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UJ Week
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     Business    

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Interpipe Novomoskosky pipe and wheel producer in Belarus supply deal

KIEV, Sept. 27 - Ukrainian Interpipe pipe and wheel producer, which is under control of EastOne, is planning to supply pipes made at Interpipe Novomoskovsky pipe plant (Dnipropetrovsk region) to Belarus.


Ukrzaliznytsia and Ukreximbank agree on UAH370m bridge financing

KIEV, Sept. 27 - State Railways Administration Ukrzaliznytsia has agreed with Ukreximbank that the administration will raise a UAH 370 million credit to finish the construction of the Darnytsia bridge across the River Dnipro in Kiev.


Ukrainian Danube Navigation vessel reported robbed in Romania

KIEV, Sept. 27 – OJSC Ukrainian Danube Navigation (Izmail, Odessa region) has reported the robbery of one of its vessels on the territory of Romania.


Housing and utilities ministry counting on EBRD, NEFCO loans, grants

KIEV, Sept. 27 – The Housing and Utilities Ministry said it is planning in the next two years to attract EUR 200-700 million in loans and grants from the World Bank, the European Bank for Reconstruction and Development, the NEFCO (the Nordic Environment Finance Corporation) and other international financial organizations to realize housing projects.


New tax code could lead to outflows from banks, business leader warns

KIEV, Sept. 28 – The absence of guarantees on the keeping of banking secrets after the adoption of the new Tax Code, which foresees the taxation of interest paid on deposits, could lead to an outflow of funds from national banks, and in particular, the funds of Ukrainian business or officials, according to board chairman of the New Formation All-Ukrainian association of businessmen and a member of the Council of Entrepreneurs at the Ukrainian cabinet, Viacheslav Kredisov.


DTEK to start building 200 MW capacity wind power plant next year

KIEV, Sept. 28 – DTEK, the largest private vertically integrated energy holding in Ukraine, plans to start building a 200 MW wind power plant in 2011.

"In 2009 DTEK completed a strategic market assessment, and in 2011 the company intends to start building a first wind power plant with 200 MW generating capacity," the company said.


Government to put its entire Ukrtelecom state stake up for sale

KIEV, Sept. 28 – The government has decided to put the entire state stake in telecom giant Ukrtelecom up for sale, Deputy Prime Minister Serhiy Tyhypko said on Tuesday.

"We're putting an entire stake in Ukrtelecom up for sale," he said.


Housing prices fall throughout former Soviet Union countries

KIEV, Sept. 25 – The average housing price per square meter on the secondary market fell from September 2008 to September 2009 on the territory of former Soviet Union countries.

A report issued Russia's GdeEtotDom.Ru Company, referring to a report of its analytical center, says that the largest fall in September 2009 was registered in Riga (Latvia) – by 53% year-over-year, Tbilisi (Georgia) – by 42% and in Kiev – by 39%.


Investor group to decide this week on Naftogaz restructuring proposal

KIEV, Sept. 25 - A group of investors holding bonds in Naftogaz will determine their position on the debt restructuring terms proposed by the Ukrainian national oil and gas company by Sept. 30.

The creditors are still studying Naftogaz's proposal and have not determined their position, Carl Philipp R. Thomas, an associate of Luxembourg-based Aequi-Libria consultancy firm and a member of the Naftogaz Bondholder's Action Group, told Interfax.


Ukraine’s current account balance of payments deficit falls in August

KIEV, Sept. 28 – The deficit of the current account of Ukraine's balance of payments in August plunged to $44 million, from $348 million in July, and the deficit of the financial account climbed to $2.574 billion, up from $595 million in the previous month, according to the National Bank of Ukraine.


    Archive of Business
Currencies (in hryvnias)
  25.11.2024 prev
USD 41.32 41.29
RUR 0.402 0.410
EUR 42.99 43.47

Stock Market
  22.11.2024 prev
PFTS 507.0 507.0
source: PFTS

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