: :inin Kyiv (EET)

Section: Economy

    Ukraine boosts gas consumption by almost 20% in Feb
    Mar02

    Ukraine boosts gas consumption by almost 20% in Feb

    Ukraine increased consumption of natural gas in February 2017 by 19% year-over-year (y-o-y), to 4.5 billion cubic meters (bcm), according to Ukraine`s state-run gas transport system operator Ukrtransgaz. ”In February, Ukrainian consumers of all categories used 4.5 bcm of natural gas, which was 19% up from the same period last year,” Ukrtransgaz`s...

    Ukraine to sign IMF memo ”within few days” – Finance Minister
    Mar02

    Ukraine to sign IMF memo ”within few days” – Finance Minister

    Ukrainian Finance Minister Oleksandr Danyliuk has told ZN.ua that the signing of the memorandum with the IMF is a matter of several days. ”We have not signed the memorandum, but we are very close to that. I think that everything will be decided in the coming days – today or tomorrow. And I hope that this issue will not be delayed. But at the...

    Ukrainian sugar exports increased by 33 times in 2016
    Mar02

    Ukrainian sugar exports increased by 33 times in 2016

    Ukrainian Agrarian Policy and Food Minister Taras Kutoviy announces Ukrainian enterprises exported 344,000 tonnes of sugar during the sugar refining season from August 20, 2016, to January 11, 2017, having boosted shipments abroad by 33 times year-over-year. ”Ukraine has increased sugar exports by 33 times, to 344,000 tonnes. The result is due to...

    Naftogaz to spend World Bank-secured loan on 1.1 bcm of gas in March
    Mar01

    Naftogaz to spend World Bank-secured loan on 1.1 bcm of gas in March

    Ukraine`s oil and gas giant, NJSC Naftogaz of Ukraine, will buy 1.1 billion cubic meters (bcm) of natural gas in March, using letters of credit worth more than EUR 220 million under a loan agreement with Citi and Deutsche Bank against the World Bank`s guarantees, according to the company`s press service. ”The first 15 letters of credit have been...

    Real wages in Ukraine fall by 8.3% in Jan
    Mar01

    Real wages in Ukraine fall by 8.3% in Jan

    Real wages in Ukraine in January 2017 were 8.3% lower than in December 2016, the State Statistics Service of Ukraine reported. At the same time, compared with January 2016, real wages in January 2017 grew by 21.4%. The average monthly nominal wage of a full-time employee in Ukraine in January 2017 decreased by 7.2% compared with December 2016,...

    Ukraine has not signed IMF memo yet – source
    Mar01

    Ukraine has not signed IMF memo yet – source

    Ukraine is in the final stage of negotiations with the country`s key creditor, the International Monetary Fund (IMF), but a memorandum of cooperation, which stipulates a list of further reforms to get the next tranche of the Fund, has not been signed yet, a source close to the negotiations told UNIAN. ”The memorandum has not been signed yet,” the...

    Ukrainian government raised electricity price by 30% from March 1, 2017, Russia-occupied Donbas continues to receive electricity for free
    Mar01

    Ukrainian government raised electricity price by 30% from March 1, 2017, Russia-occupied Donbas continues to receive electricity for free

    This is the fifth planned increase in electricity tariffs for the households. Compared with April 2015, the electricity tariffs increased by 3.5 times. Earlier, in February 2015, The National Energy and Utilities Regulation Commission (NEURC) approved a two-year schedule of raising electricity tariffs for the households.According to the plan,...

    Ukraine signs IMF memo to unlock next loan tranche
    Mar01

    Ukraine signs IMF memo to unlock next loan tranche

    Ukraine has signed an International Monetary Fund memorandum, paving the way for the disbursement of the next tranche of loans under its $17.5 billion bailout program, a source in the central bank said on Wednesday, according to Reuters. ”The Ukrainian side has signed the updated memorandum on cooperation,” the source told Reuters. Disbursements...

    Naftogaz to import gas from Slovakia, Poland, Hungary in March
    Mar01

    Naftogaz to import gas from Slovakia, Poland, Hungary in March

    Ukraine`s national JSC oil and gas giant, Naftogaz of Ukraine, plans to import gas from Slovakia, Poland, and Hungary in March. ”Imports from Slovakia will be about 40 million cubic meters per day. As for Poland and Hungary – we`ll see, as these routes are auxiliary for Naftogaz,” the company`s CCO Yuriy Vitrenko said at the Ukrainian Energy...

    Russian militant in leaders Luhansk and Donetsk People`s Republics threaten to seize Akhmetov’s factories if blockade continues
    Feb28

    Russian militant in leaders Luhansk and Donetsk People`s Republics threaten to seize Akhmetov’s factories if blockade continues

    Russian-backed leaders of the so-called ”LPR/DPR” (the self-proclaimed Luhansk and Donetsk People`s Republics) demand that the Ukrainian authorities stop by early March the transport blockade of the occupied areas of Donbas. Otherwise, the terrorists threaten to introduce external management at the enterprises under Ukrainian jurisdiction (mainly...

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