Economy

Nibulon invested $6 million in elevator modernization in 2024
Last year, the Ukrainian agroholding Nibulon invested $6 million in the modernization of grain elevators.

Kyiv company to acquire property complex of Black Sea Fishport administration
LLC “Garant-Product Ukraine”,registered in Kyiv became the sole participant and winner of the auction.

A new ferry line may open between Reni and Romanian Braila
The Ministry of Development also plans to modernize the Orlivka-Isaccea checkpoint so that not only ferries can pass through it.

The Ukrainian part of the Danube will be integrated into the European transport network TEN-T
Representatives of Ukraine, Romania, Moldova, the USA and the European Commission discussed the integration of the Ukrainian part of the Danube into the TEN-T network.

Last year, Ukraine exported agricultural products worth $211.6 million to Portugal
Minister of Agricultural Policy Vitalii Koval discussed strengthening bilateral cooperation with his Portuguese counterpart.

The government will form a new supervisory board of the UDS
The government has announced a competition for the positions of independent members of the supervisory board of the Ukrainian Danube Shipping Company.

The Shipping Administration has stopped registering vessels older than 35 years.
Ukraine has banned the registration of seagoing vessels and inland waterway vessels aged 35 years and over.

The Office of the President is considering lowering the price of Russian oil to $30 per barrel
The head of the President’s office, Andriy Yermak, said that the introduction of a hard price ceiling for Rosneft is an important tool for curbing the Kremlin’s aggression.

Egypt wants to create a Ukrainian food hub
The Minister of Agrarian Policy discussed with the newly appointed Ambassador of Egypt to Ukraine the expansion of cooperation in the agricultural sector.

Ukraine compensates shipowners for losses due to Russian attacks: details
The Cabinet of Ministers has approved a budget for compensation to shipowners and charterers whose vessels were damaged due to attacks by the Russian Federation.