Business

KYIV POST business wrap, July 26-August 3

Wage arrears in Ukraine were Hr 6.368 billion as of July 10, a 0.2 percent increase from June 10, the government reported. Salary debts have decreased …
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Ukraine to sell 78 percent of ship-builder in September

KYIV, August 2 – Ukrainewill sell a 78 percent stake in ship-building company Okean in an auction on September 11, the State Property Fund said on …
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Ukraine state reserve mulls grain imports

KYIV, August 2 – Ukraine’s state grain reserve may resort to grain imports if domestic prices remain unrealistically high, Yevhen Chervonenko, the …
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Ukraine state reserve mulls grain imports

eserve may resort to grain imports if domestic prices remain unrealistically high, Yevhen Chervonenko, the reserve’s head, was quoted as saying late …
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Ukraine plans to modernize TU-134 and Yak-42 aircrafts

KYIV, August 2 – Ukraine plans to modernize hundreds of Soviet-made Tupolev Tu-134 and Yakovlev Yak-42 passenger planes, equipping them with new …
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Stock market still in summer slump

(Reuters) Leading Ukrainian shares edged down last week on losses in first?tier energy firms. Dealers said the bourse might continue sliding until the …
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Ukraine may give part of gas transport system to Russia to pay off

ession to Russia, Prime Minister Viktor Yushchenko said Tuesday, according to a news agency. Much of the gas exported by Russia to Europe crosses …
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Ukraine mulls giving stake in gas transport system to Russia as debt payment

of Ukraine’s gas transport system as a concession to Russia, Prime Minister Viktor Yushchenko said Tuesday, according to a news agency. Much of the …
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NBU extends sanctions for insufficient capital

KYIV, July 31 – After reviewing banks’ fulfillment of capital requirements, the National Bank of Ukraine extended sanctions restricting individual …
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NBU extends sanctions for insufficient capital

KYIV, Aug. 1 – After reviewing banks’ fulfillment of capital requirements, the National Bank of Ukraine extended sanctions restricting individual …
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Ford shows zero interest in AvtoZAZ-Daewoo after completion of audit

AvtoZAZ-Daewoo is equal to zero at this point, Oleh Papashev, Head of the joint venture’s directors committee, told UNIAN after Pricewaterhouse …
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Ukraine alumina output up to 668,000 tons in first half of year

KYIV, July 31 – Ukraine produced 668,000 tons of alumina in the first half of this year, compared to 549,800 tons in the same period last year, a …
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Weather forecasters see Ukraine grain crop below the official estimate

KYIV, July 31 – Ukraine’s overall grain crop is unlikely to exceed 22 million tons this season, below the official estimate of 24.5 million tons, a …
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Land reform quietly remaking Ukraine's landscape

  SUKHYI YAR, July 26 – A quiet revolution is sweeping through Ukraine’s villages, turning huge, money-losing state farms into private ventures and …
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Land reform quietly remaking Ukraine's landscape

can again flourish. In December, President Leonid Kuchma abolished the country’s more than 10,000 Soviet-era collective farms and decreed that the …
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Kyiv to spend Hr 100 million to satisfy demand for bread

KYIV, July 27 – The Kyiv municipal administration will pay around Hr 100 million from the municipal budget before October for the 245,000 tons of …
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Slaviansky's depositors to be compensated if the bank closes

KYIV, July 27 – The guaranteed deposits fund for physical entities (private individuals) is prepared to pay compensation to Slaviansky Bank’s …
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Ukraine government asked to sell 25 percent in alumina plant.

KYIV, July 28 – French aluminum producer Pechiney and Ukrainian Aluminum are looking to buy a 25 percent stake in Ukraine’s sole alumina producer, …
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