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UJ Week
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     Business    

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Ukrainian government seeking to secure supplies of oil from Azerbaijan

KIEV, March 12 - Ukraine is seeking to secure supplies of crude oil from Azerbaijan and its joint shipments to markets in Europe, Energy and Fuel Minister Eduard Stavytskiy said Tuesday.


City of Kiev to build three wastewater treatment plans by 2014

KIEV, March 12 – Three waste treatment plants to treat waste from the capital will be built in Kiev region by 2014, said Oleksandr Mazurchak first deputy head of Kiev City Administration.

"We plan for the plants to be built in two or three years. I think that in 2014 all three plants will start operating. Some plants could be launched earlier, as they are standard plants, of a modular type," he said.


Tender to select Nadra Ukrayiny Yuzovska development partner

KIEV, March 12 - The state service for geology and deposits of Ukraine has posted details on its Web site on the holding of a tender to select a partner for national joint-stock company Nadra Ukrayiny to develop the Yuzovska (Kharkiv and Donetsk regions).


Ukraine given green light to resume greenhouse emission quota trading

KIEV, March 12 – The Kyoto Protocol Compliance Committee of the United Nations has given Ukraine a green light to resume its participation in international trading in greenhouse gas emission quotas.


Ukraine pays Gazprom $1.3 billion for February natural gas imports

KIEV, March 7 - Ukraine transferred around $1.3 billion to Russian gas giant Gazprom for gas imported in February 2012, national company Naftogaz Ukrayiny said in a statement.


Yuzhnoukrainsk starts upgrading reactor three simulator computer

KIEV, March 9 - Yuzhnoukrainsk nuclear power plant has started upgrading a simulator of reactor three with the replacement of the main modeling computer, the plant's press service has reported.

"It will take some 19 months to realize the project. It is intended to create a new generation simulator, with which nuclear workers will be able to design the required regimes and situation in real time, including off-project situation – with a damaged active zone, similar to what happened at Japan's Fukushima plant.


Economist warns of foreign takeover of agricultural land market

KIEV, March 11 – Ukraine could become a victim of appropriation on the land market if foreign states gain control over large land plots, according to Valeriy Heyets, a fellow of the Ukrainian National Academy of Sciences and the director of the Academy's Institute for Economics and Forecasting.


Downturn will strengthen pharmaceutical sector, says trade group

KIEV, March 11 – The economic downturn will considerably strengthen the positions of Ukrainian pharmaceutical plants, allowing them to upgrade production facilities and increase their market share, according to the Association of Pharmaceutical Producers, which unites large pharmaceutical companies in Ukraine.


Income of Ukrainian banks through February up 81%, NBU reports

KIEV, March 12 – Income of Ukrainian banks in January and February soared year-over-year by 81%, to UAH 26 billion (UAH 14.4 billion in January and February 2008), while their expenditures grew by 95%, to UAH 24 billion (UAH 12.3 billion), according to a posting on official website of the National Bank of Ukraine.

The NBU had earlier refused publishing tentative figures of banks' net profit, which is calculated as the exceeding of incomes over expenses, apart for formed reserves and VAT paid.


Ukrainian banks boost net profits by 91% this year, NBU reports

KIEV, March 11 - Ukrainian banks saw a net profit of UAH2.1 billion in January and February 2008, 91% more than the same period last year, according the National Bank of Ukraine.


    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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