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 Boryspil automobile plant (CJSC BAZ), part of Etalon Corporation and producing buses, from middle May restarted bus production for a short term as demand for certain bus models had appeared, BAZ Director General Oleksandr Ostapchuk has told Interfax-Ukraine.29-05-2009
NEW YORK (AP) -- When credit was flowing, stock portfolios were rising and jobs were plentiful, Americans bought and bought, stuffing their closets with everything from designer shoes to coats.
In a May 27 Reuters interview, the chief executive and chairman of Austria’s Raiffeisen bank group said it would be "unthinkable" his bank, the No.2 emerging Europe lender, to exit crisis-ridden countries like Ukraine or Romania.
Ukrainian President Victor Yushchenko has removed Microsoft founder Bill Gates, one of the world’s richest people, from his foreign investment council, the presidential office said in a statement on May 26.
Kyiv, May 25 (Interfax-Ukraine) – Kyiv-based Delta Bank has raised Hr 700 million in refinancing from the National Bank of Ukraine (NBU), the privately-owned commercial bank said in a statement.
XXI Century, the London-listed Ukrainian real estate developer, said on Friday it had agreed with holders of its $175 million Eurobond to extend a May 24 deadline for a coupon payment, Reuters reported on May 22.
Kyiv, May 23 (Interfax-Ukraine) - Ukrainian Premier Yulia Tymoshenko has said that the introduction of a moratorium on unscheduled inspections of business entities does not mean the stoppage of financial discipline checks.
Russian Prime Minister Vladimir Putin will meet his Ukrainian counterpart Yulia Timoshenko on the sidelines of the meeting of CIS heads of government on Friday to clarify the situation with Ukrainian payments for Russian gas, as Moscow fears a new gas crisis is looming for Europe.
18-05-2009
SteelOrbis reported that Ukrainian Railways, Ukraine’s national gas company Naftogaz and the Ministry of Fuel and Energy of Ukraine have asked the Ukrainian government to cancel its decision No 925, dated October 14th 2008, stating that as a result of the measures involved they were threatened with disastrous consequences. The surcharge on natural gas prices was annulled and railway transportation tariffs and electricity supply prices were frozen for metallurgical companies in Ukraine.
Interfax citesValentyn Kulychenko, head of the Ukrainian Scrap Metal Association as saying that Ukraine reduced scrap metal exports tentatively 78.7%YoY in January to April to 145,000 tonnes including 50,200 tonnes in April
 Ukraine has exported 21.5 million tonnes of grain since the current marketing year started on July 1, 2008, Agriculture Minister Yuriy Melnyk told journalists in Kyiv on Wednesday.12-05-2009
The sale of the largest player on Hungary’s deregulated gas market, Emfesz, was confirmed last Thursday. A spokesman for the firm, Igor Gállyas, said that a report to that effect in the Russian newspaper Vedomosti was correct. In a deal reflecting the complexity and opacity of the Eastern European energy market, the firm, which handles around a quarter of gas imports to Hungary, was purchased by the Swiss-based firm RosGas AG from Dmitry Firtash, a Ukrainian oligarch.
In the Q1 of 2009, Ukraine exported 6.2 million tonnes of finished products, which is a drop of 33%; crude steel was 6.82 million tonnes decreased by 38%. According to the export data of the Q1 of 2009:
1. Ukrainian steel pipes exports dropped 28.5%YoY to 309,430 tonnes
2. Billet exports dropped 10.3% YoY to 2.94 million tonnes
3. Flat products export volume dropped 38.1% to 1.424 million tonnes
4. Long products declined by 42.6% to 1.035 million tonnes
Ukraine expects to import 33 billion cubic meters this year, compared with about 55 billion cubic meters last year. In the Q1 it imported 2.5 billion cubic meter half of the contracted volumes a fact that may yet spark another dispute between Kiev and Moscow.
Judy Dempsey writes: UniCredit’s chief executive officer, Alessandro Profumo, said in a statement that his bank would use the loans to support the local branches and the local economies.
