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Ukrainian banks write off bad loans worth UAH 25 b, says NBU

18:24

16.12.2011

Ukrainian banks from November 2010 have written off bad loans worth UAH 25 billion, the deputy director of the general department for banking supervision at the National Bank of Ukraine (NBU), Natalia Ivanenko, has said.

Tigipko: Energy saving should be main project for Ukraine after Euro 2012

18:24

16.12.2011

Ukraine should direct its resources to improving energy efficiency and reforming the utilities sector, making them a national priority, and this will help the country in future to charge economically justified energy tariffs for the public, Deputy Prime Minister and Social Policy Minister Sergiy Tigipko has said.

Pension Fund deficit to fall to UAH 10 b in 2012, says Tigipko

17:31

16.12.2011

The deficit of the Pension Fund of Ukraine in 2012 is estimated at about UAH 10 billion, Vice Premier and Minister of Social Policy Sergiy Tigipko has said.

Azarov orders building of direct road from Darnytsia Bridge to Darnytsia Railway Station by May 2012

16:58

16.12.2011

Ukrainian Premier Mykola Azarov has ordered the building of a direct road from Darnytsia Bridge to Darnytsia Railway Station by May 2012, the media liaisons office of the Cabinet of Ministers has reported.

EBRD could provide up to EUR 300 m to Energoatom for safety upgrades

14:38

16.12.2011

The European Bank of Reconstruction and Development (EBRD) could provide financing of up to EUR 300 million to Kyiv-based National Nuclear Generating Company Energoatom for safety upgrades alone, reads a bank report issued on Thursday.

US Avaya appoints ex NCRC chairman head of Avaya's Ukrainian office

12:01

16.12.2011

Avaya Company (the United States), a supplier of IT solutions, has appointed former chairman and member of the National Communications Regulatory Commission (NCRC, now National Communications and Informatization Regulatory Commission), Serhiy Kolobov, head of its representative office in Ukraine, reads a company press release published on Thursday.

Volume of payments for voluntary medical insurance grows by 31% for 9 months, LIOU says

19:29

15.12.2011

The volume of payments for voluntary medical insurance in Ukraine in January-September 2011 was UAH 785 million, which is 31% more than the figure for the same period in 2010, Deputy Chairman of the League of Insurance Organizations of Ukraine (LIOU) Oleksandr Zaletov has said.

State will issue affordable credits for housing overhauls, says construction minister

18:47

15.12.2011

Ukraine is planning to develop an affordable crediting mechanism for associations of multi-apartment block co-owners for overhauls and the implementation of energy efficiency programs in multi-apartment buildings, Ukrainian Regional Development, Construction and Housing and Utilities Minister Anatoliy Blyzniuk.

Council of Ministers of Crimea intends to allocate 336 ha to build solar power plants

17:02

15.12.2011

The Council of Ministers of Crimea has permitted the drafting of a project on land usage, so to allocate 336 hectares in Simferopol and Kirov districts to build solar power plants, the chairman of the republican committee for fuel, energy and innovation policy, Ihor Zosimov, has told Interfax-Ukraine.

Investment in commercial real estate in Kyiv in 2011 more than doubles, says preliminary report

12:49

15.12.2011

Investment in the commercial real estate in Kyiv in 2011 more than doubled compared to 2010, to $400 million, reads a preliminary annual real estate market report of Colliers International issued on Wednesday.

Ukraine, Lebanon agree on grain supplies for at least ten years, says prime minister

19:20

14.12.2011

Ukraine and Lebanon have reached a long-term agreement on supplies of Ukrainian grain, Ukrainian Prime Minister Mykola Azrov has said.

Ukraine to stop importing meat in next two years, says Kliuyev

18:10

14.12.2011

Ukraine is planning to stop importing meat and meat products in the next two years, First Deputy Prime Minister and Minister of Economic Development and Trade Andriy Kliuyev has said.

Government includes GDP growth of 3.9% in draft state budget for 2012, says Kliuyev

17:48

14.12.2011

The Ukrainian government has stipulated GDP growth of 3.9% in the draft state budget for 2012 ahead of its second reading, First Deputy Prime Minister and Minister of Economic Development and Trade Andriy Kliuyev said at a press conference in Kyiv on Wednesday.

Lavrynovych & Partners law firm declared best Ukrainian law firm by ACQ Country Awards

14:10

14.12.2011

Lavrynovych & Partners law firm has won in all six Ukrainian categories of this year's international ranking of law firms according to the ACQ Country Awards, the results of which were announced on December 14, the firm's press service reported on Wednesday.

Ukroliyaprom says no preconditions for increase of sunflower oil prices until spring 2012

12:29

14.12.2011

The price of sunflower oil in Ukraine will be stable until spring 2012, Director General of the Ukroliyaprom Association Stepan Kapshuk said at a roundtable devoted to prevention of violations of the law on the protection of economic competition on the sunflower oil market in Kyiv on Tuesday.