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VETEK continuing negotiations with Rosneft over LINIK oil refinery

KIEV, May 27 - Eastern-European Fuel and Energy Company (VETEK) continues to negotiate with Russian oil major Rosneft over the purchase of Lysychansk Oil Refinery (LINIK, Luhansk Region), VETEK owner Serhiy Kurchenko said in an interview with the journal Korrespondent.


Artem gets $246m deal to supply B-27 missiles to defense ministry

KIEV, May 25 – The Artem state corporation (Kiev) in 2012-2013 is to supply R-27 medium-range air-to-air missiles worth around $250 million under an order of the Indian Defense Ministry.


Pavlohrad chemical plant completes SS-24 missile fuel disposal

KIEV, May 25 – State-run Pavlohrad chemical plant (Dnipropetrovsk region) has finished disposing of solid rocket fuel from SS-24 intercontinental ballistic missiles, said Leonid Shyman, the company's director general.


Ukraine to turn to United States for imports of liquefied natural gas

KIEV, May 25 - Ukraine will seek to secure imports of liquefied natural gas from the U.S. as part of a strategy to diversify energy imports, Energy and Coal Industry Minister Yuriy Boyko said Friday.


Ukraine to announce PSA tenders for Black Sea shale gas fields

KIEV, May 24 - Ukraine will announce Product Sharing Agreement tenders for the Skifske and Foroske fields of the Black Sea shelf by June 5, Environment and Natural Resources Minister Eduard Stavytsky said during a regional seminar on shale gas exploration and production in Kiev on Thursday.


Citigroup cites decreased risks in improving Ukraine economic outlook

KIEV, May 25 – The decrease in key domestic economic risks in Ukraine amid positive macroeconomic statistical performance makes it possible to improve the forecast of the country's economic growth in 2010 to 4%, up from the previously forecasted 3%, according to Citigroup's analytical review of Central and East European countries.


Ukraine’s balance of payments improved 24.7% in April, says NBU

KIEV, May 25 – The surplus of Ukraine's current and financial accounts in April 2010 ensured an increase in the surplus of Ukraine's consolidated balance of payments last month by 24.7% compared to March 2010, according to Valeriy Lytvytsky, the head of the group of advisors to the governor of the National Bank of Ukraine.


Finance ministry announces plans for revision of tax system

KIEV, May 27 – The Finance Ministry has proposed a large-scale reform of the taxation system, revising the list of state taxes and local duties and foreseeing a cut in VAT and profit tax.


SPF says sales of state UIA and Aerosvit stakes can wait for now

KIEV, May 27 – The State Property Fund said it does not plan to put state stakes in Ukraine International Airlines (UIA) and AeroSvit-Ukrainian Airlines up for sale in the short term.


EnergoAtom talking to Rosatom, AECL, KEPCO about reactor design

KIEV, May 27 – EnergoAtom has started consultations with Russia's Rosatom, Canada's Atomic Energy of Canada Limited (AECL) and South Korea's Korea Electric Power Corporation (KEPCO) on the possible use of their designs of reactors for the creation of a project to build them in Ukraine.


    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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