KIEV, Feb. 3 – The products of Lviv-based OJSC Iskra, Ukriane's largest light bulb producer, will become noncompetitive with the new price of natural gas, according to its director general and board chairman, Myron Kostiv.

"Today, the price of gas was set at UAH 2,570 per thousand cubic meters. Compared with last year, this is a large rise in the price. Unfortunately, this could be a crucial factor, as [this] is a level of the price of gas at which our products … become noncompetitive. So we cannot compete on the markets," he told Interfax-Ukraine.