07:36, 04 Dec
97% of financial institution leaders rated shock resistance as average or above.
Leaders of banks and non-bank financial institutions have improved their assessments of the financial sector's resilience to significant negative events for the third consecutive survey, according to the results of the "Survey on Systemic Risks in the Financial Sector" for November 2024, as reported on the website of the National Bank of Ukraine (NBU).
07:36, 04 Dec
Power supply has been restored in the Ternopil region.
The power supply in the Ternopil region has been restored following a nighttime drone attack by Russian forces, reported NEC "Ukrenergo" on Telegram.
07:36, 04 Dec
At AGU, there was opposition to the closure of municipal enterprises, citing the situation in Kryvyi Rih as a key reason.
The Association of Cities of Ukraine (ACU) emphasizes the importance of preserving municipal enterprises in the draft law "On the Features of Regulating Entrepreneurial Activity... during the Transition Period." They warn that if the bill is passed without considering this aspect, many cities could face situations similar to that of Kryvyi Rih in the Dnipropetrovsk region, where the city was left without heating.
07:36, 04 Dec
Raiffeisen Bank anticipates its 2025 revenues to match those of 2024, according to the bank's CEO.
Raiffeisen Bank's gross revenues, which stabilized in 2024, are expected to remain at a similar level in 2025, although with some changes in their structure, including a decrease in the share of treasury instruments, stated Alexander Pysaruk, the bank's CEO, in an interview with Interfax-Ukraine.
07:36, 04 Dec
Manifest-42 urges the Rada not to consider the blocking business bill that seeks to increase the liability of legal entities for corruption.
The public movement Manifest-42 has called on the Verkhovna Rada to withdraw bill No. 11443 from consideration. According to the movement, this legislation would give law enforcement officials the authority to independently initiate a "restriction of activities" for any business in order to ensure criminal proceedings. This was reported by Alexander Sokolovsky, a member of the movement and owner of TK-Group.
07:36, 04 Dec
The Cabinet has renamed the Ministry of Reintegration to the Ministry of National Unity, according to Shmyhal.
The Cabinet of Ministers has renamed the Ministry for Reintegration of Temporarily Occupied Territories to the Ministry of National Unity of Ukraine, announced Prime Minister Denys Shmyhal.
07:36, 04 Dec
The Cabinet has appointed Smilyansky as the commissioner for customs reform, according to Shmyhal.
The Cabinet of Ministers has appointed Igor Smilyansky, the CEO of JSC "Ukrposhta," as the government representative for customs reform, announced Prime Minister Denys Shmyhal.
07:36, 04 Dec
Power restrictions for the public will be in effect on Wednesday from 6:00 AM to 10:00 PM, according to "Ukrenergo."
The schedules for hourly power outages for the public on Wednesday will be in effect from 6:00 AM to 10:00 PM, primarily in two shifts, as reported by the National Energy Company "Ukrenergo."
07:36, 04 Dec
The NBU anticipates inflation to exceed 10% by the end of 2025.
The National Bank of Ukraine, which revised its inflation forecast for 2024 from 8.5% to 9.7% at the end of October, anticipates that inflation may exceed 10% by the end of this year, as reported by a correspondent from Interfax-Ukraine.
07:36, 04 Dec
The Ministry of Economy anticipates a 3.9% GDP growth for Ukraine in 2024, with an inflation rate projected at 9.5%.
The Ministry of Economy of Ukraine, which had lowered its economic growth forecast for this year from 4.6% to 3.5% earlier in the year, has now revised it upward to 3.9%. This was announced by the department's representative, Valeria Voytenko, during a discussion organized by the Economic Strategy Center in Kyiv on Tuesday.
07:36, 04 Dec
The Kharkiv City Council has extended tax benefits for individuals, legal entities, and entrepreneurs until the first quarter of 2025.
The Kharkiv City Council extended the local tax benefits for individuals, legal entities, and entrepreneurs for the first quarter of 2025 during an extraordinary session held on Tuesday.
07:36, 04 Dec
According to the NBU, the volume of cashless transactions increased by 3.5% in the first nine months of 2024 compared to the same period in 2023.
The total amount of cashless transactions from January to September 2024 increased by 3.5%, or 104.84 billion UAH, compared to the same period last year, reaching 3 trillion 105 billion UAH. Meanwhile, the number of transactions during this period rose by 8.9%, totaling 6.04 billion operations, according to data from the National Bank of Ukraine (NBU).
07:36, 04 Dec
Ukraine is preparing to launch forward auctions for electricity imports from EU countries.
Ukraine is actively working on implementing long-term (forward) auctions for the import of electricity in collaboration with its energy partners in the European Union, as reported by the National Commission for State Regulation in the Spheres of Energy and Public Utilities (NEURC).
07:36, 04 Dec
Ukraine has signed a credit agreement with the EU to secure up to EUR 35 billion as part of the G7 initiative.
On Wednesday morning, the Ministry of Finance reported that Finance Minister Serhiy Marchenko and the Chairman of the National Bank of Ukraine (NBU), Andriy Pyshny, signed a Credit Agreement with the European Union to secure up to EUR 35 billion in macro-financial assistance (MFA) through the Extraordinary Revenue Acceleration (ERA) mechanism, utilizing revenues from frozen Russian assets. They also signed a Memorandum of Understanding.
