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     Business    

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Metinvest Holding to provide corrosion resistant pipe to Ukrtransgaz

KIEV, July 26 - Metinvest Holding LLC has won a Ukrtransgaz tender to provide corrosion-resistant steel pipes for UAH 911 million.

The results of the tender, according to the Economic Development and Trade Ministry, say Ukrtransgaz, a subsidiary of national oil and gas company Naftogaz Ukrayiny, signed an agreement with Metinvest for the supply of Du-1020 (78 tons) and Du-1420 (33,236 tons) steel pipes.


EnergoAtom to test Westinghouse nuclear fuel in additional reactor

KIEV, July 26 – Ukraine's State Nuclear Regulatory Inspectorate has allowed EnergoAtom to test nuclear fuel produced by U.S.-based Westinghouse in another reactor, on the condition that certain requirements are observed.


Ukranafta appeals Stockholm ruling to pay $146.9 million to US company

KIEV, July 26 – Ukrnafta, Ukraine's largest oil producer, has appealed against a ruling by the Arbitration Institute of the Stockholm Chamber of Commerce that the company must pay $146.9 million in compensation to Carpatsky Petroleum Corporation, Delaware, the United States, for failing to fulfill an agreement on the joint development of the Rudivske-Krasnozavodske gas condensate field in Poltava region.


Ukrtransgaz halfway towards meeting natural gas storage target

KIEV, July 27 – Ukrtransgaz, a subsidiary of Naftogaz Ukrayiny, as of late June had pumped 5.3 billion cubic meters (bcm) of gas to underground gas storage facilities for the autumn and winter period or 46.49% of the target, the company reported.


Transport ministry proposes fee increase for air navigation

KIEV, July 26 – The Transport and Communications Ministry has proposed fees for air navigation services in Ukraine's airspace be increased effective Oct. 1, according to a draft order prepared by the ministry.


Standard & Poor’s mulls rating boost for Ukraine’s Ferroexpo PLC

KIEV, July 26 – Standard & Poor's Ratings Services has placed on CreditWatch with positive implications its 'B' long-term foreign currency rating on Ukraine-based iron ore producer Ferrexpo PLC, reflecting the recent CreditWatch action on Ukraine.


Turboatom ships last turbine blade set to Chinese hydro plant

KIEV, July 27 – Kharkiv’s Turboatom has shipped the last turbine blade set worth over UAH 18 million for the Yinpan hydropower plant in China, which is under construction.


Domestic metals consumption declines 60% in first half of 2009

KIEV, July 27 – Metals consumption in Ukraine on the distribution and retail markets in fell by 60% in H1, Dmytro Nikolaenko, director general of Metinvest-SMC Ltd.

"In H1 the domestic metal market was characterized by a common decline in consumption, the increased role of distribution companies, a rise in the share of retail shipments from metal centers in total sales and a growth in the share of large metal traders," said Nikolaenko.


Ukrainian wages register 8.6% decrease in June, government reports

KIEV, July 27 - Actual year-on-year wages in Ukraine fell in June 2009 by 8.6%, while in June 2008 it grew by 5.4% year-over-year, the State Statistics Committee reported.

According to the committee, the average nominal wage in June 2009 was UAH 2,115, which is a 0.2% rise against May 2009 and 5.2% compared to June 2008.


SPF signs memorandum with RusAl to support Zaporizhia Aluminum

KIEV, July 27 – The State Property Fund and Russia's Russian Aluminum (RusAl) have signed a memorandum on agreed actions to support the activities of Zaporizhia Aluminum Plant (ZalK) and an annex to the agreement on the sale and purchase of Mykolaiv Alumina Plant Ltd.


    Archive of Business
Currencies (in hryvnias)
  26.11.2024 prev
USD 41.44 41.32
RUR 0.399 0.402
EUR 42.47 42.99

Stock Market
  25.11.2024 prev
PFTS 507.0 507.0
source: PFTS

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