Breaking news

LUKOIL to halt Odesa oil refinery for repairs for 1.5 months

16:05

27.01.2010

OAO LUKOIL on January 28 will halt the Odesa oil refinery for a planned overhaul that will take about one-and-a-half months, according to LUKOIL's press service.

Ukraine plans to borrow abroad in April-May – Finance Ministry

15:59

27.01.2010

Ukraine plans to borrow on the foreign market in April-May and has already began talks on the matter, acting Finance Minister Ihor Umansky said.

Average wage in Ukraine 5.5% up in 2009

14:56

27.01.2010

The average wage in Ukraine in 2009 grew by 5.5% compared to 2008, to UAH 1,906, according to the State Statistics Committee.

St Sophia Homes resumes construction of Hilton hotel in Kyiv

14:55

27.01.2010

Kyiv-based St Sophia Homes Group in late December 2009 resumed construction of a 24-storey hotel complex with apartments at 28/30 Shevchenko Avenue in Kyiv, with the operator of the hotel being Hilton Hotels Corporation.

Construction Ministry to introduce projects for houses with low energy consumption in Ukraine

13:54

27.01.2010

The Regional Development and Construction Ministry has drawn up recommendations for the introduction of projects to build houses with minimum energy consumption, the ministry's press service reported, referring to Regional Development and Construction Minister Vasyl Kuybida.

Ukraine exports 15 m tonnes of grain since start of 2009/2010 MY

16:58

26.01.2010

Ukraine since the start of the current marketing year (MY, July 2009-June 2010) and as of January 25, 2010 had exported 14.9 million tonnes of grain, which is 9.3% up year-on-year, a source at the Agriculture Ministry of Ukraine has told Interfax-Ukraine.

Smart-holding enters World Economic Forum

16:58

26.01.2010

Smart-holding in 2010 became an industrial partner of the WorldEconomic Forum (WEF), the 40th meeting of which will be held in Davos (Switzerland) under the theme "ImprovetheStateoftheWorld: Rethink, Redesign, Rebuild," according to a press release of the company.

NBU determines forms of activity on interbank currency market for Q1, 2010

14:12

26.01.2010

The National Bank of Ukraine (NBU) has determined the forms of its activities on the interbank currency market in the first quarter of 2010, according to an NBU letter to banks.

Oschadbank buying ATMs worth UAH 12.7 m

14:12

26.01.2010

The State Savings Bank of Ukraine (Oschadbank, Kyiv) is buying 87 ATMs worth a total of UAH 12.7 million from Lanit-IV com Ltd. (Kyiv) and Renome-smart Ltd. (Rivne), reads a report in the Visnyk Derzhavnykh Zakupivel bulletin.

SCM to pay more attention to mining and metals sector, introducing division director post

13:45

26.01.2010

Donetsk-based System Capital Management (SCM), the largest financial and industrial group in Ukraine, plans to pay more attention to the mining and metals business, introducing the post of director for the development of the mining and metals division of the group and appointing Amir Aisautov to the post.

JKX Oil&Gas to issue additional shares worth $61 m to finance projects in Russia, Ukraine

12:59

26.01.2010

British-based oil and gas producer JKX Oil & Gas with assets in Ukraine and Russia will place additionally issued shares worth £37.8 million British pounds sterling ($61 million) to finance projects in Russia and Ukraine, reads a company report.

Local authorities should reserve land for affordable housing construction, development ministry says

16:49

25.01.2010

Ukraine's local authorities should provide reserve land plots for the construction of affordable housing with the obligatory indicating the plots in locality general plans and make decision to avoid the construction of other objects on the plots, the press service of the Regional Development and Building Ministry has reported.

Akhmetov's foundation donates UAH 2 m to help injured and families of those killed in explosion at Luhansk hospital

16:47

25.01.2010

The Supervisory Council on rendering aid in the wake of the explosion at Luhansk hospital No.7 took a decision at its sitting on Friday to distribute funds to the families of those killed and injured in the explosion, as well as to equip a pulmonary department at the hospital.

Kyiv PGO arrests property of suspects in Nadra Bank case worth over UAH 500 m

15:56

25.01.2010

Kyiv Prosecutor General's Office has arrested the property of suspects in a case involving Kyiv-based Nadra bank worth over UAH 500 million, reads a posting on the Web site of the Kyiv Prosecutor General's Office.

Ukraine, Germany drawing up terms for cooperation in use of Ukrainian-made radar installations in TerraSAR-X space project

13:43

25.01.2010

The Ukrainian National Space Agency and the German Aerospace Center (DLR) have agreed on cooperation in the use of Ukraine's space control and analysis system, which exploits Ukrainian radar installations in Sevastopol and Mukacheve, in order to prevent collisions of the German TerraSAR-Х Earth Observation satellite with other objects in space.