Daily monitor

According to an announcement from the National Bank of Ukraine, the BOP deficit in March shrank to USD 1.29 bln, compared to USD 2.14 bln in February 2009. The 1Q09 BOP deficit was USD 5.23 bln, compared to USD 0.14 bln in 1Q08.

According to an announcement from the IMF’s Managing Director, Dominique Strauss-Kahn, the Fund is planning to soften requirements for the budget and financial policies of Ukraine and other countries that the IMF is cooperatng with on anti-crisis activities. The details were not revealed, however.

Seven oblenergos and one power generating company, Dniproenergo [DNEN UZ, U/R], reported their 1Q09 financials yesterday.

At its AGM held on April, 24 Bank Forum [FORM UZ, U/R] announced its financial targets for 2009.

The Creative Group is a Ukrainian vegetable oil and fat producer.

According to the Ministry of agriculture in Ukraine sugar beet harvest will be increased in the 2009/10 marketing year and expected at 16.5 mln mt. In the 2009 planned cultivated area with sugar beets slightly shrunk by 0.5% YoY.

On April 22, Zaporizhtransformator [ZATR UZ, N/R] – the world's largest manufacturer of transformer equipment – announced that it will supply transformers to Central Asian countries in Q42009.

The Luhansk-based Stakhaniv Railcar Works [SVGZ UZ, U/R], one of the largest wagon producers in Ukraine and part of the AvtoKrAZ holding, announced that company has recently finished the production of 100 platforms for a Latvian railway and started the production of 300 mineral hoppers for a Russian client.

According to bank’s statement Ukreximbank has redeemed USD 345 mln loan attracted in April, 2007.

According to bank’s statement Forum Bank has fully repaid its USD 115 mln loan attracted in April, 2008.