Breaking news

Ukraine stockpiles 5 m tonnes of coal, 27 bcm of gas, Tymoshenko says

18:44

24.02.2009

Coal stocks in the state reserves have reached 5 million tonnes, and natural gas stocks in the country's underground storage facilities are 27 billion cubic meters, Ukrainian Premier Yulia Tymoshenko said at a meeting with the heads of regional councils in Kyiv on Tuesday.

Parallel and Germes filling station operators to merge by April

17:18

24.02.2009

Donetsk-based Parallel-M Ltd., a large fuel retailer in eastern part of Ukraine, has announced a merger with Donetsk-based Germes Company, a filing station operator using the Gefest brand.

NERC reviews tariffs for heat producers because of price growth

17:17

24.02.2009

The National Electricity Regulatory Commission of Ukraine has increased the tariffs of heat energy producers supplying industrial consumers and budget organizations Kyivenergo, Zaporizhia aluminum plant (ZAlK), Dnipropetrovsk-based Petrovsky metallurgical plant and the number of other licensees, due to the growth of price for natural gas.

Ukraine may create Biofuel and Renewable Energy state concerns

16:05

24.02.2009

The National Agency on the Effective Use of Energy Resources (NAER) jointly with interested authorities, is to study the practicability of creating the state concerns Biofuel of Ukraine and Renewable Energy of Ukraine.

Pepsi invests over $35 m in development of Ukraine's Sandora

16:04

24.02.2009

The Pepsi Company has invested over $35 million in the development of Sandora Ltd. (Mykolaiv region), Ukraine's largest juice producer.

Poland doing well in preparations for UEFA Euro 2012 soccer tournament – Polish sports minister

12:59

24.02.2009

The work being carried out in Poland ahead of the UEFA Euro 2012 Soccer Championship, due to be co-hosted by Poland and Ukraine, is on track and some elements are ahead of schedule, Polish Sport Minister Miroslaw Drzewiecki said in an interview with news channel TVN24 Tuesday.

Moody's puts Ukraine's key ratings on review for possible downgrade

12:09

24.02.2009

Moody's Investors Service has put the Republic of Ukraine's foreign and local currency government bond ratings (B1) and the foreign currency country ceilings for bonds (Ba3) and bank deposits (B2) under review for possible downgrade, the agency said in a press release.

Gas volumes to be bought by Naftogaz from Gazprom to be adjusted by July 1

11:12

24.02.2009

Gas volumes, which the national JSC Naftogaz Ukrainy obliges to buy from Gazprom, would be adjusted by July 1, 2009, Naftogaz representative Ihor Didenko has said in an interview with the Dzerkalo Tyzhnya newspaper.

Energy consumption in Ukraine 12-15% down on 2008

18:12

23.02.2009

The decrease in energy consumption in Ukraine in the middle of February 2009 compared to 2008 was 15.6%, while a week ago the indicator was 12.2%, according to data from Energomarket.

EU likely to inspect Ukraine's poultry factories in 2009

18:11

23.02.2009

Ukraine hopes that this year European specialists will inspect its poultry factories and give them the right to export poultry to European Union countries, Petro Verbytsky, the chairman of Ukraine's state veterinary medicine committee, told journalists in Kyiv.

Cars temporarily imported to Ukraine can not be cannibalized and passed to ownership of third parties

18:10

23.02.2009

The Verkhovna Rada, Ukraine's parliament, has amended a law regarding goods imports to Ukraine.

Vnesheconombank provides Prominvestbank with $325 m

16:17

23.02.2009

Prominvestbank (Kyiv) has attracted $325 million from Vnesheconombank, the press service of Prominvestbank has told Interfax-Ukraine.

Veterinary Service to step up checks on meat imports to Ukraine

16:16

23.02.2009

The State Committee of Veterinary Medicine of Ukraine is to step up checks on meat and meat product imports to Ukraine, Petro Verbytsky, the chairman of the committee, has told journalists in Kyiv.

VAB Bank expects to raise up to $100 m from shareholders to support liquidity in 2009

14:24

23.02.2009

Kyiv-based VAB Bank expects in 2009 to raise up to $100 million with the help of shareholders, among which are TBIF Financial Services BV (the Netherlands), to support liquidity, the VAB Bank president, Serhiy Maksymov, has told Interfax-Ukraine.

Facilities of metals companies in Ukraine working at 64% capacity, says industry ministry

12:59

23.02.2009

Ukrainian metals companies are working at 64% capacity, while in first ten days of November – at the peak of the metals production fall – the facilities were working at 32% capacity, according to a press release of the industrial policy ministry issued on February 20, referring to Industry Minister Volodymyr Novitsky.