Breaking news

Ukraine's economy may rebound relatively quickly in 2010, says Standard & Poor's

13:43

06.03.2009

Ukraine's economy may rebound "relatively quickly" next year after a sharp contraction in 2009, helped by exports, according to Frank Gill, Standard & Poor's primary credit analyst.

Parliament adopts law on organization of statistical observation

13:41

06.03.2009

The Ukrainian parliament has adopted a law on the organization of statistical observation, with a total of 354 out of 435 MPs registered in the hall voting in favor.

Discounts during bargaining on secondary real estate market in Kyiv in February reach 37% of price, say experts

13:40

06.03.2009

Discounts by vendors during the signing of real deals on the secondary real estate market in Kyiv in February 2009 reached 37% of the price on average.

Economy Ministry cuts oil and gas condensate royalties by 2.8% in February

13:40

06.03.2009

The correcting coefficient for calculating oil and gas condensate royalties in February was 0.4261, which was 2.8% up compared to January's indicator, the Economy Ministry of Ukraine, which calculates the coefficient, said on Thursday.

Ukraine's parliament legally defines barter transactions in foreign economic activities

13:40

06.03.2009

The Ukrainian parliament has amended the law on regulation of commodity exchange (barter) transactions in the foreign economic activities sphere.

Pension Fund refuses from cooperation with ten banks

19:08

05.03.2009

The Pension Fund of Ukraine has refused from cooperation with ten Ukrainian banks, the treasury of one of the system banks has told Interfax-Ukraine.

Oschadbank to perform financial assistance for single electronic ticket system

19:07

05.03.2009

Financial operations linked with the sale of tickets according to the single electronic ticket system will be performed through Oschadbank (Kyiv), Transport and Communications Minister Yosyp Vinsky has told journalists at a briefing in Kyiv.

Mostobud to stop construction of bridges across Dnipro in Kyiv and Zaporizhia if debts not paid by state

17:26

05.03.2009

OJSC Mostobud (Kyiv), the largest bridge construction company in Ukraine, which is the general contractor of the construction of the Podilsky bridge in Kyiv and a bridge across the Dnipro in Zaporizhia, does not exclude it could stop construction if the state does not pay a debt of UAH 250 million, the company said, citing Volodymyr Prodyvus, the head of its supervisory council, in a report in the Delo newspaper.

Approved increase in railway fares not enough to solve railways' problems, Vinsky says

17:25

05.03.2009

The planned increases in fares for railway passenger transportation approved in late February 2009 are not enough to solve the problem of railway passenger transportation in Ukraine, Transport and Communication Minister Yosyp Vinsky has said.

Ukrzaliznytsia puts on 23 additional trains for March 8

17:24

05.03.2009

The State Railway Administration of Ukraine (Ukrzaliznytsia) is to put on 23 additional trains for the period from March 5 to March 9 because of the March 8 holiday.

Cabinet proposes to increase compensation from 2009 budget to Naftogaz by UAH 6.11 b

13:57

05.03.2009

The Ukrainian cabinet has proposed to increase the compensation for the difference between the purchase price of imported natural gas and the price charged to heat supply companies and budget organizations from the 2009 national budget to the national JSC Naftogaz Ukrainy by 4.8 times, or by UAH 6.11 billion, to UAH 7.725 billion.

Introduction of 13% extra charge on import duty to be challenge for Ukrainian customs service, says service head

12:22

05.03.2009

The introduction of the law on amendments to some Ukrainian laws to improve the state of Ukraine's balance of payments due to the international financial crisis, which foresees the imposition of a 13% extra charge on import duty, will be a challenge for the Ukrainian customs service, according to Anatoliy Makarenko, the head of the State Customs Service of Ukraine.

Cabinet proposes to introduce 2% duty on fuel, return to 2% duty on natural gas

11:47

05.03.2009

The Ukrainian government has proposed to impose a 2% extra duty charge on fuel from all consumers and again increase the extra charge on the present tariffs for natural gas for budget organizations from a zero to 2%.

Kriukivsky railcar building plant doubles net profit in 2008

11:00

05.03.2009

OJSC Kriukivsky railcar building plant (Kremenchuk, Poltava region), one of Ukraine's leading railway car producers, in 2008 tentatively saw UAH 399.994 million in net profit, which is twice more year-over-year (UAH 199.935 million).

EBRD to conduct transactions under Chornobyl programs through Raiffeisen Bank Aval’s accounts, says NBU resolution

10:02

05.03.2009

The European Bank for Reconstruction and Development (EBRD) would conduct transactions in hryvnias under Chornobyl programs in Ukraine through accounts at Kyiv-based Raiffeisen Bank Aval.