: :inin Kyiv (EET)

Section: Economy

    Ukrtransgaz schedules next gas purchase for September
    Apr23

    Ukrtransgaz schedules next gas purchase for September

    State-owned operator of Ukraine`s gas transportation system Ukrtransgaz plans to buy natural gas again in a competitive market in early autumn, according to the press service of the national oil and gas holding Naftogaz of Ukraine. In 2016, Ukrtransgaz used 1.7 billion cubic meters of gas for own in-process needs, while 1.1 billion cubic meters...

    Finance Minister Danyliuk: Ukraine to borrow $1 bln abroad in autumn
    Apr22

    Finance Minister Danyliuk: Ukraine to borrow $1 bln abroad in autumn

    Ukrainian Finance Minister Oleksandr Danyliuk has announced Ukraine will resume borrowings on foreign markets and expects to raise $1 billion this autumn after the launch of the land and pension reforms, according to the Finance Ministry`s press service, which cited the minister`s interview with The Wall Street Journal during his recent visit to...

    Anti-Monopoly Committee of Ukraine demands to forcibly recover UAH 172 bln from Gazprom
    Apr22

    Anti-Monopoly Committee of Ukraine demands to forcibly recover UAH 172 bln from Gazprom

    The Anti-Monopoly Committee of Ukraine appealed to the Enforcement Service of the Ministry of Justice with a request to recover from the Russian gas monopoly, Gazprom, a $172 billion fine and penalties for abusing the monopoly position in the domestic gas transit market, AMC chief Yuriy Terentiev wrote on Facebook. ”The application for opening an...

    Ukraine`s grain exporters target Asia for future market growth – media
    Apr22

    Ukraine`s grain exporters target Asia for future market growth – media

    Ukrainian grain exporters are betting on Asia as the top market for their booming harvests. Grain exports will likely increase by a third to 60 million metric tonnes in the next three to five years, according to Mykola Gorbachov, president of the Ukrainian Grain Association, BlackSeaGrain reports. The group plans to target markets in Asia with...

    Ukraine, IMF agree on 99% of pension reform – social policy minister
    Apr22

    Ukraine, IMF agree on 99% of pension reform – social policy minister

    Ukrainian`s Social Policy Minister Andriy Reva says Ukraine has agreed 99% of its pension reform with the International Monetary Fund`s mission, which last week completed its work in the country. The parties will coordinate the remaining technical details via video conference, Reva said following a government meeting April 19. ”Today we are at...

    ”Putin friends” from EU attending business forum in Russian-occupied Crimea, Ukraine protests
    Apr22

    ”Putin friends” from EU attending business forum in Russian-occupied Crimea, Ukraine protests

    A number of pro-Russian businessmen, officials and public figures from across Europe accepted the invitation of occupation authorities in Crimea to take part in the so-called ”Yalta International Economic Forum” held in the annexed Crimea, according to Europeiska Pravda. See also: PACE President visits Syria with Russian Duma delegates, Ukraine...

    Ernst & Young not confirming PrivatBank`s losses – journalist
    Apr22

    Ernst & Young not confirming PrivatBank`s losses – journalist

    Journalist and economic expert Oleksandr Dubinsky posted on Facebook a draft report by Ernst & Young`s auditors (EY) which did not confirm accusations against PrivatBank voiced by head of the National Bank of Ukraine (NBU) Valeria Gontareva. ”As you know, Valeria Gontareva today is going to talk in Washington about her successful experience...

    Ukrzaliznytsia expects about US$262 mln from rise in freight rates
    Apr21

    Ukrzaliznytsia expects about US$262 mln from rise in freight rates

    Ukraine`s state-owned JSC Ukrzaliznytsia railways operator hopes to reach a compromise with businesses and regulators over an increase in freight rates and expects to receive extra UAH 7 billion, or US$261.6 million if the rates grow by 22-25% from June this year. ”We need to have our financial plan approved. We`ve been tasked to finalize it...

    UkraineInvest on Atlantic Council: Why investors are giving Ukraine a second chance
    Apr21

    UkraineInvest on Atlantic Council: Why investors are giving Ukraine a second chance

    Daniel Bilak, the director of UkraineInvest and the chief investment adviser to the Prime Minister of Ukraine, says that Ukraine today is open and transparent, but foreign investors are often taken aback by its challenges; and while corruption and property rights are issues, any objective assessment must recognize the monumental strides the...

    The average pension in Ukraine is 70$ while former officials gets from 500$ up to 2000$ – social minister
    Apr21

    The average pension in Ukraine is 70$ while former officials gets from 500$ up to 2000$ – social minister

    Ukrainian Social Policy Minister Andriy Reva says the maximum pension in Ukraine is set at UAH 58,000, or about US$2,165, and while retirement payments are capped on UAH 10,740, or about $400, the vast majority of 12 million Ukrainian retirees receive even smaller amounts, according to TV Channel 112 Ukraine. ”We have 19,200 pensioners who...

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