Most of the ?432 million will be earmarked for UniCredit’s subsidiaries in Ukraine and Kazakhstan, with each receiving ?100 million. Ukraine’s economy will fall by 10 percent this year compared to 2008, according to the E.B.R.D. Kazakhstan is suffering a serious banking crisis.
 The National Bank of Ukraine (NBU) has revised the principles for crediting banks, having defined the order of the credit support for financial establishments that are facing a real threat to their stability.A new row erupted yesterday in the murky east European gas trade when Dmitry Firtash, the Ukrainian gas billionaire, claimed he had lost control of a key subsidiary through the fraudulent actions of a renegade employee.
In January-April, the State Property Fund transferred UAH 68.247 million to the national budget.
 Ukrainian Journal reported that natural gas transit to Europe and the former Soviet Union through Ukraine in the first quarter of 2009 was 17.6 billion cubic meters, half the year-on-year level. Valentyn Zemliansky, spokesman of Naftogaz Ukraine, said that natural gas transit to Europe through Ukraine for the period was about 16.4 billion cubic meters, while the plan was 28.4 billion cubic meters. Ukrainian Journal cited Serhiy Haida, an analyst from Dragon Capital Investment Company, as saying that some Ukrainian metals companies could face great difficulties during the current economic crisis due to low prices of metals, shortages of their own raw material base and their large debt burden.Kyiv, April 30 (Interfax-Ukraine) – Dnipropetrovsk-based OJSC Dniproavia airlines is to launch the Kyiv-Nice flight as of May 1.
Metinvest, the steel conglomerate controlled by Ukrainian billionaire Rinat Akhmetov, said on Thursday that it had acquired West Virginia-headquartered United Coal Company, in a purchase estimated to be worth up to $1bn.
The association announced this in a statement. Ukrainian Prime Minister Yulia Tymoshenko said this at a press conference following a meeting of the Ukrainian-Russian intergovernmental commission for economic cooperation.  Gazprom, Russia’s state-controlled energy giant, has agreed to waive hefty fines upon Ukraine, which purchased only a third of planned natural gas supplies so far this year after its recession-battered economy shrank sharply.Moscow, April 29 (Interfax-Ukraine) - A Ukrainian-Russian inter-governmental agreement on completing the construction of a new bloc at the Khmelnytsky Nuclear Power Plant will be drafted soon, Ukrainian Prime Minister Yulia Tymoshenko has said.
Ukraine exported 5.9 million tons of steel in the first quarter this year, dropping by 26 percent year-on-year.
She said that as of January 1, 2009, the debt was about UAH 2 billion and in January-April 2009, it grew by UAH 2.9 billion. 28-04-2009
The bank announced this in a statement, a text of which Ukrainian News obtained. The western Ukrainian news agency writes that Russia pays Ukraine $100 million annually for pumping its oil to Odesa, and there is no need for Ukraine to give up this contract, according to the premier’s adviser on fuel issues and VR lawmaker, Oleksa Hudyma.
Anatolii Osadchyi, the top spokesman for the Ukrainian veterinary watchdog, told this to Ukrainian News. "I want to say that the prices proved by the anti-crisis council, UAH 8,000 [per square metre of residence] for Kyiv, less for the regions, today these prices are higher than the prime costs. They will not get lower," believes president of the territorial intersectoral association Liko-Holding (Kyiv) Ihor Lysov.  The British news magazine writes that the squabbling Orange Revolution leaders are failing to push through the longer-term reforms that the economy needs.The relevant outlook for 2008 was 5.29 UAH/USD and 5.03 UAH/USD for 2007. As of April 22, the Southwestern Railway introduced ten additional passenger trains, the Prydniprovska Railway seven trains, the Donetsk Railway five trains, the Southern Railway five trains, the Odesa Railway three trains and the Lviv Railway two trains. With effect from May 1, compulsory labeling of genetically modified organisms (GMO) will be annulled, according to the reports issued by a chief of GMO laboratory at Ukrmetrstandart Ruslan Holubetz. As per the Segodnya newspaper reports, the Cabinet has not given its approval for the labeling procedures.
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