KYIV, April 5 – PricewaterhouseCoopers LLC is aware of reports that legal proceedings have been initiated by PrivatBank against PwC Cyprus and PwC Ukraine in the Cypriot court system and does not believe there is any merit for this action, PwC said on its website.

KYIV, April 5 – Ukrainian enterprises working with scrap ferrous metals in January-March 2018 increased exports of these products 260% compared to the same period in 2017, to 140,116 metric tons.

KIEV, April 5 – Skoda Auto, a Czech automaker and part of Volkswagen Group, has been seeking to expand car assembly at a Ukrainian plant, the government’s press service reported Wednesday.

KIEV, April 5 – The average age of vehicles in Ukraine is 19.6 years, the worst indicator since 2000, Volodymyr Shevchenko, the head of the Motor Insurance Bureau, said Tuesday.

KIEV, April 5 – Naftogaz Ukrayiny, the national company that drive reforms in the energy sector, urged the government to consider removing private intermediate firms in natural gas distribution.

KIEV, April 5 – The National Bank of Ukraine has declared Bank Khreschatyk (Kiev) insolvent, Yekateryna Rozhkova, deputy head of the NBU, said at a press conference.

KIEV, April 5 – Ukraine's Economic Development and Trade Ministry has pointed out violations of some WTO rules following a probe conducted by the Eurasian Economic Commission (EEC) into supplies of Ukrainian rods to the Eurasian Economic Union (EEU) members.

KIEV, April 5 – Roshen Corporation's Lipetsk confectionary factory could be sold in the coming months, Makar Paseniuk, managing director of ICU investment company, which is advising on the sale of Roshen, said in comments for the Organized Crime and Corruption Reporting Project.

KIEV, April 4 – Ukraine's Economic Development and Trade Ministry believes that it is viable to temporarily increase the exports duty for scrap ferrous metal from current EUR 10 per ton to EUR 25 per ton, not to EUR 35 per ton as authors of the relevant bill passed at first reading proposed.

KIEV, April 5 – Ukraine and India seek to expand defense cooperation.

Ukroboronprom State Concern reported that during the negotiations with Indian top defense sector managers held at the Defexpo India 2016 Land, Naval & Internal Homeland Security Systems Exhibition (March 38 through March 31) in South Goa, India, mutual interest was expressed in developing cooperation with India on upgrading the military and transport aviation of Indian Armed Forces and development of Indian Naval.