Breaking news

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.

VS Energy wins tender for sale of 45% in Chernivtsioblenergo, offers UAH 70 m

14:37

07.02.2012

LLC VS Energy International Ukraine (a subsidiary of VS Energy) won a tender on Tuesday for the sale of 45% stake in regional power supply company Chernivtsioblenergo by offering UAH 70 million (around $8.8 million) for the packet.

Difficulties in supplies of Ukrainian grain to Iran linked to payments, says minister

14:33

06.02.2012

Ukrainian grain traders are having difficulties with payments for supplies of grain to Iran, although the problem does not require the intervention of the state, Agrarian Policy and Food Minister Mykola Prysiazhniuk has said.

Cypriot firm Trotio Holdings could up share in UGMK metal trader to controlling stake

14:33

06.02.2012

Cypriot company Trotio Holdings Limited, which in the second quarter of 2011 built up a 47.5% stake in private joint-stock company Ukrainian Mining and Metallurgical Company (UGMK, Kyiv), one of the largest companies in Ukraine providing metallurgical services, could increase its stake to a controlling one, the Antimonopoly Committee of Ukraine reported last week.

Agrotrade postponing IPO due to unfavorable situation on market, says director general

14:32

06.02.2012

The Agrotrade agro-industrial group has postponed an initial public offering (IPO) scheduled for autumn 2011 due to there being an unfavorable situation on the market, Agrotrade Director General, Vsevolod Kozhemiako, has said in an interview with the Invest Gazeta publication.

VS Energy expects special metal market improve in 2012

14:32

03.02.2012

The situation on the special metal market in the first quarter of 2012 is unfavorable for Dniprospetsstal, although in future quarters it should improve, the president of VS Energy International, Mykhailo Spektor, has said.

Altcom launches crushed stone plant in Rivne region

14:31

03.02.2012

Neftecom Oil Ltd. (Rivne region), which is part of the Donetsk-based Altcom financial and industrial group, has launched a crushed stone plant on the basis of the Zaverichie quarry in Rivne region, which has an average production capacity of 180,000 tonnes of stone per hour, reads a posting on the group's Web site.

Sale of 50% stake in Vinnytsiaoblenergo fails due to lack of quorum for tender commission

14:31

03.02.2012

The holding of a privatization tender to sell a 50% stake in regional electricity supply company Vinnytsiaoblenergo on Friday was a failure due to a lack of quorum for the tender commission, the press service of the State Property Fund of Ukraine (SPF) has told Interfax-Ukraine.

Grain harvest in Ukraine in 2012 could drop by almost 25%, say experts

14:31

03.02.2012

The grain and bean harvest in Ukraine this year could be 42.6 million tonnes in bunker weight, which is almost 25% down on 2011, according to experts from the ProAgro information company.

List of IPs attempting to block president's Web site passed to law enforcers, says special communications service

19:36

02.02.2012

A list of all the IP addresses from which attempts to attack the Web site of the Ukrainian president were made has been passed to law enforcers, the press service of the State Service for Special Communications and Information Protection told Interfax-Ukraine.

Reikartz creates new low-cost hotel brand in Ukraine

19:33

02.02.2012

Reikartz Hotels & Resorts, which is developing a chain of three- and four-star hotels in Ukraine, has announced the launch of the Raziotel low-cost hotel brand, according to Reikartz Hotels & Resorts COO Sebastian Kraemer.

Ukrzaliznytsia suspends goods exports to CIS and Baltic states for sake of domestic shipments

19:32

02.02.2012

The State Rail Transport Administration (Ukrzaliznytsia) has temporarily stopped export shipments to the CIS and Baltic states in connection with the need to ensure domestic transportation.

Kyiv ranked 8th among 23 key global cities in growth of luxury residential prices in 2011, say experts

14:32

02.02.2012

Kyiv, with a rise of 7.5% in luxury residential prices in 2011, was ranked eighth among 23 key global cities, reads a press release of Knight Frank, referring to the Knight Frank Prime Global Cities Index, which tracks the performance of the world’s leading luxury residential markets.