Breaking news

Agriculture Ministry expects grain exports in February to reach 2 m tonnes, despite frost

18:04

09.02.2012

The severe frost in Ukraine is complicating the work of the grain market, while at the same time grain exports in February are expected to reach about two million tonnes, the director of the agrarian markets department at the Agrarian Policy and Food Ministry, Serhiy Kvasha, has said.

Construction Ministry, IFC sign memo on cooperation in unions of multi-apartment block co-owners, housing policy

18:03

09.02.2012

The Ministry of Regional Development, Construction, Housing and Utilities Services and the International Finance Corporation (IFC) on February 9 signed a memorandum on cooperation under the "Energy efficiency in the housing sector of Ukraine" project.

Foreign companies are no longer interested in concession of Lviv and Donetsk airports, says Kolesnikov

16:32

09.02.2012

Foreign companies are no longer interested in the concession of Donetsk and Lviv airports, Vice Prime Minister and Infrastructure Minister Borys Kolesnikov said at a panel discussion entitled "the problem of illegal passenger automobile transportation in Ukraine" in Kyiv on Thursday.

Conditions for easing monetary policy appear in Ukraine, says advisor to NBU governor

16:32

09.02.2012

The National Bank of Ukraine (NBU) in February 2012 could consider a second round of easing of the monetary policy after the decrease in refinancing rates in January, the head of the group of advisors to the NBU governor, Valeriy Lytvytsky, has said.

Ukrzaliznytsia facilitates document system, payments for shipments of transit freights

14:19

09.02.2012

The State Railway Administration of Ukraine (Ukrzaliznytsia) has introduced an automated frontier system, which will reduce the time needed to get freight across the border and allow the start of electronic document exchange with bodies of the State Customs Service of Ukraine.

Milk Alliance from February 9 suspends cheese production at Pyriatyn cheese plant

14:18

09.02.2012

Milk Alliance Holding, one of the largest dairy producers in Ukraine, from February 9 suspended cheese production at Pyriatyn cheese plant due to a Russia's ban on the supply of the company's products to the country.

Ukraine could increase meat production by 5% in 2012, says ministry

14:18

09.02.2012

Meat production in 2012 in Ukraine could grow by 5.3% compared to 2011, to 2.26 million tonnes, according to projections of the Agrarian Policy and Food Ministry of Ukraine.

Royal Burger chain to open six fast food restaurants in 2012, enter Kyiv market in 2013

19:07

08.02.2012

Krymbin Group LLC (Ivano-Frankivsk), which is developing the Royal Burger fast food restaurant chain in Ukraine, plans in 2012 to open up to six of its own and franchised restaurants in Western Ukraine, while today the chain includes two outlets, Manager for Royal Burger Chain Development Vadym Halchak has told Interfax-Ukraine.

Ukrsotsbank to outsource its IT infrastructure management to IBM

18:58

08.02.2012

PJSC Ukrsotsbank (Kyiv) has agreed with IBM Corporation (the United States) on a transfer of its IT infrastructure to outsourcing, according to a company press release.

Land sales in Kyiv region 41% down in January

18:57

08.02.2012

Some 587 land sale and purchase deals were signed in Kyiv region in January 2012, which is 41.1% down on December 2011, while the decline in December 2011 was 6.3% compared to November 2011, SV Development has told Interfax-Ukraine.

Media Group Ukraine launches two trial TV channels

16:39

08.02.2012

The Media Group Ukraine has launched trial versions of the Kinotochka and NLO-TV channels, the company's director general, Fedir Oharkov, announced on February 7.

AeroSvit, JATM agree on program of flights between Ukraine and Japan for 2012

16:36

08.02.2012

AeroSvit and Japan Air Travel Marketing (JATM) have agreed on a program of long-haul flights between Ukraine and Japan in 2012, the director for charter transportation at AeroSvit, Yevhen Khainatsky, said at a meeting with JATM in Kyiv on Wednesday.

Ukraine wants to introduce obligatory gluten-free labeling of foodstuff

12:18

08.02.2012

The Ukrainian parliament is planning to oblige food producers to mark their products if they do not contain gluten.

NBU expands investment in government securities by 38.4% in 2011, narrows investment in securities of non-residents by 1.5%

14:38

07.02.2012

The National Bank of Ukraine (NBU) in 2011 increased its investment in government securities by 38.4%, to UAH 75.977 billion (17.4% of the total value of assets), according to a central bank report.

Gas transit through Ukraine to Europe down almost 12% in January

14:38

07.02.2012

The amount of natural gas transiting Ukraine and bound for Europe decreased 11.93%, or by 1.247 billion cubic meters (bcm), year-on-year to 9.208 bcm in January.