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     Business    

<< | 1792 | 1793 | 1794 | 1795 | 1796 | 1797 | 1798 | 1799 | 1800 | >>Total: 2108

Devaluation of hryvnia has become 'more likely,' according to S&P

KIEV, Nov. 1 – Ukraine's forex reserves will continue narrowing, while the hryvnia will devaluate to UAH 9.50/$1 in 2014, Standard & Poor's said.

"In our view, the devaluation of the Ukrainian hryvnia has become more likely. The potential magnitude of this has also increased in light of the government's defense of the exchange rate through the depletion of foreign currency reserves, while we estimate the economy will contract in 2013.


Ukraine GDP to fall 1% this year, rise 1.5% next, according to S&P

KIEV, Nov. 1 – Ukraine's real GDP in 2013 will fall by 1%, but next year its growth will resume, at 1.5%, and in 2015 and 2016 it will accelerate to 3.5% per year, Standard & Poor's said.


OstChem Holding reported paying wages as chemical plant stays idle

KIEV, Nov. 4 – Dmytro Firtash's OstChem Holding does not plan to cut jobs at Severodonetsk Azot (Luhansk region) and is paying wages in full during the idle period of the plant, the holding reported.


Ukraine coal mine output reported down 3.5% so far this year

KIEV, Nov. 4 - Ukraine's coal mining enterprises, according to preliminary data, reduced coal production by 3.5% or 2.518 million tons in January-October 2013 year-over-year, to 68.648 million tons.

A source in the Ministry of Energy and Coal Industry said that mining of coking coal for the period decreased by 5.2% or 1.081 million tons, to 19.572 million tons, steam coal by 2.8% or 1.437 million tons, to 49.076 million tons.


Ukrtatnafta to cut jobs as oil refining sector problems mount

KREMENCHUK, Nov. 4 - Ukrtatnafta (Kremenchuk oil refinery, Poltava region) plans to reduce its workforce due to the situation in the Ukrainian oil refining sector, the company reported.


Chornomornaftogaz boosts 14.8% on year natgas output in Jan-Oct

KIEV, Nov. 2 - Chornomornaftogaz, an off-shore subsidiary of national energy company Naftogaz Ukrayiny, produced 947 million cubic meters of gas in January-October, a 14.8% year-on-year increase, the company reported Friday.


Firtash to invest 500 mln hryvnia in Severodonetsk Azot in 2013

KIEV, Nov. 2 - Ukrainian billionaire Dmytro Firtash's Group DF plans to invest up to 500 million hryvnias in the development of nitrogen producer Severodonetsk Azot in 2013, the group reported Friday.


Ukrainian government approves 2011-2020 Antarctic research program

KIEV, Nov. 3 - The Ukrainian government at a meeting on Wednesday approved a state targeted scientific and technical program of research in the Antarctic for 2011-2020, Volodymyr Semynozhenko, the head of the State Committee on Science, Innovation and Information, said at a press conference.


Belarusian Oil Company signs LT contract for Venezuela oil transit

MOSCOW, Nov. 3 - Belarusian Oil Company (BNK, Belarus special export of petroleum products) has confirmed the signing of a long-term contract with Ukraine for transporting Venezuelan oil through the Odessa-Brody trunk pipeline to Belarusian refineries.


Finance ministry proposes expansion of special gambling zones

KIEV, Nov. 4 – The Finance Ministry has proposed to expand a list of special gambling zones where casinos can open in Ukraine, while earlier the placement of casinos was planned only in four- and five-star hotels and Crimean resorts.


    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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