FRIDAY, JUNE 22, 2018
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Shell and Nadra Yuzovska to get extensive tax breaks under PSA

KIEV, Jan. 29 - Shell and Nadra Yuzovska LLC have been released from environmental taxes, fees for special water use, land payments, customs fees, rental fees for gas production, markups on the current gas tariff and fees for obligatory pension insurance for the development of Yuzovske deposit (Kharkiv and Donetsk regions).

Ukraine must move toward fiscal consolidation, says IMF director

KIEV, Jan. 29 - Ukraine will need new steps towards fiscal consolidation, as well as changes in the exchange rate and tariff policies to achieve progress in talks with the International Monetary Fund, IMF Deputy Executive Director Yuriy Yakusha, representing Ukraine in the fund, said in a letter.

Ukraines GDP growth hit 5.2% in 2011, according to government

KIEV, Jan. 30 The growth in Ukraine's real gross domestic product accelerated to 5.2% in 2011 from 4.2% in 2010, the State Statistics Service reported on Monday.

The service said that in the fourth quarter of 2011, the pace of growth, compared to the same period in 2010, slowed to 4.6%, from 6.6% in the third quarter.

Ex-Naftogaz chief: Transition to alternatives better than gas talks

DAVOS, Jan. 27 The steps Ukraine is taking to reduce Russian natural gas consumption by transitioning to alternative gas suppliers, other energy resources and active energy conservation will be much more effective than attempting to lower the price through negotiations, ex-head of Ukraine's national oil and gas company Naftogaz Ukrayiny Oleksiy Ivchenko said.

Russias Lukoil to continue Odessa operation pending Ukraine action

DAVOS, Switzerland, Jan. 30 - Russia's Lukoil is maintaining its Odessa Oil Refinery in working order, awaiting a decision from the Ukrainian authorities on improving the economics of oil refining in order to re-launch the refinery, Lukoil President Vagit Alekperov told journalists in Davos on the sidelines of the eighth Ukrainian lunch organized by the Victor Pinchuk Foundation.

Siemens AG seeks to rival Chinese to sell high-speed trains to Ukraine

KIEV, Jan. 27 Germany's Siemens AG has been seeking to rival a Chinese company for building high-speed trains for a rail link between Kiev and its main international airport, Boryspil.

Ukraine to support car wiring business Leonis plans to expand

KIEV, Jan. 26 The Ukrainian government is ready to support the plans of LEONI Wiring Systems UA GmbH, a producer of automotive wiring harnesses for European manufacturers, to expand its production in Ukraine, Prime Minister Mykola Azarov has said.

Ukraines possible duties on fuel imports to be challenged via WTO

KIEV, Jan. 27 Any decision to introduce duties on imported fuel could be challenged in line with the procedures of the World Trade Organization (WTO),
Ukraine has been studying whether to introduce the duties.

UkrTatNafta sues EnergoAtom, seeks to declare power firm bankrupt

KIEV, Jan. 27 UkrTatNafta, Ukraines largest oil refinery by capacity, filed a lawsuit against EnergoAtom, the state-owned nuclear power generator, seeking to declare the power producer bankrupt.

UkrTatNafta may boost oil refining 52% to 5.5 mil mt in 2011

KREMENCHUK, Jan. 27 UkrTatNafta, Ukraines largest oil refinery by capacity, may boost crude refining by 52% on the year to 5.5 million metric tons in 2011, an official said.

    Archive of Business
Currencies (in hryvnias)
  21.06.2018 prev
USD 26.48 26.45
RUR 0.416 0.413
EUR 30.65 30.50

Stock Market
  20.06.2018 prev
PFTS 454.3 458.8
source: PFTS


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