Ukrainian Prime Minister Yulia Tymoshenko has met the leadership of SK Telecom during her official visit to South Korea, and proposed that the company participate in several large investment projects. Tymoshenko said that the issue concerned the privatization of Ukrtelecom,

An economic solution may solve a problem with the Ukrainian gas transit system (GTS): 25% for Russia, 25% for the European Union and 50% remains for Ukraine. This option of addressing a 'gas triangle' was suggested by potential presidential runner

Trading on the interbank currency market opened at UAH 7.762-7.795/USD 1 on Thursday. According to Inter Business Consulting Company, trading in the euro and the Russian ruble opened at UAH 10.925-10.985/EUR 1, and UAH 0.245-0.2465/RUR 1. The National Bank of

A new gas well, Vyshnianska-17, with the daily output of around 20,000 cubic meters of gas, has been opened in Lviv region (West Ukraine), UKRINFORM reported. An oil well, Orkhovetska-23, near Kalush, is to be opened by the end of

Ukrainian Prime Minister Yulia Tymoshenko has participated in a flower-laying ceremony near the monument to patriots and soldiers who died for Korea at the Seoul National Cemetery in South Korea. The ceremonial group laid a wreath with a yellow-and-blue ribbon

On July 15, the index of equity prices at the PFTS Stock Exchange biddings dropped by 1.27 points to 382.38 points, with daily sales totaling UAH 3.9 million (UAH 7.63 / USD 1). On July 14, the PFTS index advanced

In January-June 2009, Ukraine reduced imports of coking coals by 44% against the relevant period of 2008 to 3,260 million tons. Over six month of the year, deliveries of Ukraine's coal for plants fell down by 11% to 9,115 million

There are no economic grounds to dismiss Ukrainian Agriculture Minister Yuriy Melnyk, the head of the group of experts at the Ukrainian Club of Agrarian Business, Volodymyr Lapa, has said. "This issue lies in the political field," he said. A

The purchase rate of the cash dollar at the exchange offices of Ukrainian banks was USD 7.70-7.76/USD 1 on July 16, while the sale rate was UAH 7.80-7.85/USD 1. The purchase rate of the cash euro was UAH 10.75-10.90/EUR 1,

The Constitutional Court of Ukraine (CCU) has declared unconstitutional an exemption from January 1, 2009 of industrial enterprises from import duty for equipment and components that are not produced in Ukraine, CCU Chairman Andriy Stryzhak announced. The CCU declared unconstitutional

The World Bank has downgraded its forecast for the expected fall in Ukraine's gross domestic product in 2009 from 9% to 15%, the World Bank's senior economist in Ukraine, Belarus and Moldova, Ruslan Piontkivsky, said at a press conference on

President of the Republic of Korea Lee Myung-bak has expressed confidence that Ukraine being professionally led by Prime Minister Yulia Tymoshenko will not just overcome challenges of the global financial downturn, but will quickly achieve a dynamic growth, he said

Ukraine's Embassy in Greece has provided additional information on the Ariana, a Maltese-flagged ship seized by Somali pirates on May 2, 2009, with a crew of 24 people, all of them Ukrainians. On July 15, a representative of Alloceans Shipping

There were no Ukrainian citizens on board a Tu-154 aircraft operated by Caspian Airlines that crashed in Iran on July 15, the Ukrainian Foreign Ministry has told UKRINFORM, referring to a company representative. As UKRINFORM reported, a Tu-154 aircraft, en

Verkhovna Rada Chairman Volodymyr Lytvyn has closed the fourth session of the Ukrainian parliament. The fifth session will start on September 1

A second day of the European Fencing Championships in Plovdiv (Bulgaria) has brought the first medal for Ukraine. Leader of women's fencing team Yana Shemyakina was beaten in semifinals by Germany's Britta Heidemann (15:16) and gained bronze medal

Cherkasy region (Central Ukraine) could become a major region of the country for supplying Azerbaijan with feed grain, according to Azerbaijan's Ambassador to Ukraine Talyat Museib oglu Aliyev. "The Azerbaijani party is satisfied with the quality of our grain," Oleksandr

Obolon Company has won eight awards at the 11th International Moscow Beer Festival where largest breweries from Russia and other European countries gathered. Obolon beer won six awards according to the results of the Osiris 2009 professional contest. Obolon Non-Alcoholic

The World Bank has improved inflation forecast in Ukraine 16.4% to 13.4% in 2009, World Bank Economist Ruslan Piontkovsky told reporters. According to the WB, in 2010 Ukraine will see 10.5% inflation and 8.8% in 2011. The World Bank worsened

Two people have been killed after the explosion of a gas cylinder at a private garage in the town of Radekhiv in Lviv region, UKRINFORM reported, referring to the Ukrainian Emergencies Ministry's press service. The gas explosion occurred due to