Business

KYIV POST business wrap, April 19-26

ECONOMY Citing positive macroeconomic trends, Finance Minister Ihor Mityukov expressed his belief that the International Monetary Fund would resume …
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Slovak firm buys three oblenergos

nian electricity distributors (oblenergos) in the nation’s second round of energy sales, the State Property Fund announced on April 24. Slovakia’s …
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Lotto profits on-line

try to woo the hryvna from prospective players’ pockets. While players find the chance to win Hr 1 million on a Hr 1 investment alluring, the rewards …
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Foreigners glad to be rid of Utel

phone provider Utel three weeks ago, it amounted to the largest repatriation of foreign capital in Ukraine’s history as a sovereign nation. But the …
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Slovak firm buys three oblenergos

A state-owned Slovak company that claims to be backed by Western capital won tenders for three Ukrainian electricity distributors (oblenergos) in the …
Vitaly Sych

Lotto profits on-line

Ukrainian gambling is getting more sophisticated, with the introduction of new games and high-tech gadgetry  to woo the hryvna from prospective …
Evgenia Mussuri

Foreigners glad to be rid of Utel

When state-owned Ukrtelekom bought back all foreign-owned shares in long-distancephone provider Utel three weeks ago, it amounted to the largest …
Vitaly Sych

Consol building a new era of homes

Few businesses from outside the capital region have expanded as quickly as the Consol construction company. In eight years, Consol has built itself …
Vitaly Sych

New An-74 modification successfully makes first test flight in Ukraine

KHARKIV, April 20 – The new An-74TK-300 airplane on Friday successfully made its first test flight, watched by aircraft designers and President Leonid …
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Analysts say politics drove pipe compact

Russia’s success in getting Ukraine to sign a deal last week that calls for strict quotas on imports of Ukrainian gas and oil pipes may be more about …
Roman Olearchyk

Gazprom studying pipe routes

Plans for a new pipeline that will bypass Ukraine are moving forward, with an international consortium planning to studypotential routes. The …
Peter Byrne

Sold! Oblenergos fetch $100 million

A ES Washington Holding B.V., a U.S. firm, and Slovakia’s Vychodoslovenske Energeticke Zavody (VEZ) purchased the first three of Ukraine’s electricity …
Vitaly Sych

SPF to restructure firms for sale

The State Property Fund announced that it intends to restructure 10 state enterprises to make them more attractive to buyers. On the list are the …
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Luxury residential high-rise opens this summer

A few hundred meters from the Horizon Towers office center, a new construction project is taking shape that promises to rival the office tower for …
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Airline parody wins award for Bates

Bates Ukraine has become the first Ukrainian advertising agency to win a prize at the Summit Creative Awards competition. The U.S.-based Summit …
Anna Kozmina

U.S. firm sells Golden Telecom stock

A group of powerful investors are acquiring a major stake in the parent of Ukraine’s Golden Telecom. The change is not expected to have an immediate …
Vitaly Sych

Indians to build Ukrainian pharmaceutical plant

Swiss-based Trigram and India’s Shreya Healthcare are joining forces to become the first foreign firms to build a pharmaceutical plant in …
Vitaly Sych

Versiya builds Ukrainian PCs

ounced tendency to lag somewhat behind the leading edge. Now, though, Kyiv is becoming the home to a growing and largely unnoticed high-tech sector – …
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