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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…
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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…
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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
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NBU: Cyprus crisis has not affected investment and deposits (Kyiv Post)
The Cyprus crisis has not affected the inflow of foreign investment to Ukraine, the deputy director of the general department for monetary and credit policy at the National Bank of Ukraine (NBU), Oleksandr Arseniuk, has said. “As of today, we do not see any negative factors [in the field of…
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Government to increase revenues from privatization in 2014 to Hr 17 billion (Kyiv Post)
The Ukrainian government’s economic development stimulation program for 2013-2014 envisages Hr 10.9 billion as revenues from privatization in 2013, and Hr 17 billion in 2014. According to the document, whicn was approved by Cabinet of Ministers resolution No. 187 of Feb. 27 and was posted on the government’s Web site…
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Foreign Ministry: Kyiv not planning to quit Energy Community (Kyiv Post)
Ukraine is not to consider the issue of its withdrawal from the European Energy Community, the Ukrainian Foreign Ministry has said “Participation in the Energy Community gives Ukraine a significant advantage in its relations with the EU, and naturally we will not consider leaving it,” Acting Director of the Ministry’s…
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Ukrainian government to raise over $400 million under state guarantees in 2013 for space sector (Kyiv Post)
The Ukrainian government is planning to raise $410 million (Hr 3.45 billion) under state guarantees in 2013 to implement plans and programs in the sphere of space activity. This is stipulated in Ukraine’s economic development stimulation program for 2013-2014, which was approved by Cabinet of Ministers resolution No. 187 of…
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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…
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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…
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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/
UKRAINIAN BUSINESS PORTAL
