All News, Business

Chinese investors to launch biofuel production in Sumy region Chinese investors are to change the line of business of a distillery in the Village of Popovka in Konotop district (Sumy region) to the production of bioethanol, reads a posting on the Web site of Sumy Regional State Administration.
Mar 2 at 22:04 | Interfax-Ukraine
Naftogaz chief: Ukraine, Russia to resume talks on gas price at presidential level Kyiv and Moscow will resume the talks on the natural gas price at the level of heads of state after the presidential election in Russia, Naftogaz Ukrainy Board Chairman Yevhen Bakulin has said.
Mar 2 at 19:39 | Interfax-Ukraine
Azarov: Gazprom hands Naftogaz draft agreement reducing gas price by 10% Russia's giant gas company Gazprom has handed Ukraine's national gas company Naftogaz Ukrainy a draft agreement that proposes to cut the price of natural gas for Ukraine by 10%, and negotiations on the matter are ongoing, Ukrainian Prime Minister Mykola Azarov has said.
Mar 2 at 18:49 | Interfax-Ukraine
NBU revokes license of Inprombank The National Bank of Ukraine (NBU) has revoked the banking license from Kharkiv-based Innovation and Industrial Bank (Inprombank) and launched liquidation procedures at the bank.
Mar 2 at 13:18 | Interfax-Ukraine
Agricultural Marketing Project: Ukraine sets up a new record in citrus imports in 2011 According to Fruit-Inform, in 2011, Ukraine imported record-breaking volumes of oranges, mandarins and lemons. Ukrainian imports were 11% higher than in 2007 (the year of the previous record). A recovery of orange imports should especially be mentioned, as they have been stably stagnating over the past 3 years. Last year, orange imports grew by 15%; however, they were still 8% lower than in 2007. Read more.
Mar 2 at 12:15
Telegraf.by: Ukraine sets condition for lifting ban on milk import The State Veterinary and Phytosanitary Service of Ukraine is ready to lift its ban on imports of milk and dairy products from Belarus, if the Belarusian side provides the guarantee of its products’ antibiotics spot test. This was sated by first deputy chairman of the Veterinary Service of Ukraine Volodymyr Gorzheev on March 1. Simultaneously, the Ukrainian veterinary service does not exclude the possibility that its experts will inspect the system for monitoring the production of milk and dairy products in Belarus. Read more here.
Mar 2 at 12:02
KFC coming soon to Kyiv The Colonel’s chicken is coming to Ukraine.
Mar 1 at 21:54 | Mark Rachkevych
Complex immigration laws create headaches, costs for foreigners The arbitrary application by authorities of immigration laws, rules, and regulations make it difficult for foreigners to legalize their stay in.
Mar 1 at 21:40 | Jakub Parusinski
Warsaw Stock Exchange aims to boost burgeoning business with Ukraine The number of Ukrainian listings on the Warsaw Stock Exchange may soon be boosted by a recent agreement with local business representatives.
Mar 1 at 21:27 | Jakub Parusinski
Courts flout case selection law for judges The random assignment of cases to judges is a widely used practice to help lessen corruption in the courts and ensure that the workload is fairly distributed.
Mar 1 at 21:19 | Vlad Lavrov
Shale gas tenders may mean bonanza for local law firms The upcoming shale gas tender launched last week is on track to become Ukraine’s biggest auction to investors ever, an economic bonanza and a game-changer for the country’s Russia-dependent energy sector.
Mar 1 at 21:10 | Jakub Parusinski
No investment boom in sight, lawyers say Two years into his term, President Viktor Yanukovych is sticking to his story: his administration is working hard to improve the nation’s investment climate, promising that reforms will set the stage for higher living standards and an investment boom.
Mar 1 at 21:01 | Oksana Grytsenko
On the move: Dmytro Zhdanov, ABB Editor's Note: Have a new employee or promoted someone recently? Let Kyiv Post readers know about all the changes in your business, government agency or non-profit organization through a paid announcement in the On The Move section. For information about how to place your On The Move item at the low rate of Hr 1,440, please call advertising at 591-77-88 or email advertising@kyivpost.com.
Mar 1 at 20:52 | Kyiv Post
Ukraine bars imports of Belarussian milk Ukraine on Thursday barred imports of Belarussian milk and milk products, a move which could escalate a regional trade war which started last month when Belarus' ally Russia banned imports of Ukrainian cheese.
Mar 1 at 13:24 | Reuters
Kyiv regional customs service from April 1 toughens post-audit control Kyiv regional customs service is planning from April 1, 2012 to launch a campaign to toughen post-audit checks of foreign economic traders to establish if they evaded paying taxes during customs clearance, Deputy Head of Kyiv regional customs service, Natalia Levedynska, said at a briefing in Kyiv on Wednesday.
Mar 1 at 12:56 | Interfax-Ukraine