Daily monitor

According to a press released issued by Ukrtelecom [UTEL UZ, U/R], its number of internet users was boosted by 2.5 times to 513 thsd clients in 2008. In the same period, the number of mobile users increased to 162.7 thsd users. This means that over the past year, Ukrtelecom managed to increase its internet and mobile subscriber pool by 307 thsd and 154.2 thsd clients, respectively.

Slavutych [SLAV UZ, BUY] held a conference on February 19, 2009. The company has continued to outperform the overall growth on the beer market, showing a growth of 16.2% vs. the 0.4% figure for domestic market growth. In 2008, total Slavutych turnover amounted to 8.2 mln gal (+19% YoY).

The annual report of Energomashspetsstal [ENMA UZ, N/R] shows that the company’s FY08 net loss amounted to UAH 200.3 mln (USD 38.0 mln at the period’s average USD/UAH 5.27). In 2007, Energomashspetsstal demonstrated a net income of UAH 10.2 mln (USD 2.02 mln).

Centrenergo [CEEN UZ, U/R], Donbasenergo [DOEN UZ, U/R] and Zakhidenergo [ZAON UZ, U/R] have reported on their preliminary 2008 financials. The net revenues of CEEN and ZAEN grew 36% YoY and 34% YoY, respectively, to UAH 4.7 bln and UAH 4.8 bln. CEEN posted UAH 198 mln net loss whereas ZAEN ended 2008 with UAH 90mln net loss.

Dniprodzerzhynsk Coke [DZKZ UZ, N/R] reported a FY08 net income of UAH 58.4 mln (USD 11.1 mln at the FY08 average of USD/UAH 5.27). The data was reported by Interfax-Ukraine in relation to an April 16 AGM invitation. The selected topics on agenda of the AGM, as reported by Interfax-Ukraine, do not include any extraordinary items.

Dnipropetrovsk Iron & Steel Works named after Petrovsky [DMZP UZ, U/R], or Petrovka, reported a FY08 net loss of UAH 381 mln (USD 72.3 mln at the FY08 average of USD/UAH 5.27). The data was reported by Ukrainian News, likely as an item on an AGM agenda. The news agency did not report the date for the AGM; we estimate it to be around April 16.

Bagliy Coke [BKOK UZ, U/R] reported a FY08 net income of UAH 15.3 mln (USD 2.9 mln at the FY08 average of USD/UAH 5.27). The data was reported by Interfax-Ukraine in relation to an April 16 AGM invitation. The selected topics on agenda of the AGM, as reported by Interfax-Ukraine, do not include any extraordinary items.

In January, cement production amounted to 265 thsd metric tons, which is 67.9% lower than achieved in January 2008. The monthly output figure for January 2009 represents a drop of 43.3% from December 2008 levels, according to the State Statistics Committee of Ukraine. That month recorded an output of 467 mln metric tons, which demonstrated a decline of 53.9% YoY.

Ukraine’s First Vice Minister Oleksandr Turchynov announced that the Cabinet of Ministers has released a new resolution about the state’s participation in the recapitalization of banks.

According to a State Statistics Committee note, Ukraine’s net FDI inflow reached USD 10.1 bln in 2008, compared to USD 9.2 bln in 2007.