: :inin Kyiv (EET)

Section: Economy

    Ukrainian Infrastructure Ministry approves increase in railway tariffs
    Dec28

    Ukrainian Infrastructure Ministry approves increase in railway tariffs

    Tariff Committee of the Ministry of Infrastructure of Ukraine has agreed the increase in tariffs on passenger and cargo transportation by rail in 2017 proposed by PJSC Ukrainian Railways (Ukrzaliznytsia) in a draft financial plan, Ukrzaliznytsia CEO Wojciech Balczun said at a press conference. ”Tariff Committee of the Ministry of Infrastructure...

    Ukraine gets European Union`s second tranche of financial aid worth EUR 55 mln
    Dec27

    Ukraine gets European Union`s second tranche of financial aid worth EUR 55 mln

    Ukraine has received the second tranche of the financial assistance of the European Union in the amount of EUR 55.125 million in the framework of a financing agreement signed between the Government of Ukraine and the European Commission in 2014. As reported on the website of the Ministry of Finance, these funds represent the second and final...

    NBU cuts official exchange rate to UAH 26.65 to dollar
    Dec27

    NBU cuts official exchange rate to UAH 26.65 to dollar

    The National Bank of Ukraine on Tuesday evening lowered the official hryvnia exchange rate by 29 kopiykas, bringing the national currency to UAH 26.65 to the dollar. The Central Bank set the following official exchange rates of the hryvnia against leading foreign currencies for December 28: $100 costs UAH 2,665.0670 (on December 27, it was UAH...

    Ukraine fulfills all obligations to cooperate with IMF – Ukrainian Minister of Economic Development and Trade
    Dec27

    Ukraine fulfills all obligations to cooperate with IMF – Ukrainian Minister of Economic Development and Trade

    Ukraine has fulfilled all its obligations to continue cooperation with the key creditor of the country, the International Monetary Fund, which opens the way to get the fourth tranche of $1.3 billion, Ukrainian Minister of Economic Development and Trade Stepan Kubiv said at a press conference in Kyiv. ”As of today, Ukraine has fulfilled all...

    Fate of Odesa Portside Chemical Plant to be decided this week – Groysman
    Dec27

    Fate of Odesa Portside Chemical Plant to be decided this week – Groysman

    A decision on the further operations of Odesa Portside Chemical Plant, which failed to be sold, will be made in the coming days, Prime Minister Volodymyr Groysman said Tuesday. ”I have given relevant instructions, now it`s First Deputy Prime minister Stepan Kubiv who is dealing with this issue. They held several meetings of the working group. I...

    Ukraine`s international reserves amounts to $15.7 bln – National Bank of Ukraine
    Dec27

    Ukraine`s international reserves amounts to $15.7 bln – National Bank of Ukraine

    The volume of Ukraine`s international reserves to date is about $15.7 billion, and this amount is sufficient for National Bank to carry out interventions in order to smooth down currency fluctuations and fulfill the government`s obligations, according to the regulator`s comments on the situation in the currency market. ”The National Bank has...

    Ukraine’s TAS Group acquires Universal Bank from Eurobank Group
    Dec27

    Ukraine’s TAS Group acquires Universal Bank from Eurobank Group

    The parties are confident that the transaction will contribute to the consolidation and further stable growth of banking sector of Ukraine, reads the statement released by the press service of TAS Group, owned by Serhiy Tihipko. ”TAS Group and Eurobank Ergasias S.A. (”Eurobank”) hereby announce that the acquisition of Eurobank`s Ukrainian...

    Court to consider Gazprom`s appeal on decision of Ukraine Anti-Monopoly Committee over UAH 172 bln fine January 18
    Dec27

    Court to consider Gazprom`s appeal on decision of Ukraine Anti-Monopoly Committee over UAH 172 bln fine January 18

    Russian gas monopoly Gazprom has filed an appeal against the court`s decision granting the Anti-Monopoly Committee of Ukraine the right to impose a UAH 171.932 billion fine against the company for violations of the anti-trust legislation of Ukraine. The hearing is scheduled for January 18, according to the website of Kyiv Economic Court of...

    Deposit Guarantee Fund admits poor results in recovering failed banks` assets
    Dec27

    Deposit Guarantee Fund admits poor results in recovering failed banks` assets

    The government has paid out more than UAH 80 billion ($3 billion) to Ukrainian customers with insured deposits in the nation`s 80 collapsed banks since 2014. But little of that money, and as well another $5 billion in losses from uninsured deposits, has come from bank owners, managers and shareholders, who pocketed billions of dollars of...

    Several traders to be able to sell gas to Ukraine households in 2017 – Deputy Prime Minister
    Dec27

    Several traders to be able to sell gas to Ukraine households in 2017 – Deputy Prime Minister

    From the moment of a full-fledged launch of Mahistralni Gazoprovody Ukrainy [Main Pipelines of Ukraine] company, which divides the supply, production and sales of gas, in the third quarter of 2017, Naftogaz of Ukraine will lose its monopoly on gas supplies to the country`s households, Deputy Prime Minister Volodymyr Kistion has said in an...

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