Breaking news

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.

Ecoinvestbud commissions first stage of Brest-Lytovsky residential complex

11:31

05.01.2010

Ecoinvestbud Ltd. (Kyiv), which is the developer of the Brest-Lytovsky residential complex in the village of Chaiky (Kyiv region), on December 29-30, 2009, commissioned the first stage of the complex, according to a press release of OJSC Kreditprombank, which is the manager of the fund financing the complex's construction.

Tax administration trying to exert more fiscal pressure on taxpayers, says Ukrainian Credit-Banking Union

15:30

04.01.2010

The State Tax Administration of Ukraine (STAU) is initiating legislation to exert more fiscal pressure on taxpayers by resuming the writing off of assets without a bank client's consent, the press service of the Ukrainian Credit-Banking Union (UCBU) reported.

UAH 9.8 billion spent on budget programs financed from stabilization fund in 2009, economy ministry reports

14:25

04.01.2010

A total of UAH 9.8 billion was spent on budget programs financed from the stabilization fund of the 2009 national budget as of December 21, 2009, the Ukrainian Economy Ministry has reported on its official Web site.

Law on wholesale agricultural markets becomes effective as of January 1

13:55

04.01.2010

A law on wholesale agricultural markets came into effect in Ukraine on January 1, 2010.

LSE renews trading of shares in XXI Century developer

15:51

31.12.2009

The London Stock Exchange (LSE) renewed trading on Thursday of shares in XXI Century Investments, the holding of the Ukrainian development group XXI Century, the LSE said in a statement.

Gazprom suspends litigation with Naftogaz Ukrainy at Stockholm Arbitration Institute

15:50

31.12.2009

Gazprom has suspended its litigation with Naftogaz Ukrainy at the Arbitration Institute of the Stockholm Chamber of Commerce over alleged violation of contractual terms on transiting natural gas to Europe by Naftogaz.

Kyivmetrobud, Kyivmiskbud are candidates for construction of first stage of Livoberezhna line of Kyiv’s subway

14:49

31.12.2009

OJSC Kyivmetrobud and Kyivmiskbud Holding are taking part in a tender to select chief builder of a first stage of the Livoberezhna subway line (Troyeschyna-Osokorky) in Kyiv from Myloslavska Street to Livoberezhna subway station.

Yuschenko signs law protecting state-owned mines from bankruptcy until 2013

14:47

31.12.2009

President Viktor Yuschenko has signed a law imposing a ban on opening bankruptcy cases against mining enterprises with a state stake exceeding 25% until January 1, 2013, according to a statement posted on the official presidential Web site.

Minimum pension to total UAH 630.4 in Ukraine in January 2010, says Labor Ministry

18:01

30.12.2009

Non-working retired persons who received a minimum pension in December and additional payment for November will receive a pension of not less than UAH 630.4 in January, the press service of Ukraine's Labor Ministry reported on Tuesday.

Prices of alcohol to grow by 15% in Q1, 2010, says Ukrvodka

18:00

30.12.2009

The Ukrvodka Association has forecasted that the prices of vodka and liquors in the county in the first quarter of 2010 will grow by 15%, as distilleries will increase prices.

Retail fuel prices in Ukraine rise 10 kopecks over last week

17:45

30.12.2009

The price of all types of fuel in the retail segment of the Ukrainian market from December 22 to December 29 grew by UAH 0.08-0.11 per liter, the A-95 consulting group (Kyiv) told Interfax-Ukraine on Tuesday.

Vega to launch IPTV in Odesa in 2Q, 2010

17:42

30.12.2009

The Vega telecommunications group is intending to launch an Internet television service (IPTV) in Odesa in the second quarter of 2010, OJSC Farlep-Invest Director General Yuriy Chuikov said in an interview with Interfax-Ukraine. OJSC Farlep-Invest is the managing company of Vega Group.