Daily monitor

Eastern Ukraine’s Donbasenergo [DOEN UZ, U/R] posted a UAH 26.3 mln (USD 3.4 mln) net loss for Q12009.

On April 22, 220.6 thsd mt of oil was sold at Resources Auction 128, which took place on the floor of the Ukrainian Interbank Currency Exchange.

Today the State property Fund of Ukraine (SPF) postponed the privatisation auction on 25% stake in Poltavaoblenergo [POON UZ, BUY] on Ukrainian Interbank Currency Exchange (UMVB) by one week, to April 29.

After two years of failures, Odesaoblenergo [ODEN UZ, BUY] conducted shareholders meeting.

Khartsyzk Pipes & Tubes [HRTR UZ, N/R] will supply the total of 480 thsd mt of large-diameter pipes for Central Asia – China (CAC) natural gas pipeline.

Metal Bulletin reports that the Metinvest Group plans to launch a brand new Mill 390 at Makiivka ISW. According to Andrey Parkhomchuk, the sales director of Metinvest’s steel and rolled products division, after the launch of the 500-600 tpa (42-50 mt per month) mill, the Metinvest Group as a whole will decrease its sales of semi-finished products to only 50 mt per month.

Kirovogradoblenergo [KION UZ: BUY] allocated 95% of its 2008 net income on dividend payout. 5% of the net income was directed to the reserve fund. Respective decisions were approved during the company’s AGM last Friday.

According to IKS-Consulting monthly statistics, number of Ukrtelecom [UTEL UZ, U/R] mobile users increased by 9% MoM to 238.62 thsd clients in March 2008. In the same based on 1Q2009 users pool increased by 47%. Overall number of mobile users decreased by meager 0.36% to 55.48 mln. customers. Level penetration decreased by 0.5% to 120.2%.

According to the National Bank of Ukraine banks’ incomes reached UAH 37.7 bln (68.1% growth YoY), while expenses of the banks grew to UAH 44.7 bln (120% growth YoY). The main driver of such increase in expenses was provision expenses equaled UAH 17.3 bln. Net interest income and net fee & commission income equaled UAH 14.5 bln and UAH 3.3 bln respectively.

Ukraine’s state railroad transport administration, Ukrzaliznytsia, announced it will be holding a tender for the purchase of 1,000 freight cars, which are intended for use on the Donetsk Railway.