BRUSSELS, Dec. 29 - The European Commission has called on Russia and Ukraine to ensure smooth oil supplies to European Union countries.

Russian leaders activated an early warning mechanism to warn the EU of possible disruptions in oil supplies, the EC said in a statement.

KIEV, Dec. 29 – Ukraine will hike tariffs for transit of Russian crude oil to the European Union by 30% in 2010 and will switch to charging euros, not U.S. dollars, for the service.

KIEV, Dec. 26 – The average monthly salary in Ukraine in November fell by 4.9% to UAH1,823, down from UAH1,917 in October and UAH1,916 in September, according to the State Statistics Committee.

KIEV, Dec. 29 ??“ Ukraine's largest assets management company System Capital Management (SCM) has decided not to bid for Pakistan Steel Mills Corporation (PSMC), the company said Wednesday.

KIEV, Dec. 29 ??“ Ukrainian Radio Systems, a small cell phone company that was recently purchased by VimpelCom of Russia, plans to attract $500 million investment within five years for rapid expansion, a company official said.

KIEV, Dec. 28 ??“ By Dec. 27, the state-owned ChornomorNaftoGaz had produced 1.120 billion cubic meters of natural gas, which was 1% up on the annual target, and 7.6% up on 2003.

KIEV, Dec. 28 ??“ Russian and Ukrainian space-flight managers are busy trying to rectify a situation which caused Sich-1M and Micron 1 satellites, launched on Dec. 24 atop a Tsyklon-3 rocket, to fail to attain their planned orbit.

KYIV, Nov 29 – The law on increasing the bank profit tax from 18% to 50% in 2023 and to 25% in subsequent years, adopted without discussion with banks, is discriminatory and has long-term negative consequences for the investment and business climate in Ukraine, Board Chairman of Raiffeisen Bank (Kyiv) Oleksandr Pysaruk said.

KYIV, Nov 28 – The demand in the suburban real estate market of Ukraine increased significantly in the fall of 2022, people are most actively looking for houses with a generator, a basement and their own well, follows from the analytics of the OLX Real Estate portal.