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Kromberg&Schubert to boost employment at Zhytomyr production site

KIEV, April 19 – The Kromberg&Schubert manufacturer of cable systems for cars, intends in three years to increase the number of employees at the second production site in Ukraine in Zhytomyr to 5,000 people (today the plant employs 900 workers).


Ukraine aluminum ore and bauxite imports reported up 1% in Q1

KIEV, April 17 – Ukraine saw a 1% rise in imports of aluminum ore and concentrate (bauxites) in physical terms year-on-year in Q1, to 1.054 million tons.


Ukrainian beer and soft drink maker entering Chinese market

KIEV, April 17 – Obolon Corporation, one of the largest producers of beer and soft drinks in Ukraine, is entering the Chinese market.

Obolon supervisory board chairman Serhiy Bloschanevych said at the National Export Forum that Ukrainian breweries are trying to compensate their loss of part of the domestic market.


Ukraine balking at restructuring terms proposed by creditors

KIEV, April 20 – Ukraine does not agree on certain of foreign debt restructuring principles proposed by the committee of creditors, holding in aggregate approximately $10 billion of instruments within the perimeter of Ukraine's debt operation, reads a Finance Ministry presentation for the creditors.


Union and business leaders ask for moratorium on iron ore royalty hike

KIEV, April 20 – The heads of leading sector unions, mining companies, associations and trade unions have asked the Ukrainian authorities and profile ministries to impose a moratorium on the increase of royalties for the production of iron ore and form working groups to attract experts and market players to draw up a transparent and justifiable royalty mechanism.


Nuclear summit communiqué calls for collective action on safety

KIEV, April 19 - The participants in a summit dealing with safe and innovative utilization of nuclear power in Kiev on Tuesday have endorsed a declaration, the text of which is available on the Ukrainian presidential website.


Unemployment up 13% in Q1; ULIE president blames new tax code

KIEV, April 20 – Unemployment in Ukraine increased by more than 13% over January 1 through March 1, 2011, according to Anatoliy Kinakh president of the Ukrainian League of Industrialists and Entrepreneurs.


KfW Entwicklungsbank to join stockholders of Kiev’s ProCredit Bank

KIEV, April 19 - KfW Entwicklungsbank (Germany) will join the stockholders of Kiev-based ProCredit Bank, First Deputy Chairman of ProCredit Bank's board Viktor Ponomarenko told Interfax-Ukraine.

"The procedure of the registration of German KfW as a stockholder in ProCredit Bank in Ukraine is nearing completion now," he said. "


Fitch assigns ‘B-‘ rating to upcoming DTEK Finance eurobond

KIEV, April 19 - Fitch Ratings has assigned the upcoming eurobond issue of DTEK Finance B.V., a finance vehicle for DTEK Holdings B.V., an expected foreign currency senior unsecured rating of 'B-', Fitch said in a statement.


NSAU chief: Taurus II program participation could boost sector 25%

KIEV, April 19 – Participation in the Taurus II rocket international program would allow a 25% rise in production at some leading companies in the sector, according to Yuriy Alekseyev, the head of the National Space Agency of Ukraine (NSAU).


    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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