Representatives of Ukraine's state energy grid operator, Ukrenergo, and the KfW Development Bank signed an agreement worth 100 million euros (nearly $110 million) for energy projects, Ukrenergo announced on July 19.
The record-breaking heat wave that has engulfed Ukraine is expected to continue at least through the rest of the following week, with the maximums to exceed 40 degrees Celsius (over 104 degrees Fahrenheit).
Through an agreement with the European Commission, Ukraine has received 5,876 solar panels to help power hospitals across the country, Ukraine's Energy Ministry announced on social media on July 2.
The strain on the country's energy infrastructure will be alleviated after repairs at some nuclear power units are completed, which will provide more available capacity, while changes in the weather are also expected to help, according to Kudrytskyi, Volodymyr Kudrytskyi, the head of Ukraine's state grid operator Ukrenergo, said on July 1.
Investigators from the SBU and National Anti-Corruption Bureau allege that the unnamed former official organized the procurement of bulletproof vests at an "artificially inflated price" in the spring of 2022, following the start of Russia's full-scale invasion in the spring of 2022.
Ukrainians will face lengthy, daily interruptions in electricity until the end of July as scheduled repairs at nuclear power plants put further strain on the country's already heavily damaged energy system, the head of grid operator Ukrenergo Volodymyr Kudritsky said.
Editor’s Note: This is issue 135 of Ukrainian State-Owned Enterprises Weekly, covering events from June 2-8, 2024. The Kyiv Independent is reposting it with permission. The Cabinet approved the Reforms Matrix based on international partners’ recommendations on June 4. According to Prime Minister Denys Shmyhal, more than 200 reforms
It will be difficult to cover consumption levels as restoration work at thermal and hydroelectric power plants damaged by Russia will still be ongoing, state-owned energy operator Ukrenergo told the Suspilne media outlet.
The high temperature, which causes an increase in electricity consumption, as well as recent Russian attacks against Ukrainian energy infrastructure, have led to the deterioration of the situation.
Editor’s Note: This is issue 134 of Ukrainian State-Owned Enterprises Weekly, covering events from May 25 – June 1, 2024. The Kyiv Independent is reposting it with permission. Energy sector Ukrainian energy facilities struck again. In the early morning of June 1, Russia attacked Ukraine’s energy infrastructure in Zaporizhzhia,
Ukraine will introduce hourly energy shutdowns for industrial and household consumers in all oblasts from 6:00 p.m. local time on May 20 until midnight.
Limitations for industrial users will be applied from 7 p.m. to midnight local time on May 18, while restrictions for domestic users are not forecasted for the same day, according to Ukrenergo.
The following is the May 14, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. Ukrainian businesses and industry will face more restrictions in energy use due to "significant shortages of electricity” amid
Ukraine implemented rolling blackouts on May 15 due to power shortages caused by Russian attacks, Ukraine's state-owned energy operator Ukrenergo announced.
Ukraine's state-owned energy operator Ukrenergo said it had to introduce additional restrictions due to the damage from the recent Russian strikes against Ukrainian energy infrastructure and the increase in electricity consumption after the temperature drop.
Editor’s Note: This is issue 131 of Ukrainian State-Owned Enterprises Weekly, covering events from May 4-10, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEs Cabinet appoints new acting CEO for Ukrspyrt. On May 3, Stanislav Banchuk was appointed to the position. On May 6,
Ukrainian businesses and industry will face more restrictions in energy use due to a "significant shortage of electricity," Ukraine's state-owned energy operator Ukrenergo reported on May 10.
Kyiv city officials will begin reducing evening street lighting after Russian attacks on Ukraine's energy system caused major power shortages throughout the country, Serhii Popko, the head of the Kyiv City Military Administration, announced on May 9.
Speaking to Ukrainska Pravda.Live, Volodymyr Kudrytskyi, said the damage caused by the strikes was "quite large-scale."
Editor’s Note: This is issue 129 of Ukrainian State-Owned Enterprises Weekly, covering events from April 20-26, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEs Economy Ministry announces a competitive selection to find an independent member for Ukrenergo’s supervisory board. On April 23, the
The Energy Ministry said that Russian drones attacked a high-voltage substation in Zaporizhzhia Oblast, dealing damage. Fallen debris from a downed missile also damaged a gas facility in Dnipropetrovsk Oblast.
Russian forces attacked energy infrastructure facilities in Odesa Oblast overnight, damaging equipment, Ukraine's state-owned energy operator Ukrenergo said on April 5. The company said that no blackouts occurred as a result of the strikes.
Editor’s Note: This is issue 125 of Ukrainian State-Owned Enterprises Weekly, covering events from March 23-29, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEs High Anti-Corruption Court arrests a suspect in absentia in a Ukrzaliznytsia case, the Specialized Anti-Corruption Prosecutor’s Office (SAPO) reported
Editor’s Note: This is issue 124 of Ukrainian State-Owned Enterprises Weekly, covering events from March 16-22, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEs Corporate governance, privatization, and state-owned banks’ non-performing loans prioritized in the government’s Ukraine Facility reform plan for 2024-2027. On
Ukrposhta, Ukraine’s state-owned postal service, was the first to resume operations in the country’s recently liberated cities and villages, delivering packages and much-needed pensions to the most vulnerable. The company is continuing to grow, expand, and digitize its services. Ukraine’s state-owned railway company Ukrzaliznytsia transported 25 million
Editor’s Note: This is issue 121 of Ukrainian State-Owned Enterprises Weekly, covering events from Feb. 24 – March 1, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEs Former Ukrzaliznytsia CEO charged with embezzling Hr 11 million. On Feb. 26, the National Anti-Corruption Bureau of Ukraine
The start of Russia’s full-scale invasion of Ukraine was an unlikely place for investment. Russian attacks all over the country were destroying critical infrastructure, factories, and homes. The economy took a major hit, with GDP falling 29% that year. The European Bank for Reconstruction and Development, which has been
Editor’s Note: This is issue 120 of Ukrainian State-Owned Enterprises Weekly, covering events from Feb. 17-Feb. 23, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEs The Verkhovna Rada adopts the long-awaited law on the corporate governance of SOEs. On Feb. 22, the Verkhovna Rada
The company reported that the overhead line had been heavily damged by Russian shelling on Feb. 20.
According to Ukrenergo, its high-voltage power transmission lines are operating normally. There is some reported damage to power grids in Kyiv and Kharkiv, however.
The state electricity grid operator Ukrenergo will replace the majority of its supervisory board members by Dec. 9, according to a document from the Ministry of Energy obtained by news outlet Ekonomichna Pravda. The reshuffle was scheduled because the previous members' three-year terms expired in October. Ensuring that Ukrenergo has
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