrastructure projects located along the roads of solidarity. As European Commissioner for Transport Adina Valean said, funding applications will be considered on the same terms as for EU member states. According to Valean, the European Commission has already he...

Monday, September 25

Ukraine, Turkey, and Japan have agreed to work together on reconstruction.

Ukraine, Turkey, and Japan have agreed to work together on reconstruction. During the Turkish-Ukrainian-Japanese business forum in Istanbul, the three parties launched a unique cooperation format aimed at implementing joint projects to restore Ukraine, including its critical...

Friday, September 15

Russian attacks have reduced the export of Ukrainian grain through the Danube ports by three million tons per month.

Russian attacks have reduced the export of Ukrainian grain through the Danube ports by three million tons per month. As the Minister of Infrastructure of Ukraine, Oleksandr Kubrakov, said, this threatens food shortages in countries that depend on Ukrainian agricultural products. According to him, since July 18 105 p...

Tuesday, August 22

Ukraine’s logistics infrastructure is on the verge of collapse: 25% of bridges are in critical condition.

Ukraine’s logistics infrastructure is on the verge of collapse: 25% of bridges are in critical condition. According to the Ministry of Infrastructure of Ukraine, 24% of Ukrainian bridges are completely or partially unusable. The main issues a specialized commission had to resolve are the condition of Ukra...

The first line of a new water main in the Dnipropetrovsk region has been put into operation.

The first line of a new water main in the Dnipropetrovsk region has been put into operation. As reported by the Ministry of Infrastructure, on August 21 the first line on the Ingulets – Kryazheve section of the main water pipeline, where construction began on the third day after the ter...

Vinnytsia will build a UAH 3B agro-food industrial park.

Vinnytsia will build a UAH 3B agro-food industrial park. According to investor Borys Shestopalov, Volia Agri-Food Park Vinnytsia will become the core of Ukrainian Volia Food Valley’s future ecosystem. It is noted that this project will provide interna...

Friday, August 4

The damage to Ukraine’s infrastructure from the war has exceeded $150B.

The damage to Ukraine’s infrastructure from the war has exceeded $150B. The amount of direct damage caused to Ukraine’s infrastructure due to the full-scale invasion by the Russian Federation is estimated at $150.5B, of which $55.9B represents housing loss, reported...

Monday, June 26

Ukraine will implement six projects to upgrade its western border checkpoints.

Ukraine will implement six projects to upgrade its western border checkpoints. Within the Connecting Europe Facility (CEF) program’s framework, Ukraine works with Poland, Romania, Hungary, and Slovakia through six western checkpoint projects, as reported by the Ministry of Commu...

Monday, June 19

The G7 will help Ukraine to reconstruct its transport infrastructure and develop alternative export routes.

The G7 will help Ukraine to reconstruct its transport infrastructure and develop alternative export routes. During a summit of transport ministers from G7 countries in Japan, the ministers agreed to intensify international efforts to develop the EU’s Paths of Solidarity program. The program is designe...

Monday, October 31

The state of the power system during winter will impact the country’s GDP.

The state of the power system during winter will impact the country’s GDP. In the winter, economic activity will be further limited by damage to the energy infrastructure and a forced reduction in electricity consumption due to Russian missile attacks and the disconnection o...

Wednesday, December 8

Two more daily trains to Poland were added to the winter schedule.

Two more daily trains to Poland were added to the winter schedule. Ukrainian Railways (UZ) has scheduled two additional trains to Przemyśl (Poland) starting December 22. It is noted that trains №27 / 28 and №19 / 20 Lviv-Przemyśl will run daily. Passengers can use th...

Tuesday, November 30

The construction of the Great Transport Ring in Kyiv requires up to 20 years,

The construction of the Great Transport Ring in Kyiv requires up to 20 years, and UAH 55 bln of investment, said the head of the Transformation Office, Maxim Bakhmatov. The project only includes an allocation of UAH 3 bln from the City of Kyiv budget. According to Bakhmatov. Th...

Thursday, August 12

China’s infrastructure loan to Ukraine will be for about $400 million, largely for two projects – the Kyiv Ring Road and a new bridge over the Dnipro at Kremenchuk, Viktor Dovhan, chief negotiator of the loan, tells the Kyiv Post. Ukraine is to borrow the money from China’s Export-Import Bank at a 2% interest rate for 15 years, says Dovhan, now an advisor to the ...

Wednesday, December 16

Kyiv City has the highest coronavirus infection rate of Ukraine

Kyiv City has the highest coronavirus infection rate of Ukraine Kyiv City has the highest coronavirus infection rate of Ukraine, reports the Health Ministry. In the first half of December, Kyiv’s infection rate was 746 per 100,000 people. Close behind were: Cherka...

