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Naftogaz reports drops in gas pressure at Russian entry points

KIEV, Aug. 23 - Naftogaz Ukrayiny has recorded gas pressure drops lower the Gazprom contract level at the entry points to the Ukrainian gas transport system from the direction of Russia, the company said late on Monday.


Energy prices could fall in 8 or 9 months, energy minister says

KIEV, Aug. 25 – Prices of energy in Ukraine could fall in eight or nine months, Energy and Coal Industry Minister Ihor Nasalyk said.

"We will start feeling the change of energy prices downwards in eight or nine months," the minister said on television station 112 TV Ukraina.


Ukraine bank losses accelerated sharply in H1, according to NBU

KIEV, Aug. 20 – The loss of operating banks in Ukraine reached UAH 33.135 billion in H1, while the profit of solvent banks in the same period in 2014 was UAH 3.2 billion, according to the National Bank of Ukraine.


Ukraine may still get 20% debt haircut, analysts polled predict

KIEV, Aug. 21 – The Special Creditors' Committee of the Ukrainian authorities could use the give-and-take policy as part of the negotiations on the restructuring of eurobonds and an agreement on a haircut of around 20% of the debt could be reached, according to analysts polled by Interfax-Ukraine.


EBRD organizing $130 syndicated financing for Mykolaiv's Nibulon

KIEV, Aug. 21 – The European Bank for Reconstruction and Development is organizing a syndicated financing facility of $130 million to Nibulon (Mykolaiv), one of the largest Ukrainian producers and exporters of grains and oilseeds.


Ukroboronprom to hire top Western manager to ease NATO transition

KIEV, Aug. 24 – Ukroboronprom state concern plans to introduce a western top manager to the concern's senior management to ensure an easy and accelerated switch of the Ukrainian defense and industrial complex to NATO standards, Ukroboronprom head Roman Romanov said.


Ukraine electricity consumption reported down 11.7% through July 31

KIEV, Aug. 25 - Electricity consumption in Ukraine in January-July 2015, including in-process losses in the Ukrainian grids, decreased by 11.7% compared to the same period in 2014, to 89.035 billion kWh.


PrivatBank indefinitely adjourns meeting of eurobond holders

KIEV, Aug. 25 – PrivatBank (Dnipropetrovsk) has indefinitely adjourned a meeting of holders of eurobonds worth $200 million due to mature on September 23, 2015, and which was scheduled for August 27, 2015, and has asked the creditors to give their consent to extend the repayment date for the securities – until January 15, 2016 instead of December 1, 2015.


Ukraine can fix downturn only if it changes policy, says ex-minister

KIEV, Aug. 22 – Ukraine will be able to recover from recession only with the complete change of its economic and management paradigm, Economic Development and Trade Minister Pavlo Sheremeta said, explaining the reasons for his resignation.


Over 300 companies to share UAH13b of VAT refunds, government says

KIEV, Aug. 20 – The second tranche of government domestic loan bonds to repay delayed value-added tax refunds (VAT bonds) will be issued to the tune of over UAH 13 billion in favor of over 300 companies, the State Tax Administration reported on Friday.


    Archive of Business
Currencies (in hryvnias)
  29.11.2024 prev
USD 41.60 41.60
RUR 0.383 0.370
EUR 42.86 42.80

Stock Market
  28.11.2024 prev
PFTS 507.0 507.0
source: PFTS

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