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UJ Week
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     Business    

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Moody's continues negative outlook for Ukraine's banking sector

LONDON, May 30 - The outlook for Ukraine's banking system remains negative, unchanged since October 2009, Moody's Investors Service said in a new report published on Thursday.


Odessa Oil Refinery to accept batch of crude from sea in June

KIEV, May 30 – Odessa oil refinery, which is under control of VETEK Group, will accept a batch of crude oil from the sea in June.

"A batch of crude oil could be delivered to the refinery by sea in June," the group said.


US investigating Ukraine for failure to protect intellectual property

NEW YORK, May 30 - The United States has opened an investigation into Ukraine for its failure to enforce intellectual property rights, such as curbing government use of pirated software, The Hill reported Thursday, citing a top U.S. trade regulator.


Ukraine to draw up road map for development of renewable energy

KIEV, May 30 – Ukraine soon will draw up a road map for the development of renewable energy sources, according to Mykola Pashkevych, chairman of the State Agency for Energy Efficiency and Energy Saving.


Russia seeking concessions in return for lowering natural gas price

KIEV, May 30 – Russia has been seeking either political or business concessions from Ukraine in exchange for lowering its natural gas prices, Kommersant daily newspaper reported Tuesday citing a Ukrainian government source.


Karpatnaftokhim starts production of suspension polyvinylchloride

MOSCOW, May 27 – Karpatnaftokhim (Kalush, Ukraine, part of LUKOIL group) has started production of suspension polyvinylchloride (PVC-S).

LUKOIL said that the planned capacity of the new facility is 300,000 tons of PVC per year. The investment in the project, the realization of which started in 2007, has reached $236 million.


Trade group comes out against introduction of car import quotas

KIEV, May 30 – The Ukrainian Association of Car Importers and Dealers believes that the initiative of the Ukrainian authorities to introduce car import quotas if a free trade zone with the European Union is created is unacceptable.


First deputy PM calls for modernization of Ukrainian economy

KIEV, May 30 – The only chance to ensure the full development of Ukraine is to modernize the economy, First Deputy Prime Minister and Minister of Economic Development and Trade Andriy Kliuyev said.


Natural gas underground stockpile up by 26% from April 16 to May 25

KIEV, May 30 – Natural gas stocks in underground storage facilities grew by 26% or 2.7 billion cubic meters (bcm), to 13 bcm from April 16 to May 25, Ukrtransgaz, a subsidiary of Naftogaz Ukrayiny, reported.


Ukrgazvydobuvannia to spend UAH1.3b on stations, depots this year

KIEV, May 30 – Ukrgazvydobuvannia, a subsidiary of Naftogaz Ukrayiny, plans to buy 69 filling stations and three oil depots worth a total of UAH 1.319 billion in 2011.


    Archive of Business
Currencies (in hryvnias)
  22.11.2024 prev
USD 41.29 41.25
RUR 0.410 0.411
EUR 43.47 43.56

Stock Market
  21.11.2024 prev
PFTS 507.0 507.0
source: PFTS

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