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     Business    

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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.


Russian company wins key EnergoAtom nuclear fuel supply tender

KIEV, June 18 – EnergoAtom, Ukraine’s state-owned nuclear generating company, has declared Russia's Techsnabexport the winner of a tender to buy nuclear fuel for reactors.


Energy diversity plans ???going well,??™ says Polish president

WARSAW, June 19 - Poland's efforts to diversify sources of energy supplies through imports from the Caspian via the Caucasus, the Black Sea and Ukraine are "going well," President Lech Kaczynski said Monday in Baku, Azerbaijan, according to a report by the Polish Press Agency (PAP).


Lviv??™s TPK spending UAH110 million on Bila Tserkva facility

KIEV, June 19 - Lviv-based TPK, a producer and supplier of construction materials for roofs and facades, has started building a new production facility to produce construction materials in Bila Tserkva with an overall sum of investments of UAH110 million.


Ukraine suspends exports of power to Belarus as demand surges

KIEV, June 20 - Ukraine suspended exports of power to Belarus, one of its biggest markets, amid growing domestic demand for energy and increasing exports to the European Union, a source at UkrInterEnergo, the power exporter, 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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