Nikopol Ferroalloys [NFER UZ, N/R] reduced output 1% YoY to 541 thsd metric tonnes in 1H2008.
On July 22, 239.8 thsd mt of crude oil were sold at Resources Auction 119, which took place on the floor of the Ukrainian Interbank Currency Exchange.
The wholesale electricity price in Ukraine is expected to increase 41% YoY by the end of 2008, reaching USD 81 per MWh.
According to an announcement by Ukraine’s Fuel and Energy Ministry, Ukrainian electricity export prices will increase 119% during 2008 and 2009 from an average export price of USD 41 per MWh in 2007 to USD 90 per MWh in 2009.
In July, Kryukiv Railcar [KVBZ UZ, BUY] joinly purchased a finishing milling center with the mobile column of the Czech company TOS KURIM that will be used for processing details for passenger railcar and subway car trucks.
UkrAVTO Corporation [AVTO UZ, N/R] intends to concentrate the production of Lanos brand cars at the Zaporozhia automobile plant (ZAZ, Ukraine) and the production of Chevrolet Aveo at the Warsaw motor-car factory (FSO, Poland) by October 2008.
President halted privatization again. TATM: NEUTRAL
The board of Ukrtelecom [UTEL UZ, U/R], Ukraine's largest telecommunications company, decided to issue registered interest bonds (series B) worth UAH 250 million (USD 51.5mn) at the meeting on June 24.
The Transport and Communication Ministry insists on fixing less than UAH 400 million losses in the financial plan of Ukrtelecom [UTEL UZ, U/R], telecommunication company, for 2008 Transport and Communication Minister Iosyp Vinskyi said.
The National Bank of Ukraine (NBU) has announced the results of the April-June 2008 survey on the inflationary expectations of 1,296 businessmen across the country.
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