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Ukrprombank looking for investor March 31, 2009Ukrprombank has started looking for a strategic investor. EBRD to invest in agriculture of Ukraine March 31, 2009The European Bank for Reconstruction and Development (EBRD) is planning to invest 220 million euros in Ukraine’s farming sector in 2009, the EBRD’s Agribusiness Director, Gilles Mettetal, has said... Golden Foods to expand in Ukraine March 30, 2009Golden Foods, a snack producer, is planning to invest close to 20 million euros in the expansion of production in Ukraine... Wage arrears in Ukraine exceed 1.6 billion hryvnyas on March 1 March 30, 2009Wage arrears in Ukraine grew by 107.8 million hryvnyas from February to March 2009 to reach 1.643 billion hryvnyas as of March 1... Mitsubishi to design Donetsk, Dnipropetrovsk subways March 30, 2009As agreed during a two-day visit to Japan by Ukrainian Prime Minister Yulia Tymoshenko, Mitsubishi Heavy Industries will design the subway systems in Donetsk and Dnipropetrovsk... March 27, 2009 The European Bank for Reconstruction and Development (EBRD) is planning to allocate funds to five Ukrainian banks... Olympic center in Kyiv to have foreign consultants March 26, 2009The Ministry of Family, Youth and Sports of Ukraine has chosen the Finnish company Poyry and the British company Strategic Leisure to consult the national sport center Olimpiysky in Kyiv, Deputy Minister Serhiy Drach has said... Japan mulls 5-billion-dollar loan for Ukraine March 26, 2009Japan is considering a yen-denominated loan worth 5 billion dollars for Ukraine, Ukrainian Economy Minister Bohdan Danylyshyn has said... Ukrtelecom launches interactive TV March 26, 2009Ukrtelecom, Ukraine’s biggest telecommunications provider, has launched interactive TV (IPTV) in Kyiv, Kyiv Region, Vinnytsya and Zaporizhzhya... MTS Ukraine to build national Wi-Fi network March 26, 2009MTS Ukraine, a Ukrainian mobile operator owned by Mobile Telesystems, is taking to building a nationwide MTS Wi-Fi network. Pyxus-2006 was picked up in an open tender as a contractor for this project... Ukrainian IT market hit by crisis March 26, 2009The consulting company IDC has said that the Ukrainian IT market failed to achieve the planned 30% growth due to the financial crisis. Instead it grew 7% in 2008 up to 3.8 billion dollars... Kyiv hotel Bratyslava to go on sale March 25, 2009The State Property Fund is looking for a company to appraise 51% of shares of the open JSC Hotel Center Bratyslava to be able to sell it later, the SPF has said in its official privatization bulletin. The company’s face value is 5.992 million hryvnyas... Waste management company GreenCo consolidates March 25, 2009A resident of Ukraine has concentrated 100% of the Ukrainian waste management company GreenCo, the Ukrayinski Novyny news agency has reported... Metro Group roots down in Ukraine March 24, 2009Metro Group will cut investments in development to 1.6 billion euros and open around 80 outlets, CEO of Metro Group Eckhard Cordes has said... Time Warner to buy stake in CME March 24, 2009The Time Warner is planning to buy 31% of Central European Media Enterprises Ltd. (CME) to enter East European market. The acquisition price is 241.5 million dollars. In Ukraine CME owns Studio One Plus One, one of the most popular TV channels in Ukraine... GRAWE ups share in Ukrainian insurer March 20, 2009Austrian concern GRAWE has increased its share in the closed JSC IC Grawe Ukraina (formerly Inpro) to 95%, the State Commission for Securities and Stock Market has said on its website... New resort to be built near Kyiv by 2012 March 19, 2009Open JSC Euroholding Invest plans to complete the construction of a new resort, Lytvynivka Entertainment (Lytvynivka, Vyshgorod District) by 2012... Ukraine cancels additional 13% import duty March 18, 2009The Cabinet of Ministers of Ukraine has cancelled an additional 13% import duty on most goods, except for cars and refrigerators... Finnish retailer backs off from investing March 18, 2009Finnish retailer Stockmann will either postpone or cancel many of its scheduled investments because it plans to earn good profits in 2009 while consumer confidence is low, agency Thomson Reuters has said... Ukraine to sell carbon dioxide emission quotas March 18, 2009Ukraine will sell 30 million units out of its CO2 emission quota under an agreement it has signed with Japan. Ukrtelecom privatization was noticed by investors March 18, 2009According to the acting head of the State Property Fund of Ukraine, Dmytro Parfenenko, more than 10 companies said they were considering bidding for Ukrtelecom and their number is constantly growing... The EBRD invests in Ukrainian banks March 18, 2009According to Anton Usov, the press secretary of EBRD in Ukraine, five projects on investing in Ukrainian banks are under review of EBRD... March 17, 2009 The prices of food, drinks and tobacco in January-February 2009 grew by 15.8% and 16% comparing with same months of 2008, the State Statistics Committee of Ukraine has said... Retail turnover decreased by 9.4% in January-February 2009 March 17, 2009According to the State Statistics Committee of Ukraine, the retail turnover in January February 2009 including both legal entities and individuals made 60.9 billion hryvnyas... Dyckerhoff to invest in Ukrainian cement March 17, 2009Dyckerhoff Zement International (Germany) is planning to invest 300 million Euro in the modernization of Volyn-Cement... Ukrainain government