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UJ Week
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     Business    

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Russia’s Lukoil to shut Ukrainian oil refinery for six weeks

KIEV, Jan. 27 - Russian oil major Lukoil will shut down its Ukrainian oil refinery on Thursday for a 1.5-month scheduled maintenance, the company announced on Wednesday.

This is the second time that Lukoil shuts down its Lukoil-Odessa oil refinery over the past four months.


Podilsky Cement to invest UAH221 million in dry-production furnace

KIEV, Jan. 25 – Podilsky Cement (Kamyanets-Podilsky, Khmelnytsky region), part of Cement Roadstone Holdings (CRH, Ireland), is planning in 2010 to invest UAH 221.383 million in the construction of a furnace to produce cement using the dry production method with a capacity of two million tons of cement per year.


Eurocar reports 21.1% rise in Volkswagen production last year

KIEV, Jan. 26 - CJSC Eurocar (Solomonovo, Zakarpattia region), a producer of Volkswagen Group cars, in 2008 produced 35,892 cars, which is 21.1% up year-over-year, the company's press service reported on Jan. 23.


UK’s ISTIL confirms agreement to sell holding co of ‘mini mill’

KIEV, Jan. 25 - International Steel & Tube Industries Limited (Guernsey, UK), also known as ISTIL, in London confirmed that its subsidiary Metalsrussia Investment Limited has agreed to the sale and purchase of ISTIL Group Holding Limited (Cyprus).


Fitch upgrades Ukrsotsbank ratings following purchase by UniCredit

KIEV, Jan. 25 - Fitch Ratings announced it has upgraded Ukraine-based Ukrsotsbank's (Ukrsots) ratings to Long-term foreign currency Issuer Default (IDR) 'BB-' (BB minus) from 'B' and Support '3' from '5'.


Azeris assure Ukraine on supply of 5 million tons of Caspian crude

KIEV, Jan. 25 - Azerbaijan assured Ukraine on Friday it may supply 5 million metric tons of Caspian Sea crude annually, more than double what had been previously thought, via the strategic Odessa-Brody oil pipeline.


Ukrainians report progress in debt talks with natural gas suppliers

KIEV, Jan. 26 – Ukraine made progress on Saturday in debt talks with its key natural gas suppliers, averting complications that could potentially lead to disruption of steady transit of gas to the European Union.


LuAZ reports VAZ auto model output nearly doubled last year

KIEV, Jan. 26 - In 2004 Lutsk Car Works (LuAZ), part of Bohdan Industrial Investment Holding, produced 21,928 VAZ cars, almost 98% up year-over-year, the Company told Interfax-Ukraine.


EnergoAtom to resume exports of power to Russians on Feb. 1

KIEV, Jan. 27 ??“ EnergoAtom, Ukraine's state nuclear power producer, will resume exports of power to Russia on Feb. 1, the company said Thursday.


Cabinet approves plan for IMF-demanded public investment management

KYIV, Dec 26 – At a meeting last Friday, the Government of Ukraine approved the roadmap for reforming public investment management, which is one of the structural beacons of the extended financing program with the International Monetary Fund (IMF), the press service of the Ministry of Finance reported on Monday.


    Archive of Business
Currencies (in hryvnias)
  27.11.2024 prev
USD 41.50 41.44
RUR 0.394 0.399
EUR 42.68 42.47

Stock Market
  26.11.2024 prev
PFTS 507.0 507.0
source: PFTS

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