Economy
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.
Qatar has resumed exports of liquefied natural gas via the Strait of Hormuz
A tanker carrying Qatari liquefied natural gas has reportedly passed through the Strait of Hormuz and entered the Gulf of Oman for the first time since the start of the war with Iran
Ukrainians have been given an explanation for the reduction in subsidies in May
In May, some Ukrainians received a lower housing subsidy. This is due to the end of the heating season and a change in the way payments are calculated
Concord Bank has ceased operations in Ukraine
On 5 May 2026, an entry was made in the Unified State Register regarding the termination of the activities of JSC “AKB Concord” as a legal entity. At the same time, the powers of the Deposit Guarantee Fund as the institution’s liquidator came to an end
The Pension Fund of Ukraine has explained how to undergo in-person verification abroad
The Pension Fund has clarified when Ukrainian pensioners living abroad are required to undergo in-person verification in order to receive their payments, and in which cases this is not mandatory
Українські АЕС поетапно переходять на паливо Westinghouse
“Енергоатом” заявив, що всі українські атомні електростанції поступово переходять на ядерне паливо американської компанії Westinghouse Electric Company. Частина енергоблоків поки працює у змішаному режимі з паливом різних виробників, однак у компанії наголошують, що це не впливає на безпеку експлуатації.
The State Border Guard Service has uncovered the smuggling of alcohol via diplomatic consignments worth 4 million hryvnias
Detectives from the Economic Security Bureau and prosecutors from the Office of the Prosecutor General have uncovered a scheme to import alcohol into Ukraine under the guise of diplomatic cargo. According to the investigation, a group of six individuals imported well-known brands of alcohol worth over 4 million hryvnias without paying excise duty or other mandatory charges.
Inflation in Ukraine has risen to 8.6% amid rising fuel and logistics costs
Consumer inflation in Ukraine accelerated to 8.6% year-on-year in April, up from 7.9% in March. The main drivers of price rises remain fuel, transport and logistics.
Abu Dhabi is discussing the creation of a new defence fund for global investments
The Abu Dhabi authorities are holding preliminary consultations on the creation of a new investment mechanism in the defence sector. The initiative is being considered against the backdrop of regional conflicts and the United Arab Emirates’ desire to strengthen its own defence capabilities.
In 2026, work will begin in Europe on developing a replacement for the Tomahawk missiles
The German firm Rheinmetall, which traditionally manufactures tanks, artillery and ammunition, plans to start producing long-range missiles this year in collaboration with Destinus.
Ukrnafta tops the ranking of the largest fuel retailers
In April 2026, the Ukrnafta petrol station network became the leader in the Ukrainian retail market, selling around 120 million litres of fuel (almost 95,000 tonnes).
Ukraine risks losing half of its future workforce – the agricultural sector
Ukraine is already facing a critical shortage of staff, and after the war the situation is likely to get even worse due to the demographic decline and migration.