Almost one third of the Rada’s 424 members have had coronavirus since August

Almost one third of the Rada’s 424 members have had coronavirus since August Almost one third of the Rada’s 424 members have had coronavirus since August, reports Dmytro Razumkov, chairman of Ukraine’s one chamber parliament. Currently, 21 MPs and 55 Rada employees are undergo...

Fueled by foreign investors looking for high yields, the Finance Ministry sold a record $1.85 billion worth of government bonds at auction yesterday

Fueled by foreign investors looking for high yields, the Finance Ministry sold a record $1.85 billion worth of government bonds at auction yesterday Fueled by foreign investors looking for high yields, the Finance Ministry sold a record $1.85 billion worth of government bonds at auction yesterday. Yields on hryvnia bonds ranged from 10% for 3-mont...

The total amount raised was more than three times the amount raised at last week’s auction.

The total amount raised was more than three times the amount raised at last week’s auction. The total amount raised was more than three times the amount raised at last week’s auction. With two more weekly auctions scheduled this month, the Ministry is expected to cover the budget shortfall b...

The Rada passed Ukraine’s 2021 budget yesterday. A fiscally conservative document with a deficit of 5.5% of gross domestic product

The Rada passed Ukraine’s 2021 budget yesterday. A fiscally conservative document with a deficit of 5.5% of gross domestic product The Rada passed Ukraine’s 2021 budget yesterday. A fiscally conservative document with a deficit of 5.5% of gross domestic product, slightly less than this year. Finance Minister Serhiy Marchenko said...

The budget numbers

The budget numbers The budget numbers:

In another move to get back on track with the IMF, the Rada overwhelmingly approved yesterday two bills to restore powers to a key agency of Ukraine’s new Western-designed anti-corruption machinery.

In another move to get back on track with the IMF, the Rada overwhelmingly approved yesterday two bills to restore powers to a key agency of Ukraine’s new Western-designed anti-corruption machinery. In another move to get back on track with the IMF, the Rada overwhelmingly approved yesterday two bills to restore powers to a key agency of Ukraine’s new Western-designed anti-corruption machinery. T...

In Washington, Kurt Volker, former special envoy to Ukraine, warned that the incoming Biden administration will not give a free pass to the Zelenskiy administration

In Washington, Kurt Volker, former special envoy to Ukraine, warned that the incoming Biden administration will not give a free pass to the Zelenskiy administration In Washington, Kurt Volker, former special envoy to Ukraine, warned that the incoming Biden administration will not give a free pass to the Zelenskiy administration due to Ukraine’s strategic value in...

Drought pushed down this year’s national grain harvest by 13% yoy, to 65.4 million tons

Drought pushed down this year’s national grain harvest by 13% yoy, to 65.4 million tons Drought pushed down this year’s national grain harvest by 13% yoy, to 65.4 million tons, Igor Petrashko, minister of Economic Development and Trade, announced yesterday. The fall ended two years of re...

Despite the drops, Minister Petrashko said the 2020 harvest is “three times more than the needs of the domestic market

Despite the drops, Minister Petrashko said the 2020 harvest is “three times more than the needs of the domestic market Despite the drops, Minister Petrashko said the 2020 harvest is “three times more than the needs of the domestic market, and also allows us to maintain a leading position in the export of agricultural ...

Thousands of small business owners and workers yesterday protested the impending coronavirus lockdown and end of tax privileges

Thousands of small business owners and workers yesterday protested the impending coronavirus lockdown and end of tax privileges Thousands of small business owners and workers yesterday protested the impending coronavirus lockdown and end of tax privileges, blocking central Kyiv’s Maidan Square and Kreschatyk Street into the ni...

One quarter of Kyiv restaurants have closed permanently due to coronavirus restrictions this year

One quarter of Kyiv restaurants have closed permanently due to coronavirus restrictions this year One quarter of Kyiv restaurants have closed permanently due to coronavirus restrictions this year, estimates a new study, “Consequences of the COVID-19 epidemic and quarantine measures for the leading...

Tuesday, December 15

All unprofitable mines will be closed in this decade

All unprofitable mines will be closed in this decade All unprofitable mines will be closed in this decade, Olha Buslavets, first deputy Energy Minister said last week at the First German-Ukrainian Energy Day. “Unprofitable mines will be closed within te...

The EU is ready to help Ukrainian miners move out of coal

The EU is ready to help Ukrainian miners move out of coal The EU is ready to help Ukrainian miners move out of coal, Torsten Wöllert, a European Commission energy official from Brussels, said at the Germany-Ukraine Day. “We are ready from the EU to help in t...

At the German-sponsored Energy Day, Prime Minister Shmygal thanked Germany for its aid,

At the German-sponsored Energy Day, Prime Minister Shmygal thanked Germany for its aid, At the German-sponsored Energy Day, Prime Minister Shmygal thanked Germany for its aid, saying “the project for a fair transformation of coal regions under the new energy partnership will begin this m...

