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     Business    

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American Chamber gives high five to Ukrainian customs code revisions

KIEV, May 24 - The international business community highly appreciates the dramatic change in customs policy which will be ushered in by the new Customs Code, and especially the reduction of customs authorities' powers, which was a big issue before, and the reduction of the number of documents required for customs clearance, the American Chamber of Commerce said.


EIB president urges ‘normal’ relations between Kiev and Brussels

VIENNA, May 24 – Relations between Brussels and Kiev will hopefully return to normal soon, so the Association Agreement, including a Deep and Comprehensive Free Trade Area, can be signed, European Investment Bank President Werner Hoyer said.


We’ll roll out the red carpet for shale gas investors, official says

KIEV, May 24 - Ukraine will make sure that Chevron and other foreign companies investing in the country’s shale gas sector enjoy the most favorable status, a senior official said Thursday.


Russian natural gas imports reported down 52% in first quarter

KIEV, May 22 - Ukraine imported 8.547 billion cubic meters of natural gas of Russian origin in the first quarter of 2012, 52% or 9.372 bcm less year-on-year, the State Statistics Service has said.


Ukraine boosting domestic borrowing to help pay VTB Bank loan

KIEV, May 23 - Ukraine is partially refinancing a $2 billion loan from Russia's VTB Bank, the payback deadline for which is June of this year, by issuing $1 billion worth of government domestic loan bonds, Economic Development and Trade Minister Petro Poroshenko told journalists in Kiev on Wednesday.


Nord Stream launch deprives Ukraine of 15% of gas transit $, says PM

KIEV, May 24 - Russia's launch of the Nord Stream gas pipeline has deprived Ukraine of 15% of its proceeds from gas transportation across its territory, says Prime Minister Mykola Azarov.


Economic indicators mean loan market access, says ex-finance minister

LONDON, May 24 – Ukraine's good macroeconomic indicators in early 2011 mean the country can retain good positions on the loan market, despite the delay in its gaining financing under the Stand By Arrangement from the International Monetary Fund, according to Ihor Mitiukov, a former finance minister and a Morgan Stanley Ukraine director.


Russia is ready to invest in Turboatom, says Rosatom director

KIEV, May 24 – Russia is ready to invest in the development of the production facilities of Kharkiv-based OJSC Turboatom if a joint venture is created on the basis of the company, Rosatom Director General Sergei Kiriyenko said.


Ukraine to join unified wills and inheritance contract system

KIEV, May 23 – Ukraine is to join the unified system of the registration of wills and inheritance contracts, the Justice Ministry reported.

This system is used by the countries that are signatories of the Convention on the Establishment of a Scheme of Registration of Wills.


Naftogaz to invest $300 million to boost 2011-2011 gas production

POLTAVA, May 24 - Naftogaz Ukrayiny plans to invest UAH 2.4 billion (about $300.6 million) to boost gas production in 2011-2012, Energy and Coal Industry Minister Yuriy Boyko told journalists in Poltava on Tuesday.


    Archive of Business
Currencies (in hryvnias)
  27.09.2024 prev
USD 41.21 41.26
RUR 0.444 0.446
EUR 45.96 46.20

Stock Market
  26.09.2024 prev
PFTS 507.0 507.0
source: PFTS

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