The Ministry of Economy has transferred 18.6 million UAH in compensations for Ukrainian machinery

Compensations for Ukrainian Industry

According to Мін. Економіки: The Ministry of Economy of Ukraine has transferred 18.6 million UAH in 15% compensations for applications made in November for Ukrainian industrial machinery. This compensation was provided to buyers of Ukrainian industrial machinery who submitted applications in November.

A total of 25 enterprises received compensation for 80 units of machinery and equipment. The total value of the machinery and equipment amounted to 148.6 million UAH. The compensation covered products from 13 Ukrainian machine-building enterprises.

Categories of machinery for which compensation was provided

Categories of machinery for which compensation was provided include:

• lifts
• transformers
• buses
• semi-trailers-tankers
• energy equipment
• specialized industrial equipment

This step by the Ministry of Economy supports domestic production and stimulates demand for Ukrainian machinery.

Providing compensations for producers and buyers of Ukrainian industrial machinery is an important step in strengthening the national economy and supporting domestic production. It can also contribute to the growth of employment in the machine-building sector and enhance the competitiveness of Ukrainian enterprises in both domestic and foreign markets.