eyeing heat pumps March 16, 2009The first deputy minister of housing and utilities of Ukraine, Oleksandr Mazurchak, considers the possibility of using heat pumps in heating and hot water supply systems... March 16, 2009 Inditex Group has signed a lease for the SKY MALL shopping center in 2 General Vatutin Ave. in Kyiv. The total commercial area of the center is 70,000 sq.m. Out of it, Inditex Group will lease approximately 3, 400 sq.m. The company will occupy the area with Zara, Stradivarius, Bershka, Pull & Bear shops... Made in Japan: high-speed link to connect Kyiv and Boryspil airport March 16, 2009The management of the Japanese corporation Itochu has said at a meeting with Ukrainian Deputy Finance Minister Ihor Urbansky that it is ready to take part in the construction of a high-speed railway link between Boryspil Airport and Kyiv... British and Dutch to help Ukraine catch wind March 13, 2009Fildstone (UK) and Energy Conversion Licensing BV (the Netherlands) are planning to invest 438 million euros in the construction of the Yuzhnoukrayinsk wind power station in Mykolayiv Region... Construction projects in Ukraine halved in Jan-Feb March 13, 2009The amount of completed construction projects in Ukraine in January-February 2009 decreased by 57.3% compared with January-February 2008, down to 3.6 billion hryvnyas, the State Statistics Committee of Ukraine has said... Japanese companies to help Ukrainian utilities March 13, 2009The Ukrainian government has invited two Japanese companies, Sumitomo and Marubeni, to take part in energy saving projects in the housing and utilities infrastructure of eight cities. The budget of these projects totals 140 million dollars... Ukravtodor hopes for IBRD loan March 13, 2009'Ukravtodor is awaiting a positive decision by the International Bank for Reconstruction and Development board to issue a loan worth 400 million dollars,’ the Ministry of Transport and Communications of Ukraine has said... Court orders sale of Kyivstar share March 12, 2009A federal court in New York has obliged Russian company Altimo, the main owner of Russian mobile operator Vimpelcom, to sell 43.5% of Ukrainian mobile operator Kyivstar. The share belongs to Altimo through Storm LLC... Beer import to Ukraine plummets March 12, 2009The State Statistics Committee of Ukraine has reported that beer import to Ukraine decreased by 87.1% in January, which is 3.2 million liters less than in December 2008. Thus the volume of beer imported in January equaled 475,040 liters... Ukraine attracts more foreigners March 12, 2009
Some 25.4 million foreigners visited Ukraine in 2008, the Delo business daily has reported. This is 2.3 million more than in 2007. The foreigners come as tourists, but also because of business interests. Because of the hryvnya devaluation, trips to Ukraine became 50% cheaper. Two new airlines expected to come to Ukraine March 12, 2009Two more airlines – Germanwings and British Midland Airways - will operate in Ukraine starting from this year high season, the Ministry of Transport and Communications of Ukraine has said... Ex-speaker says migrants not back due to unemployment March 10, 2009
Arseniy Yatsenyuk, a former parliament speaker and current head of the Open Ukraine foundation, has said that 1.5 million Ukrainians have left the country since 2000 to work abroad. Iron, steel production in Ukraine still growing March 10, 2009
Ukraine's metal industry grew 30% compared with November 2008, Deputy Industrial Policy Minister Kostyantyn Hryschenko has said. Ukraine is expected to produce 30 million tonnes in 2009. Ruukki expands its production in Ukraine March 10, 2009
The Finnish steel concern Ruukki expands its construction material manufacturing in Ukraine. The new factory of 13,000 sq.m. is located 20 km from the Kyiv city line at the Kyiv-Zhytomyr highway. Ukraine introduces 13% extra customs duty March 06, 2009The Law "On amendments to several laws of Ukraine for the purpose of improving Ukraine's balance of payments in connection with the global financial crisis" came into force today... EU invests in better food from Ukraine March 06, 2009The European Union has allocated 9 million euros to improve the quality of Ukrainian food products... Inflation in Ukraine slows down March 6, 2009
The official inflation rate in Ukraine went 1.5% up in February, the State Statistics Committee of Ukraine has said. In January, it went up by 2.9%, in December 2.1%. Crisis knocks on Ukrainian car market’s door March 5, 2009
In February 2009, the number of new passenger cars sold in Ukraine went down to 11,000 from 21,000 from a month before and 55,000 from February 2008. March 5, 2009 A special working group will coordinate economic cooperation between Ukraine and Japan in developing joint projects in subway construction, farming and transportation... Russian developer calls off Ukrainian project March 4, 2009Mos City Group, one of the biggest Russian real estate developers, plans to wind a construction project in Kyiv up over the financial crisis... March 4, 2009 Despite the crisis, the Swedish retailer IKEA has not dropped plans to open its stores in Ukraine... March 4, 2009 The international insurance group QBE is planning to buy Ukrainian insurance companies to expand its business in 2009... Deutsche Bank expands to Ukraine March 4, 2009Germany’s Deutsche Bank has announced the registration of its affiliate bank in Ukraine that will work with corporate business... |
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