Breaking news

Coca-Cola buys Ukraine's Zaporizhia Beverage Plant

18:50

26.02.2009

Coca-Cola has acquired Zaporizhia Beverage Plant in Ukraine, which specializes in the production of Yarylo kvas (a lightly fermented traditional beverage), Douglas Hill, director of Coca-Cola Beverages Ukraine, said at a forum in Kyiv on Thursday.

Ukraine's government to lift restrictions on purchase price of 2008 harvest grain for Agrarian Fund

16:13

26.02.2009

Ukraine's government is to permit the Agrarian Fund to buy grain harvested in 2008 without price restrictions.

Petrol stocks at Ukraine's fuel stations 8% up in January

16:13

26.02.2009

Petrol stocks at Ukrainian fuel stations in January 2009 grew by 7.7% compared to December 2008, to 138,900 tonnes, while diesel fuel stocks grew by 3.8%, to 62,100 tonnes, according to the State Statistics Committee.

Average wages in Ukraine 9.4% up in January

16:12

26.02.2009

Average wages in Ukraine rose by 9.4% in January 2009 compared to January 2008, while they fell by 16.8% in December 2008, to UAH 1,665, the State Statistics Committee said on Thursday.

Share of bad credits by February 2009 grows to 2.44%, says NBU

14:40

26.02.2009

The share of bad debts in the total volume of credits issued by Ukrainian banks in January 2009 grew by 0.17 percentage notches, to 2.44%, the National Bank of Ukraine (NBU) has reported.

Studio 1+1 sees net income fall under IFRS by 23% in 2008

14:14

26.02.2009

The Ukrainian 1+1 TV channel in 2008 saw its net income from sales under the International Financial Report Standards (IFRS) fall by 23% year-over-year, to $96.6 million, according to a report of Central European Media Enterprises Ltd. (CME), the owner of the Ukrainian TV channel.

SBK brick producer to suspend investment in new projects in 2009, to concentrate on development of existing facilities

13:39

26.02.2009

Kyiv-based CJSC Slobozhanska Budivelna Keramika (SBK), a leading brick producer in Ukraine, in 2009 will suspend investment in new projects and concentrate on the development and upgrade of its existing facilities.

Russian Funds to develop Mobilochka Ukrainian chain

13:12

26.02.2009

Russian Funds Investment Group (Russia) has signed an agreement on a strategic partnership with the Mobile Synergy Group to develop the Mobilochka Ukrainian mobile phone and electronics chain.

Zaporizhia authorities in talks with EBRD on EUR 15 m credit to develop energy saving technologies

17:42

25.02.2009

Zaporizhia's authorities are in talks with the European Bank for Reconstruction and Development (EBRD) on issuing a EUR 15 million credit to develop energy saving technologies, Zaporizhia Mayor Yevhen Kartashov said at a meeting of the city council on Wednesday.

Lafarge to invest EUR260 m in Ukraine cement plant

17:42

25.02.2009

French Lafarge will invest 260 million euro to build a cement plant in Lviv region, its second in Ukraine, the regional administration said on its web site, citing administration head Mykola Kmyt. Investment in 2009 will total about 50 million euro.

Ukrspyrt starts industrial production of biofuel at Lokhvytsia distillery

16:00

25.02.2009

Ukrspyrt, the state concern of the alcohol and liquor industry, has started the industrial production of biofuel at state enterprise Lokhvytsia distillery (Poltava region), according to a press release of the concern.

Lviv region may attract $300 m in DFI in 2009, regional administration head says

15:59

25.02.2009

The head of Lviv regional state administration, Mykola Kmyt, hopes that this year the region will succeed in attracting no less than $300 million in direct foreign investment into its economy.

Belgian investors interested in Ukrainian construction sector, says ministry

15:58

25.02.2009

Large Belgian companies are interested in the possibility of investing in the Ukrainian construction sector, the press service of the Ukrainian Construction and Regional Development Ministry has reported, referring to the results of a meeting between Construction and Regional Development Minister Vasyl Kuybida and Belgian Ambassador to Ukraine Marc Vinck.

S&P downgrades Ukraine, outlook negative

14:12

25.02.2009

Standard & Poor's has lowered Ukraine's sovereign long-term and short-term foreign currency issuer ratings to "ССС+/С" from "B/B", and local currency rating to "В-/С" from "В+/В", the agency said in a press release.

AMCU opens case against Krebo, LUK-Avia Oil and Ukrtatnafta

13:01

25.02.2009

The Antimonopoly Committee of Ukraine (AMCU) has opened a case against CJSC Krebo joint Ukrainian-Dutch company (Kremenchuk in Poltava region), LUK-Avia Oil Ltd. (Boryspil in Kyiv region) and CJSC Ukrtatnafta (the Kremenchuk oil refinery, Poltava region) concerning the signs of misuse of monopoly as a part of an investigation into a situation with a rise in the price of aviation fuel.