Business news from Ukraine

Business news from Ukraine

50% OF ADULT POPULATION IN UKRAINE VACCINATED AGAINST CORONAVIRUS

Half of Ukrainian adults have been vaccinated against coronavirus (COVID-19) disease, Prime Minister Denys Shmyhal has said.
“Some 50% of the adult population has already been vaccinated against COVID-19. Every second Ukrainian has received at least one dose of the vaccine. We must increase this figure,” he said at a government meeting on Wednesday.

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UKRAINE, POLAND PLAN A HIGH-SPEED RAILWAY COMMUNICATION BETWEEN CAPITALS

Germany has prepared a loan for Ukraine to develop projects in the hydrogen energy and plans to provide further financial assistance in this sector, German Foreign Minister Annalena Baerbock has said.
“We, like the EU, invest in many projects in Ukraine. Therefore, the last time I made it clear that with regard to hydrogen, we will implement projects together with German business. Therefore, we have prepared a financial loan and are planning further financial assistance in this sector, because we, as a partner, are on the side of Ukraine,” Baerbock said at a press conference with Ukrainian Foreign Minister Dmytro Kuleba in Kyiv on Monday.
In turn, Kuleba said that Ukraine and Germany agreed on concrete further steps in this area.
“We all know the subject of Nord Stream 2, but our countries do not live by it alone. We have a serious future that we want to create around renewable energy sources. In this regard, we paid special attention to projects in hydrogen energy, which should ideally connect our economies and be mutually beneficial for our states. We agreed on concrete further steps in this area,” the head of the Ukrainian Foreign Ministry said.

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UKRAINE, POLAND PLAN A HIGH-SPEED RAILWAY COMMUNICATION BETWEEN CAPITALS

Ukraine and Poland are jointly developing a plan for the implementation of a high-speed rail link between Kyiv and Warsaw and are preparing for its presentation at the level of the European Union.
The Ministry of Infrastructure of Ukraine reported on its Facebook page these are the results of the visit of head of the department Oleksandr Kubrakov, his deputy Mustafa Nayyem and head of Ukrzaliznytsia Oleksandr Kamyshin to Poland.
According to the agency, the construction of the Kyiv-Warsaw eurotrack will reduce the travel time from one capital to another by rail by four hours.
In addition, during the negotiations, the reconstruction of the section Malhowice-Nyzhankovychi on the Ukrainian-Polish border, which has not been operated since 1995, was discussed. Currently, the search for sources of financing for this project is underway.
As reported, JSC Ukrzaliznytsia from February 10, 2022 removes all restrictions on rail transit to Poland.

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STOCKS OF COAL IN UKRAINE RAISES UP BY 5.8% OVER ONE WEEK

Stocks of coal in the warehouses of thermal power plants of generating companies in Ukraine grew by 5.8% (by 38,300 tonnes) from January 31 to February 7, 2022, to 695,500 tonnes, according to data from the Ministry of Energy.
According to the calculations of Interfax-Ukraine, since the beginning of the year, stocks have grew by 1.6 times (as of December 31, 2021 it were 435,700 tonnes), they are also 1.8 times more than a year earlier (as of February 8 2021 it were 384,400 tonnes).
As reported, the supply of coal to the warehouses of Ukraine’s thermal power plants in January 2022 rose by 8% (by 148,200 tonnes) compared to December 2021, to 1.991 million tonnes, including 643,400 tonnes of imported coal (1.6 times more), 1.347 million tonnes of Ukrainian-made coal (6.5% less).

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CZECH, AUSTRIAN, SLOVAK FMS TO JOINTLY VISIT UKRAINE ON FEB 7-8

Czech Foreign Minister Jan Lipavsky, Austrian Foreign Minister Alexander Schallenberg and Slovak Foreign Minister Ivan Korčok will together visit Ukraine on February 7-8 on the invitation of their Ukrainian counterpart Dmytro Kuleba, the Ukrainian Foreign Ministry said.
The first ever visit by the foreign ministers of the Slavkov or Austerlitz format to Kyiv is to demonstrate solidarity with Ukraine, the Ukrainian Foreign Ministry’s press service said in a statement.
Kuleba and his Czech, Slovak and Austrian counterparts will hold talks with key agenda items such as “further support for Ukraine in countering Russian aggression, the implementation of a comprehensive containment package for the Russian Federation, strengthening security cooperation, supporting the economic and financial stability of our state,” it said.
The Slavkov format ministers are also planning to visit the zone of Ukraine’s Joint Forces Operation to familiarize themselves with the current situation, Kyiv said.

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