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Archive for 2012

  • Ukraine spends $5.5 billion on Euro 2012 (Interfax-Ukraine)

    The sport-related component cost $800 million. In particular, the construction of the stadium in Kyiv cost $550 million, Lviv stadium – $200 million, and $50 million was spent on the Kharkiv stadium. According to Vice Premier and Infrastructure Minister of Ukraine Borys Kolesnikov, 40,000 engineers, builders and architects, and around…

  • Ukraine could invest $25 billion in new nuclear power capacity by 2030 (Kyivpost)

    The country plans to build nuclear reactors with combined capacity of 5,000 MW by 2030, according to the basic scenario of a draft updated energy strategy posted on the Energy and Coal Industry Ministry’s website. By the end of this year there are plans to make a decision at the…

  • Ukraine to introduce new duties on some imported automobiles (Interfax)

    The interagency commission for international trade has decided to introduce duties on imports of cars with engines from 1 to 2.2 liters. As reported, the duty will be an additional duty to the present 10% duty on imports of cars. Read more: http://www.interfax.com.ua/eng/eco/106906/

  • SEB completes sale of Ukrainian retail business (Reuters)

    In accordance with the 18 November, 2011 announcement of the sale of SEB’s retail banking business in Ukraine, the sale was completed on 7 June, 2012. SEB will continue to operate in Ukraine as a corporate  bank, serving its Nordic, Baltic and German corporate and institutional customers. Read more: http://www.reuters.com/article/2012/06/08/idUS56691+08-Jun-2012+HUG20120608

  • 100 Reasons to Invest in Ukraine

    1) Ukraine’s new tax code implemented in 2010 established zero taxation for small businesses for a period of five years and for the hospitality sector and light industry for 10 years. 2) Income tax rate in Ukraine is (01.04.2011 the rate is 23 %, from  01.01.2012 – 21%; from 01.01.2013…

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