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Greeces Alpha Bank to close on purchase of 90% Astra Bank stake

KIEV, March 28 - Greece's Alpha Bank expects to close the acquisition of 90% of Kiev-based Astra Bank in the second quarter, the Greek bank said in a press release.

Astra Bank's current shareholders will retain a 10% stake in the bank and remain in management, the release said.

Aerosvit to start regular flights between Kiev and Naples on April 9

KIEV, March 30 – AeroSvit Ukrainian Airlines will start regular flights between Kiev and Naples, Italy as of April 9, Interfax-Ukraine reported citing a company official. The flights will be made on Boeing 737 four times a week.

Ukraine investigates UkrNafta for selling oil at below market price

KIEV, March 30 – Ukraine will investigate why its largest oil company UkrNafta has suddenly started to sell crude oil at 33% discount thus lowering payments to the state budget, officials said Wednesday.

Computer production grew about one-third last year in Ukraine

KIEV, March 30 – Some 700,000 to 900,000 computers were produced in Ukraine last year, or one third more than in 2003, according to manufacturers questioned by Interfax-Ukraine.

Auto official predicts drop in sales due to budget amendments

KIEV, March 30 - Sales of new cars in Ukraine in 2005 are likely to fall by 10-15% against 2004 due to amendments to the budget canceling breaks given to domestic auto makers, Igor Sotulenko, the president of the Ukrainian Association of Car Importers and Dealers, said on Tuesday.

Transport minister touts JV with Russians to avoid plant sale

KIEV, March 30 – Transport and Communications Minister Yevhen Chervonenko sees a good chance for establishing a joint project between Ukraine's Luhanskteplovoz and Malyshev Plant (Kharkiv) and Russia's Transmashholding and Severstal.

Naftogaz chief urges Russians to boost crude oil supplies via pipeline

KIEV, March 30 - Oleksiy Ivchenko, the chairman of state energy company Naftogaz Ukrayiny, urged Russian Energy Minister Viktor Khristenko to boost supplies of Russian crude via the Brody-to-Odessa oil pipeline for export via the Black Sea, Naftogaz said Wednesday.

Ukraines gas stocks in storage facilities decline on colder weather

KYIV, Jan 29 - Gas stocks in Ukraine's underground storage facilities have declined by 4.14 billion cubic meters (bcm) over the past three months to 12.82 bcm as of January 27, according to public joint-stock company Ukrtransgaz.

English court postpones decision on $3-bln Russia-Ukraine debt dispute

KYIV, Jan 29 An English court postponed the final decision in a dispute between Russia and Ukraine over $3 billion debt issued by pro-Russian government in 2013 months before it had fled to Russia following massive street protests.

Ukraines Alfa-Bank, Ukrsotsbank to merge within year to form one brand

DAVOS, Jan 30 Ukraines Alfa-Bank and Ukrsotsbank, owned by ABH Holdings SA, will be merged into one bank operating under the same brand, CEO of Alfa Group in Ukraine and general manager of Ukraine's Alfa-Bank Ivan Svitek said.

    Archive of Business
Currencies (in hryvnias)
  21.09.2018 prev
USD 28.06 28.12
RUR 0.422 0.420
EUR 33.03 32.81

Stock Market
  20.09.2018 prev
PFTS 539.4 539.2
source: PFTS


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