Breaking news

NERC issues five-year licenses on electricity and heat energy generation to Ukrinterenergo

14:11

12.03.2009

The National Electricity Regulatory Commission of Ukraine (NERC) has issued five-year licenses on electricity and heat energy generation at co-generation plants using non-traditional or renewable energy sources to Ukrinterenergo state company.

Ukraine's cabinet to consider recapitalization of banks with NBU curators

13:21

12.03.2009

The Ukrainian government is to consider the recapitalization of certain banks using budget funds if curators or provisionary administrations from the National Bank of Ukraine (NBU) are introduced in these banks, Ukraine's first deputy finance minister, Ihor Umansky, told the press in Kyiv on Wednesday.

SMI slightly relaxes requirements to solvency of borrowers on mortgage credits

12:00

12.03.2009

The ceiling ratio of occasional expenses of borrowers to service their debts on mortgage credits to the net total income of borrowers over a certain period of time should be no more than 45%, while earlier the figure was 40%.

Ukraine's cabinet, IMF reach agreements in cutting country's budget deficit in 2009

10:57

12.03.2009

The Ukrainian government and the International Monetary Fund (IMF) have reached a preliminary agreement on the drawing up some measures aimed at cutting the deficit of the national budget for 2009, the International Monetary Fund's permanent representative to Ukraine Max Alier said at a briefing in Kyiv on Wednesday.

Bogdan Corporation almost halves car output in two months

14:38

11.03.2009

Bogdan Corporation, one of the largest players on the car manufacturing market in Ukraine, in January to February 2009 cut car production by 2.9 times or by 7,695 cars year-over-year, to 4,032 cars.

Mariupol Illich steel mill director general denies there are plans to sell or nationalize company

13:02

11.03.2009

The director general of Mariupol Illich steel mill, the largest Ukrainian steel mill (Donetsk region), Volodymyr Boiko, has said that he does not see any need to nationalize the company and that there are no plans to sell it.

Luhansk region considering construction of wind power plant

12:14

11.03.2009

Luhansk region is considering constructing a wind power plant, Mykhailo Malevany, deputy director general of Luhansk energy Amalgamation Ltd., has said.

Ukrainian banks prolong 50% of credits requiring postponement to farmer, says ministry

11:03

11.03.2009

Ukrainian banks as of March 10 prolonged credits worth UAH 2 billion to farmers, which is 50% of total credits requiring postponement.

AvtoKrAZ resumes main facilities' operations from March 10

14:26

10.03.2009

AvtoKrAZ holding company, Ukraine's only producer of heavy-duty trucks, resumed its operations from March 10, the company's press secretary, Dina Stehantseva, has told Interfax-Ukraine.

Yuschenko signs NSDC decision on privatization of Dniproavia

13:26

10.03.2009

Ukrainian President Viktor Yuschenko has signed a decision of the National Security and Defense Council (NSDC) of February 20, which instructs the government to take measures to privatize a state stake in OJSC Dniproavia.

DCH considering purchase of interesting real estate

12:18

10.03.2009

Development Construction Holding (DCH), which was founded to manage the assets of Ukrainian businessman and the co-owner of UkrSibbank Oleksandr Yaroslavsky, is considering the purchase of real estate.

Energoatom cuts electricity generation by 14% in January and February

10:57

10.03.2009

Nuclear power plants of the National Nuclear Generating Company Energoatom in January and February 2009 tentatively cut electricity generation by 14.1% or by 2.412 billion kWh year-on-year, to 14.682 billion kWh, Energoatom told Interfax-Ukraine last week.

Rada to restrict sale and consumption of low-alcohol drinks and beer

18:45

06.03.2009

The Verkhovna Rada, Ukraine's parliament, has proposed to restrict the consumption and sale of low-alcohol drinks.

German low-cost carrier Germanwings to launch Cologne/Bonn-Kyiv on May

18:44

06.03.2009

Germany-based low-cost carrier Germanwings is to launch a regular Cologne/Bonn-Kyiv flight as of May 16, the company's press service reported on Friday.

Experts not forecasting significant decrease in house prices in Kyiv region

18:43

06.03.2009

There is unlikely to be a significant decrease in prices for houses in Kyiv region in the next 1 to 2 years, Serhiy Yeliseyev, the director general of the Europe development company (Kyiv), has said.