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UJ Week
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     Business    

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World Bank to invest $800 million in Kiev-Dovzhansky highway

KIEV, Jan. 27 – The World Bank has confirmed its plans to invest $800 million, under the Third Secondary and Local Roads Project, in the Poltava-Kharkiv section of M-03 Kiev-Kharkiv-Dovzhansky highway.


Real wages in Ukraine reported as falling by 13.6% last month

KIEV, Jan. 27 - Real wages in Ukraine (excluding Crimea and Sevastopol) in December 2014 fell by 13.6% from December 2013 and they grew by 10% from November 2014, the State Statistics Service reported.


Dnipropetrovsk's Interpipe to exit Russian market this year

KIEV, Jan. 29 – Interpipe Pipe and Wheel Company (Dnipropetrovsk) is selling the major part of its products on the European, NAFTA, Middle Eastern and African markets, and in 2015 the company plans to leave the Russian market.


Police open criminal cases on seizure of Poltava and Sumy buildings

KIEV, Jan. 27 – The police have opened criminal cases on the seizure of the buildings of Poltava and Sumy Regional State Administrations.

A prejudicial inquiry has been launched by Poltava regional investigation department of Ukraine's Interior Ministry under Part 1, Article 341 of the Criminal Code of Ukraine (seizure of state public buildings or facilities for its further illegal using).


SPF to auction Turboatom and Azovmash state stakes in December

KIEV, Jan. 29 – The State Property Fund announced it plans in December 2014 to put a 75.22% stake in OJSC Turboatom (Kharkiv) and a 50% stake in Azovmash (Mariupol, Donetsk region) up for sale, according to the schedule for putting groups B and G facilities up for sale published on January 28, 2014.


Survey: 68% of Ukrainians believe most of their food contains GMOs

KIEV, Jan. 28 – Two thirds of Ukrainians (68%) believe most foods in Ukraine contain genetically modified organisms, according to a survey conducted by the Research & Branding Group.

The opposite opinion is shared by 16% of those polled.


State set to receive 31-60% of Yuzovska hydrocarbon PSA profits

KIEV, Jan. 29 – The share of the state in the distribution of profitable hydrocarbon products extracted under a production sharing agreement [PSA] with Shell and Nadra Yuzovska on the Yuzovska field (Kharkiv and Donetsk regions) will amount to 31-60%, according to a draft agreement published by Ivan Varchenko, a Kharkiv City Council member from the Batkivschyna party.


Ukraine’s balance of payments deficit rose 70% last year, NBU reports

KIEV, Jan. 29 – The deficit of Ukraine's balance of payments in 2012 came to $4.174 billion, 70% over 2011’s $2.455 billion, the National Bank of Ukraine reported.

The deficit of the balance of payment in December 2012 stood at UAH $838 million, versus $93 million in December 2011 and up by 55.5% from November 2012’s $539 million.


Russia’s Lukoil to invest over $60 million in Karpatnaftokhim

KIEV, Jan. 26 – Russia's Lukoil oil company is planning to invest over $60 million in the development of Karpatnaftokhim petrochemical company (Kalush, Ivano-Frankivsk region), Karpatnaftokhim Director General Serhiy Chmykhalov said.


Dnipropetrovsk agency offers two sites to Switzerland’s Euroglas

DNIPROPETROVSK, Jan. 27 – The Dnipropetrovsk investment agency has offered two sites in Piatykhatky and Zhovti Vody districts to Switzerland's Euroglas, which plans to invest EUR 250 million in the construction of a coated and float glass plant in the region, the Dnipropetrovsk regional council reported.


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Currencies (in hryvnias)
  20.09.2024 prev
USD 41.44 41.41
RUR 0.446 0.454
EUR 46.24 46.12

Stock Market
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PFTS 507.0 507.0
source: PFTS

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