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Economy Page 5

Electricity tariffs for Ukrainians may triple: : which Ukrainians will have to pay more

Electricity tariffs for Ukrainians may triple: : which Ukrainians will have to pay more

According to Vinnytsiaoblenergo, household consumers who try to steal electricity will pay three times higher than usual – from UAH 6.03 to 8.79 per kWh. In Ukraine, electricity consumers who violate the law and evade payment have begun to receive large-scale fines. Tariffs for stolen electricity have been tripled and now range from UAH 6.03 […]

Russian army hit two gas storage facilities in Ukraine at night – Naftogaz

Russian army hit two gas storage facilities in Ukraine at night – Naftogaz

On April 11, the Russian army struck the most important technological elements of Ukraine’s gas transportation system. It is about two underground gas storage facilities (UGS), the press service of Naftogaz informs. “Early in the morning, the enemy attacked two Ukrainian UGS facilities. At present, specialists are eliminating the consequences of the attack,” the company […]

Rheinmetall launches innovative “hybrid” plant in Hungary

Rheinmetall launches innovative “hybrid” plant in Hungary

The German company Rheinmetall has begun construction of a new “hybrid” plant in Szeged, Hungary, which will serve both civilian and defense needs. This plant is considered to be Rheinmetall’s first major hybrid facility and is valued at approximately EUR 63 million. The area will occupy approximately 15 thousand square meters on a total area […]

Lithuania offered to dismantle its closed TPPs and transfer spare parts to Ukraine

Lithuania offered to dismantle its closed TPPs and transfer spare parts to Ukraine

Lithuania has offered to dismantle its closed thermal power plants and transfer spare parts to Ukraine to restore the power system after the Russian attacks. Ukraine’s Energy Minister Herman Halushchenko said during a telethon that he had held talks with the Lithuanian Energy Minister. They even offered to use their thermal power plants, which are […]

Electricity in Ukraine may rise in price again – Galushchenko

Electricity in Ukraine may rise in price again – Galushchenko

Against the backdrop of Russia’s powerful attacks on Ukraine’s energy system, the population needs to be prepared for possible price increases. This warning was issued by the head of the Ministry of Energy, Herman Galushchenko. The minister does not hide the fact that the destruction caused by Russia’s attacks is indeed large-scale, both in the […]

Medvedchuk’s confiscated Maybach and collectible watches put up for sale

Medvedchuk’s confiscated Maybach and collectible watches put up for sale

Asset Recovery and Management Agency sells confiscated property of Viktor Medvedchuk, a suspect in high treason: Maybach car and collectible watches This was reported by the ARMA. “At a meeting of the Commission for the competitive selection of legal entities engaged in the sale of seized assets, ARMA decided to sell Medvedchuk’s property: an expensive […]

“Ukrenergo introduces temporary power outage schedules in six regions

“Ukrenergo introduces temporary power outage schedules in six regions

Ukrenergo’s dispatch center is forced to apply temporary measures to limit consumption from 18:20 to 22:00 in Dnipropetrovska, Donetska, Zaporizka, Kirovohradska, Poltavska and Sumska oblasts. This was reported by Ukrenergo. The reasons for the restrictions are the lack of sufficient generating capacity in the system to cover consumption in certain regions of the country. “This […]

New checkpoint to open on the border with Romania

New checkpoint to open on the border with Romania

The Cabinet of Ministers has adopted a resolution that will allow the opening of a new Ukrainian-Romanian border crossing point between Bila Tserkva (Zakarpattia region) and Sighetu Marmatiei. Today, Ukraine and Romania are building an extremely beneficial partnership, and we aim to constantly deepen it. We are adopting a resolution that will allow us to […]

The Ministry of Economy commented on why Ukraine needs daylight saving time

The Ministry of Economy commented on why Ukraine needs daylight saving time

Ukraine switches to daylight saving time on Sunday, March 31. At 3 (three) o’clock Kyiv time, the clock is moved forward by 1 (one) hour. The switch to winter and summer time is made in accordance with the 1996 Resolution of the Cabinet of Ministers of Ukraine “On the Procedure for Calculating Time in Ukraine”. […]

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