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Archive for April 2013

  • Ukrainian Wikipedia first in world in terms of growth among top 40 sites (KyivPost)

    The number of overall users of the Ukrainian language Wikipedia jumped by 76 percent – to 85.3 million views last month. The number of overall users of the Ukrainian language Wikipedia jumped by 76 percent – to 85.3 million views last month. The Ukrainian language Wikipedia has become first in…

  • Turkish Airlines Ukraine head hints at expansion (KyivPost)

    The implosion of Aerosvit, once Ukraine’s biggest passenger carrier, has left a hole in the nation’s air travel market. With many of the most lucrative routes remain unassigned, alternative carriers including Wizzair and Air Astana have flocked to pick up connections. Meanwhile, to Ukraine’s south, Turkish Airlines, an industry giant…

  • Local venture fund makes second investment in Ukraine’s IT sector of year (KyivPost)

    AVentures Capital, an early stage Ukrainian venture capital fund that invests primarily in the region’s information technology sector, announced on April 10 that it made its second investment this year. The venture fund said it purchased a minority stake in nuPSYS, a leading visual network software developer with research and…

  • Cabinet sets 30% of norm of dividend payment for 2012 for companies with state stakes (Interfax-Ukraine)

    The Cabinet of Ministers of Ukraine has set the basic norm for the part of net profit for 2012 to be paid in dividends for companies with a state stake at 30%. According to government resolution No. 214 of March 27, 2013, the subjects of corporate rights management will have…

  • EBRD replaces director in Ukraine (KyivPost)

    Sevki Acuner has been appointed the new director of the European Bank for Reconstruction and Development (EBRD) in Ukraine. Acuner, who previously held the position of EBRD Deputy Country Director for Turkey, is replacing Andre Kuusvek, who has been appointed Director of Local Currency and Capital Markets Development at the…

  • Crimea might lose 300 tonnes of fruit crop to March frost (Interfax-Ukraine)

    Simferopol – The expected shortage of fruit in Crimea due to March frost will amount to about 300 tonnes, or 0.3 percent of the forecast gross yield of fruits and berries in 2013. According to the information policy department of the Council of Ministers of Crimea, this figure was taken…

  • DTEK extracts almost half of all coal in Ukraine (Interfax-Ukraine)

    The share of total coal extraction of mines under the control of the largest private energy holding in Ukraine – DTEK – in the first quarter of 2013 came to 48.1%, read materials of the Energy and Coal Industry Ministry of Ukraine. DTEK Pavlohradvuhillia over the period extracted 4.472 million…

  • Ukrainians working abroad are the nation’s biggest investors (KyivPost)

    There are an estimated 3 million Ukrainians working abroad. Ukrainians who live and work abroad sent $7.5 billion back home in 2012, including over $1 billion illegally in cash. These are the estimates of the National bank of Ukraine, made public on April 3. Read me: http://www.kyivpost.com/content/business/ukrainians-working-abroad-are-the-nations-biggest-investors-322676.html