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UJ Week
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     Business    

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EU’s natural gas shipments to Ukraine drop 93.4% on month in February

KYIV, March 11 – The volume of gas transported from the EU to Ukraine in February compared to January decreased by 93.4%, to 29 million cubic meters, the Gas Transmission System Operator of Ukraine (GTSOU) said.


World steel prices begin to improve after drop in January, analysts say

KYIV, March 11 – The downward trend in regional long-rolled steel markets, which began in January and lasted more than a month and a half, began to improve and prices went up again, the Ukrainian Industry Expertise said in a press release on Tuesday.


Ukraine’s economy contracted up to 2.8% on year in January: ministry

KYIV, March 11 – The Ministry for Development of Economy, Trade and Agriculture of Ukraine estimates the drop in GDP in January at 2.6-2.8%, according to the January review of economic activity in the country posted on its website on Wednesday.


Ukraine plans to nationalize Motor Sich

KYIV, March 11 - Ukraine will take aerospace company Motor Sich back into state ownership in the near future because of its strategic importance to national security, Reuters reported on Thursday citing top security official Oleksiy Danilov.


EssilorLuxottica buys 51% of Optical House’s 190-store chain in Ukraine

KYIV, March 11 – EssilorLuxottica, a leading international manufacturer and supplier of ophthalmic eyeglasses, optical frames and sunglasses, completed the purchase of a 51% stake in Optical House, operating through the largest network of 190 optic stores under the Luxoptica brand in Ukraine, on January 3.


Foreign investors may start pulling money out of Ukraine amid crisis

KYIV, March 11 – It is likely that nonresidents in the conditions of the unfolding global crisis would withdraw funds from Ukraine received from the payments on government domestic loan bonds held by them, although the National Bank of Ukraine (NBU) has reserves to reflect the impact of this pressure on the hryvnia, the founder and head of Concorde Capital investment company, Ihor Mazepa, has said.


Central bank shells out $270-mln to support hryvnia amid economic shocks

KYIV, March 11 – The National Bank of Ukraine (NBU) sold $270 million in the interbank foreign exchange market on Tuesday, responding to the high demand for currency, which is linked to the worsening of mood of financial market players over the spread of coronavirus COVID-19 and the shocking drop in the prices of crude oil in recent days, the regulator has reported on its Facebook page.


Ukraine’s chains under scrutiny for lower gas prices after oil price collapses

KYIV, March 10 – The Antimonopoly Committee of Ukraine will study the correspondence of the pace of price reduction in the country's retail market of petroleum products to the drop in the level of prices for crude oil and petroleum products in the world.


Ukraine’s consumer prices drop 0.3% on month in February, govt reports

KYIV, March 10 – Consumer prices in Ukraine after a rise by 0.1% in January, fell by 0.3% in February 2020, while in February 2019 their growth was 0.5%, the State Statistics Service has said.


IKEA may alter entry plans due to Kyiv mall construction delays

KYIV, March 7 – The Swedish company IKEA, the world's largest retailer of furniture and household goods, has to adjust its plans to enter the Ukrainian market due to the delayed construction of the Ocean Mall trade and entertainment center in Kyiv, in particular, the company is considering alternative ways for launching business in 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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