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UJ Week
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     Business    

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Ukraine??™s 2006 exports of vodka down 24% after Russia??™s measures

KIEV, Feb. 27 - Ukraine's exports of vodka and other alcoholic beverages fell by 24% to 8.15 million deciliters worth $192 million last year, an industry association reported.


Ukraine??™s Ukrsotsbank raises $400 mln from selling three-year Eurobond

KIEV, Feb. 27 ??“ Ukrsotsbank, Ukraine??™s No. 6 bank by assets, raised $400 million, more than expected, through an issue of three-year Eurobonds as investors had rushed to buy the paper, the bank reported.


Slovakia to increase imports of power from Ukraine in 2007

KIEV, Feb. 27 ??“ Slovakia is ready to increase imports of electricity from Ukraine by four times, to 2 billion kWh per year, Deputy Fuel and Energy Minister Volodymyr Luchnikov said after the meeting of the premiers of Ukraine and Slovakia held in Kiev on Monday.


IKEA postpones $300 mln complex in Ukraine on dispute over design

KIEV, Feb. 27 ??“ IKEA Group, a fast growing low-price Swedish furniture company, postponed for almost a year opening of a $300 mln shopping and entertainment complex in Kiev due to a dispute with local authorities.


Ukraine lets Estonian financial group buy 25% in railway car plant

KIEV, Feb. 27 ??“ Ukraine??™s Antimonopoly Committee allowed Skinest Finants of Estonia to buy more than 25% of stocks in Kriukivsky railway car building plant, the AMC press service reported on Friday.


Party leader calls for oil VAT to be used to create reserve

KIEV, Feb. 24 ??“ The money received from the return to collecting 20% value-added tax on the import of crude oil in Ukraine starting March 1 must be channeled for the creation of a stable three-month reserve fund of petroleum products, Ihor Yeremeev, member of the parliamentary committee for the fuel and energy complex, said Thursday.


Poltava mill, marking 35th, announces $100m investment plan

KIEV, Feb. 25 - Poltava ore mining and processing mill (Poltava region) is planning to invest over $100 million in 2005 into development of its current open-cast mine as well as new deposits, into upgrade of equipment and technologies at dressing and pelletizing plants and development of the enterprise's infrastructure, the company reported.


Mykolaiv Alumina set to use $47 million of investments in 2005

KIEV, Feb. 25 - Mykolaiv Alumina Works, the CIS??™ biggest alumina producer, is planning to increase its use of investments from $26 million in 2004 to $47 million in 2005, Yuriy Ovchynnikov, the enterprise's director general said in an interview with the Kiev Telegraph weekly newspaper.


McKinsey sees Ukraine as strong global critical raw materials supplier

DAVOS, Jan 27 – Ukraine's rich resource base, well-established infrastructure, and expertise in mining and mineral development position it as a strong candidate to integrate into the emerging global value chains in the critical raw materials (CRM) sector, said Oleksandr Kravchenko, managing partner at McKinsey Ukraine.


Estonian furniture maker in Ukraine to hire 160 people from Bangladesh

KYIV, Jan 27 – The furniture-producing subsidiary enterprise Lamella (Tiachiv, Zakarpattia region), 100% owned by Estonian Himbalt Trade, in connection with the urgent need for workers after the expansion of production capacity, intends to attract 160 people from Bangladesh, said head of Zakarpattia regional state administration Myroslav Biletsky.


    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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