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UM Air faces 60 mln euro lawsuit in Spain for 2003 plane crash

KIEV, Jan. 26 ??“ Ukrainian Mediterranean Airlines, or UM Air, is facing a 60 mln euros lawsuit from relatives of 62 Spanish soldiers that had died in a plane crash in 2003, Interfax-Ukraine reported Thursday.


Ukraine boosts alcohol output 27.4% on yr in 2005, committee says

KIEV, Jan. 26 - Ukraine in 2005 increased ethyl alcohol output by 27.4% compared to 2004, to 29.039 mln decaliters, according to the State Statistics Committee.


IUD mulls $3.6 bln investment in steel, coke sector through 2010

KIEV, Jan. 26 ??“ Industrial Union of Donbas (IUD), one of Ukraine??™s biggest steelmakers, will invest $3.6 bln in developing its steel and coking facilities by 2010, the company said.


Economics ministry wants partial state selloff of large cos

KIEV, Jan. 25 - The Ministry of Economics and European Integration has proposed changes to Ukraine??™s privatization strategy that would include selling 10-15% of state shareholdings in large attractive enterprises in small blocs, retaining state control over these companies.


Ferroalloy producer group warns of manganese ore import threat

KIEV, Jan. 26 - Ukraine's Association of Ferroalloy Producers warned the government Wednesday that robust imports of manganese ore may destroy the country's manganese ore extracting industry.


President says Ukraine will seek to add Europeans to gas pipeline JV

STRASBOURG, Jan. 25 ??“ President Viktor Yushchenko indicated Tuesday that Ukraine will seek to change a Russian-Ukrainian natural gas pipeline joint venture by inviting a European company to the project.


IMF confirms forecast that Ukraine's GDP to grow 4% in 2024, 3.5% in 2025

KYIV, Dec 23 – The International Monetary Fund has confirmed its forecast from a month ago about Ukraine's GDP growth this year by 4% and its slowdown to 2.5-3.5% next year.


Russia disrupts Ukraine’s registration services with powerful cyberattack

KYIV, Dec 23 – Due to Russia's cyberattack, all registration actions are unavailable in Ukraine, about 25 state registers have been suspended, the consequences of the attack on the registers will become fully clear after the restoration of the register, managing partner of the RI Group law firm Oleksandr Keer said.


Energoatom to extend for 10 years life of unit No 2 at Pivdennoukrainsk NPP

KYIV, Dec 23 - JSC Energoatom is carrying out preparatory work to submit an application for the extension of the operation of the second unit of Pivdennoukrainsk NPP, the company reported on Telegram on Monday.


Coal miner DTEK sees potential in development of small modular reactors

KYIV, Dec 22 – DTEK energy holding sees great potential in the development of small modular reactors (SMRs) and the prospect of their construction on existing sites of coal and gas thermal power plants, Dmytro Sakharuk, executive director of the holding, says.


    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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