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Transport Ministry not supporting cut in transport duty
12:43
27.01.2009The fall in transport duty initiated by the Ukrainian cabinet, will affect the development of the road network in 2009, Ukrainian Transport and Communications Minster Yosyp Vinsky told the press in Kyiv on Monday.
Price of grain continues growing in Ukraine due to active export demand
11:57
27.01.2009The pace of growth in prices of grain in Ukraine, which started in late 2008, accelerated recently under pressure of export demand, agricultural market experts have reported.
UAH 13.1 b in deficit seen in national budget in December, says Economy Ministry
11:18
27.01.2009The deficit of Ukraine's national budget in December 2008 was UAH 13.1 billion, which is the highest figure over the 12 months of 2008, Ukraine's Economy Ministry reported on Monday.
Nadra stockholders fail to meet, says minority stockholder
18:03
26.01.2009A meeting of Nadra Bank's stockholders that was to consider joining representatives of Group DF, belonging to RosUkrEnergo's co-founder Dmytro Firtash to the bank's management on January 24, 2009, has failed, a minority stockholder in the bank has told Interfax-Ukraine.
IMF has right to demand early repayment of standby loan's first tranche
17:40
26.01.2009The International Monetary Fund (IMF) has the right to demand early repayment of the first tranche of a standby loan it has released for Ukraine, said Oleksandr Shlapak, first deputy head of the Presidential Secretariat, arguing that the reason is Ukraine's 2009 budget, whose revenue part he dismissed as non-executable.
Fitch downgrades IDRs of four Ukrainian banks
16:57
26.01.2009Fitch Ratings has downgraded the Long-term Issuer Default Ratings (IDRs) of four Ukrainian banks: Kreditprombank, Ukrgasbank and Vseukrainsky Aksionerny Bank to 'CCC' from 'B-' (B minus) and Rodovid Bank to 'CC' from 'CCC'. The agency has also downgraded the National Long-term rating of Bank Diamant and the Individual rating of Swedbank (Ukraine), the agency said in a press release.
Ukraine's transport ministry to raise passenger train fares every month from March 2009
14:58
26.01.2009The Ukrainian Transport and Communications Ministry is planning to increase passenger train fares every month starting from March 2009, Minister Yosyp Vinsky has said.
Tymoshenko's cabinet to be able to ensure fulfillment of revenues target of 2009 national budget, says premier
14:11
26.01.2009The Ukrainian cabinet will be able to ensure the fulfillment of the revenues target of the 2009 national budget, according to Ukrainian Premier Yulia Tymoshenko.
Turboatom, Japan's Mitsubishi Heavy Industries sign agreement on cooperation
13:11
26.01.2009Kharkiv-based OJSC Turboatom, one of the largest energy equipment producers in the world, and Japan's Mitsubishi Heavy Industries Ltd. have signed an agreement on cooperation.
NBU uses $11 billion from its reserves since October 2008 to support hryvnia
12:01
26.01.2009The National Bank of Ukraine (NBU) has used $11 billion from its gold and forex reserves since October 2008 to stabilize the national currency and service the country's foreign debt, NBU First Deputy Head Anatoliy Shapovalov said at an extraordinary meeting of the parliament on the central bank's activities on Monday.
Eurocar boosts car output 21.2% in 2008, seeing 3.3-time fall in December to November
10:50
26.01.2009CJSC Eurocar (Solomonovo, Zakarpattia region), a producer of Volkswagen Group cars, in 2008 produced 35,892 cars, which is 21.1% up year-over-year, the company's press service reported on January 23.
AMCU to impose fine of up to 10% of annual earnings for unjustifiable rise in prices of medicines
15:04
24.01.2009Pharmaceutical companies that unjustifiably increase prices of medicines, may be punished by imposing of a fine equal up to 10% of their annual earnings, the acting chairman of the Antimonopoly Committee of Ukraine, Oleksandr Melnychenko, said in an interview published in the Dzerkalo Tyzhnia (The Mirror of the Week) weekly.
Kyiv PGO not to allow electricity cut-off for Kyivvodokanal
13:21
24.01.2009Kyiv Prosecutor General's Office (PGO) has sent instructions to Kyivenergo with a request not to stop electricity supplies to Kyivvodokanal.
Austria's EconGas not to lodge legal claims concerning gas supply problems
12:15
24.01.2009Austria's EconGas GmbH would not lodge legal claims concerning gas supply problems against Gazprom and the national JSC Naftogaz Ukrainy, EconGas Managing Director Luca Della Gatta has said in an interview published in the Dzerkalo Tyzhnia (The Mirror of the Week) weekly.
GDP fall this year to be 3-5%, says presidential secretariat
14:32
23.01.2009The fall in GDP in Ukraine this year will be 3-5%, according to Fist Deputy Head of the presidential secretariat and president's envoy to the Ukrainian cabinet, Oleksandr Shlapak.
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