07:36, 03 Dec
The mining and metallurgical complex has the potential to symbolize Ukraine's revival, according to the rector of "Metinvest Polytechnic."
The mining and metallurgical complex (MMC) has the potential to become a symbol of Ukraine's revival, as this industry has always been a cornerstone of the economy, stated Alexander Povazhny, rector of the first private mining and metallurgical university "Metinvest Polytechnic," during the second international conference "MININGMETALTECH 2024 – MMC: Integrating Business, Technology, and Education," which took place online on November 28-29.
07:36, 03 Dec
The conservative nature of Ukraine's construction industry hinders the adoption of BIM technologies, according to experts.
The conservative nature of the construction sector in Ukraine, along with the need for substantial investments in software and staff training, poses significant barriers to the development of Building Information Modeling (BIM) technologies in the domestic construction market. This insight comes from a survey conducted by the Interfax-Ukraine agency among developers.
07:36, 03 Dec
The government has approved the state property policy, according to the Ministry of Economic Development.
On Friday, the Cabinet of Ministers of Ukraine approved a state property policy aimed at enhancing the management of state assets and attracting investment, as reported on the Ministry of Economy's website.
07:36, 03 Dec
"Kharkivoblenergo" has acquired three state-of-the-art mobile electrical engineering laboratories.
As part of its investment program for 2024, Kharkivoblenergo has acquired two mobile electrical laboratories designed for locating cable faults and servicing energy facilities.
07:36, 03 Dec
Top pharmaceutical companies announce their readiness to operate smoothly during blackouts.
Leading pharmaceutical manufacturers in Ukraine have assured that they are prepared to ensure uninterrupted operations during blackouts.
07:36, 03 Dec
Nearly 69,000 installment plans were issued by monobank during the "Black Friday" event.
Approximately 69,000 installment purchases were made through monobank during Black Friday 2024, compared to 60,000 purchases in 2023, reported monobank co-founder Oleg Gorokhovsky on Monday.
07:36, 03 Dec
"Ukrnafta has achieved an additional 2,600 tons of oil production through the implementation of a new technology."
PJSC "Ukrnafta" has initiated a pilot project utilizing a flow-diverting method to enhance oil recovery at two injection wells, as reported by the company's press service.
07:36, 03 Dec
Business expectations deteriorated in November, according to the National Bank of Ukraine (NBU).
The Business Activity Expectations Index (BAEI), calculated by the National Bank of Ukraine (NBU) on a scale from zero to 100, increased by 0.7 points in October but then fell by 2.3 points in November to reach 47.2 points. This marks a decline below the February 2024 value of 47.5 points, as reported on the regulator's website.
07:36, 02 Dec
Ukrainians can now apply for the 1,000 UAH payment under Zelensky's "Winter Support" program.
The application process for a one-time assistance payment of 1,000 UAH, part of the "Winter Support" program initiated by President of Ukraine Volodymyr Zelensky, commenced on Sunday, December 1, through the "Diia" mobile app, as reported by Ukrainian Prime Minister Denys Shmyhal.
07:36, 02 Dec
In January, financial mechanisms will be established for utilizing the income from frozen Russian assets, according to Zelensky.
Financial mechanisms for utilizing the revenues from frozen Russian assets to assist Ukraine will be operational by January 2025, announced Ukrainian President Volodymyr Zelensky.
07:36, 01 Dec
The National Bank anticipates a decision from the IMF Board of Directors regarding a $1.1 billion tranche in the second decade of December.
The final decision of the International Monetary Fund (IMF) regarding the sixth review of the Extended Fund Facility (EFF) program and the allocation of the seventh tranche of approximately $1.1 billion to Ukraine is anticipated on December 2, as reported by the National Bank of Ukraine.
07:36, 30 Nov
Sales of pet products at "Epicenter" have surged by 80% over the past three years.
The pet product market in Ukraine has experienced over a 50% growth in the past three years, with sales of animal goods at the "Epicenter" chain increasing by 80%, as reported by the retailer's press service to the Interfax-Ukraine agency.
07:36, 30 Nov
The 2025 state budget allocates 11.3 billion UAH for cultural funding.
The Ukrainian state budget for 2025 allocates 11.3 billion UAH for the funding of the Ministry of Culture and Strategic Communications.
07:36, 30 Nov
FRU opposes the unjustified increase in electricity transmission and dispatch tariffs.
The Federation of Employers of Ukraine (FEU) strongly opposes the proposed increases in electricity transmission and dispatch tariffs put forward by the National Commission for State Regulation in the Sphere of Energy and Public Utilities (NERC).
07:36, 30 Nov
The Supreme Court has ruled to annul the rehabilitation plan for "Eldorado."
The Supreme Court has granted the cassation appeals of several creditors of "Eldorado" (LLC "Diessa") and decided to deny the approval of the company's rehabilitation plan.
07:36, 29 Nov
Since April, the military property insurance program for Raiffeisen Bank loans has attracted 8 projects.
Launched by Raiffeisen Bank (Kyiv) in collaboration with insurance companies ARX, Universal, INGO, and the world’s largest international broker Aon, the inaugural property insurance program against military risks, designed for obtaining loans secured by such properties, has attracted 8 projects since its launch in April of this year. The total insured amount for these projects reached 100 million UAH, with loans issued totaling 1 billion UAH.
