Breaking news

Up to 80% of construction projects frozen in Kyiv, says expert

13:34

21.01.2009

The implementation of 70-80% of construction projects in Kyiv and up to 90% in Kyiv region has been suspended, said President of Consol Ltd. firm and the managing company of Ukrrosbud Volodymyr Konstantinov.

Russian gas price for Ukraine in April-June 2009 will fall to $270 per 1,000 cubic meters, says Naftogaz official

12:05

21.01.2009

The price of Russian gas supplied to Ukraine will fall from $360 per 1,000 cubic meters in the first quarter to $270 per 1,000 cubic meters in the third quarter of this year, Naftogaz Ukrainy Deputy Board Head Volodymyr Trikolich has said.

National Bank of Ukraine appoints supervisor for Nadra bank

11:33

21.01.2009

The National Bank of Ukraine has appointed a supervisor for Nadra bank (Kyiv), though it has not started temporary administration in this credit-financial institution, NBU Acting Head Anatoliy Shapovalov told the Interfax-Ukraine on Wednesday.

IMF decides on candidate for new IMF Resident Representative in Ukraine

11:06

21.01.2009

Max Alier is to be appointed the new head of the Resident Representative Office of the International Monetary Fund (IMF) in Ukraine, a source at the IMF told Interfax-Ukraine.

Share of PrivatBank co-owner Kolomoysky in JKX Oil&Gas tops 15%

10:03

21.01.2009

Co-owner of Dnipropetrovsk-based PrivatBank and big Ukrainian businessman Ihor Kolomoysky in mid-January increased his stake in British oil and gas producer JKX Oil&Gas with assets in Ukraine, to 15.0112% from 14.0097%.

Construction down 16% in Ukraine in 2008

13:29

20.01.2009

The value of construction in Ukraine in 2008 fell by 16% year-on-year to UAH 64.363 billion, while in 2007 the growth was 15.8%, the State Statistics Committee reported on January 15.

Risk of revenues shortfalls in 2009 national budget exists, says tax administration

12:36

20.01.2009

The State Tax Administration of Ukraine (STAU) has said that there is a risk of revenues shortfalls from excise fees in the 2009 national budget, and that it supports the increase in excise duties, its press service reported on Monday.

Russian-Ukrainian agreement on trade missions approved by Russian government

11:47

20.01.2009

The Russian government has approved an agreement with the Cabinet of Ministers of Ukraine on jointly establishing trade missions.

Ukraine's earnings from electricity exports almost 27% up in 2008

10:56

20.01.2009

Ukraine's income from export of Ukrainian electricity in 2008 grew by 26.8% or $101.6 million year-over-year, to $480.4 million, despite a fall of 14.5% or 1.332 billion kWh in supplies, to 7.868 billion kWh, Ukraine's Fuel and energy Ministry has told Interfax-Ukraine.

Inter TV channel belongs to Firtash, co-owner of RosUkrEnergo, says first vice premier

14:45

19.01.2009

First Vice Premier of Ukraine Oleksandr Turchynov has said that the Inter television channel belongs to the co-owner of RosUkrEnergo, Dmytro Firtash.

Kharkiv constructors to create Regional Construction Association to oversee building market in region

14:06

19.01.2009

Kharkiv construction companies in the near future plan to create the Regional Construction Association to oversee the construction market in Kharkiv region, according to a press release of Kharkiv-based Avantazh Investment and Construction Corporation.

Konti group's sales up 40% in 2008

12:58

19.01.2009

Kyiv-based Konti confectionery group, one of Ukraine's largest confectionery producers, increased its sales in 2008 by 40% to UAH 2.6 billion (excluding VAT), the company said in a press release.

Sberbank of Russia opens Cypriot UPD Holdings Ltd. $232 m nonrenewable credit line

11:31

19.01.2009

Sberbank of Russia has opened a $232 million nonrenewable credit line to Cypriot UPD (Ukrainian Property Development) Holdings Limited, part of Kyiv Investment Group.

Gazprom, German, Italian, and French energy majors ready to joint consortium - Sechin

20:02

16.01.2009

Gazprom, Germany-based E.ON Ruhrgas and Wingas, Italy-based Eni, and the French company Gaz de France have expressed their desire to join an international consortium of European energy companies to provide process gas to Ukraine, Russian Deputy Prime Minister Igor Sechin told journalists.

Ukraine boosts agricultural production by 17.5% in 2008

19:11

16.01.2009

Ukraine boosted agricultural production, according to preliminary figures, by 17.5% in 2008, the State Statistics Committee said.