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UJ Week
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     Business    

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Rada approves UAH1 billion bond issue to boost Ukrhydroenergo capital

KIEV, June 20 – Parliament has permitted the issue of government domestic loan bonds worth UAH 1 billion to use to pay for additionally issued shares of public joint-stock company Ukrhydroenergo (Vyshgorod, Kiev region).


Energy and coal ministry increases fuel excise duty by EUR35.26/ton

KIEV, June 20 – The Energy and Coal Industry Ministry reports it has increased the excise duty on gasoline and diesel fuel for the second ten-day period of June by EUR 35.26 per ton, to EUR 233.26 per ton.


Ukraine gross foreign debt up 2.7% to $120.5 billion in first quarter

KIEV, June 17 – Ukraine's gross foreign debt grew by 2.7% to $120.5 billion in Q1, according to the National Bank of Ukraine.

"In the first quarter of 2011 Ukraine's gross foreign debt grew by $3.1 billion, or 2.7%, to $120.5 billion (84.1% of GDP) as of April 1, 2011," the NBU said in a posting on its official Web site.


Accelerated GDP rise brings recovery hope, says NBU advisor

KIEV, June 17 – The pickup of Ukraine’s GDP growth over the first five months of 2012, from 4.6-4.9% in April to some 5% in May, provides encouraging news that the country’s economic recovery may be accelerating, according to Valeriy Lytvytsky, the head of the group of advisors to the National Bank of Ukraine's governor.


Metinvest announces plans to double annual steel output to 30mt

KIEV, June 20 - Ukraine’s largest steel and mining group Metinvest plans to double output of steel to 30 million mt/year in the next several years, the company said in a statement Monday.


Ukraine may begin tapping shale gas deposits next year, says official

KIEV, June 20 - Ukraine may begin tapping shale gas deposits in the second quarter of 2012 after contracts with major energy oil and gas companies are signed, a senior official at Naftogaz Ukrayiny said over the weekend.


Kliuyev calls on CIS to complete work on free-trade agreement

KIEV, June 17 – Ukraine believes that a priority for the CIS is to complete new wording of a free trade area agreement and sign it at a summit of the CIS member states, Ukraine's representative in the CIS Economic Council, First Deputy Prime Minister Andriy Kliuyev, told journalists in St. Petersburg, Russia.


New tax code aimed at helping big business, shadow government charges

KIEV, June 18 – The new wording of the tax code is aimed at supporting big business at the expense of small and medium businesses, according to the shadow government.

"The target of this code is to give the possibility to one hundred companies to transfer taxation to millions citizens of the country," MP from the BYT faction and head of the committee for budget and financial policy Serhiy Teriokhin said at a meeting of the opposition government in Kiev on Thursday.


NBU: Exchange-rate fluctuations led to April 0.5% foreign debt drop

KIEV, June 18 – Ukraine's gross foreign debt as of early April 2010 came to $102.8 billion, falling by $500 million or by 0.5%, according to a report by the National Bank of Ukraine.


Naftogaz Ukrayiny in new JV to sell Belarusan light fuel in Ukraine

ODESSA, June 18 – The Fuel and Energy Ministry, Naftogaz Ukrayiny, Belneftekhim Concern and BNK-Ukraine have signed a protocol of talks on the creation of a joint venture to sell Belarusan light fuel in Ukraine.


    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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