industry

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Energy crisis in Europe could deepen next winter

Energy-dependent industries will actively explore the possibility of moving production

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The state should make the development of industry as a priority

The relocation of enterprises to the western regions of Ukraine provides a chance to form an industrial segment that did not exist there before the war

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High energy prices threaten the industrial base of the EU — Moody’s

There is a high risk of investment displacement from energy-intensive production sectors of the EU

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State support for industry does not correspond to the scale of losses

In the conditions of war, the Ukrainian government is constantly expanding credit and grant programs, but their volumes are minimal

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Marginal electricity prices may increase by 50% in October 2022

Ukrainian industrial companies emphasize that this may lead to production stoppages

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The government approved a resolution on aid to enterprises affected by the war

Enterprises that lost their production facilities due to the war will be able to receive up to UAH 60 million in soft loans

Demand for gas in industry decreased by more than 50%

Ukraine needs to prepare for different scenarios of the heating season

InVenture put up for sale a rolling mill plant for $5 million

The enterprise, located in the city of Dnipro, is one of the largest producers of pig iron rolls in Ukraine

The government allowed the import of industrial parks’ equipment without payment of duty

This is one of the incentives provided to industrial park participants

Dniprowagonmash increased its net revenue by 2.1 times y/y in the first half of 2022

The company's loss in January-June decreased by 7.3 times y/y

A third of Ukrainian industry is not working due to high risks

ULIE recommends the government to single out priority issues to be resolved and formalize them in the Emergency Action Plan

The Cabinet of Ministers to launch the mass privatization from September 1

The government also announced the launch of grant programs to support businesses.

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