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UJ Week
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     Business    

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Motor Sich to finish MS-500V helicopter engine certification in 2010

KIEV, March 24 – Zaporizhia’s Motor Sich plans to finish certification of the MS-500V engine for Ansat type light helicopters of by late 2010, the company told Interfax-Ukraine on Tuesday.


Moody’s downgrades Rodovid Bank foreign currency rating to Caa2

LONDON, March 23 - Moody's Investors Service has downgraded the bank financial strength rating of Rodovid Bank to E from E+, its long-term local currency and foreign currency bank deposit ratings to Caa2 from B3.

The bank's long-term deposit ratings remain on review for possible further downgrade.


City of Kiev imposing hikes in business, consumer utility rates

KIEV, March 23 – Tariffs for public utility services in Kiev for businesses are to be increased on April 1, while for households there will be increases starting May 1, the first deputy head of Kiev city state administration, Anatoliy Holubchenko, said at a meeting of the administration board held on March 20.


Official recommends $3.2 billion price tag for Ukrtelecom stake

MOSCOW, March 24 - The optimal starting price for a 67.79% stake in national operator Ukrtelecom that is to be offered in a privatization tender would be UAH 25 billion ($3.2 billion), Transport and Communications Minister Yosyp Vinsky told Interfax.


Ukraine suspends sunflower oil exports due to government quotas

KIEV, March 21 – Ukraine will suspend sunflower oil exports effective March 22 due to the sunflower oil exports quotas imposed by the government, according to Ukroliyaprom Association Director General Stepan Kapshuk.


Cabinet adds oblenergo stakes to 2008 state privatization list

KIEV, March 21 – The cabinet has included 60%+1 share stakes in heat generating companies Dniproenergo, Donbasenergo, Zakhidenergo and Tsentrenergo in the list of companies subject to the privatization in 2008, and instructed to transfer them to the State Property Fund.


Rates on interbank market likely to remain high, according to bankers

KIEV, March 24 – Rates on the Ukrainian interbank credit market in the near future could fall slightly, although as a whole, they will remain high, according to the majority of bankers polled by Interfax-Ukraine.


Credit crunch impedes bank capital access, says NBU official

KIEV, March 24 – The international credit crisis has made it more difficult for Ukrainian banks with national capital to access financial resources on foreign markets, and gives considerable advantages to banks operating in Ukraine with foreign capital, according to Petro Poroshenko, head of the National Bank of Ukraine (NBU) Council.


Output of crude oil and gas condensate drops so far this year

KIEV, March 24 - Ukraine’s crude oil and gas condensate output dropped 4.7% year-on-year to 713,700 metric tons in January-February, down from 749,000 tons extracted one year ago, the energy and fuel ministry reported Monday.


Government should review inflation forecast, says NBU council head

KIEV, March 24 – The Ukrainian government should review its inflation forecast for 2008 at the end of Q1 to make it more realistic, according to Petro Poroshenko, head of the National Bank of Ukraine Council.


    Archive of Business
Currencies (in hryvnias)
  21.03.2025 prev
USD 41.54 41.57
RUR 0.489 0.497
EUR 45.00 45.32

Stock Market
  20.03.2025 prev
PFTS 507.0 507.0
source: PFTS

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