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UJ Week
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     Business    

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Naftogaz Ukrayiny goes to Supreme Court to stave off RUE gas return

KIEV, Sept. 24 - Naftogaz Ukrayiny has filed a cessation to the Supreme Court of Ukraine against a decision of Kiev Shevchenkivsky District Court confirming a decision of the Arbitration Institute of the Stockholm Chamber of Commerce, which obliges Naftogaz to return 11 billion cubic meters of gas (bcm) to RosUkrEnergo and pay a fine of 1.1 bcm of gas in commodity terms, the court's press service has reported.


Commodity foreign trade deficit projected to rise 20-23% this year

KIEV, Sept. 25 – The deficit of Ukraine’s foreign trade in commodities in 2007 may rise by 20-23% over 2006, to $8-8.2 billion, whereas in 2008 the deficit of foreign trade in commodities and services is expected to fall to $3.7-3.8 billion, said Economy Minister Anatoliy Kinakh.


Government may slap quota on grain exports through March 31

KIEV, Sept. 24 - The Ukrainian government could introduce an export quota on grains totaling 1.2 million tons for the period until March 31, 2008, Economy Minister Anatoliy Kinakh told journalists on Monday.


UkrGazVydobuvannia puts 45 wells into production through August

KIEV, Sept. 24 - UkrGazVydobuvannia, the biggest gas producer in Ukraine, put 45 wells into production in the first eight months of the year (39 gas and six oil), including six gas wells in August, the company said.


Nine Ukrainians enter billionaires club this year, says Polish mag

KIEV, Sept. 25 – The number of billionaires in Ukraine increased by nine people within the year, and now 24 Ukrainians are dollar billionaires According to the Polish magazine Wprost.


Oil and fat companies ordered to form price stabilization reserve

KIEV, Sept. 25 - The oil and fat companies of the Ukroliyaprom association will create a vegetable oil price stabilization reserve, increase oil production and expand the outlet chain, including oil sale outlets to the public at producer prices in order to stabilize the price situation on the domestic market.


No growth this year for coal production, says coal industry ministry

KIEV, Sept. 25 - Ukraine's Coal Industry Ministry reduced the national coal production forecast for 2007 again, and now expects that output will not exceed last year's 80 million tons.


State Property Fund seeks to annul 2001 sale of mining company stakes

KIEV, Sept. 26 - Ukraine's State Property Fund is seeking to annul the 2001 sale of stakes in Marhanets Mining and Ordzhonikidze Mining by the state company Ukrainian Polymetals.


SBU urges regulators to check nuclear plants for counterfeiting

KIEV, Sept. 26 - Ukraine’s security service, SBU, on Wednesday urged the country’s regulators to immediately check pipelines and other equipment used by nuclear power plants after seizing a shipment of apparently counterfeited equipment.


Arcelor Mittal, Illich form consortium to bid on iron ore deposit

KIEV, Sept. 26 - Arcelor Mittal Kryviy Rih, Ukraine’s No. 1 steel mill, and Illich Steel, the No. 2 mill, have formed a consortium to bid for development of a major iron ore deposit, the companies reported Wednesday.


    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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