Ukraine

Five key trends in the development of Ukraine’s mining industry in 2023

The second year of the full-scale war became a real test for Ukraine

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Ukraine increased exports by sea transport by 30.7% m/m in December

In this period, the volume of exports by sea amounted to 7.34 million tons

Ukraine’s economy is forecast to grow by 3-5% in 2024

Next year steel production may reach 7.2-7.5 million tons

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BES reveals a scheme of duty evasion in scrap exports

In particular, three enterprises were identified that evaded payment of UAH 65 million in customs duty

In 2022 Ferrexpo procured $182 million from local and regional suppliers

Share of local and regional procurements amounted to 20%

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Transport visa-free regime increased Ukraine’s exports to the EU by 47.5% by road

Imports from the European Union increased by 44% during the 1.5 years of the agreement

A month and a half blockade of Ukraine’s border during the war

The Ukrainian economy has already suffered more than $1 billion in losses

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Ukrenergo received the status of a full member of ENTSO-E

The operator of the Ukrainian energy system will become the 40th member of the association from January 1, 2024

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Great Britain announced the creation of a naval coalition to help Ukraine

Among the tasks of the coalition is ensuring the safety of civil shipping and the operation of the Ukrainian corridor

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Polish carriers have completed the blockade of the Dorogusk-Yagodin checkpoint

In the afternoon of December 11, stable traffic of trucks was restored at this crossing

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USAID to allocate $225 million for the construction of the Eurotrack Lviv-Mostysk

The agency will provide UZ with technical support in the construction of the two-track section

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Ukraine presented plans for decarbonization of the energy sector at СОР 28

By 2030, 27% of final energy consumption is expected to come from renewable sources

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