Business news from Ukraine

Business news from Ukraine

Ministry of Defense of Ukraine has contracted more than 400 thousand Ukrainian drones for 2024

“In 2024, the Defense Procurement Agency of the Ministry of Defense of Ukraine has contracted more than 400,000 UAVs of all types – with few exceptions, these are all Ukrainian-made drones, said Maryna Bezrukova, director of the Defense Procurement Agency.
“In 2024, we have already contracted more than 400 thousand UAVs of all types. From small FPVs to diplomatic strikes that hit targets deep behind enemy lines. With few exceptions, these are all Ukrainian-made drones. In the last two weeks alone, we have signed 21 contracts for drones worth more than UAH 3 billion,” she wrote on Facebook.
At the same time, Bezrukova explained that since the Defense Ministry is an agency of the Defense Ministry, this imposes certain specifics.
“We can only contract weapons that are on the list compiled by the General Staff and approved by the Ministry of Defense. The list is a small and highest-priority part of the large need collected from the military, for which funding is provided. Because the budget is really limited,” she said.
The director also reminded that the Defense Industry can only contract weapons that have received NATO codification and only those manufacturers that have confirmed their production capabilities to the military missions of the Ministry of Defense.
According to her, the Defense Industry is in constant contact with manufacturers, receives feedback and initiates changes that simplify the work and reduce the time to contracting. In particular, Bezrukova noted that the inspection by military missions has already been significantly simplified. The director emphasized that there is “still a lot of room to make the UAV contracting procedure, as provided for by the Ministry of Defense’s regulatory framework, simpler and more transparent.”
“Unfortunately, the opponents of the Agency’s work are now doing everything possible to destroy our reputation. For example, they are pouring money into spreading the news that the Agency has purchased a specific UAV at inflated prices. Although in fact we did not contract it at all. All this is a sign that we are on the right track. And we will be happy to go through it together with the manufacturers,” she emphasized.

Quotes of interbank currency market of Ukraine (UAH for 1 PLN, in 01.06.2024-30.06.2024)

Quotes of interbank currency market of Ukraine (UAH for 1 PLN, in 01.06.2024-30.06.2024)

Open4Business.com.ua

“Guaranteed Buyer” announces first auction for allocation of 11 MW for SPPs

The State Enterprise Guaranteed Buyer (Guaranteed Buyer) has announced the first auction in Ukraine for the distribution of the green generation support quota.
According to the state enterprise, 11 MW of solar power generation capacity is up for auction, with a starting price of 9 euro cents/kWh.
Applications are accepted until October 30.
The auction itself will be held on October 31 at 12:55 in the state electronic trading system Prozorro.Sale.
The auction will be held with a decreasing price.
According to the auction requirements, the solar power plant must be located on the left bank of the Dnipro River, except for the areas of military operations.
To participate in the auction, a bank guarantee in favor of Guaranteed Buyer in the amount of EUR 5/kW of the power plant’s capacity or its queue must be provided. To sign the contract, the winner of the auction must provide Guaranteed Buyer with a bank guarantee in the amount of EUR 15/kW of capacity, under which the winner is entitled to support based on the results of the auction. The remuneration of the operator of the authorized electronic platform is EUR 0.8/kW.
“The government has created all the conditions for holding the most transparent auctions for the distribution of state support for renewable energy producers. This is another step towards European integration and the implementation of best practices in supporting green energy in Ukraine,” Energy Minister Herman Halushchenko commented on the auction announcement, as quoted in the ministry’s website on Friday.
As reported, the Cabinet of Ministers, by its resolution of August 13, set an additional quota for support for business entities that produce electricity from alternative energy sources in the amount of 110 MW for 2024, of which wind farms – 88 MW, and solar power plants and other types of renewable energy sources (biomass, biogas, small hydropower plants) – 11 MW each.
The SPPs must be located on the left bank of the Dnipro River, and the auction for them will be held in October; there are no territorial restrictions for wind farms and other types, and the auctions are scheduled for November.
The contract with the State Enterprise Guaranteed Buyer for the provision of services under the market premium mechanism with the winner of the auction will be valid for 12 years.
For solar and wind power plants, the maximum selling price for electricity is 9 euro cents/kWh. For other types of alternative energy sources – 12 euro cents/kWh.

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Zelensky and Trump meet in New York

President of Ukraine Volodymyr Zelenskyy has begun a meeting with Republican presidential candidate Donald Trump in New York, Voice of America reports.
Zelenskyy is on a visit to the United States, where he has already met with Democratic presidential candidate Kamala Harris.

 

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EU’s Creative Europe program will support Ukraine’s cultural and creative industries sector until 2025

The European Union’s Creative Europe program will continue to support Ukraine’s culture and creative industries sector in 2025, the Ministry of Culture and Strategic Communications reports.
“Ukrainian audiovisual projects have the opportunity to take full part in the competitions of the Media subprogram, which aims to support the European film and audiovisual industries and to develop, distribute and promote European works, taking into account the modern digital environment,” the ministry said in a statement.
It is noted that six such competitions have been announced, namely: European co-development; video game and immersive content development; television and online content; talent and skills development; 360° media; innovative tools and business models.
According to the announcement, grant applications can be submitted from October 1, 2024.
“The total amount of funding for projects that will receive grants under the above competitions is EUR 81.5 million. The total budget of the EU’s Creative Europe program in accordance with the Annual Work Program 2025 is EUR 340 million,” the agency added.

 

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Canada and France to help Ukraine strengthen its cyber defense

France and Canada have agreed to strengthen cooperation in the field of military materiel for Ukraine and in the field of training within the framework of the Defense Contact Group (Ramstein), in particular, they will continue to deepen strategic cooperation in the field of cyber defense in support of Ukraine, according to a declaration agreed upon during a meeting in Ottawa on September 26 by Canadian Prime Minister Justin Trudeau and French President Emmanuel Macron.
“We are committed to working with Ukraine and our partners to enable Ukraine to defend its sovereignty, independence and territorial integrity in the face of Russian aggression, both in traditional domains and in cyberspace, including by supporting the strengthening of Ukraine’s civilian cybersecurity capacity through the Tallinn Mechanism. More broadly, we will continue to discuss topics of mutual interest that were discussed during the Paris Conference on February 26, 2024,” the document, published on the Canadian government’s website, reads.
The declaration states that Canada and France have already trained tens of thousands of Ukrainian soldiers as part of Operation UNIFIER for Canada and the EU Military Assistance Mission in Support of Ukraine (EUMAM Ukraine) for France. The armed forces of the two countries also continued to cooperate in training Ukrainian fighter pilots.

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