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Thursday, Feb 20th

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Antonov presents promising programs at Farnborough 2012

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The main part of the Antonov exhibition at the UK air show Farnborough 2012 is dedicated to the An-148 program. Taking part in the exhibition, Ukraine's state-owned enterprise intends to hold a series of talks with representatives of the aviation industry around the world in order to consolidate its positions among aircraft manufacturers and search for new partners, the aviation company's press-service reported.

Investors ready to revive industry

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Investors are ready to take part in the restoration of Ukraine's industry, President of Ukraine was speaking at the meeting dedicated to the 80 anniversary of Donetsk region on Friday, the president's press office reported.

Ukraine to export 22-23 million tons of grain in 2012/2013 MY

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Ukraine will export 22-23 million tons of grain in the 2012/2013 marketing year, Agricultural Policy and Food Minister Mykola Prysiazhniuk has said.

Gold vs paper money: Which should we trust more?

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A popular solution to the financial crisis has been to print more money, but is there another way of fixing our economy? Would the financial system be more stable if each pound, dollar or euro in our pocket was once again backed by gold?

Ukraine hopes to deepen energy cooperation with BSEC countries

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Ukraine hopes to deepen cooperation with the countries of the Organization of Black Sea Economic Cooperation (BSEC) in the energy sector. Ukrainian First Deputy Prime Minister Valeriy Khoroshkovsky announced this at a summit of the heads of state and government of the Organization of Black Sea Economic Cooperation (BSEC), which was held in Istanbul on Tuesday, the press service of the first deputy prime minister reported.

Ukrzaliznytsia, Skoda to set up joint venture to build dual-system electric trains

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Ukraine's national railway carrier, Ukrzaliznytsia, in association with Skoda will produce dual system (double current) electric trains, Ukrzaliznytsia's press center reported citing the railway carrier's first deputy director general Mykola Serhiyenko.

Kyivstar, MTS to combine networks

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Ukraine's largest mobile communication operators, Kyivstar and MTS, have agreed on the terms of interconnecting their networks, Andriy Osadchuk, Kyivstar regulatory and legal support director, told Kommersant-Ukraine.

Azarov says reopening of domestic oil refineries remains priority

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The recovery of domestic oil refineries is the number one issue for the government, Prime Minister Mykola Azarov said when visiting Kharkiv region on Friday.

Ukraine could reduce gas imports from Russia to 17.5 bcm in 2020

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Ukraine could reduce the purchase of natural gas from Russia to 17-17.5 billion cubic meters by 2020 and to 1.7 billion cubic meters by 2030 as part of the implementation of a comprehensive program to diversify gas supplies.

Falling Oil Prices Prompt Russian Economic Fears

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oilOil prices have shown a steady fall in the last few months, prompting fears that the Russian economy, which relies heavily on energy exports, could suffer.  Meanwhile, new sources of oil are coming on line and helping to drive down the price at the pump.

Duty on petroleum products to stimulate Ukrainian refineries

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A possibility to introduce duty on petroleum products to stimulate Ukrainian refineries is now studied by the Ministry of Economic Development and Trade of Ukraine.

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