Section: Latest news
Court annuls joint operation agreement between Ukrgasvydobuvannia and Onyschenko`s Nadra Geocenter
Kyiv`s Economic Court of Appeal has annulled a joint operation agreement signed in November 2007 between Ukraine`s largest gas company Ukrgazvydobuvannya and Nadra Geocenter LLC, which is under the control of Ukrainian MP Oleksandr Onyshchenko, who has fled the country. The decision dated August 9, 2016, has been published in the public rulings...
EU court to announce decision on sanctions against Yanukovych, Klyuyev in September
On September 15, the General Court of the European Union (EU) will announce its decision on the complaint of former Ukrainian President Viktor Yanukovych, his son Oleksandr and former head of the Presidential Administration of Ukraine Andriy Klyuyev on the application of the EU sanctions against them, the court told a UNIAN correspondent. ”The...
Media reports more cases of unfair tenders held by Ukrzaliznytsia
Center for Provision of Production, a branch of Public Joint Stock Company Ukrainian Railways (Ukrzaliznytsia), has once against found itself at the center of a corruption scandal, the Holos Ukrainy newspaper reported. The state-owned company is accused of protectionism towards the company Hanuman in connection with the purchase of fasteners...
Trump demotes Manafort after scandal over ties to Ukraine
Donald J. Trump has shaken up his presidential campaign for the second time in two months, hiring a top executive from the conservative website Breitbart News and promoting a senior adviser in an effort to right his faltering campaign, according to The New York Times. Stephen Bannon, the executive chairman of Breitbart News LLC, will become the...
NBU makes decision on liquidation of Eurobank PJSC
The National Bank of Ukraine (NBU), following a proposal of the Deposit Guarantee Fund, has issued a decision on withdrawing the banking license and liquidating PJSC Eurobank, according to a post published on the regulator`s website. The NBU stated that PJSC Eurobank was declared insolvent on June 17, 2016, after it was revealed that the bank had...
Ukrainian Interior Minister Avakov announces large-scale ”cleansing” among generals
Ukrainian Interior Minister Arsen Avakov has submitted for approval a draft proposing a reduction in the posts of generals. ”The proposed cuts: the State Border Guard Service (with about 42,000 people), including 74 generals, will have 14 people remaining; the National Guard (46,000 people), including 38 generals, will have 18 people remaining;...
Ukraine reports 8 WIA in past 24 hours
Eight Ukrainian soldiers were wounded in fighting in eastern Ukraine in the past 24 hours, according to Oleksandr Motuzianyk, presidential spokesman for ATO issues. ”There were eight wounded in action (WIA),” Motuzianyk said at a briefing in Kyiv on Tuesday, a UNIAN correspondent reported. As UNIAN reported earlier, combined Russian-separatist...
Hryvnia weakens to UAH 25.15 to dollar on interbank market
Hryvnia quotations against the dollar on the interbank currency market on Wednesday fell to UAH 25.11/25.15 to the dollar by the middle of trade, a broker at a commercial bank has told an UNIAN correspondent. Hryvnia quotes against the euro have settled at UAH 28.2960/28.3360, while those against the Russian ruble have settled at UAH...
Energoatom sees revenue from electricity sales rise to UAH 23 bln in 7 months
State-run enterprise Energoatom, which operates all Ukrainian-based nuclear power plants, reported that its revenue from electricity sales in January-July 2016 grew by 4.4% year-over-year (y-o-y) to UAH 22.731 billion. Wholesale electricity market payments for electricity supplied by Energoatom amounted to UAH 19.932 billion (87.7%) in the...
Ukraine`s former tax chief Klymenko summoned to PGO for questioning
The former head of the State Tax Service (2011-2012) and income and tax minister from 2012 to 2014, Oleksandr Klymenko, has been summoned to the Prosecutor General`s Office (PGO) for questioning, according to the summons published on the website of the PGO. At 10:00 on August 19, Klymenko must appear in the second investigative department of the...