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     Business    

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Cabinet introduces restrictions on exports of iron and steel scrap

KIEV, May 22 – The Cabinet of Ministers has introduced restrictions on exports of iron-and-steel scrap of 900,000 tons.

Cabinet resolution No. 388 was signed on May 3.


Ukraine starts shipments of Azeri crude oil via Odessa-Brody pipeline

KIEV, May 20 - Ukraine started shipments of Azeri crude oil to two domestic oil refineries, located in Western regions of the country, via its Odessa-Brody oil pipeline, Ukraine’s oil shipping monopoly UkrTransNafta reported Friday.


Ukraine to introduce new export duties on wheat, corn and barley

KIEV, May 19 – Ukraine will introduce duties on the export of wheat (of 9%, or at least EUR 17 per ton), corn (12%, or at least EUR 20 per ton), and barley (14%, or at least EUR 23 per ton) for the period until January 1, 2012.


NBU says it will keep rates unchanged despite inflation fears

KIEV, May 19 - The National Bank of Ukraine still plans to keep its discount and refinancing rates unchanged in spite of rising inflation pressures in the country, the NBU's first deputy, Yuriy Kolobov, said at a press conference on Thursday.


Economy performed better than expected early this year, says official

LONDON, May 19 - Ukraine's economy in early 2011 developed better than initially expected, allowing the Economic Development and Trade Ministry to start improving the macroforecast for the entire year, first deputy minister Anatoliy Maksiuta told Interfax-Ukraine.


Grain harvest to top 45 million tons this year, says official

KIEV, May 20 – The grain harvest in Ukraine this year will be more than 45 million tons, according to First Deputy Agricultural Policy and Food Minister Mykola Bezuhly.


Moody’s projects GDP growth rate at 5.9%, inflation at 14.5%

KIEV, May 20 - Moody's Investors Service projects gross domestic product growth in Ukraine in 2008 at 5.9% with inflation at 14.5% (December over December).

According to Moody's, in 2009, Ukraine's GDP is expected to grow by 6.5%, while inflation is forecasted to drop to 12%.


New refinery for Caspian crude could cost $4b, says energy minister

KIEV, May 21 – The cost of building a new oil refinery to refine Caspian crude in Ukraine is around $4 billion, according to Fuel and Energy Minister Yuriy Prodan estimated, referring to the data from a marketing study conducted by Britain's Mott MacDonald Company.


Ivano-Frankivsk chemical company to halt production due to fuel price

KIEV, May 21 - Karpatnaftokhim Ltd. of Ivano-Frankivsk region announced plans to stop production in the near future for two-and-a-half months due to high prices of fuel – its core raw material.


East One consulting group sells 30% stake in special steels maker

KIEV, May 21 - East One, an investment consulting group, said it has sold its stake in Dniprospetsstal (DSS), Ukraine's largest special steels maker.

The details of the deal have not been disclosed. East One owned about 30% of Dniprospetsstal as of mid-March.


    Archive of Business
Currencies (in hryvnias)
  01.10.2024 prev
USD 41.22 41.17
RUR 0.443 0.443
EUR 46.15 45.95

Stock Market
  30.09.2024 prev
PFTS 507.0 507.0
source: PFTS

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