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French Engie signs transmission and storage agreement with UkrTransGaz

KIEV, Oct. 28 - UkrTransGaz, the state gas shipper, and France's Engie on Friday signed an agreement on gas transmission and storage, making it the first European energy player to enter Ukraine's wholesale gas market.


Tokmak Solar Power launches first plant in Zaporizhia region

KIEV, Oct. 29 - Tokmak Solar Energy LLC launched the first phase of a solar power plant in Tokmak district of Zaporizhia region with a capacity of 1.5 MW, the press service of Zaporizhia Regional Administration has reported.


Ukraine begins heating season with enough natgas stored

KIEV, Oct. 29 - Ukraine began the 2012/2013 heating season with natural gas reserves in underground gas storage facilities of about 21 billion cubic meters (bcm), Minister of Energy and Coal Industry Yuriy Boyko said.


UkraineТs joining of European energy pact is an obstacle, Russia says

KIEV, Oct. 29 Ц Russian Ambassador to Ukraine Mikhail Zurabov said Ukraine's joining the European Energy Community is an obstacle to the creation of an international gas consortium for the management of Ukraine's gas transport system with involvement of Gazprom.


Four companies bid to supply drilling oil, gas rigs to Naftogaz

KIEV, Oct. 29 Ц Four companies submitted bids for a tender to supply two semi-submersible floating drilling rigs to Naftogaz Ukrayiny, the company reported.

Latvia's Rigas Kugu Buvetava, Singapore's Keppel FELS Limited, Belize's Magic Worldwide Ltd and Belize's Aida Holding Ltd submitted the bids.


Hryvnia loses value against dollar on forex market trading

KIEV, Oct. 29 Ц The exchange rate of the hryvnia against the U.S. dollar on the interbank forex market on Monday fell to UAH 8.1800 from UAH 8.1675 per U.S. dollar registered on Friday, October 26.


Ukrainian billionaire Novinskiy buys Forum Bank from Commertzbank

KIEV, Oct. 30 - Ukrainian billionaire Vadim Novinskiy's Smart-holding has closed the acquisition of 96.06% of the shares in Kiev-based Forum Bank from Commerzbank AG, the holding said in a press release.


NERC to increase tariffs for energy from renewable sources Nov. 1

KIEV, Oct. 27 Ц The National Electricity Regulatory Commission is to increase tariffs for electricity generated from renewable sources by 1.44% effective November 1.


Disclosure level falls short at Ukrainian banks, survey shows

KIEV, Oct. 28 Ц The average level of information disclosure by 30 largest Ukrainian banks was 46.14%, which is evidence of a lack of transparency in the Ukrainian banking system compared to the international practice of information disclosure.


Ukraine GDP growth will slow next year, according to Fitch forecast

KIEV, Oct. 28 Ц Growth in Ukraine's gross domestic product in 2011 is expected to reach 4.7%, but in 2012 it may slow to 4%, according to a forecast by Fitch Ratings.

According to the forecast, the average annual inflation in 2011 is projected at 9.5% and in 2012 at 9%, while the average hryvnia exchange rates are expected at UAH 8.10/$1 and UAH 8.30/$1 respectively.


    Archive of Business
Currencies (in hryvnias)
  23.06.2017 prev
USD 26.03 26.02
RUR 0.433 0.434
EUR 29.07 29.01

Stock Market
  22.06.2017 prev
PFTS 285.1 283.5
source: PFTS

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