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UJ Week
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     Business    

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SPF asks oblenergos to report value of state stakes to be privatized

KIEV, July 20 – The State Property Fund has asked that the financial reports of Zakhidenergo, Kyivenergo and Zakarpattiaoblenergo give the value of the state-owned stakes in these companies that are to be put up for sale in August.


Zaporizhtransformator to launch 8 transformers at Spain solar plants

KIEV, July 21 - Zaporizhtransformator (ZTR) is planning to launch eight transformers at the solar power plants of Spain's Abengoa Group by late 2011, and four of them have already been installed, the company reported on Thursday.


Around 1% of the medicine sold in Ukraine is fake, official says

KIEV, July 21 – Around 1% of the medicine sold in Ukraine sold is fake or of low quality, State Service for Medicine Chairman Oleksiy Soloviov said.

He that the low quality medicine comes mainly from Southeast Asia. He said that the fake medicine is sold in large volumes and advertised on TV.


Moody’s confirms ratings of Ukraine’s mortgage-, asset-backed securities

KIEV, July 20 – Moody's Investors Service confirmed ratings on the notes of two Ukrainian residential mortgage-backed securities and asset-backed securities transactions.


Growing genetically modified plants is illegal in Ukraine, govt says

KIEV, July 21 – The growing of any genetically modified plants in Ukraine is illegal, as there have been no official applications to grow the said plants, according to the Environment Protection Ministry.


ArcelorMital buys Ukrainian limestone producer to supply its unit

KIEV, July 21 – ArcelorMittal, the world’s largest steel producer, acquired Beryslav Construction Materials Plant in Ukraine to supply limestone to its Ukrainian steel making unit, the company reported Wednesday.

ArcelorMittal did not disclose the deal's price tag.


Ukraine allocates 50 million hryvnias for missile fuel disposal

KIEV, July 21 – The government allocated 50 million hryvnias from the stabilization fund for the disposal of solid fuel from SS-24 intercontinental ballistic missiles at Pavlohrad chemical plant.

The National Space Agency of Ukraine was selected the main manager of the funds.


Steel and pig iron production expected to grow 14% this month

KIEV, July 20 - Steel and pig iron production in Ukraine will grow 14% in July to 2.65 million tons and 2.3 million tons, respectively, while the output of rolled products will grow 10% to 2.24 million tons, Industrial Policy Minister Volodymyr Novytskyy told the government newspaper Uriadovy Courier.


Share of bad loans in banking system up 0.5%, to 5.4%, as of July 1

KIEV, July 20 – The share of bad loans in the overall amount of loans provided by Ukrainian banks to their clients in June 2009 grew by 0.5 percentage notches, to 5.4% by July 1, according to the National Bank of Ukraine.


NBU says cenbank support of economy is hampered by low lending

KIEV, July 20 – The potential of the National Bank of Ukraine to support the economy is being curbed by the low lending activity of some banks, the NBU said in a letter to banks.

"The significant level of liquidity amid the insufficiently active use of free funds by some banks is limiting the NBU's ability to support the liquidity of those banks which actively work on the market and which are [aiding] the renewal of economic growth," reads the letter.


    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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