Breaking news

Ukraine significantly ups gas selection from underground storage facilities since Jan 5 - source

17:40

12.01.2012

Ukraine has significantly increased its selection of gas from underground gas storage facilities since January 1, a Ukrainian government source told Interfax.

Ukrainian metal companies post 2-4% fall in production in December

14:18

12.01.2012

Ukrainian metal companies in December 2011 cut cast iron production by 1.9%, steel output by 4.1% and rolled steel output by 3.1% compared to November due to a continuous fall in demand for metal products on the global and domestic markets, the Dnipropetrovsk-based Metallurgprom association told Interfax-Ukraine at a meeting representatives of the mining and metal complex of the country in Dnipropetrovsk on Wednesday.

Parliament obliges state, municipal TV channels to post subtitles during news programs

14:17

12.01.2012

The Ukrainian parliament has amended the law on television and radio broadcasting, obliging state-owned and municipal television channels to post subtitles during news programs or provide a translation in sign language.

Increase in fuel excise duties not to result in fuel price growth, say experts

14:17

12.01.2012

The increase in fuel excise duties foreseen in law No. 4235-VI on amendments to the Tax Code regarding the revision of some taxes and duties will not result in an increase in the price of fuel, according to oil market experts polled by Interfax-Ukraine.

US Corporation OPIC issues $50 m to SigmaBleyzer investment fund for Southeast Europe

19:14

11.01.2012

U.S. government organization Overseas Private Investment Corporation (OPIC) has issued $50 million to SigmaBleyzer Southeast European Fund IV, a private direct investment fund created for investing in Southeast Europe, according to a joint press release.

Total revenues to Pension Fund of Ukraine 7.7% up in 2011

18:54

11.01.2012

The total revenues to the Pension Fund of Ukraine in 2011 rose to UAH 197.635 billion, which is UAH 13.17 billion less than total pension and subsidy payments, according to the Web site of the Pension Fund, with reference to live data.

President signs law on 9-11% increase in excise duties and fees

18:45

11.01.2012

Ukrainian President Viktor Yanukovych has signed a law on increasing excise duties, royalties, environmental taxes and various fees by 8.9-11.3%, which corresponds to the forecast level of rises in food and industrial prices.

Ukraine expects to resume cooperation with IMF after completion of talks with Russia on gas price, says social policy minister

14:30

11.01.2012

Ukraine could resume cooperation with the International Monetary Fund (IMF) after reaching agreement with Russia on the price of natural gas, according to Vice Premier and Social Policy Minister Sergiy Tigipko.

Ukraine maybe cutting gas selection concerns Gazprom - Miller

14:30

11.01.2012

Gazprom is concerned by unilateral announcements by the gas giant's partners in Ukraine that the selection of supplied gas might be reduced.

DTEK wins tender for 40% stake in Donetskoblenergo, offeringUAH 467.6 m for shares

14:29

11.01.2012

The largest private vertically integrated energy holding of Ukraine, DTEK, which is controlled by businessman Rinat Akhmetov, has won a tender for a 40.061% stake in Donetskoblenergo, offering UAH 467.6 million for the stake.

SCM Finance builds up over 92.2% stake in FUIB

13:55

10.01.2012

SCM Finance LLC has increased its stake in the share capital of public joint-stock company First Ukrainian International Bank (FUIB, both based in Donetsk) from 89.8708% to 92.2433%.

DTEK to buy 45.103% stake in Zakhidenergo for earlier proposed UAH 1.932 b

12:31

10.01.2012

DTEK Holdings Ltd (Cyprus) will acquire a state-owned 45.103% stake in public joint-stock company Zakhidenergo, an electricity generating company, for the earlier proposed sum of UAH 1.932 billion.

SPF allows DTEK, Luhansk Energy Association to participate in tender to sell shares in Donetskoblenergo

12:31

10.01.2012

The State Property Fund of Ukraine (SPF) has allowed Ukraine's largest private vertically integrated energy holding, DTEK, and Luhansk Energy Association LLC, which is under the control of businessman Konstantin Grigorishin, to participate in a tender to sell a 40.061% stake in Donetskoblenergo, a regional electricity supply company, the fund's press service has told Interfax-Ukraine.

Industrial prices in Ukraine 1.8% down in December, 14.2% up in 2011, says statistics

14:18

06.01.2012

Kyiv, January 6 (Interfax-Ukraine) - Industrial prices in Ukraine fell by 1.8% in December in 2011 compared to November 2011, the State Statistics Service has reported.

Inflation in Ukraine 0.2% in December, 4.6% in 2011, statistics

14:01

06.01.2012

Consumer prices in Ukraine in December 2011 grew by 0.2% compared to November 2011, the State Statistics Service has reported.