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Europe mulls peacekeeping force for Ukraine ...

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Ukraine software exports will hit $8 billion by 2015, says PM

KIEV, Dec. 23 – Prime Minister Mykola Azarov believes that Ukraine can raise export of software products to $8 billion by 2015.

"We are capable of raising level of exports of software products by 2015 to some $8 billion," he said at a meeting with associations dedicated to the IT industry development in Kiev on Friday.


Renewable capacity will double in 2012, says trade group chief

KIEV, Dec. 23 - The installed capacity of renewable energy facilities in Ukraine in 2012 will at least double, according to Vitaliy Daviy, the president of the Association of Alternative Fuel and Energy Market Participants of Ukraine (APEU).


Ukrainian businesses worsened inflation expectations in Q4, says NBU

KIEV, Dec. 26 - Ukraine's business circles worsened their inflation expectations in the fourth quarter, according to a poll of enterprise heads by the National Bank of Ukraine.

"The expected inflation for next 12 months was 14% on average [the increase by 0.4 percentage notches compared to the level predicted in the previous quarter]," reads the report.


Natgas talks won’t put Europe at risk, says Russian official

MOSCOW, Dec. 26 - The Russian-Ukrainian talks on the terms for gas supplies to Ukraine do not put Russian gas supplies to Europe at risk, Russian Energy Minister Sergei Shmatko said in an interview with the Russia 24 TV channel.


Austrian bidder for Ukrtelecom stake reveals restructuring plans

KIEV, Dec. 23 – Austria's EPIC plans to restructure OJSC Ukrtelecom if the company buys a state-owned 92.79% stake in the operator, and then the company would resell it.

A managing partner of EPIC, Peter Goldscheider, gave his opinion to Interfax-Ukraine.


Dnipropetrovsk’s Velta starts Kirovohrad ilmenite operation

KIROVOHRAD, Dec. 23 – Dnipropetrovsk-based Velta industrial and commercial firm Ltd. has started building an ore mining and ilmenite concentrate enrichment mill on the Birzulovske field (Kirovohrad region).


Bankers cite bad credits, low legal protection as key challenges

KIEV, Dec. 23 – The large volume of bad credits, bad financial state of borrowers and the low level of legal protection of creditors would hinder the development of the Ukrainian banking system in 2011, according to heads of the largest banking associations of the country.


Britain’s Regal Petroleum faces deprivation of Poltava gas licenses

KIEV, Dec. 24 – Britain's Regal Petroleum plc with assets in Ukraine could be deprived of its licenses to develop the Mekhediviska-Golotvshinska (MEX-GOL) and Svyrydivske (SV) gas and condensate fields in Poltava region.


Industrial Union of Donbass finishing talks on restructuring of debt

KIEV, Dec. 24 - The Industrial Union of Donbass is finishing talks with international creditors on the restructuring of its debt and hopes to sign the agreement in January-February 2011, said ISD Vice President Oleksandr Pylypenko.


Healthcare advisory group urges changes to state tender purchase law

KIEV, Dec. 24 - Amendments to the law on tender state purchases, which should be made as soon as possible, could improve medical services for the public, Volodymyr Symonenko, a member of the advisory council following the parliamentary committee for healthcare, said at a roundtable in Kiev.


    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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