All News, General

Reikartz opens three-star hotel downtown Mariupol Reikartz Hotel Management (Kyiv), the managing company of the hotels under the Reikartz Hotels&Resorts brand, on May 21, 2012, opened a three-star 60-room hotel, Reikartz Mariupol, located downtown Mariupol, at 79 Heorhivska Street.
Yesterday at 20:53 | Interfax-Ukraine
PepsiCo to boost share of Ukrainian baby food market by 2.5 times in five years VYSHNENE (Kyiv region) – PepsiCo Ukraine is to boost its share of the Ukrainian baby food market to 25% from the current 10% with the launch of its new Ahusha factory, which will produce cultured milk foods for children on the territory of the Wimm-Bill-Dann Ukraine dairy factory in Vyshneve, Kyiv region.
Yesterday at 19:12 | Interfax-Ukraine
United Press International: Gazprom welcomes Ukraine's energy minister MOSCOW - Ukrainian Energy Minister Yuri Boiko arrived in the Russian capital to meet with the chief executive of Gazprom, the Russian energy company said.

Gazprom in 2009 cut natural gas deliveries through Ukraine after a series of contractual disputes. Kiev managed to break the impasse, though the government later sentenced former Prime Minister Yulia Tymoshenko to jail for abusing her authority in the deal.

Read more about it.
Yesterday at 17:11
Bloomberg: Ukraine corn harvest may climb to 24 million tons Ukraine’s corn harvest may climb to 24 million metric tons this year as farmers increase planting of the grain, French farm adviser Agritel wrote on its website, without providing a year-earlier figure.

Corn sowing in Ukraine is being finalized, and the area planted with the grain rose to about 4.5 million hectares (11.1 million acres) from 3.5 million hectares in 2011, according to Paris-based Agritel, which has an office in Kyiv.

Read more here.

Yesterday at 16:46
Expert group states preconditions for reduction of fuel prices in May The expert and analytical group on the functioning of the market for oil and fuel, and the development of the oil industry under the Cabinet of Ministers of Ukraine has pointed out preconditions for the considerably fall in the prices of fuel in late May.
Yesterday at 12:03 | Interfax-Ukraine
Ukrzaliznytsia publishes tickets prices for Hyundai trains The State Railway Administration of Ukraine (Ukrzaliznytsia) has published the price of tickets for interregional electric trains made by Hyundai Rotem, the press service of Ukrzaliznytsia has reported.
Yesterday at 10:57 | Interfax-Ukraine
Yanukovych: Ukraine eager to cooperate with Chevron Ukraine is eager to cooperate with the Chevron Corporation in the sphere of diversification of energy resources, Ukrainian President Viktor Yanukovych said.
Yesterday at 09:32 | Interfax-Ukraine
Ukrzaliznytsia estimates losses from passenger transportation by suburban light railways in 2012 The State Rail Transport Administration (Ukrzaliznytsia) forecasts losses from the transportation of passengers by suburban light railways in 2012 at UAH 3.4 billion, according to Olekasndr Hudkov, the first deputy head of the administration's suburban light railway department.
2 days ago at 17:39 | Interfax-Ukraine
China's Sinopec proposes to Zorya-Mashproekt to increase cooperation China Petroleum & Chemical Corp. (Sinopec), the largest oil processing company in Asia, is interested in increasing cooperation with the state-run Mykolaiv-based Zorya-Mashproekt gas turbine scientific production complex.
2 days ago at 16:09 | Interfax-Ukraine
Bloomberg: Ukraine’s Central Bank lowered reserve level Ukraine’s central bank lowered the amount of required reserves banks hold on a special account at the central bank during one month to 50 percent from 60 percent, Kommersant-Ukraine newspaper reported, citing documents it obtained.

The new reserve requirement comes into force on May 31, according to the Kyiv-based newspaper.

Read more here.

2 days ago at 10:58
Kriukov works to supply 49 passenger wagons to Kazakhstan in 2012 Kremenchuk - Public joint-stock company Kriukov Car Building Works (KCBW, Kremenchuk, Poltava region) in 2012 will supply 49 passenger wagons to Kazakhstan, the company's press service said on May 18.
2 days ago at 08:36 | Interfax-Ukraine
Automobile manufacturers believe situation in sector is critical, plants could be stopped The largest Ukrainian automobile manufacturers have said that the situation in the sector today is critical, and they forecast that plants producing cars could be closed if urgent measures to restrict imports of cars are not taken.
May 18 at 13:34 | Interfax-Ukraine
Antonov state enterprise sees 29% rise in net profit in 2012 Kyiv-based Antonov state-run enterprise has updated its financial results for January-March 2012 year-over-year: the net profit over the period grew by 29.39%, to Hr 35.25 million, reads a company report.
May 18 at 12:42 | Interfax-Ukraine
Vehicle production in Ukraine down almost 15% in four months Ukrainian automobile manufacturers in January-April 2012 tentatively produced 26,170 cars and buses, a 14.8% fall year-over-year, reads a report of the Ukrautoprom association.
May 18 at 10:21 | Interfax-Ukraine
Expats To Watch: Tetra Pak chief: Ukraine business to grow more Tetra Pak's ubiquitous packaging for dairy, juice and baby food products is on almost all store shelves in Ukraine.



May 17 at 22:07 | Mark Rachkevych