Breaking news

Finance ministry predicts stabilization of dollar exchange rate in Ukraine in near term

14:48

13.01.2010

The dollar exchange rate to the hryvnia will stabilize in the near term, according to the acting finance minister, Ihor Umansky.

Retail fuel prices in Ukraine rise 26-32 kopecks since late 2009

17:06

12.01.2010

The price of all types of fuel in the retail segment of the Ukrainian market from December 29, 2009, to January 12, 2010, grew by UAH 0.26-0.32 per liter, the A-95 consulting group (Kyiv) told Interfax-Ukraine on Tuesday.

Developers to construct mainly economy class housing in 2010

17:05

12.01.2010

Developers are likely to construct mainly economy class housing in 2010 due to the decrease in demand for more expensive housing, Archimatika Group (Kyiv) Director Oleksandr Popov has said.

Cabinet proposes to introduce tax on property, 'ordinary prices' mechanism by 2011

14:33

12.01.2010

The introduction of a tax on property, an "ordinary prices" mechanism, an increase in gambling business taxation, the drafting and introduction of the Tax Code of Ukraine, reformat of laws on land fees and the improvement of methods for the administration of taxes and duties with a priority for VAT is foreseen in the first stage of the reform of the tax system during 2010-2011.

Average annual hryvnia exchange rate in 2010 could be UAH 8/$1, says expert

14:32

12.01.2010

The average annual hryvnia exchange rate in 2010 could be around UAH 8/$1, according to the board chairman of Kyiv-based VAB Bank, Petro Baron.

Canada gives evidence of dumping imports of Ukrainian steel

13:56

12.01.2010

Canada has established that there have been dumping imports of thick-sheet, hot-rolled, cutoff rolled metal made of carbon and high-strength low-alloy steel made in Ukraine, Canadian authorities have reported.

Ukraine cuts sugar output from 2009 beet harvest 19.3%

13:54

12.01.2010

Ukrainian sugar refineries produced 1.27 million tonnes of sugar from the 2009 sugar beet harvest according to provisional data, 19.3% less than the sugar output from the 2008 harvest, the national association of sugar producers, UkrTsukor, told Interfax.

Tymoshenko vows to complete two reactors at Khmelnytsky NPP in five years

18:53

11.01.2010

Ukrainian Prime Minister and presidential candidate Yulia Tymoshenko has promised that the construction of two nuclear reactors at Khmelnytsky Nuclear Power Plant (NPP) will be completed within five years.

Ukraine can build nuclear fuel-making plant by 2012 – PM

18:53

11.01.2010

Ukraine will be able to build a full-cycle nuclear fuel manufacturing plant by 2012 if it raises the money needed for this, Prime Minister Yulia Tymoshenko said on Monday, putting the sum at $200 million.

Average rent rates in US dollars in Kyiv 28% down in 2009

17:01

11.01.2010

The average rent rates for one-, two- and three-room apartments in Kyiv in 2009 fell by 27.88%, to an average of $438, according to a press release of Kyiv-based SV Development consulting company.

Average price per sq m of secondary housing in Kyiv in US dollars 27% down in 2009

17:01

11.01.2010

The average price per square meter for a one- to three-room flat on the secondary housing market in Kyiv in U.S dollars from January 1 until December 31, 2009 fell by 27.16%, to $1,673 per square meter, according to a press release of Kyiv-based SV Development consulting company.

Pension Fund declares increase in duty on foreign currency exchange transactions to 0.5% in 2010

15:59

11.01.2010

The duty of the Pension Fund of Ukraine from transactions on the sale and purchase of non-cash foreign currency from 2010 is to grow from 0.2% to 0.5%, as the law on the national budget for 2010 has not been approved.

Ukrtatnafta starts producing Euro-3 petrol

15:58

11.01.2010

CJSC Ukrtatnafta, which exploits the Kremenchuk oil refinery (Poltava region), in late December 2009 launched production of petrol with no more than 0.015% sulfur content, which is in line with the Euro-3 standard.

SPF appeals against court ruling on return of bid deposit for Odesa port-side plant

13:50

05.01.2010

The State Property Fund (SPF) has appealed against a ruling of Kyiv Economic Court of December 14 on returning a bid deposit of UAH 400 million for participating in a tender to sell OJSC Odesa port-side chemical plant, which failed on September 29, 2009, to Frunze-Flora Ltd. (Sumy), according to the Sumy-based company.

LEMMA accepts fire risks of Ambassador hotel in Jerusalem for reinsurance

12:40

05.01.2010

LEMMA insurance company (Kharkiv) has accepted for reinsurance the fire risks of the Ambassador hotel, which is one of the first hotels constructed in East Jerusalem (Israel), according to an insurer's press release.