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                        THURSDAY, JULY 18, 2024
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Ukraine GDP growth will slow next year, according to Fitch forecast

KIEV, Oct. 28 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.

Business slowdown may lead to lower Kiev rents, says realtor

KIEV, Oct. 28 Declines in business activity on the office market in Kiev could lead to a decrease in rent rates, Radomir Tsurkan, the manager of the Ukrainian office of CB Richard Ellis international company, forecasts.

Work suspended on new Kharkiv passenger rail terminal due to economy

KREMENCHUK, Oct. 28 The construction of an international rail passenger terminal in Kharkiv has been suspended due to the economic crisis, Southern Railways head Viktor Ostapchuk said.

He said that according to the schedule, the terminal's construction should have started in 2008.

Khmelnytsky reactor in line with IAEA standards, EnergoAtom reports

KIEV, Oct. 29 The safety standards at reactor two at the Khmelnytsky Nuclear Power Plant are in line with the standards of the International Atomic Energy Agency, the national nuclear generating company EnergoAtom reported on Tuesday.

Russias Globalstroy-Engineering likely to build suspension PVC plant

KIEV, Oct. 29 Russia's OAO Globalstroy-Engineering (earlier Lukoil-Neftegazstroy), the largest Russian constructor of oil and gas infrastructure, is likely to become chief constructor of a suspension polyvinylchloride plant at Karpatnaftokhim Ltd. (Kalush in Ivano-Frankivsk region), which is under control of Lukoil -Neftekhim.

Lviv council discussing heat system finance with Raiffeisen

LVIV, Oct. 29 Lviv city council announced it is in talks with Austria's Raiffeisen Investment AG on cooperation in drawing up designs for a new heat supply scheme in the city and selecting investors to build it.

Ukraine must liberalize natgas prices in exchange for IMF aid

KIEV, Oct. 30 - Ukraine pledged to liberalize domestic natural gas prices before the end of 2011 in exchange for $16.5 billion loan from International Monetary Fund to help the country avoid economic recession.

Naftogaz Ukrayiny eurobond holder meeting rescheduled for Nov. 14

KIEV, Oct. 29 - A meeting of Naftogaz Ukrayiny eurobond holders has been rescheduled for Nov. 14, a market source told Interfax-Ukraine.

Innex shareholders continue talks with Russias RTS Stock Exchange

KIEV, Oct. 30 - The stockholders in Kiev-based Innex Stock Exchange last week held talks with Russia's RTS Stock Exchange in Kiev on the possible sale of a controlling stake in the Ukrainian stock exchange, Mykhailo Nazarchuk, the head of the exchange committee, told Interfax-Ukraine.

NBU: High growth pace boosts money supply more than expected

KIEV, Oct. 30 - The pace of growth in the money supply for 2007 planned by the National Bank of Ukraine's (NBU) council could exceed forecast due to the high pace of macroeconomic growth and active growth in social expenses, the NBU said.

    Archive of Business
Currencies (in hryvnias)
  17.07.2024 prev
USD 41.26 41.01
RUR 0.468 0.464
EUR 44.98 44.73

Stock Market
  16.07.2024 prev
PFTS 507.0 507.0
source: PFTS


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