Cabinet launching 15% compensation program for cost of Ukrainian machinery and energy equipment

On September 24, the Cabinet of Ministers decided to launch a 15% compensation program for the cost of Ukrainian machinery and energy equipment.

This is stated in the message of the Ministry of Economy, the Ukrainian News agency reports.

"Within the "Made in Ukraine" program, the state already compensates agricultural producers for part of the funds for purchased agricultural machinery of Ukrainian production. Now we are taking a new significant step in the development of this program - the government will partially compensate 15% of the purchase of Ukrainian energy equipment, wheeled machinery, for example, domestic buses, trawlers and construction, utility and special equipment. Manufacturers who have localized production at the level of 40% or more will be able to participate," said Yuliya Svyrydenko, First Deputy Prime Minister - Minister of Economy.

According to the notification, buyers who purchased energy equipment will be able to receive 15% compensation (excluding VAT):

- industrial systems of electric energy storage;

- solar panels, power plants, collectors;

- wind power plants and mini hydropower plants;

- wind power generator, gas turbine, gas piston and cogeneration plants;

- transformers, distribution cabinets; heat pumps; individual heat points, recuperators, metering devices;

Buyers who purchased wheeled machinery (buses, tankers, vans, trawlers, trailers and semi-trailers) and construction, communal and special machinery, in particular, mechanized demining machines (including robotic ones) and demining equipment, will also be able to receive 15% compensation.

As the Ukrainian News agency earlier reported, the Cabinet of Ministers decided on March 8 to launch a program of 25% compensation for the cost of Ukrainian-made agricultural machinery.

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