Business

Trying to change the ad market

As early as 1997, when Ukraine’s advertising agencies recognized the need to organize to develop and protect the nation’s budding ad industry, the …
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SPF intends to have Ukrtelekom made 51 percent owner of UMC through court

KYIV, Mar. 21 (Ukrainian News) – State Property Fund head Oleksandr Bondar said Wednesday that the SPF intends to take its case to have Ukrtelekom …
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Cabinet asks parliament to introduce 10 percent tax on legalized shadow capital

KYIV, Mar. 21 (Ukrainian News) – The Cabinet of Ministers wants parliament to approve a law on legalizing shadow capital that levies a 10 percent tax …
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Banks unite to combat credit-card fraud

KYIV, Mar. 21 (Ukrainian News) – Commercial banks operating on the Ukrainian credit-card market have united in the Forum for Security and Credit-Card …
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SPF head, parliament committee ask parliament to pass law on SPF

KYIV, Mar. 21 (Ukrainian News) – After presenting two draft laws on the State Property Fund to parliament on Tuesday, SPF head Oleksandr Bondar and …
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SPF head Bondar: Unstable political situation frightening investors away

cal situation is frightening away foreign investors who had been interested in buying Ukrainian enterprises, State Property Fund head Oleksandr Bondar …
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Ukraine continues to steal Russian gas, Gazprom head says

KYIV, Mar. 20 – Ukraine still has not paid Russia’s Gazprom for delivered gas and continues its unsanctioned siphoning, Gazprom head Rem Vyakhirev …
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Tax officials tighten control over beef imports, processing and sale

e Tax Administration has tightened control over the import, processing and sale of beef in Ukraine due to the spread of bovine spongiform …
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World Bank, IMF, Russia remain Ukraine's largest creditors

KYIV, Mar. 20 (Ukrainian News) – The World Bank, the International Monetary Fund and Russia remained Ukraine’s largest creditors at the end of last …
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Russian companies stop petroleum transit through Odesa in 2001

KYIV, Mar. 20 (Ukrainian News) – Beginning this year Russian petroleum companies have stopped transiting petroleum through Ukraine to Odesa, ceding …
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Russia could impose tariff on Ukrainian pipe

MOSCOW, Mar. 19 – A Russian government commission recommended on Friday that Ukrainian pipe exporters be slapped with a 20 percent import tax on pipes …
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SPF loses control of Poltava Oil and Gas company

KYIV, Mar. 19 (Ukrainian News) – The State Property Fund, which days ago forcibly took over the head office of the Poltava Oil and Gas company, has …
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Industrial output rises by over 12 percent in February

KYIV, Mar. 19 (Ukrainian News) – Ukraine’s industrial output rose by 12.6 percent in February of this year as compared with the same period for in …
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Ukraine close to default – Bloomberg

ine, as well as Indonesia, Argentina and Turkey are in a critical debt situation, according to Bloomberg information agency, Pronas Web site reported …
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Ministry: Ukraine's state debt decreases to $14.15 billion

KYIV, Mar. 19 (AP) – Ukraine’s state debt shrank by about $1.2 billion last year and amounted to $14.15 billion as of Dec. 31, 2000, including $10.33 …
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SPF takes over Poltava Oil and Gas by force

on Friday descended on the offices of the Poltava Oil and Gas Company in Poltava to secure the company by force, the companies executive director …
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Energoatom ends 2000 with Hr 400 million in losses

KYIV, Mar. 16 (Ukrainian News) – The Energoatom power company, Ukraine’s largest electricity generator, ended last year with Hr 400 million in losses, …
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