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     Business    

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EBRD worsens forecast for Ukraine's 2015 GDP decline to 7.5%

KIEV, May 14 – The European Bank for Reconstruction and Development has worsened its forecast for the fall in Ukraine's GPD in 2015 to 7.5%, while in January 2015 the bank assessed the fall at 5%, EBRD Principal Adviser for External Affairs Anton Usov told Interfax-Ukraine, referring to the EBRD forecast which was published on Thursday.


Japan sends 348 Toyota Prius cars for Kiev and Odessa police patrols

KIEV, May 15 – As part of the Green Investment Scheme, Japan has transferred 348 Toyota Prius cars to the Interior Ministry for use by the new patrol police service in Kiev and Odessa.


Yatseniuk announces coming reshuffling of Ukrnafta management

KIEV, May 15 – The top management of oil producer Ukrnafta, in which the state has a controlling stake, will be reshuffled and the stockholders will sign a new agreement, Prime Minister Arseniy Yatseniuk has said.


Russian natgas price to average $440/1,000 cm in 2012, says official

SEVASTOPOL, May 16 - The average annual price of Russian natural gas procured by Ukraine's national oil and gas company Naftogaz Ukrayiny will be $440 per 1,000 cubic meters this year, up from the current $425, Naftogaz CEO Yevhen Bakulin said at a ceremony marking the commissioning of the modern self-elevating floating drilling rig (SEFDR) Petro Hodovanets on Wednesday.


Foreign direct equity investment reported up 2.1% in 1st quarter

KIEV, May 15 – The growth of foreign direct investment in Ukraine in the form of equity capital was $846.9 million in Q1, 2.1% over same period in 2011, according to the State Statistics Service.


Yuzovska and Oleske industrial gas production to start in 2017

KIEV, May 16 - Industrial gas production at the Yuzovska (Kharkiv and Donetsk regions) and Oleske (Lviv and Ivano-Frankivsk regions) fields is to begin in 2017, Environment and Natural Resources Minister Eduard Stavytsky said.


Foreign direct investment up eightfold in Q1, according to government

KIEV, May 16 – The net increase in foreign direct investment (FDI) in Ukraine in the first quarter of 2011 has been estimated at $829.3 million, which is 8.4 times up on the same figure for the first quarter of 2010, the State Statistics Service reported Monday.


High forex reserves should send ‘positive signal,’ says NBU official

LONDON, May 16 – Ukraine's international reserves have exceeded $39 billion for the first time in the country's history, and this “should send a positive signal," Petro Poroshenko, head of the Council the National Bank of Ukraine, said at the opening of the seventh Ukrainian Investment Summit organized by the Adam Smith Conferences in London on Monday.


Investors bearish on Ukraine at Adam Smith Conference in London

LONDON, May 16 - Reform has ground to a halt in Ukraine, which is losing its investment appeal, investors said during the seventh Adam Smith Conference summit in London.


Systems Capital Management to acquire control over Donkerampromsyrio

KIEV, May 16 - UMG United Mineral Group Limited (Nicosia, Cyprus), a subsidiary of CJSC System Capital Management (SCM, Donetsk), which was established to manage assets in the clay extracting sector, may soon gain control over Donkerampromsyrio (Donetsk region), whose largest stockholder is Italian company Marazzi.


    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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