: :inin Kyiv (EET)

Section: Economy

    Kyiv court orders to reconsider Yuzgaz`s right to produce shale gas in Ukraine`s east
    Mar30

    Kyiv court orders to reconsider Yuzgaz`s right to produce shale gas in Ukraine`s east

    Kyiv`s district administrative court has rescinded the Ukrainian government`s decision to deny Dutch-registered Yuzgaz B.V. company`s right to acquire an investor`s 90% share under a production sharing agreement (PSA) on geological prospecting and development of the Yuzivska shale gas field in the country`s eastern Donetsk and Kharkiv regions....

    World Bank may consider new targeted financial support programs for Ukraine – WB vice president
    Mar30

    World Bank may consider new targeted financial support programs for Ukraine – WB vice president

    Vice President of the World Bank Kyle Peters says the institution is ready to consider the possibility of launching new targeted programs of financial support to Ukraine, the Cabinet of Ministers Secretariat told UNIAN following a meeting between Ukrainian Prime Minister Volodymyr Groysman with Kyle Peters and Cyril Muller, who is also a Vice...

    IMF to hold Ukraine meeting Apr 3
    Mar30

    IMF to hold Ukraine meeting Apr 3

    The International Monetary Fund, which previously postponed its Executive Board meeting on the allocation of another $1 billion bailout tranche for Ukraine, will consider the issue of continuing cooperation with Kyiv as early as April 3, according to Jerome Vacher, IMF`s Resident Representative in Ukraine. The consideration by the IMF Executive...

    Ukraine`s January exports of ferroalloys up 34.9% on year
    Mar30

    Ukraine`s January exports of ferroalloys up 34.9% on year

    Ukraine`s exports of ferroalloys in January rose 34.9% year-on-year to 68,450 mt from 50,750 mt in January 2016, the state statistics service reported Tuesday, according to Platts. At the same time, revenues from exports of ferroalloys soared 80.8% to $79 million from $43.7 million, the statistics service said, Platts reports. In January, Ukraine...

    Ukraine`s Anti-Corruption Bureau probing into abuse of office by central bank`s officials
    Mar29

    Ukraine`s Anti-Corruption Bureau probing into abuse of office by central bank`s officials

    The National Anti-Corruption Bureau of Ukraine (NABU) has confirmed it has been seizing documents at the National Bank of Ukraine (NBU) amid a raid on the NBU`s offices as part of a probe into abuse of office by NBU senior officials in 2015-2016. ”NABU agents jointly with the National Police`s economic crime department have been conducting...

    Naftogaz files suit with CJEU over ruling on Gazprom`s enhanced access to OPAL
    Mar29

    Naftogaz files suit with CJEU over ruling on Gazprom`s enhanced access to OPAL

    The national oil and gas holding Naftogaz of Ukraine has lodged a suit with the General Court of the Court of Justice of the European Union (CJEU) seeking cancellation of the European Commission`s decision on expanded access of Russia`s gas monopoly Gazprom to the OPAL gas pipeline, delivering gas from Nord Stream pipeline to the Central European...

    Federation Council in Russia approves ban on money transfers to Ukraine
    Mar29

    Federation Council in Russia approves ban on money transfers to Ukraine

    The Federation Council on Wednesday endorsed a bill prohibiting money transfers from Russia to Ukraine via international payment systems, Prime news agency reports. According to the law, in case a foreign state enforces bans on Russian payment systems, cross-border money transfers without opening a bank account will only be possible from Russia...

    Ukraine`s property fund drafts new privatization bill to sell smaller companies via ProZorro
    Mar29

    Ukraine`s property fund drafts new privatization bill to sell smaller companies via ProZorro

    The State Property Fund of Ukraine (SPF) together with the Economic Development and Trade Ministry have drafted a bill on privatization, providing for the sale of small-scale companies on e-platforms, such as ProZorro.Prodazhi, head of the State Property Fund Ihor Bilous told a press conference. ”Under this bill, we are introducing two groups of...

    Ukraine more than triples cranberry, blueberry exports in 2016
    Mar29

    Ukraine more than triples cranberry, blueberry exports in 2016

    Ukrainian agri-businesses exported 2,900 tonnes of cranberries and blueberries last year, which was 3.3 times more than in 2015, according to the press service of Ukraine`s Ministry of Agrarian Policy and Food. The shipments in monetary terms amounted to $6.9 million, it said. Poland, the Netherlands and Belarus were the biggest importers of...

    Russian Sberbank`s Ukrainian subsidiary to be sold for about $130 mln
    Mar29

    Russian Sberbank`s Ukrainian subsidiary to be sold for about $130 mln

    The sum is comparable to the capital of Russia`s Sberbank subsidiary in Ukraine PJSC Sberbank, which is estimated at $144 million, according to international accounts for January-September 2016, Kommersant publication reports citing its sources. All funds will be transferred immediately after the purchase and sale contract comes into force, the...

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