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Domestic, international postal money orders exempt from VAT from 2012

11:51

06.01.2012

Domestic and international postal money order services have been exempt from value added tax since January 1, 2012, the press service of the Ukrainian Infrastructure Ministry has reported, referring to resolution of the National Bank of Ukraine (NBU) of November 15, 2011.

Revenues to Ukraine's national budget general fund 28.1% up in 2011

19:25

05.01.2012

In 2011, the general fund of Ukraine's national budget received UAH 265.82 billon, which is UAH 58.35 billion, or 28.1%, up year-on-year, the State Treasury reported on Thursday.

Inflation slows down in Ukraine in 2011 to 4.7%, says government's envoy

18:51

05.01.2012

Inflation in Ukraine slowed down from 9.2% in 2010 to 4.7% in 2011, Valeriy Muntiyan, the Ukrainian government's envoy for cooperation with Russia, CIS member countries, the Eurasian Economic Community and other regional associations, has said.

Some UAH 300 m to be allocated from national budget for second stage of southern bypass around Dnipropetrovsk

17:38

05.01.2012

The national budget for 2012 foresees UAH 300 million for the construction of the second stage of the southern bypass around Dnipropetrovsk, the press service of Dnipropetrovsk City Council has said.

Luhansk Energy Union submits bid to buy shares in Donetskoblenergo, says SPF

16:23

05.01.2012

Luhansk Energy Union, controlled by businessman Konstantin Grigorishin, has submitted a bid to participate in a tender to sell 40.061% in regional energy supply company Donetskoblenergo, the press service of the State Property Fund (SPF) has told Interfax-Ukraine.

Nadra Bank allowed to participate in government bond auctions, says NBU

14:01

05.01.2012

Kyiv-based Nadra Bank has become the 16th bank that was allowed to participate in auctions on the primary placement of government domestic loan bonds, the National Bank of Ukraine (NBU) has reported in a letter to banks, referring to information from the Finance Ministry as of December 27, 2011.

Kyiv Metropoliten to upgrade some 250 wagons by 2015

14:00

05.01.2012

In the next three years around 250 upgraded wagons will appear in Kyiv Metropoliten, the press service of Kyiv city administration has reported.

SPF intends to sell Kyiv's Sport hotel

13:38

04.01.2012

The State Property Fund of Ukraine (SPF) has announced a tender to select an assessor of the market value of the property of state-run enterprise Sport hotel at 55 Chervonoarmiyska Street in Kyiv, according to a fund report published in the Vidomosti Pryvatyzatsii edition on Wednesday.

Britain's Skytrain Airlines to launch flights from Mykolaiv to Munich, Venice from February 17

13:38

04.01.2012

Britain's Skytrain Airlines Ltd, founded in October 2010, from February 17, 2012 is to commence direct flights from the Mykolaiv international airport to Venice (Treviso) and Munich, reads a posting on the airline's official Web site.

Ochakivsky wind farm to launch first phase in February 2012

14:34

30.12.2011

Ochakivsky wind farm LLC (Mykolaiv region) will launch first ten wind turbines with the total capacity of 25 megawatt in early February 2012, the company's head, Oleksandr Scherbatiuk, has told Interfax-Ukraine.

Putin asks Gazprom's Miller to continue pipeline consortium talks

13:34

30.12.2011

Russian Prime Minister Vladimir Putin asked Gazprom Chief Executive Alexei Miller to continue talks with Ukraine on setting a gas transportation consortium up.

Ukrainian businessman Firtash to invest EUR 150 m in greenhouse complex in Ternopil region, say media reports

13:33

30.12.2011

Ukrainian businessman Dmytro Firtash will invest EUR 150 million in the construction of a greenhouse complex in Zalischytsky district of Ternopil region, local reporters have said, with the reference to head of Ternopil regional administration, Valentyn Khoptian.

Milkiland doubles milk production in 2011

14:44

29.12.2011

Milkiland, a large dairy company in Ukraine and Russia, in 2011 doubled milk production compared to 2011, to 10,800 tonnes, reads a company press release.

NBU withdrawing Kreditprombank, Forum Bank from group of largest banks in 2012

14:44

29.12.2011

The National Bank of Ukraine (NBU) has decided to withdraw Kreditprombank and Forum Bank from a group of the largest bank in 2012, and Delta Bank and Subsidiary Bank Sberbank of Russia (all based in Kyiv) will enter the group.

Former managing director at Dragon Asset Management appointed Nova Linia director

14:41

28.12.2011

Yevhen Baranov, who earlier was a managing director at Dragon Asset Management and a member of the supervisory board of closed joint-stock company Nova Linia (Kyiv), which owns the eponymous DIY hypermarket chain, has been appointed director general of Nova Linia, reads a press release of Dragon Capital Investment Company, which acts as co-owner of the chain.