National joint-stock company Naftogaz Ukrainy increased gas transit by 13.1% in 2017, from 82.2 billion cubic meters (bcm) to 93 bcm, the company has said. “93 bcm is a record-breaking figure since the launch of Nord Stream in 2011,” Naftogaz said. Naftogaz said that the number of gas importers to Ukraine grew to 54. The … Read more
The Energy Efficiency Fund has begun its work in Ukraine, and it will be a new and effective tool for implementing state energy modernization projects at the level of households and at the level of legal entities, according to the media liaisons department of the secretariat of the Cabinet of Ministers of Ukraine. It is … Read more
Ukraine increased imports of goods from Russia by 38.6% in January-November 2017 year-over-year, to $6.3 billion, the National Bank of Ukraine (NBU) has reported. Exports of goods to Russia rose by 11.9% over the period, to $3.06 billion. Total goods flow grew by 28.6%, to $9.36 billion. The deficit of Ukraine’s trade with Russia over … Read more
Reducing the number of tax-free shipments of goods to individuals by international postal and express mail to no more than three within a calendar month with a total invoice value of up to EUR150 will come into force on January 1, 2019. This is stipulated in the Law on Amendments to the Tax Code of … Read more
Ukraine’s State Property Fund (SPF) has approved a list of almost 100 enterprises of groups B, G and E eligible for privatization in 2018, the press service of the fund has reported, referring to SPF Head Vitaliy Trubarov. The list includes over 99% of Mykolaiv, Dniprovska and Kherson combined heat and power plants (all private … Read more
The adoption of the bill on the capital market and regulated markets (No. 7055) would open an opportunity of creating the full-featured commodity derivative market with the potential volume of around $30 billion, the National Commission for Securities and the Stock Market has said in a press release. Participants of the international practical conference “Development … Read more
The Verkhovna Rada has adopted amendments to the Tax Code to ensure the balance of budget revenues in 2018, which foresees an increase in excise duties for tobacco products by 29.7%, environmental tax rates by 11.2%, and royalty (apart from production of extractable resources) by 16.8%. According to an Interfax-Ukraine correspondent, 252 deputies voted for … Read more
DTEK Power Trade LLC has made a public demand for the minority shareholders of DTEK Dniproenergo about the squeeze-out. According to a report by DTEK Dniproenergo in the information disclosure system of the National Securities and Stock Market Commission, the buyout price was set at UAH 488.1 per share. This is the highest price at … Read more
Ukraine and China celebrate the 25th anniversary of establishing diplomatic relations and are reaching the new strategic level of cooperation, which envisages the implementation of joint projects for the total amount of near $7 billion, the press service of the Cabinet of Ministers of Ukraine. According to a report published on Tuesday, the relevant agreements … Read more
The price of one hectare of farmland in Ukraine, if a moratorium on the sale of farmland is annulled, could be UAH 50,000-60,000, First Deputy Agricultural Policy and Food Minister of Ukraine Maksym Martyniuk has said. “The shadow land market would exist until the moratorium on the sale of land is in effect. If the … Read more