Most Read, Business

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.

May 21 at 10:58
Farmak to increase dividends for 2012 by 7.8% PJSC Farmak, one of the largest Ukrainian pharmaceutical manufacturers, plans to pay Hr 12 million in dividends for 2012, which is 7.8% up from 2011, according to a posting on the company's Web site.
May 8 at 09:56 | Interfax-Ukraine
Main indexes of the Russia stock market for May 7 May 7 at 19:17 | Interfax-Ukraine
Court not to satisfy appeal to cancel privatization of 50% in Vinnytsiaoblenergo Kyiv District Administrative Court has decided not to satisfy an appeal by public joint-stock company Lvivoblenergo to cancel the results of a tender on the privatization of a 50% stake in regional electricity supply company Vinnytsiaoblenergo, reads a ruling published in the single register of rulings.
May 8 at 11:48 | Interfax-Ukraine
Cherkasenko: Comprehensive due diligence necessary in Ukraine-related deals In this Kyiv Post interview, Arzinger partner Maksym Cherkasenko recommends conducting comprehensive due diligence when Ukraine-related transactions are on the table, enough to cover all historical aspects related to the target asset.
May 17 at 23:29 | Kyiv Post
Markets volatile amid elections uncertainty LONDON — Greek election results reignited concerns over the country's ability to stave off bankruptcy, though losses elsewhere were trimmed on hopes that France's new president may prompt a change in Europe's strategy to fight the debt crisis.
May 7 at 19:36 | Associated Press
Oil extraction in Ukraine down 5.2% in four months Oil extraction in Ukraine in January-April 2012 fell by 5.2% or by 41,800 tonnes year-on-year, to 766,600 tonnes, the Energy and Coal Industry Ministry has told Interfax-Ukraine.
May 14 at 14:41 | Interfax-Ukraine
Prysiazhniuk: Production market of Ukraine will be stable SIMFEROPOL – The Agrarian Policy and Food Minister of Ukraine Mykola Prysiazhniuk has promised to ensure stability on the production market of Ukraine despite the bad weather conditions during the recent sowing campaign.
May 8 at 09:40 | Interfax-Ukraine
Naftogaz Ukrainy signs framework agreement for buying gas from German company National joint-stock company Naftogaz Ukrainy and RWE Supply Trading GmbH (RWEST, Germany) have signed a framework agreement for the purchase and sale of natural gas, the Ukrainian gas monopoly said in a press release.
May 11 at 12:12 | Interfax-Ukraine
Introduction of new high-speed trains not to affect domestic flights The introduction of new high-speed trains made by Hyundai Rotem in Ukraine from May 27 will not affect the volume of domestic passenger transportation by air, the Kyiv-based Ukraine International Airlines (UIA) has told Interfax-Ukraine.
2 days ago at 12:04 | 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.
May 22 at 17:11
US stocks under pressure after European elections NEW YORK — U.S. stocks were under pressure in early trading Monday after angry voters in Greece and France rejected painful budget cuts demanded by international lenders.
May 7 at 17:37 | Associated Press
Number of unprofitable banks in Ukraine down to 8.6% A total of 15 Ukrainian banks or 8.6% of the total number of operating credit and financial institutions saw a net loss in the first quarter of 2012, while in 2011 some 31 banks or 17.7% of the total number of banks saw loss, reads a posting on the National Bank of Ukraine's (NBU) Web site.
May 11 at 11:04 | Interfax-Ukraine
Ukrtelecom sees Hr 5,4 million net profit in 2012 PJSC Ukrtelecom in the first quarter of 2012, according to international financial reporting standards (IFRS), saw a net profit of Hr 5.409 million, while its net income amounted to Hr 1.642 billion.
Apr 26 at 15:20 | Interfax-Ukraine
Motor Sich sees 2,5 times rise in net profit in 2012 Public joint-stock company Motor Sich in January-March 2012 saw Hr 564.56 million in net profit, which was 2.5 time up year-over-year (Hr 224.07 million), reads a quarterly report of the company published in the information disclosure system of the National Commission for Securities and the Stock Market on April 26, 2012.
Apr 26 at 14:01 | Interfax-Ukraine