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UJ Week
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     Business    

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Tenders for 4G (LTE) communications licenses to be held this autumn

KIEV, April 12 – The 4G (LTE) communications network could appear in Kiev in six months after holding the tenders to receive the licenses, which are scheduled by the National Commission for Communications and Informatization Regulation (NCCR) for this autumn, CEO of Ericsson Ukraine Andrew Shomakhiya said.


Ukraine’s Lybid communications satellite expected to launch in Q4

KIEV, April 12 – The first Ukrainian telecommunications satellite Lybid, built in international cooperation with participation of Canada and Russia, could be placed into orbit in the fourth quarter of 2017, acting head of the State Space Agency of Ukraine (SSAU) Yuriy Radchenko said.


Metinvest warns Russians against use of seized Donbas property

KIEV, April 12 – The Metinvest mining and metal group has warned individuals and legal entities that are both residents and nonresidents of Ukraine against the illegal use of its property remaining at the enterprises in the non-controlled territory (NCT) that were taken over by representatives of so-called 'Donetsk People’s Republic' (DPR) and 'Luhansk People’s Republic' (LPR).


Prime minister promises to protect independent status of Naftogaz board

KIEV, April 11 - Prime Minister Volodymyr Groysman has denied reports that the supervisory board of Naftogaz Ukrayiny is under threat of losing its independence.


Ukraine and China agree to cooperate in space sector through 2020

KIEV, April 11 - Ukraine and China have approved a long-term program of cooperation in the space sector for the period of 2016-2020.

According to the State Space Agency of Ukraine, the document was approved at a meeting of the subcommittee on cooperation in the space sector of the Ukrainian-Chinese intergovernmental commission in Kiev on April 7-8.


Industrial prices spike 4% in March in highest rise in 11 months

KIEV, April 11 – Industrial prices in Ukraine, following a 1.1% decrease in January and a February increase of 1.5%, jumped 4% in March (the highest rise since April 2015), due to the rise in prices for oil and petroleum products, as well as metal ore and electricity.


Local currency bank deposits rose 1.5% last month, NBU reports

KIEV, April 11 – The volume of individual bank deposits in the national currency grew by 1.5% in March, to UAH 182.828 billion, while deposits in foreign currency expanded by 0.1%, to $8.652 billion (in the dollar equivalent), the National Bank of Ukraine said.


Auto seat manufacturer switching to Ukraine to save on labor costs

KIEV, April 11 – The Groclin manufacturer of automobile seat covers and upholstery for car seats to reduce costs intends to focus on production at its two plants in Ukraine (Zakarpattia and Ivano-Frankivsk regions), taking into account a cheaper labor force, according to Polskie Radio (Polish Radio).


EIB loans finance ministry €400 million for SMEs and mid-caps

KIEV, April 12 – Ukraine's Finance Ministry has received a EUR 400 million loan from the European Investment Bank (EIB) to supply loans to the real-economy sector as well as to small and medium-sized enterprises (SMEs) in Ukraine.


Ukraine trying to prolong $2 billion loan from Russia’s VTB

KIEV, April 11 – Talks with Russia's Bank VTB on prolonging a $2 billion loan are at the final stage, Economic Development and Trade Minister Petro Poroshenko said.

"The talks [with VTB] are at the final stage. We either have to to repay [the loan], take a new one, or revise [the loan agreement]," he told reporters on Wednesday.


    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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