Breaking news

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.

DUPD buys 38 houses in Kyiv region for $12.4 m

14:38

04.03.2009

Dragon Ukrainian Properties and Development Plc (DUPD), a fund for investing in Ukrainian real estate, has finalized a deal on the acquisition of 38 cottages in a new estate located three kilometers away from Kyiv and 13 kilometers from downtown Kyiv for $12.433 million.

Ukrainian President signs law to improve financial mechanisms for investment in housing construction

13:50

04.03.2009

Ukrainian President Viktor Yuschenko has signed law No. 692-VI "On amending some legislative acts of Ukraine regarding the improvement of the financial mechanisms for investment in housing construction," the official Web site of the Ukrainian president reported on Monday.

Slavutych brewery from Uman distillery stop production, sales and advertisement of products with capsules in bottles

12:15

04.03.2009

One of the largest beer producers in Ukraine, OJSC Slavutych brewery, has asked Uman distillery in Cherkasy region to stop the production, sale and advertisement of products with capsules with money in bottles.

Deficit of Ukraine's foreign trade in February is $276.2 m, says economy ministry

11:41

04.03.2009

Exports of goods from Ukraine in February 2009 grew compared to January by 2.2%, to $2.5 billion, while imports fell by 10%, to $2.8 billion.

Agriculture Ministry offers to create special commission to check wine production

17:50

03.03.2009

The Agriculture Ministry of Ukraine has offered to create a special commission to make checks on wine production, according to a draft law posted on the Web site of the ministry.

NBU decides to introduce its curators tat Ukrgasbank and SotsCom Bank

17:49

03.03.2009

The National Bank of Ukraine (NBU) has decided to introduce its curators at Ukrgasbank (Kyiv) and SotsCom Bank (Odesa), according to the Kommersant-Ukraine newspaper, referring to a source at the NBU.

Pension Fund gets UAH 2 b less in February because of bankruptcy of some enterprises

17:47

03.03.2009

The debt to the Pension Fund of Ukraine in February exceeded UAH 2 billion because of the bankruptcy of a number of metallurgical and industrial enterprises, according to Oleksiy Zarudny, the board chairman in the Pension Fund,.

Roshen to receive permits to build second factory in Russia by late 2009, postpones construction of factory in Vinnytsia

15:38

03.03.2009

Roshen Confectionary Corporation, a large confectionary in Ukraine, plans by late 2009 to receive permits to build a second factory in Lipetsk (Russia).

Hryvnia rate in 2009 to be UAH 7.5-9/$1, says Raiffeisen Bank Aval

15:37

03.03.2009

The hryvnia exchange rate in 2009 is expected at UAH 7.50-9 per $1, Volodymyr Lavrenchuk, the board chairman in Raiffeisen Bank Aval, forecasts.

State to capitalize only banks with provisionary administration, says resolution

13:41

03.03.2009

The state is to take part in the capitalization of only those banks where provisionary administration has been introduced.

Production of goods and services in Ukraine in January falls by 33.2%, says economy ministry

12:02

03.03.2009

The index for the production of goods and services in key types of economic activities in Ukraine in January 2008 fell by 33.2%, according to a monthly macroeconomic survey drawn up by the Economy Ministry and published on Monday.

AMCU opens second case against Volia-Cable

11:02

03.03.2009

The Antimonopoly Committee of Ukraine (AMCU) has opened a case against Kyiv-based CSJC Volia-Cable for misuse of monopoly on the Kyiv cable television market.