Ukrnafta reports $2.7 mln in net profit in the first quarter of 2017
Ukraine`s largest oil producer, Ukrnafta, posted UAH 71.1 million, or US$2.7 million, in net profit in the first quarter of 2017 (Q1) against a net loss of UAH 510 million, or $19.3 million, year-over-year (y-o-y), according to the company`s press service. ”Ukrnafta recorded net profit at UAH 71.1 million in Q1 2017, which reflects positive...
IMF mission starts work in Kyiv – resident representative office
A new mission of Ukraine`s key lender, the International Monetary Fund (IMF), arrived in Kyiv and started work on May 16, as was planned earlier, according to the IMF Resident Representative Office in Ukraine. The current mission will analyze the country`s implementation of the Extended Fund Facility (EFF), which could result in the fourth review...
Ukraine, NATO, EU discuss way to counter Russian aggression – Chief of the General Staff of Ukraine
Chief of the General Staff of the Armed Forces of Ukraine Viktor Muzhenko says NATO and the EU have offered Ukraine non-standard approaches to counter Russian aggression. ”Participation in meetings of the EU and NATO Military Committees at the level of chiefs of the general staffs in Brussels was more effective and pragmatic than ever. I shared...
Ukraine PM condemns Russian aggression during Israel visit – media
Ukrainian Prime Minister Volodymyr Groysman has condemned the Russian aggression during his visit to Israel, according to The Jerusalem Post. ”Every day they [separatists] fire at us from the temporarily Russian-occupied territories; every day we have 40 to 50 to 100 firings a day from Russian weapons, from Russian tanks, Russian artillery, and...
No plans to retake Donbas militarily – Ukraine`s defense minister
Ukrainian Defense Minister Stepan Poltorak assures there are no plans to retake Russian-occupied areas in Donetsk and Luhansk regions, using military means, according to the Ukrainian-language service of Germany`s Deutsche Welle. ”We do not consider the use of force to address the problem of occupation in Donetsk and Luhansk. But every Ukrainian...
Ukraine`s property fund asks court to undo Ukrtelecom privatization
Ukraine`s State Property Fund (SPF) has lodged a lawsuit with a Kyiv-based economic court against Ukrainian businessman Rinat Akhmetov`s ESU company and the State Export-Import Bank of Ukraine to cancel the sale of shares of Ukraine`s telecoms giant Ukrtelecom and recover UAH 2.17 billion, or US$82.1 million, in fines, according to the SPF`s...
Human Rights Watch asks Poroshenko to revoke ban on Russian social media in Ukraine
Human Rights Watch (HRW) has called on Ukrainian President Petro Poroshenko to revoke a ban on Russian social media platforms and news outlets, as it infringes the right to freedom of expression and information in Ukraine. ”Poroshenko should immediately reverse the ban, which affects such internet platforms as VKontakte, Odnoklassniki, RBC, and...
Court rejects Gazprom`s appeal over Ukraine`s claim of UAH 172 bln fine
The Supreme Economic Court of Ukraine ruled to reject the cassation appeal by Russian energy giant Gazprom on canceling the Antimonopoly Committee`s decision to recover from Gazprom a UAH 171.932 billion fine, according to the committee`s press service. ”Today, the Supreme Economic Court refused to satisfy the cassation appeal by PJSC Gazprom...
Ukraine`s Naftogaz pays back the Europeans as Russian influence dwindles – Forbes
Ukraine is making good on its debts with the European Union. This time it`s Naftogaz, arguably the country`s most important company, paying off a $300 million loan it had with the European Bank for Reconstruction and Development (EBRD) on Tuesday, according to Forbes. Naftogaz used the funds between July and September, but the EBRD loan option...
Attackers storm Afghan state television building, civilians killed – media
Attackers stormed the state television building in the eastern Afghan city of Jalalabad, triggering an hours-long gunbattle with security forces that left at least two civilians dead, according to Radio Free Europe/Radio Liberty. The extremist group Islamic State (IS) claimed responsibility for the attack, RFE/RL reported. Four attackers and two...