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     Business    

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SPF to auction Turboatom and Azovmash state stakes in December

KIEV, Jan. 29 – The State Property Fund announced it plans in December 2014 to put a 75.22% stake in OJSC Turboatom (Kharkiv) and a 50% stake in Azovmash (Mariupol, Donetsk region) up for sale, according to the schedule for putting groups B and G facilities up for sale published on January 28, 2014.


Survey: 68% of Ukrainians believe most of their food contains GMOs

KIEV, Jan. 28 – Two thirds of Ukrainians (68%) believe most foods in Ukraine contain genetically modified organisms, according to a survey conducted by the Research & Branding Group.

The opposite opinion is shared by 16% of those polled.


State set to receive 31-60% of Yuzovska hydrocarbon PSA profits

KIEV, Jan. 29 – The share of the state in the distribution of profitable hydrocarbon products extracted under a production sharing agreement [PSA] with Shell and Nadra Yuzovska on the Yuzovska field (Kharkiv and Donetsk regions) will amount to 31-60%, according to a draft agreement published by Ivan Varchenko, a Kharkiv City Council member from the Batkivschyna party.


Ukraine’s balance of payments deficit rose 70% last year, NBU reports

KIEV, Jan. 29 – The deficit of Ukraine's balance of payments in 2012 came to $4.174 billion, 70% over 2011’s $2.455 billion, the National Bank of Ukraine reported.

The deficit of the balance of payment in December 2012 stood at UAH $838 million, versus $93 million in December 2011 and up by 55.5% from November 2012’s $539 million.


Russia’s Lukoil to invest over $60 million in Karpatnaftokhim

KIEV, Jan. 26 – Russia's Lukoil oil company is planning to invest over $60 million in the development of Karpatnaftokhim petrochemical company (Kalush, Ivano-Frankivsk region), Karpatnaftokhim Director General Serhiy Chmykhalov said.


Dnipropetrovsk agency offers two sites to Switzerland’s Euroglas

DNIPROPETROVSK, Jan. 27 – The Dnipropetrovsk investment agency has offered two sites in Piatykhatky and Zhovti Vody districts to Switzerland's Euroglas, which plans to invest EUR 250 million in the construction of a coated and float glass plant in the region, the Dnipropetrovsk regional council reported.


NBU to forgo bank stress tests despite World Bank recommendation

KIEV, Jan. 26 - The National Bank of Ukraine will refrain from holding a new round of stress tests of banks despite the World Bank's recommendations, the NBU said in a statement.


SPF lists 232 facilities to be put up for sale in the first quarter

KIEV, Jan. 27 – Ukraine's State Property Fund is to call tenders in February for the sale of 73.37% of the Makiyivka coke and chemical plant, 67.27% of the Sokol instrument-making plant, and a 79.54% stake in the Nadvirna woodworking factory.


EBRD: Ukraine’s economy grew 4.7& in 2008, will shrink 5% in 2009

KIEV, Jan. 27 - The European Bank for Reconstruction and Development has changed its forecast for Ukrainian economic development in 2009 from the 1% growth predicted in November 2008 to a 5% decline.


Trade minister: Moldova ready to sign long-term electricity contract

CHISINAU, Jan. 28 – Moldova is ready to sign a contract to buy Ukrainian electricity, if long-term supplies are guaranteed, First Deputy Prime Minister and Minister of Economy and Trade Igor Dodon said in Chisinau on Tuesday.


    Archive of Business
Currencies (in hryvnias)
  21.03.2025 prev
USD 41.54 41.57
RUR 0.489 0.497
EUR 45.00 45.32

Stock Market
  20.03.2025 prev
PFTS 507.0 507.0
source: PFTS

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