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     Business    

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Poltava Mining increases production of iron ore by 9% in 2007

KIEV, Jan. 24 - Poltava Mining, Ukraine's biggest producer of iron ore pellets, increased production of iron ore by 9%, or 28.934 million tons, in 2007.

Production of iron ore concentrate rose 10% to 10.652 million tons, and pellet production grew 6% to 9.072 million tons, including 5.372 million tons of pellets with 62% iron and 3.701 million tons with 65% iron, the company said in a press release.


Russia’s TVEL to supply 2008’s first batch of nuke fuel next month

KIEV, Jan. 23 - OAO TVEL (Russia) will supply this year's first batch of fresh fissile fuel for Ukrainian nuclear power plants in February, the national nuclear power generation company EnergoAtom said on Wednesday, referring to a schedule approved by both sides.


Britain’s EMC to take part in development of Muzhyevske gold deposit

KIEV, Jan. 24 - Britain's European Minerals Corporation (EMC) said that it plans to take part in the development of the Muzhyevske gold deposit in Zakarpattia region, investing funds in it and using modern technologies.


UniCredit Group completing deal to buy Ukrsotsbank from Pinchuk

KIEV, Jan. 24 - Italy's UniCredit Group is completing a deal on the acquisition of Ukrsotsbank, which is among the top-five Ukrainian banks, from Viktor Pinchuk, a source in the banking circles has told Interfax-Ukraine.


Ukraine’s Metinvest to overtake Russian steel giant for No. 5 slot

KIEV, Jan. 24 – Ukraine’s steel and mining industry champion, Metinvest, will overtake a Russian steel giant to become the world’s No. 5 biggest producer of iron ore in 2008, a company official said Thursday.


Number of cell phone users in Ukraine up 63% to 49 mln in 2006

KIEV, Jan. 22 ??“ The number of cell phone users in Ukraine rose 63% in 2006, a half the pace of growth the previous year, as the market has been gradually reaching saturation, analysts said.


UkrInterEnergo starts exporting power to Hungary??™s Emfesz Kft

KIEV, Jan. 24 ??“ The state trader UkrInterEnergo started supplying Ukrainian power to Hungarian energy trader Emfesz Kft earlier this month, an official at the Ukrainian company said.


Ukraine??™s biggest iron ore pellet producer mulls price hike

KIEV. Jan 24 - Poltavsky GOK, Ukraine's biggest iron ore pellet producer, could increase its prices 10%-30% in the coming months, an owner of the company said.


Interpipe Corp mulls shifting operation towards services sector

KIEV, Jan. 24 - Interpipe Corp., Ukraine??™s biggest producer of steel pipes, plans to shift much of its operation to services sector, Maksym Beliachenko, a company official, said Monday.


Ukraine plans to boost Burshtyn??™s power export capacity

KIEV, Jan. 24 ??“ Energy Company of Ukraine, the national power grid, plans to boost export capacity of Burshtyn cogeneration plant by 100 megawatt by 2007 and to improve the reliability of its operations, the company said.


    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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