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Ukraine-EU Association Committee to plan for free-trade area

KIEV, April 11 – The first meeting of the section of the Ukraine-EU Association Committee which deals with trade will take place in Kiev on Tuesday and Wednesday, the committee will put into operation the institutional mechanism of a free trade area, the Ukrainian Economic Development and Trade Ministry reported on Monday.


USDA raises Ukraine 2012-2013 grain and maize export forecasts

KIEV, April 10 - The U.S. Department of Agriculture has raised its estimate of grain and maize exports from Ukraine in the current marketing year (July 2012 through June 2013) compared to its forecast given in March 2013, by 500,000 tons per each type of grain crop.


American Chamber comes out against price controls for raw milk

KIEV, April 10 – The American Chamber of Commerce in Ukraine believes that the setting of minimal purchase prices of raw milk will result in negative economic and social consequences.


ArcelorMittal Kryviy Rih pays UAH3.4 billion under 2012 agreement

KIEV, April 11 – ArcelorMittal Kryviy Rih (Dnipropetrovsk region) announced it has paid UAH 3.4 billion to fulfill obligations under a 2012 collective agreement.

According to the announcement, the mill has fulfilled its obligations under the agreement, such as financing of labor protection measures, and improving the social and living conditions of employees, which were over-fulfilled.


Ukraine businesses had $14.5b stashed in Cyprus, says envoy

KIEV, April 11 – Ukrainian businesses had $14.5 billion in assets stashed in banks in Cyprus before a “haircut” on their uninsured deposits, Evagoras Vrionides, Cyprus’s ambassador to Ukraine, said.


Government hoping for resumption of cheese exports to Russia in May

KIEV, April 11 – The Agricultural Policy and Food Ministry hopes to resume exports of Ukrainian hard cheese to Russia in the middle of May, Agricultural Policy and Food Minister Mykola Prysiazhniuk said during a briefing on Wednesday.

"We've sent [the relevant documents], and we're waiting for a response and a decision. Today Rospotrebnadzor experts are working in Pyriatyn, and then they will go to Mena. So, we hope that the issues will be settled in April or in the middle of May, especially considering the fact that the Russian side is waiting for our products," the minister said.


Success of new deposit law depends on stability, experts say

KIEV, April 10 – A recently passed law on the system of guaranteeing individuals' deposits could increase the reliability of the banking system, although it could be effective only in conditions of financial stability.


Drug registration procedures causing difficulties, says AmCham

KIEV, April 10 – Ukrainian medical establishments are facing difficulties in purchasing national and foreign drugs because of the imperfection of the registration procedure of wholesale release prices for medicine in Ukraine, the American Chamber of Commerce in Ukraine reported.


Cabinet proposes redistribution of 2012 oil product revenues

KIEV, April 10 - The Cabinet of Ministers has proposed that Parliament redistribute the structure of those revenues of the state budget for 2012 received from the import and production of oil products.


Britain’s Ferrexpo plc increases pellet output 0.5% in first quarter

KIEV, April 10 - British mining company Ferrexpo plc, which has assets in Ukraine, increased total pellet output from its own and third-party materials by 0.5% year-on-year to 2.315 million tons in Q1, the company said 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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