Kyiv Post News, General

Zhytomyroblenergo and LEU place bids to buy 50 percent stake of Zakarpattiaoblenergo One of the subsidiaries of regional electricity distributor Zhytomyroblenergo (controlled by VS Energy International) and Luhansk Energy Union (LEU, controlled by businessman Konstantin Grigorishin) have submitted bids to participate in a tender for the sale of a 50 percent stake in regional power supply company Zakarpattiaoblenergo, an informed source on the market has told Interfax-Ukraine.
Jan 14 at 10:16 | Interfax-Ukraine
Azarov orders tax service to halve number of inspections on enterprises in 2012 Ukrainian Prime Minister Mykola Azarov has instructed the State Tax Service to halve the number of planned inspections on enterprises this year.
Jan 14 at 08:30 | Interfax-Ukraine
Ukrainian electricity exports surge by 52.5 percent in 2011 Ukraine’s electricity exports surged by 52.5 percent (by 2.215 billion kilowatt hours) to 6.433 billion kilowatt hours in 2011, Interfax-Ukraine reported on Jan. 13 citing an Energy Ministry source.
Jan 14 at 08:05 | Staff and wire reports
Naftogaz expects $415.8 per 1,000 cubic meters to be average Russian gas import price in 2012 A senior official at Ukrainian state energy company Naftogaz Ukrainy announced on Jan. 13 that it expects the average annual purchasing price for Russian gas in 2012 to be $415.77 per 1,000 cubic meters
Jan 14 at 07:30 | Interfax-Ukraine
Fitch: Naftogaz default ‘real possibility’ Credit rating agency Fitch Ratings on Jan. 13 announced that it had affirmed NJSC Naftogaz Ukrainy's (Naftogaz) Long-term foreign and local currency Issuer Default Ratings (IDRs) at 'CCC.'
Jan 14 at 07:12 | Interfax-Ukraine
OPIC starts to pour money into Ukraine again The Overseas Private Investment Corporation (OPIC), a U.S. governmental finance institution that supports American businesses abroad, provided $50 million to the SigmaBleyzer Investment Fund for Southeastern Europe, a private equity fund.
Jan 12 at 21:56 | Jakub Parusinski
New gas talks set for Jan. 17 Interminable talks between Ukraine and Russia over natural gas supplies will resume Jan. 17 amid increasingly sharp rhetoric that suggests a new deal is still eluding both sides.
Jan 12 at 21:50 | Mark Rachkevych
Irish bank foiled in attempt to recoup Ukraina mall for debt Kyiv’s lucrative Ukraina shopping mall is on the verge of forever falling out of the reach of foreign shareholders following a court ruling on Dec. 23 that could render it bankrupt.
Jan 12 at 21:43 | Mark Rachkevych
Moody’s highlights growing risks in Ukraine, warns downgrade possible Moody's highlights growing risks in Ukraine, warns downgrade possible.
Jan 12 at 21:40 | Jakub Parusinski
Spat brewing after Volia switches off Eurosport Eurosport Group, Europe's leading sports television broadcasting group, announced on Dec. 30 that it would challenge a decision by a top Ukrainian cable television operator to drop its Eurosport channels.
Dec 30, 2011 at 10:51 | Kyiv Post Staff
Ukraine threatens Russia with lawsuit over gas (AP)— Ukraine's prime minister says it may take Russia to court if Moscow doesn't agree to a lower price in negotiations for natural gas.
Dec 29, 2011 at 20:18 | Associated Press
Azarov: Ukraine may seek arbitration if Russia gas talks fail (Reuters) - Ukraine may take Russia to an international arbitration court if the two sides fail to negotiate a new gas supply contract with a lower price, Ukrainian Prime Minister Mykola Azarov said on Dec. 29.
Dec 29, 2011 at 20:14 | Reuters
Nation has yet to convince investors they are welcome Legend has it that when Catherine the Great traveled to Crimea her minister Grigory Potemkin built fake villages and lit camp fires along the way, reassuring the monarch that her conquests were indeed valuable and not just barren wastelands.
Dec 22, 2011 at 22:44 | Jakub Parusinski
Akhmetov reportedly faces US visa delay Rinat Akhmetov's U.S. visa application is being processed, his lawyer says.
Dec 22, 2011 at 22:37 | Katya Gorchinskaya
Ukraine will start 2012 in precarious condition Three years ago Ukraine’s economy was devastated by the global financial crisis.
Dec 22, 2011 at 22:32 | Jakub Parusinski