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UkrNafta blames tax burden, price controls for poor profits in 2007
Journal Staff Report

UkrNafta, Ukraines largest oil producer, blamed increased tax burden and administrative control over gas prices for its steep drop in profits last year. UkrNaftas gross revenues in 2007 grew by 4.4% to UAH 13.6 billion in 2007, while net revenues fell by 41.2% to UAH 4.93 billion.





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Currencies (in hryvnias)
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USD 27.11 27.12
RUR 0.457 0.457
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PFTS 303.9 303.8
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