Business

ING Ukraine unveils new long﷓term strategy

ine, a local spin‑off of Dutch financial services giant ING Barings, became the first major foreign bank to formally declare it is in Ukraine for the …
Roman Olearchyk

EBRD sells 35 percent of shares Kyiv International Bank to Rabobank

KYIV, Oct 25 – The European Bank for Reconstruction and Development has sold 35 percent of the shares in Kyiv International Bank to the Netherlands …
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UICE reaches agreement with Moscow Stock Exchange on information access

KYIV, Oct 25 – The Ukrainian Interbank Currency Exchange (UICE) has reached a cooperation agreement with the Moscow Stock Exchange, according to a …
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CabMin to seek agreement with Parliament on draft Tax Code

liament on the new draft Tax Code next week, First Deputy Prime Minister Yury Yekhanurov disclosed on Tuesday, October 24 while addressing a meeting …
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SPF announces competitions for sale of oblenergos

KYIV, Oct 25 – The State Property Fund announced competitions for sale of the Kyivoblenergo, Zhytomyroblenergo, and Rivneoblenergo regional power …
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Energy ministry to authorize Itera to sell electricity to Moldova

KYIV, Oct 25 – The Ukrainian Fuel and Energy Ministry has authorized Russia’s Itera company to sell electricity to Moldova in payment of Ukrainian …
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Cabinet to lower projected 2001 privatization revenues at Kuchma's recommendation

KYIV, Oct 25 – The Cabinet of Ministers is preparing to lower the projected budget revenues from privatization in 2001 at the directive of President …
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Crimean authorities create working group to negotiate VAT with Finance Ministry

KYIV, Oct 25 – The Crimean Cabinet of Ministers and Parliament have created a working group to negotiate with the Finance Ministry on the problem of …
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Russia may impose 40 percent tariff on Ukrainian pipes

MOSCOW, Oct 25 – Russia may impose a 40 percent tariff on the import of Ukrainian pipes, German Gref, Russian Minister of Economic Development and …
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SHELL expresses interest in formation of Ukraine-Russia gas transit consortium, report says

KYIV, Oct 25 – The Danish-Dutch petroleum and gas giant SHELL has expressed interest in the formation of a consortium between Naftogaz-Ukrainy and …
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Ukraine's government seeks credits for agriculture

KYIV, Oct 25 – The government of Ukraine has decided to help provide Hr 520 million ($94.5 million) in credits to support agricultural producers and …
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ING Ukraine unveils new long-term strategy

it is in Ukraine for the long haul. On Oct. 19 the bank unveiled a new retail banking strategy for the country and launched its new financial news Web …
Roman Olearchyk

No end in sight to pipes row

, still shows no sign of cooling off. And the situation actually seemed to heat up in August when the Russian government announced the findings of an …
Roman Olearchyk

Avtolux drives fares in style

g the Kyiv-Odessa highway. Modern, clean and slick – these buses are a far cry from the grimy old contraptions with their grouchy drivers that many of …
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KYIV POST business wrap, October 19-26

ECONOMY The World Bank said Ukraine’s gross domestic product might grow three percent to five percent next year if economic stability is maintained. …
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Ukraine's government seeks credits for agriculture

KYIV, October 23 – The government of Ukraine has decided to help provide Hr 520 million ($94.5 million) in credits to support agricultural producers …
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President bans privatization of Feodosia Oil Terminal

sia Oil Terminal, Oleksandr Bartenev, President Leonid Kuchma supported the request of the enterprise’s working collective and banned its …
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President bans privatization of Feodosia Oil Terminal

osia Oil Terminal, Oleksandr Bartenev, President Leonid Kuchma supported the request of the enterprise’s working collective and banned its …
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