Business Rss

Country Life: Where to invest in farmland

Andrew Shirley writes:An increasing global population will need more food. That food has to come from somewhere, and that somewhere could well be Ukraine, where the price of top-quality arable soil is far lower than in other countries. Land values are projected to rise from an initial investment of $1, 500/hectare to $5, 000/hectare within five years. Read the story here.
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Business

Ukraine pays Russia gas debt, easing dispute fears

Fears of a repeat of the January dispute that saw Russia cut gas supplies to Europe eased on Friday after Ukraine said it had paid its latest bill on time.

The restructuring of Ukraine's Nemiroff Holding, which was finished in the middle of September, allowed the company to free up $30 million in frozen funds, the board chairman of the holding, Oleksandr Hlus, has told Interfax-Ukraine.

General

Ukraine sees almost 1 percent inflation in October

Ukraine had inflation of 0.9% in October 2009 and has seen inflation of 10.1% since the start of the year, the State Statistics Committee reported on Saturday. Producer prices grew by 1.9% in October and have risen by 12.7% since early 2009.

Delinquent borrowers return about Hr 27 million in loan funds to banks, says security service

Delinquent borrowers have returned Hr 26.9 million in loans back to a number of banks, the press center of the Security Service of Ukraine reported on Friday.

Business Focus

Business Sense with Bogdan Prots

Automakers hit hard, providing consumers with bargains all over

In recession, employers look for high-fliers, not ‘office plankton’

Demand remains high for some categories of employees, but competition is high for most vacancies.