Business news from Ukraine

Business news from Ukraine

Serbia to donate €8.4 mln worth of generators and transformers to Ukraine – Vucic

Serbia will donate €8.4 million worth of generators and transformers to Ukraine as humanitarian aid, Serbian President Aleksandar Vucic said in an interview with Serbian TV channel Prva TV.

“We have collected generators and transformers worth 8.4 million euros for Ukraine,” the president said.

According to him, the new Serbian ambassador to Ukraine will hand over this aid.

Earlier, the Serbian government provided humanitarian aid to Ukraine in connection with the disaster in Kherson region that occurred after the explosion of the Kakhovka hydroelectric power plant.

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Azerbaijan provided Ukraine with 45 power transformers and 50 generators

Azerbaijani Foreign Ministry spokesman Aikhan Hajizada said Azerbaijan provided Ukraine with 50 generators and 45 power transformers as humanitarian aid.
“Azerbaijan continues to provide humanitarian aid to Ukraine. 45 power transformers and 50 generators provided by Azerenerji were sent to Ukraine. As of today, Azerbaijan has provided more than 30 million manats (more than $50 million) in aid to the needy population,” Hajizada tweeted on Sunday.
Azerenerji is the largest producer of electricity in Azerbaijan.
Exchange rate according to the Ministry of Finance on December 10: $0.59/AZN, AZN1.7/$1.

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Cabinet of Ministers exempted from VAT and duties on generators, transformers and other goods

The Cabinet of Ministers has exempted generators, transformers and other goods important for the heating season from VAT and import duties, Prime Minister Denys Shmygal said.
“Today the Cabinet of Ministers will approve a resolution, thanks to which important goods for the passage of this heating season will be exempt from payment of VAT and import duty,” Shmygal said at a government meeting on Tuesday.
These include gas generators, electric motors and generators, electric generating sets and rotating electrical converters, transformers, electric batteries, electric water heaters and heaters, and some other energy and heat supply goods.
“This is important to speed up repairs now, improve light and heat supply, meet public demand and reduce prices of related products,” he added.

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