With the EBRD planning to invest up to $100 billion to help EU coal mining towns shift to new vocations through 2027

With the EBRD planning to invest up to $100 billion to help EU coal mining towns shift to new vocations through 2027 With the EBRD planning to invest up to $100 billion to help EU coal mining towns shift to new vocations through 2027, the Bank held an online conference Friday to promote a similar shift in Ukraine – ...

Polish tourists traveling to Chervonohrad, a Lviv region border town, will one day visit ‘Nadia,’ a Soviet-era coal mine turned into “industrial museum,”

Polish tourists traveling to Chervonohrad, a Lviv region border town, will one day visit ‘Nadia,’ a Soviet-era coal mine turned into “industrial museum,” Polish tourists traveling to Chervonohrad, a Lviv region border town, will one day visit ‘Nadia,’ a Soviet-era coal mine turned into “industrial museum,” under a plan by Ukraine’s Regional Development...

The government promises to pay this week $50 million in back wages owed to coal miners across the country

The government promises to pay this week $50 million in back wages owed to coal miners across the country The government promises to pay this week $50 million in back wages owed to coal miners across the country, ruling party Rada Member Vasyl Mokan promised yesterday. About one quarter of the debt is owe...

Foreign shipping companies will be allowed to carry cargo up and down the Dnipro,

Foreign shipping companies will be allowed to carry cargo up and down the Dnipro, Foreign shipping companies will be allowed to carry cargo up and down the Dnipro, under legislation approved by the Rada recently with President Zelenskiy’s backing. The goal is to triple annual river...

Ukrainians spent about $150 million last year to buy 3,200 apartments in Poland, making Ukrainians the largest foreign investor group in Polish residential real estate.

Ukrainians spent about $150 million last year to buy 3,200 apartments in Poland, making Ukrainians the largest foreign investor group in Polish residential real estate. Ukrainians spent about $150 million last year to buy 3,200 apartments in Poland, making Ukrainians the largest foreign investor group in Polish residential real estate. The calculations were made by G...

Low oil prices have saved Ukraine $3 billion so far this year

Low oil prices have saved Ukraine $3 billion so far this year Low oil prices have saved Ukraine $3 billion so far this year, reports the State Customs Service. Through November, Ukraine oil import bill is down 36%, while the import volume is down only 5.6%. The ...

Ukraine’s power plants reduced their coal consumption by 32% through October and increased their gas use by 31%

Ukraine’s power plants reduced their coal consumption by 32% through October and increased their gas use by 31% Ukraine’s power plants reduced their coal consumption by 32% through October and increased their gas use by 31%, reports Expro.com, citing Energy Ministry numbers. Coal consumption fell to 14.1 millio...

Ukraine is gradually phasing out the use of coal

Ukraine is gradually phasing out the use of coal Ukraine is gradually phasing out the use of coal, President Zelenskiy told a UN-sponsored gathering on Saturday, the International Climate Ambition Summit. Promising a “fair transformation of the coal...

With demand dropping for coal, Ukraine’s coal mining industry is a shadow of its

With demand dropping for coal, Ukraine’s coal mining industry is a shadow of its With demand dropping for coal, Ukraine’s coal mining industry is a shadow of its peak when it employed 500,000 miners, making Ukraine Europe’s third largest coal producer, after Germany and Poland. La...

Tuesday, December 8

Home mortgage loans, long a rarity in Ukraine, are up 23% yoy, totalling almost $100 million through October

Home mortgage loans, long a rarity in Ukraine, are up 23% yoy, totalling almost $100 million through October Home mortgage loans, long a rarity in Ukraine, are up 23% yoy, totalling almost $100 million through October. The average size is for $26,000, and 87% are for second homes, reports the National Bank o...

By replacing ‘Black Friday’ sales with ‘Black Week’ sales, merchants managed to save what could have been a bleak start to the holiday season

By replacing ‘Black Friday’ sales with ‘Black Week’ sales, merchants managed to save what could have been a bleak start to the holiday season By replacing ‘Black Friday’ sales with ‘Black Week’ sales, merchants managed to save what could have been a bleak start to the holiday season, Ukrainian bankers tell Interfax-Ukraine. Charges with Akk...

By contrast, the MOYO chain of electronics stores says it doubled its sales on Black Friday

By contrast, the MOYO chain of electronics stores says it doubled its sales on Black Friday By contrast, the MOYO chain of electronics stores says it doubled its sales on Black Friday. Sales were boosted partly by a 16% increase in stores, to 36, and by keeping one store in Kyiv open around ...

JYSK, which has a chain of 71 furniture stores in Ukraine, recorded a 10% increase in sales in November

JYSK, which has a chain of 71 furniture stores in Ukraine, recorded a 10% increase in sales in November JYSK, which has a chain of 71 furniture stores in Ukraine, recorded a 10% increase in sales in November compared to last year. Evgeniy Ivanitsa, country director of the Danish-based firm, said this in...

Follow us