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UJ Week
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     Business    

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Ukrinterenergo reports tenfold increase in net profit for 2008

KIEV, Feb. 23 – Ukrinterenergo, the state electricity exporter and importer, in reported UAH42 million of net profit for 2008, a more-than-tenfold increase from 2007’s UAH3.983 million, the company's deputy director, Iryna Tykhonchuk, announced.


Westinghouse nuclear fuel supply to come no earlier than 2011

KIEV, Feb. 22 - The U.S. company Westinghouse will be able to supply its first commercial shipment of nuclear fuel to Ukrainian nuclear power plants no earlier than 2011, Natalia Shumkova, the head of the nuclear energy and industry department of the Fuel and Energy Ministry, said.


UkrTatNafta diversifies supplies with first-ever Iraqi oil purchase

KIEV, Feb. 22 - UkrTatNafta Company, which runs the Kremenchuk oil refinery in Ukraine’s Poltava region, this year has purchased for refining about 80,000 tons of Iraqi oil of the Kirkuk brand, UPECO Consulting Company Executive Director Serhiy Kuyun announced at a press conference in Kiev.


Share of foreign capital in Ukrainian banks falls in January

KIEV, Feb. 21 - The share of foreign capital in the Ukrainian banking sector fell from 35% in December 2007 to 34.4% in January 2008, according to the National Bank of Ukraine.


Russia’s EuroChem announces $10 million investment in trade center

KIEV, Feb. 21 - Russia's EuroChem Mineral Chemical Company, one of the world's top-10 fertilizer producers, has invested $10 million in the purchase and development of trade company Agrocenter EuroChem-Ukraine, the company announced.


Government could cut VAT rate this year, says NBU council chief

KIEV, Feb. 21 – The Ukrainian government may be able to cut VAT from 20% to at least 17% this year, according to Petro Poroshenko, head of the council of the National Bank of Ukraine.


Ukratomprom liquidation will follow cabinet action, says official

KIEV, Feb. 22 – The liquidation of the Ukratomprom state concern will start after the cabinet approves a resolution on the creation of a new concern, Nuclear Fuel of Ukraine, said Natalia Shumkova, nuclear energy and industry head of the Fuel and Energy Ministry.


Fall in correspondent account funds leads to rise in interbank rates

KIEV, Feb. 22 – A fall in the funds on the correspondent accounts of Ukrainian banks has led to a rise in the rates on the interbank credit market, say bankers polled by Interfax-Ukraine.


ChornomorNaftoGaz boosts net profit by 37%, gas sales by 11.7%

KIEV, Feb. 23 ??“ In 2004, ChornomorNaftoGaz (Crimea) boosted net profit by 37% to UAH45.046 million, the company reported Wednesday, according to Interfax-Ukraine.


UkrNafta, in boom oil year, boosted profits by 51.4% in 2004

KIEV, Feb. 24 ??“ UkrNafta, Ukraine's biggest oil extraction company, made UAH1.35 billion of net profit in 2004, 51.4% more than in 2003, the company's press service reported Wednesday, according to Interfax-Ukraine.


    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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