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UJ Week
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     Business    

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EnergoAtom choosing between standard designs for new nuclear plants

KIEV, May 25 – State-run EnergoAtom is holding consultations with Russia's Rosatom, Canada's AECL, Korea's KEPCO, France's AREVA, and U.S.-based Westinghouse to choose a standard design for the reactors of new nuclear power facilities in the country, EnergoAtom First Vice President and technical director Ivan Foltov announced this at the 18th international conference on nuclear engineering (ICONE18) in Xi'an (China) on May 17-20.


Regulator: Conditions for Ukrtelecom privatization to be revised

KIEV, May 26 – The conditions of Ukrtelecom’s privatization are to be revised, and the cabinet even could revise its decision to sell the whole of its stake in the company, according to Volodymyr Zverev, a member of the National Communications Regulatory Commission.


Ukraine signs 15 out of 18 agreements at CIS Prime Ministers’ council

KIEV, May 26 – Ukraine has signed 15 out of 18 planned agreements at a meeting of the Council of CIS Prime Ministers, and supported one decision out of four put before the council, the government reported.


Bankers object to new regulation requiring hryvnia reserves

KIEV, May 25 – The parent structures of banks with foreign capital are strongly against an order by the National Bank of Ukraine that bank reserves only be formed in the Ukrainian currency, the hryvnia.


Ukraine to sell greenhouse gas units to Swiss, New Zealanders

KIEV, May 26 - Ukraine will soon sell 150 million of Assigned Amount Units (AAUs) to companies in Switzerland and New Zealand to raise cash to finance greenhouse gases emission reduction projects, according to a government order.


EC tightens conditions on imports of Ukrainian sunflower oil

BRUSSELS, May 23 – The European Commission has passed a decision placing stricter conditions on the import of Ukrainian sunflower oil, but it will still be supplied to EU countries based on issued certificates.


Goldman Sachs economist predicts 6.5% real GDP growth this year

KIEV, May 23 – Ukraine's real GDP growth in 2008 will be 6.5%, compared to 7.6% in 2007, according to Goldman Sachs Senior Economist and Executive Director Rory MacFarquhar.


TNK-BP official denies reports of Odessa pipeline deal termination

KIEV, May 26 – A three-year agreement between Ukrtransnafta, Russia's Transneft and TNK-BP on annual supplies of up to 9 million tons of Russian oil through the Odessa-Brody pipeline to the Yuzhny port, which was signed in December 2006, foresees its termination only in case of notification of its participants 90 days in advance, TNK-BP told Interfax-Ukraine.


Foreign direct investment could rise 40% this year, says analyst

KIEV, May 26 – Foreign direct investment to Ukraine in 2008 could grow to $11 billion, which is 40% more than in 2007, according to a forecast of the head of Dragon Capital Investment Company, Tomas Fiala, at an annual investment conference organized by the company in Kiev.


More exchange-rate flexibility needed for Ukraine, says IMF rep

KIEV, May 26 – It's expedient for Ukraine to increase its hryvnia exchange rate flexibility and take care of providing independence of the National Bank of Ukraine, according to Balaz Horvat, the IMF's permanent representative in Ukraine.


    Archive of Business
Currencies (in hryvnias)
  24.09.2024 prev
USD 41.36 41.35
RUR 0.445 0.446
EUR 45.99 46.15

Stock Market
  23.09.2024 prev
PFTS 507.0 507.0
source: PFTS

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