Breaking news

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.

Parliament adopts draft law on preliminary control at checkpoints at Ukrainian border at first reading

12:01

23.02.2009

The Ukrainian parliament has adopted at first reading a draft law on preliminary controls at checkpoints at the Ukrainian border.

Nestle boosts sales in Ukraine by 16% in 2008

10:57

23.02.2009

One of the largest world's food producers, Nestle, in 2008 increased sales by 16% year-over-year in Ukraine, to UAH 2.66 billion.

Parliament annuls import duties for PVC, haulers, semi-trailers, and semi-trailer-container trucks

18:24

20.02.2009

The Verkhovna Rada, Ukraine's parliament, has annulled import duties for polyvinylchloride (PVC), haulers, semi-trailers, and semi-trailer-container trucks.

Ukraine to start poultry exports to EU in 2010

18:23

20.02.2009

Ukraine plans to start poultry exports to the European Union in 2010, the chairman of the State Committee on Veterinary Medicine, Petro Verbytsky, told journalists in Kyiv on Friday.

OTP Bank to attract $150 m

16:59

20.02.2009

OTP Bank (Kyiv) is intending soon to increase its capital by attracting a $50 million subordinated credit and pouring a total of $100 million into its statutory capital, the bank's press service has told Interfax-Ukraine.

Ukraine and Russia railways may cut tariffs for transit transportation between Europe and China

16:58

20.02.2009

The railways of Ukraine and Russia are mulling the possibility of cutting tariffs for the transit transportation of container cargos between Europe and China, according to a press release of state railways administration Ukrzaliznytsia.

Ukrainian commercial banks prolong credits worth UAH 1.43 b issued to farmers, says ministry

15:55

20.02.2009

Ukrainian commercial banks as of middle of February 2009 had prolonged credits worth UAH 1.43 billion issued to farmers, which is 35.4% of the total credits announced for prolongation until June 1, 2009, Agriculture Minister Yuriy Melnyk has said.

Ukraine to retain meat production at 2008 level in 2009, says ministry

15:52

20.02.2009

Meat production in Ukraine this year will remain at last year's level of 2.7 million tonnes live weight, according to Ukrainian Agriculture Minister Yuriy Melnyk.

BNP Paribas to close 100 departments of UkrSibbank

14:02

20.02.2009

France's BNP Paribas, the majority shareholder in Kharkiv-based UkrSibbank, in 2009 plans to close 100 out of 950 departments of the third largest bank in Ukraine and cut jobs, according a BNP Paribas report for 2008 published on Thursday.

Dollarization of Ukraine's economy reaches 30.6% in 2008, says NBU

13:23

20.02.2009

The level of the dollarization of Ukraine's economy in 2008 grew to 30.6% from the 22.8% registered by the beginning of the year, the National Bank of Ukraine has said.

NBU announces conditions of currency tender on February 20

18:02

19.02.2009

The National Bank of Ukraine (NBU) on February 20 will sell U.S dollars to banks at a tender under import contracts (with the submission of a cargo customs declaration) and foreign debt obligations, according to NBU letter No. 13-421/985-2466 to the banks.

Ukrainian government demands state enterprises use funds for paying wages first

17:43

19.02.2009

Ukraine's government has ordered the Finance Ministry to develop a mechanism to ensure budget funds assigned to public enterprises are first used for paying wages.