Business

Firtash wants to buy oil refinery and filling station chain

"We’re planning to buy an oil refinery and a filling station chain, but I won’t name the companies now," the publication reported, citing Firtash. The …
Interfax-Ukraine

Fall in Coca-Cola’s sales in Ukraine reaches over 10%

The report says that the fall in sales on the Ukrainian market is linked to cold weather over the period and a fall in consumer demand on the domestic …
Interfax-Ukraine

Construction Minister Blyzniuk earns Hr 877,000 in 2011

According to his income declaration, which has been posted on the Web site of the Ministry of Regional Development Construction, Housing and …
Interfax-Ukraine

Ukraine boosts electricity exports by 53% in 4 months

Electricity exports from the Burshtyn Energy Island to Hungary, Slovakia and Romania surged by 51.7% or by 389.7 million kWh, to 1.144 billion …
Interfax-Ukraine

Naftogaz Ukrainy signs framework agreement for buying gas from German company

"The mentioned agreement forms the legal grounds for possible deliveries of natural gas to the company [Naftogaz] from RWEST and, furthermore, does …
Interfax-Ukraine

Number of unprofitable banks in Ukraine down to 8.6%

According to the report, the consolidated net profit of 174 Ukrainian banks in January-March 2012 amounted to UAH 1.725 billion, while in Q4, 2011, …
Interfax-Ukraine

Ukraine takes big step to brighter energy future

Citing anonymous sources, the Financial Times and Reuters on May 10 reported that Royal-Dutch Shell and Chevron of the U.S. “are likely to win the …

Budweiser beer hits market in Ukraine

As of last month, Budweiser made Ukraine the 87th country where its suds are sold. And the brand’s owner, Anheuser-Busch InBev, announced that Ukraine …
Mark Rachkevych

How to get Ukraine to produce more milk

The sharp drop in the 1990s was triggered by a collapse of state-run cow farms. Rural farms have still not recovered, yet the potential for a …
Jakub Parusinski

Expats To Watch: Eastern European veteran came to region in 1995, now with PwC

  Nationality: American Position / Activity: Partner Tax and Legal Services, PwCLength of time in Ukraine: 10 years Tips for succeeding in Ukraine: …
Jakub Parusinski

On the move: Markian Malskyy and leonid Shylovsky have been appointed to new positions.

Markian has extensive experience in corporate and contractual disputes settlement in real estate, enforcement of foreign court judgments and arbitral …
Kyiv Post

Vanco Overseas renamed PanAtlantic Energy

The press service said that the new name better reflects its major asset base and areas of focus. The press service said that PanAtlantic, as an …
Interfax-Ukraine

Mykolaivgaz to pay Hr 25.6 million in dividends for 2011

Mykolaivgaz in 2011 posted a net profit of Hr 85.485 million against Hr 43.325 million in net loss in 2010. At the same, the company’s net income rose …
Interfax-Ukraine

Greek political turmoil haunts markets

Following Sunday’s election, in which Greece’s main parties were punished for supporting the country’s international bailout, analysts doubt a …
Interns

Ukraine considering liquefied natural gas imports from Qatar

"Ukraine is constantly working on the diversification of gas supplies and exploring the possibility of purchasing gas in Qatar," the prime minister …
Interfax-Ukraine

Court not to satisfy appeal to cancel privatization of 50% in Vinnytsiaoblenergo

The ruling says that the court also turned down an appeal of Lvivoblenergo to declare illegal the removal of the company from the tender. As reported, …
Interfax-Ukraine

Russian and other companies use up 89% of Ukrainian pipe import quota

The Ukrainian Economic Development and Trade Ministry gave Interfax-Ukraine pipe import data as of May 3, 2012. The ministry said that Russian …
Interfax-Ukraine

Farmak to increase dividends for 2012 by 7.8%

According to the posting, the shareholders decided to pay Hr 11,127,996 in dividends for 2011, which is Hr 1.53 per share. The company’s net profit …
Interfax-Ukraine
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