Economy
BYD plans to acquire car factories in Europe to expand its production
BYD, a Chinese corporation and the world’s largest manufacturer of electric vehicles, has begun negotiations with Stellantis NV and a number of other European companies regarding the acquisition of their production facilities.
Oschadbank has outlined the main reasons for rejecting energy loans
To date, the bank has received around 1,000 applications for funding for energy projects, with a total request of 2.5 billion hryvnia.
The price difference is up to 6 UAH per litre: how much does fuel cost at petrol stations on 13 May
On Wednesday 13 May, petrol prices at filling stations across Ukraine remained stable following fluctuations in early May. Retail chains are keeping fuel prices unchanged, whilst the price difference for A-95 petrol between operators stands at 6 hryvnias per litre.
Energoatom’s Supervisory Board has launched an investigation following information from NABU
The Supervisory Board of Energoatom received information from the National Anti-Corruption Bureau of Ukraine (NABU) that may indicate possible criminal offences committed by certain company officials. Following this, the company ordered an internal investigation, suspended several employees and initiated a reorganisation of its physical security and economic security departments.
The court will review ARMA’s powers in the case concerning the shares of “Morshynska”
The Kyiv District Administrative Court has opened proceedings in response to a claim filed by a shareholder of IDS Ukraine, whose group owns the “Morshynska”, “Mirgorodska” and “Alaska” brands. The case will examine whether ARMA has the legal authority to manage the company’s corporate rights following legislative changes that came into force on 30 July 2025.
The US has imposed new sanctions over the supply of Iranian oil to China
The United States has announced a new package of sanctions against individuals and companies suspected of facilitating the supply of Iranian oil to China. The restrictions were imposed ahead of US President Donald Trump’s visit to Beijing.
New payments to military personnel in 2026: what the Cabinet of Ministers will change
The Cabinet of Ministers is proposing to amend the 2026 State Budget and allocate an additional 1.56 trillion hryvnias to the security and defence sector. Of this amount, 174.3 billion hryvnias is earmarked for military personnel pay, and over 1.37 trillion hryvnias for weapons, equipment and ammunition.
“Centrenergo” has appointed a new chief executive ahead of the heating season
Yevhen Harkavyi is stepping down as CEO of Centrenergo. Serhiy Isachenko has been appointed as the company’s new CEO. Preparations for the 2026/2027 heating season will now fall under the remit of the new management.
The MP stated that the Economic Security Bureau should be tackling the shadow economy, rather than posting on Facebook
Ukrainian MP Danylo Getmantsev believes that the Economic Security Bureau should be tackling the shadow economy rather than posting on Facebook. This is the key to creating an attractive business climate in the country and attracting investment.
The EU is preparing a new package of sanctions against Russia, specifically targeting the ‘shadow fleet’ — Politico
The European Union is working on a 21st package of sanctions against Russia, which may include restrictions targeting banks, religious figures, Russia’s ‘shadow fleet’ and companies selling Ukrainian grain from the temporarily occupied territories.
Petrol prices on 11 May: who has ‘frozen’ their price caps, and where has petrol gone up by 5 hryvnias in one go
Over the weekend, the situation at petrol stations became mixed: whilst some chains have kept their old prices, others have surprised motorists by adjusting their prices. The biggest price rise has been for petrol.
The debts owed by the district heating company to Naftogaz have risen to 150 billion hryvnia
The debts owed by district heating companies to the Naftogaz Group have more than doubled over the last four years – rising from around 60 billion hryvnia to nearly 150 billion hryvnia. The government is working on a mechanism to compensate for the difference in tariffs and is seeking additional sources of funding.