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UJ Week
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     Business    

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Sikorsky airport official sees 10% hike in number of flights to Ukraine

KYIV, May 18 - Board Chairman of the Sikorsky Kyiv international airport (Zhuliany) Denys Kostrzhevsky predicts that transportation by air in Ukraine would grow by 7-10% a year in coming 10 years.


Russia's VTB says it is ready to sell its Ukrainian subsidiary bank

MOSCOW, May 19 – Russia's VTB says it is ready to sell a subsidiary bank in Ukraine if interesting offers appear.

VTB head Andrei Kostin said on Tuesday, speaking in London, that the group is facing large losses in its Ukraine business.


Nord Stream 2 may be aimed at pressuring Ukraine, says US envoy

WASHINGTON, May 18 - The Nord Stream 2 is not a commercial project, and its goal may be putting pressure on Ukraine from the Russian side, U.S. Department of State Special Envoy and Coordinator for International Energy Affairs Amos Hochstein said.


Naftogaz: No conflict seen in deputy chairman offshore holdings

KIEV, May 18 – Naftogaz Ukrainy after making internal inquiries says it has not revealed violation of internal regulations of the holding or any conflicts of interest involving employees who were associated with offshore companies.


Ukrainian companies receive right to participate in WTO procurement

KIEV, May 18 – Ukrainian companies since May 18 have received the right to participate in public procurement of 45 countries participating in the agreement of the World Trade Organization on government procurement (GPA), including EU countries, Japan, the United States, Korea, Taiwan, Singapore, Hong Kong and Canada.


Ukrpromzovnishekspertyza: China speculation driving steel price rise

KIEV, May 19 – The sharp increase in the prices of iron bars and long steel on the regional markets continued in April: the prices grew by $80-130 per ton depending on the region compared to March.


Kiev's Fidobank trying to cope with run on bank by customers

KIEV, May 19 – Fidobank (Kiev) claims temporary difficulties with settling transactions of clients due to liquidity problems. The bank also explained its problems with payments by a sharp outflow of funds from accounts of clients in the past 24 hours amid the information pressure on clients.


American Chamber comes out in support of customs agency reforms

KIEV, May 20 – Business is waiting for work on the reshuffling of employees of customs agencies to be continued and welcomes the initiative to select future employees from among undergraduates, said Ihor Dankov the co-chairman of the committee for customs policy at the American Chamber of Commerce in Ukraine.


NBU extends restrictions on foreign exchange market by three months

KIEV, May 20 – The National Bank of Ukraine has decided to extend its restrictions on the forex market for another three months.

The restructions impose the obligatory sale of 50% of revenues in foreign currency on the interbank currency market to promote the reduction of the pressure on the hryvnia exchange rate.


US Excelerate Energy, Poland's ILF to study LNG terminal placement

KIEV, May 17 – Engineers from U.S. company Excelerate Energy and Poland's ILF will arrive next week at Odessa region's Yuzhny port to study the placement of a floating liquefied natural gas terminal, Head of the State Agency for Investment and National Projects Management head Vladyslav Kaskiv 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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